Start time: 12.30 pm
End time: 2.00 pm
The World Bank is one of the most effective engines for facilitating private capital to support sustainable development. The Bank provides a platform through which investors can participate in the financing of projects and programs that help countries build a sustainable future. With about $20 billion in shareholder’s capital the World Bank has borrowed over $1 trillion from capital markets to support low-cost lending for sustainable development to member countries.
Continued innovation and a drive to scale up successful initiatives are essential to bridge the gap between limited resources and massive development needs. During this event, recent World Bank innovations such as a $50 million Emission Reduction Linked Bond, a $150 million Wildlife Conservation Bond and a $630 million transaction covering earthquake risk will be presented.
Naomi joined the World Bank in Washington DC in 2014 and currently works in the Capital Markets and Investments Department of the World Bank Treasury. She leads the design and issuance of innovative structured bond transactions that mobilize private capital to directly support sustainable development projects and help clients globally mitigate risks. She also leads catastrophe bond transactions that provide governments with insurance cover for natural disasters such as a recent catastrophe bond transaction for the Government of Chile.
Prior to joining the World Bank, Naomi spent ten years working in actuarial roles in Ireland with KPMG and Irish Life. She studied Financial and Actuarial Mathematics in Dublin City University and became a Fellow of the Society of Actuaries in Ireland in 2007. She has three young children that love visiting their cousins in Ireland!