REDUCING RISK FROM
A CHANGING OCEAN

Tuesday 08 - Thursday 10 May 2018 // Bermuda

FOUNDING PARTNERS

ABOUT THE OCEAN RISK SUMMIT

Leaders from across the political, economic, environmental and risk sectors will gather in Bermuda for the first Ocean Risk Summit. The event will present high-level speakers providing expert data, analysis and innovative tools to help participants identify potential exposures to ocean risk and prepare to tackle its broad-ranging consequences. Together, attendees at the summit will help generate new and dynamic solutions.

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KEY TOPICS

The summit will examine the challenges and risks posed by ocean change and identify the opportunities it presents for innovative approaches to building resilience and mitigating its effects through applied solutions.

OUR CHANGING OCEAN

The ocean is changing faster than at any time in the past 65 million years. This has implications which threaten economies, cultures, societies and our environment. The need to understand the impacts of ocean change has provided the impetus for the Ocean Risk Summit.

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MANAGING & REDUCING OCEAN RISK

Leaders in politics, policy-making, finance, environmental management, technology, risk management, law and regulation need more information about the challenges that ocean change presents. This will help us define and quantify ocean risk so that we can develop effective mitigation and adaptation strategies, and shape a more sustainable future for the ocean.

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BUILDING RESILIENCE

The ocean’s value to life on earth and its potential to drive sustainable economic growth are being jeopardized because of the risks borne out of ocean change. Governments, policy makers and other stakeholders can act to build resilience in the ocean and in societies as they face the impacts of change. New approaches will help nurture sustainable development.

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APPLIED SOLUTIONS

Effectively addressing ocean risk requires a multi-sectoral approach. Technological advances in collecting ocean data now make the assessment and management of ocean risk feasible, providing the opportunity to develop innovative and scalable solutions. New financial instruments will also drive the mitigation of ocean risk.

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SPEAKERS

A wide range of experts will present data and analysis about ocean risk and encourage participants to develop new ways of addressing its consequences.

Mike McGavick

Chief Executive Officer


XL CATLIN

José Maria Figueres

Former President of Costa Rica, Founder Ocean Unite


OCEAN UNITE

Hon. Carol Browner

Senior Counselor


ALBRIGHT-STONEBRIDGE GROUP

Peter Thomson

Special envoy for the Ocean


UNITED NATIONS

Craig McLean

Acting Chief Scientist


NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION

Prof. Kerry Emanuel

Cecil & Ida Green Professor of Atmospheric Science


MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Kathy Baughman McLeod

Managing Director, Climate Risk & Investment


The Nature Conservancy

Prof. Ove Hoegh-Guldberg

Director, Global Change Institute


UNIVERSITY OF QUEENSLAND

Prof. Dan Laffoley

Principal Advisor


INTERNATIONAL UNION FOR CONSERVATION OF NATURE

Karen Sack

Managing Director


OCEAN UNITE

Prof. Bill Curry

President and Chief Executive Officer


BERMUDA INSTITUTE OF OCEAN SCIENCES

Lewis Pugh

Patron of the Oceans


UNITED NATIONS

Chip Cunliffe

Director, Sustainable Development


XL CATLIN

Brendan Plessis

Executive Vice President, Emerging Markets


XL CATLIN

Tony Long

CEO


GLOBAL FISHING WATCH

Kristian Teleki

Senior Marine Advisor


PRINCE OF WALES' INT'L. SUSTAINABILITY UNIT

Maryam Golnaraghi

Director Extreme Events and Climate Risks Programme


THE GENEVA ASSOCIATION

John Podesta

Distinguished Visiting Professor


GEORGETOWN UNIVERSITY LAW CENTER

Sally Yozell

Director Environmental Security Program


THE STIMSON CENTER

Maria Damanaki

Global Managing Director for the Ocean


THE NATURE CONSERVANCY

AGENDA

Tuesday 08 May

Wednesday 09 May

Thursday 10 May

TUESDAY AGENDA

Registration

14:30-17:30

Welcome Cocktails

19:00-21:30

WEDNESDAY AGENDA

SESSION 1

9:00-9:20

Welcome & Opening Remarks

Mike McGavick, CEO, XL Catlin

About Mike McGavick

Peter Thomson, Special envoy for the Ocean, United Nations

About Peter Thomson

SESSION 2

9:30-9:45

Setting the scene: What is Ocean Risk?

Prof. Dan Loffoley, Marine Vice Chair, ICUN's World Commission on Protected Areas

The consequences of ocean change need to be traced through the hazards they produce. The potential impact of specific risks depends on the extent of exposure and vulnerability to hazard.

About Prof. Dan Loffoley

9:45-10:15

Changing Ocean, Changing Planet

Craig McLean, Acting Chief Scientist, NOAA

Prof. Ove Hoegh-Guldberg, Director, Global Change Institute, University of Queensland

The ocean is changing faster than at any time in the past 65 million years. We will find out the scientific basis behind the changes taking place and what to expect in the future.

