Swiss Re AG · SIX:SREN

Swiss Re — Investor Presentation (August 2023)

6 slides from Swiss Re's investor presentation, Aug 31, 2023

  1. Slide 1: Repositioning Multilateral Development Banks to Support Asia's Energy Transition

    Repositioning Multilateral Development Banks to Support Asia’s Energy Transition SwissRe Institute Asia Society Switzerland 31 August 2023 Chris Humphrey christopher.humphrey@nadel.ethz.ch | |

  2. Slide 2: Do MDBs Matter for the Energy Transition?

    Do MDBs Matter for the Energy Transition? 2022 Of which, in % Energy Commitments Asia Sector (US bln) (US bln) World Bank Group IBRD/IDA 70.7 16.1 9% IFC/MIGA 17.4 5.3 12% Asian DB 20.2 20.2 7% Asian Infra 6.2 6.2 18% Investment Bank New DB 5 2.5 10% Eurasian DB 1.6 0.4 18% YES because it’s not just

  3. Slide 3: The Power of MDB Financial Model

    The Power of MDB Financial Model Total Paid- Cumulative In Share Financing Capital (to 2022) World Bank IBRD (1944) US$20 bln US$820 bln ADB (1966) US$7.6 bln US$305 bln Switzerland: Total capital across major MDBs = @$1.2 billion Annual Swiss ODA 2022 = $4.3 billion | |

  4. Slide 4: MDBs Mobilize Private and Public Finance

    MDBs Mobilize Private and Public Finance ▪ Mobilizing through direct operations ▪ Guarantees ▪ Co-financing ▪ Balance sheet mobilization ▪ Asset: securitization and credit insurance (esp. non-sovereign) ▪ Liability/equity: hybrid capital ▪ Catalyzing the private sector ▪ Regulatory/policy framework

  5. Slide 5: What Needs to Change? Part 1: Operational Policies and Style

    What Needs to Change? Part 1: Operational Policies and Style Time to First Disbursement ▪ Bureaucracy and risk aversion WB (IBRD/IDA) 25.4 ▪ Coordination and country platforms ADB 30.5 0 5 10 15 20 25 30 35 ▪ Operational priorities Months | | 5

  6. Slide 6: What Needs to Change? Part 2: Financial Capacity and Policy

    What Needs to Change? Part 2: Financial Capacity and Policy G20 Independent Review Equity to Loans: Too Conservative (July 2022) 70% 60% 50% AfDB 40% ADB 30% EBRD 20% IBRD IDB 10% 0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 MDBs Need Fresh Capital! | | 6

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