UNLOCK THE ENERGY,
IDEAS AND MONEY
TO BUILD A BETTER WORLD

BUENOS AIRES, ARGENTINA | 18-19 NOVEMBER 2019
REGISTER NOW

AGENDA

Time Session
8:00- 8:45 Refreshments & Registration
8:45- 10:15 Opening Plenary

08.45-09.00 Musical Opening: TBC
09.00-09.03 Video
09.03-09.05 Welcome by Summit Master of Ceremonies + Welcome to NABs
Krisztina Tora
09.05-09.12 GSG Welcome Address
Krisztina Tora
09.12-09.13 Introduction to CS
Krisztina Tora
09.13-09.16 Host Country Inaugural Address
Carolina Stanley
09.16-09.17 Introduction to SRC
Krisztina Tora
09.17-09.37 Opening Address: Impact Revolution
Ronald Cohen
09.37-09.38 Introduction to MQ
Krisztina Tora
09.38-09.53 Special Address
Mario Quintana, Former Vice-Chief of the Cabinet of Ministers, Argentina
09.53-09.54 Introduction to AB
Krisztina Tora
09.54-10.14 Theme Keynote: The Rise of Impact Economy
Amit Bhatia
10.14-10.15 Thank You & Transition to Plenary #2
Krisztina Tora
10:15- 11:00 Networking Tea & Coffee Break
11:00- 12:00 Plenary II

11.00-11.03 Introduction to the Keynote & Panel
Moderator: Maria Puch (New Ventures)
11.03-11.20 Keynote: Why governments need impact investment?
Nick
Hurd
11.20-12:00 Purpose of Investment- From Divergent to Convergent Economic Goals

The late 20th Century economic paradigm was shaped by assumptions of inevitable trade-offs between social and financial returns and divergent thinking about social and economic progress; about doing good and doing well. Along the way, the world lost sight of the purpose of investment, and over-emphasized financial return as an end in itself. The growing impact movement provides increasing proof of duality – the ability of business and investment models to drive both purpose and profit. This Forum will explore how we can reconnect investment choices with the real economy, enabling people to invest in alignment with their values, and their vision of an equitable world that they can pass on to their children.

Moderator: Laurie Spengler (Enclude Capital)
Panel: Jim Sorenson (Sorenson Impact), David Bohigian (OPIC), Valeria Alberola (ZOMALAB)

13:00- 14:30 Networking Lunch
12:00- 13:00 Plenary III

12.00-12.03 Introduction to the Keynote & Panel:
Celia Cruz (Instituto de Cidadania Empresarial)
12.03-12.20 Keynote: The Impact Growth Story:
Amit Bouri (GIIN)
12.20-13:00 Disrupting Allocations for Impact

Unlocking private capital for public good, disrupting investors’ allocation strategies, will require fundamental changes to how wealth and asset managers make decisions to allocate capital and analyse investment opportunities. Portfolio diversification and attractive risk-adjusted returns are familiar lenses for the managers, but Impact remains unfamiliar territory for most.Embedding the new paradigm of risk, return, & impact, requires more transparent ways to align around impact goals, management and performance. What will it take to convince the asset owners?

Once large asset owners and managers are convinced of the need for change, they will seek vehicles and products that have scale, such as SDG bonds. This has repercussions through the value chain – from asset owner allocation strategies to businesses and enterprise budgets, products and strategies.

The panel will tackle the hard questions about what it will take to achieve real change in allocations.

Moderator: Michele Giddens (Bridges Ventures)
Panel: Urs Wietlisbach (Partners Group), Cristina Penteado (Blue Orange Capital), Eric Rice (BlackRock)

14:30- 16:00 Forum Rotation #1

Forum 1A Societal Values: From Individuals to Commons

Societies are finding ecological, financial and social limits on growth. A growing sense of inequality is driving polarization in political dynamics. The economic models of the past century are not equipped for the nature of the challenges that need to be addressed, and need to embrace greater equality, diversity and sustainability. Governments, investors and corporations seeking to meet social and environmental challenges are recognizing the need to transition to more impactful economies.The impact economies of the 21st century are a pursuit of purpose and have a moral dimension. Whether it is the fight for social justice or the fight against climate injustice, the power of the collective is undeniable with shared values as the driving force. A shift in societal values from individual to commons is inarguably underway.

