The 8th edition of the Local Currency Lab will be held in Paris, France. The purpose of the LCY Lab is to bring together staff from various development finance institutions and impact investors that deal with local currency issues at an operational and/or strategic level and, ultimately, to promote, facilitate and optimize the use of (innovative) local currency products.

We will kick off on Wednesday evening 9 October 2019 with a social event. The main event will follow on 10 October and will be hosted by Proparco in its Paris headquarters. Please find the draft program below.

Wednesday 9 October 2019

18:00Seine river cruise, standing buffet & networking

Thursday 10 October 2019

TimeTopicPresented / moderated by
8:30Welcome by our host & introduction of the dayProparco (Djalal Khimdjee) & TCX (Per van Swaay)
8:50Market state of affairs and outlook: what happened so far this year and what to expect going forward?TCX (Bert van Lier)
9:20Review of local currency innovations in 2019TCX (Jérôme Pirouz)
10:00Coffee break & networking
10:45‘Treasury: trends and challenges in delivering local currency’, introduction to this lunch theme & panel discussionTCX (Per van Swaay, mod.), AFD (Thibaut Makarovski & Ismael Haddou), FMO (Pim Arends), IFC (Gulnara Yunusova)
12:00Thematic lunch & networking
13:30Blended finance and local currency: latest initiatives and examplesConvergence (Chris Clubb, mod.), EIB (Markus Schulte), EC DEVCO/NEAR (Kostas Moutsioulis), Proparco (Cécile Hanna), TCX (Harald Hirschhofer)
14:45‘The impact of LCY investing on MIV fund performance’Florentine Arend & TCX (Jonas Luini)
15:15Local currency bonds: onshore vs. offshoreTCX (Othman Boukrami, mod.), FMO (Pim Arends), IFC (Maria Giduskova), TCX (Bert van Lier)