About Prof. Ove Hoegh-Guldberg

10:15-10:30

Ocean Change - a Bermuda perspective

Prof. Bill Curry, Director, Bermuda Institute of Ocean Science

Bermuda's history and geography is tied to the Ocean, yet with ocean change comes a need to be prepared for the future.

About Prof. Bill Curry

10:30-11:15

Networking Break

SESSION 3

11:15-11:45

Ocean Risk - an insurance perspective

Tropical cyclones and other ocean driven perils can spell economic and enviornmental disasters to local communities. A one percent increase in insurance penetration can reduce the disaster recovery burden on taxpayers by 22 percent. We find out what role insurance can play in helping to manage and reduce Ocean Risk.

11:45-12:40

Ocean Volatility: markets and trends

Charles Goddard, Editorial Director, Asia Pacific, The Economist

12:30-14:00

Networking Lunch

SESSION 4

14:00-14:15

Scene setter

The changes taking place in the Ocean pose a threat to society and ecosystems across the globe. These changes will have implications beyond local, national and international borders and encompass.

14:15-15:05

Deep Dive: National Security and Migration

John Podesta, Distinguished Visiting Professor, Georgetown University Law Center

About John Podesta

SESSION 5

15:05-15:50

Deep Dive: Human Health and Food

The ecosystem services provided by the Ocean are crucial for human survival and wellbeing, but these are under increasing threats from health risks associated with Ocean degradation and climate change, which are contributing the growing burden of pathogens, noxious algae, and chemical contaminants.

15:50-16:30

Networking Break

SESSION 6

16:30-17:30

Deep Dive: Weather & Climate

Hon. Carol Browner, Senior Counselor, Albright Stonebridge Group

Prof. Kerry Emanuel, Professor of Atmospheric Science, MIT

Dr. Maryam Golnaraghi, Director Extreme Events and Climate Risks Programme, The Geneva Association

The Ocean regulates our climate and drives the world’s weather systems, but as the ocean changes, the nature, frequency and intensity of extreme weather events will require continuous reassessment.

About Hon. Carol Browner About Prof. Kerry Emanuel About Dr. Maryam Golnaraghi

19:00-21:30

Dinner & Bermuda cultural evening

THURSDAY AGENDA

7:30-8:50

Networking Breakfast

SESSION 1

8:45-9:05

The Ocean in a time of change

SESSION 2

9:05-9:45

Education, Innovation & Exploration

Chip Cunliffe, Director, Sustainable Development, XL Catlin

To reduce ocean risk and improve ocean health we need a more enlightened and Ocean literate world. Motivating young scientists to help understand the nature and scale of Ocean issues is the first step in developing innovative solutions and is key to driving future sustainable development in and around the Ocean.

About Chip Cunliffe

9:45-10:00

Building resilience: A case study

10:00-10:30

Networking Break

SESSION 3

10:30-12:30

Breakout sessions: Addressing ocean risk & building resilience

10:30-11:30

Breakout I - Valuing natural capital and ecosystem services

Breakout II - shipping and energy

Breakout III - Cities and coastal infrastructure

Kathy Baughman McLeod, Managing Director, Climate Risk & Investment, The Nature Conservancy

About Kathy Baughman McLeod

11:30-12:30

Breakout IV - Regenerating ocean life

Karen Sack, Director, Ocean Unite

About Karen Sack

Maria Damanaki, Global Managing Director for the Ocean, The Nature Conservancy

About Maria Damanaki

Breakout V - Illegal fishing

Sally Yozell, Director Environmental Security Program, The Stimson Center

About Sally Yozell

Tony Long, CEO, Global Fishing Watch

About Tony Long

Breakout VI - Marine litter

Kristian Teleki

About Kristian Teleki

12:30-14:00

Lunch

SESSION 4

14:00-14:20

Ocean Data - challenges and needs

14:20-15:20

Financing ocean risk solutions. Case studies

Funding solutions that mitigate ocean risk at scale requires innovative finance mechanisms and pathways. Here we focus on case studies from around the world.

SESSION 5

15:20-16:20

Ocean risk finance: new horizons

Brendan Plessis, Executive Vice President, Emerging Markets, XL Catlin

Out of adversity comes opportunity, and the Ocean is no exception. While the current trajectory of Ocean health is in decline, sustainable solutions and the path to recovery represents a significant opportunity for people and economies.

About Brendan Plessis

16:20-17:00

Networking Break

SESSION 6

17:00-17:30

Next steps

José Maria Figueres, Former President of Costa Rica, Founder, Ocean Unite

About José Maria Figueres

17:40-18:00

Closing remarks

19:00-

Gala dinner

Lewis Pugh, UN Patron of the Oceans

About Lewis Pugh
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BERMUDA

Bermuda is in a unique position to highlight ocean risk and take a leading role on behalf of other small nations as both a centre for marine science and a hub for the re/insurance sector. The island is on the frontline of ocean change, exposed to declining fish stocks, an expected increase in tropical cyclone intensity and rising sea levels.

RATES & REGISTRATION

Please enter your details below to register your interest in attending the Ocean Risk Summit 2018 in Bermuda

INDIVIDUAL

$1985


NGO / CHARITY / ACADEMIA

$1285

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