Moderator: John Simpkins (The Aspen Institute)
Lead Discussants: Carmen Correa (Pro Mujer), Christophe Itier (Social & Solidarity Economy and Social Innovation), David Woods (New Zealand NAB, Impact Enterprise Fund)

Forum 1B Purpose of Business: From Shareholder to Stakeholder

UK’s Bubble Act of 1720 required businesses to define and report against their stated purpose to benefit from limited liability. This distinct need eroded over the last fifty years with the acceptance of Milton Friedman’s theory of profit as the sole purpose of business. More recently, strategic thinker Michael Porter and co-author Mark R. Kramer proposed ‘Creating Shared Value, emphasizing that the purpose of corporations is to create economic value in a way that also creates value for society by addressing its needs and challenges. Come August 2019, 180 CEOs of the Business Roundtable, including some of the US’ leading companies, have issued a statement redefining the purpose of a corporation from responsibility to shareholders alone to delivering value to all stakeholders – customers, employees, suppliers and communities and creating value for long-term shareholders.

The volume of capital held by the largest institutions is raising issues of universal ownership, increasingly connecting performance to their broader context. Globally, regulators are already moving towards redefining fiduciary duties to setting explicit do no harm targets and mandating broader sustainability disclosures.

Moderator: Cliff Prior (Big society capital)
Lead Discussants: Luis Gallo (Estrategias Corporativas), Sizwe Nxasana (Sifiso Learning Group), Cyrille Langendorff (Credit Coopertif), Carla Duprat (InterCement)

Forum 1C The Underserved: From Fringe to Focus

“Nothing about us without us.”
From political forums to the Pope – creating conditions for shared opportunity and prosperity is on everyone’s agenda. Inequalities are at their highest levels in 30 years, and are widening. Political volatility is causing dislocation, not just in conflict zones but in high income centers including the UK and Hong Kong. In many countries. large numbers of people do not have access to basic health services, education or access to clean water. There is an overwhelming rejection of the Trickle-Down theory and inclusive growth, inclusive business and inclusive capital have been recognized as the need of the hour with a call to re-examine the impact necessities.

Gandhi said that the measure of a society is how it treats its most vulnerable members. Professor Michael Porter and his colleagues put unmet and under-supplied needs at the heart of new markets. This Forum will deliberate on how can we make the invisible heart of the new markets the cornerstone of investment decisions.

Moderator: Royston Braganza (Grameen Capital)
Lead Discussants: Dominique Lesaffre (SIDI SCA), Rangimarie Price (Amokura), John McCarthy (Tindall Foundation), Farhad Reza (Build Bangladesh), Georgia Pessoa (Humanize)

Forum 1D Aid, Development Banks and Philanthropies
Moderator: Laurie Spengler (Enclude Capital)
Lead Discussants: Phil Stevens (DFID), Maria Angeles Leon (Open Value Foundation), Erica Barbosa Vargas (The J W McConnell Family Foundation)
Forum 1F Technology & Media: For Better or for Worse
Moderator: Eliane Trindade (Media)
Lead Discussants: Ghaida Zoabi (ACTO, College of Management), Chani Guyot (Red / Accion)
16:00- 17:00 Networking Tea & Coffee Break
17:00- 18:00 Plenary IV

16.45-17.00 Musical Opening: tbc
17.00-17.03 Video
17.03-17.05 Introduction to the Keynote & Honors
Krisztina Tora
17.05-17.10 UNDP-GSG Partnership Announcement
Ulrika Modeer (UNDP), Ronald Cohen
17.10-17:25 Keynote: Impact- The hope for SDGs
Ulrika Modeer (UNDP)
17.25-17.30 Introduction to Honors
Krisztina Tora
17.30-17.40 GSG Millennial Honors
Randall Kempner (ANDE, The Aspen Institute), Tarun Mehta (Ather Energy)
17.40-17.55 GSG Impact Honors
Raul Pomares, Marilou van Golstein
17.55-18.00 Thank You & Housekeeping Announcements
Krisztina Tora
18:30 – 19:00 Transfer to Dinner & Reception Venue
19:00- 21:00 Cocktail Reception at US Embassy
Time Session
7:45 – 8:45 Refreshments and Registration
8:45 – 10:45 Plenary V

08.45-09.00 Musical Opening: tbc
09.00-09.03 Video
09.03-09.05 Introduction to the Impact Economy Panel
Krisztina Tora
09.05-09.15 Presentation: Art with a Purpose
Eyal Gever
09.15-09.18 Video: Impact- The Musical
09.18-09.28 Keynote: Moral Money
Gillian Tett, FT
09.28-10.08 Panel : Impact Rising & Imminent Impact Economy
Marilou van Golstein,
Jed Emerson,  Clara Barby
Introduction to the Headline Keynote
Ronald Cohen
10.11-10.41 Fireside Chat: The Promise of Impact for Refugees
Hamdi
Ulukaya, Gillian Tett
10.41-10.45 Thank You
Krisztina Tora
10:45 – 11:30 Networking & Coffee Break
11:30 – 13:00 Forum Rotation #2

Forum 2A The New Finance Paradigm: Risk-Return-Impact
Moderator: Fran Seegull (US Impact Investing Alliance)
Lead Discussant: Maria Jose Montero (FIS Ameris), Emmanuel
Asiedu Alex (Ghana NAB), Steve Wang (Bosera Asset Management), Danniel Izzo (Vox
Capital), Juan Bernal (Caixa Bank Asset Management)
Forum 2C Impact & Entrepreneurial Models
Moderator: Cliff Prior (Big society capital)
Lead Discussants: Thomas Belazis (Rockefeller Foundation),
Randall Kempner (ANDE, The Aspen Institute), Tarun Mehta (Ather Energy)
Forum 2D Shifting the focus: Activities to Outcomes
Moderator: Tracy Palandjian (Social Finance US)
Lead DIscussants: Andrea Phillipe (Maycomb Capital), Brace Young
(Arabesque), Mara Airoldi (BSG,University of Oxford), Maria Laura Tinelli (Acrux
Partners)
Forum 2E Linear to Circular, Green & Blue Economy
Moderator: John Simpkins (The Aspen Institute)
Lead Discussants: Albert Tseng (Dao Foods International), Carlos Cavelier
(Alquería)
Forum 2F Big Corporate Impact Models
Moderator: Judith Aidoo (Caswell Capital Partners Limited)
Lead Discussants: Elizabeth Boggs-Davidson (UNDP), Ran Grodecki
(Bridges Israel), Rodrigo Villar (Co-Founder & General Director), Shannon Music
(VIVA Idea), Chul Woo Moon (South Korea NAB,SUNGKYUNWAN University)
13:00 – 14:30 Lunch
14:30 – 16:00 Forum Rotation #3

Forum 3A Impact Measurement & Integrity
Moderator: Rob Zochowski (Harvard Business School)
Lead Discussants: Neil Gregory (IFC International Finance
Corpn.), Roberto Artavia (Viva Trust), Mauricio Samper (SEAF Colombia
Agribusiness Fund), Michael Etzel (The Bridgespan Group)
Forum 3B Public Sector 2.0: Government as an Impact Catalyst
Moderator: Fran Seegull (US Impact Investing Alliance)
Lead Discussants: Sebastian Welisiejko (Govt. of Argentina), Giovanna Melandri
(Human Foundation), Rosemary Addis (Impact Strategist), Beto Scretas (Instituto
de Cidadania Empresarial)
Forum 3C Impact Wholesalers: Facilitators & Champions
Moderator: John Simpkins (The Aspen Institute)
Lead Discussants: Uli Grabenwarter (EIF), Andreas Eggenberg
(Masisa), Alejandro Preusche (Latin American Impact Fund of Funds), Raul Pomares
(Sonen Capital)
Forum 3D Pay for Outcomes Models
Moderator: Tracy Palandjian (Social Finance US)
Lead Discussants: Emily Gustaffson Wright (The Brookings
Institution), Masataka Uo (Japan NAB,Japan Fundraising Association), Yaron Neudorfer
(Social Finance Israel), Shanthakumar Bannirchelvam (Global Impact Partners), Antonio Miguel
(MAZE Impact)
Forum 3F Creating an Impact Movement
Moderator: Judith Aidoo (Caswell Capital Partners Limited)
Lead Discussants: Carolina Biquard (Fundacio Compromiso), Eyal Gever
(Artist), Sarah Gordon (Impact Investing Institute), Lindsay Smalling (SOCAP), Hamdiya Ismaila
(General Manager at Venture Capital Trust Fund)
16:00 – 16:45 Refreshment Break / Transition to Closing Plenary
16:45 – 18:30 Closure Plenary VI

16.45-17.00 Musical Opening: tbc
17.00-17.01 Introduction to TownHall
Susan de Witt (National Task Force for Impact Investing)
17.01-18.01 Curtain of Fire: How can Impact benefit all?
Sebastian Welisiejko (Govt. of Argentina), Luis Fernando Sanabria (Fundacion
Paraguaya)
18.01-18.02 Introduction to the Closing Address
Susan de Witt
18.02-18.22 Closing Address
Ronald Cohen
18.22-18.23 Introduction to the Closing Address
Susan de Witt
18.23-18.25 Announcement of 2020 Summit
Ronald Cohen
18.25-18.27 Thank You Address
Maria Laura Tinelli
18.27-18.29 Wrap-Up Video
18.29-18.30 NAB Chairs Photo Op & Close
Krisztina Tora
18:30 – 19:00 Transfer to Dinner & Reception Venue
19:00- 21:00 Cocktail Reception at UK or France Embassy
Time Session
9:00 – 17:00 SOCAP Entrepreneur Catalyst Day

Social entrepreneurs are at the core of impact, identifying new business models that harness the power of markets to drive high impact solutions. Catalyzing impact investing globally requires cross-sector collaboration to incubate, support, invest in, and scale social enterprises. Join this special programme following the GSG Summit to be inspired by and network with entrepreneurs, accelerators, investors and others working closest to the world’s toughest problems.

09:00 Welcome
09:15 Keynote Speaker: Rocio Fonseca, Chief Innovation Officer at CORFO, former Executive Director of Start-Up Chile
09:45 Developing the Entrepreneur Ecosystem for a Strong Pipeline Moderator – Randall Kempner, ANDE Shannon Music, VIVA IDEA Laura Ortiz Montemayor, SVX Mexico Ben Powell, Agora Stef van Dongen, Enviu
11:00 Entrepreneur Pitch Session
12:00 Solutions Roundtable Lunch (Interactive Small Group Discussions)
01:15 Challenges & Opportunities: Investing in Social Entrepreneurship Rodrigo Villar, New Ventures María José Montero, FIS Ameris Will Poole, Capria Lodewijk Verdeyen, Engie Factory Moderator – TBD
02:30 Entrepreneur Pitch Session
03:30 Coffee Break
03:45 This Isn’t Easy: Entrepreneurs Exercising Moral Courage (session presented in partnership with the McNulty Foundation)  Moderator: John Simpkins, Aspen Global Leadership Network  Mehrdad Baghai, High Resolves  Gisela Sanchez, Nutrivida
05:00 Closing Comments
9:30 – 13:00 GSG-ACTO Global Impact Academic Council
(By invitation only)

Academic institutions are playing a critical role in advancing the impact revolution. But how can our work be more impactful? How can the various academic programs around the world collaborate effectively to catalyse this emerging field? Join this invite-only event aiming to provide a platform for networking, collaboration and joint thinking amongst academic institutions and experts. This is an invite-only event, for registration or information please write to pallavi.khanna@gsgii.org and actocenter@gmail.com
9:30 – 13:00 NAB Workshop
(By invitation only)
9:30 – 13:00 GSG & FMO Institutional Impact Investment Roundtable
(By invitation only)

Impact Investment has grown to $500 billion. However, Impact Investors still have multiple opportunities to collaborate and catalyse the market further. This, by invitation only roundtable, for institutional investors and DFIs, seeks to enhance awareness of impact investment opportunities for asset owners, enhance collaboration between Institutional Investors and DFIs, increase allocation to the field and build a community of peers. For an invitation and queries, please write to: fmo-im@fmo.nl and pallavi.khanna@gsgii.org.
14:00 – 17:00 GSG NAB Chair Meeting
(By invitation only)