The coalition of the willing: a joint effort to fight climate change
Closed-door conference and public panel on International Climate Finance
Speakers
Malin Ahlberg
Deputy Head of the Division “International Climate Finance, Carbon Markets and Transformation Finance”, Federal Ministry for the Environment, Germany (BMUKN)
Olga Gassan-zade
Member, Article 6.4 Supervisory Body of the Paris Agreement
Matthias Kalkuhl
Head of Research Department, Climate Economics and Policy (MCC Berlin), Potsdam Institute for Climate Impact Research (PIK)
Professor, University of Potsdam
Kumi Kitamori
Deputy Director, Environment Directorate, OECD
Mahmoud Mohieldin
Special Envoy on Financing the 2030 Sustainable Development Agenda, United Nations
Sébastien Paquot
Head of Unit, Task Force international carbon pricing and markets diplomacy, European Commission, DG CLIMA
Chandra Shekhar Sinha
Global Lead for Carbon Markets and Finance, World Bank
Gerassimos Thomas
Director-General for Taxation and Customs Union, European Commission
Rhian-Mari Thomas
Chief Executive Officer, Green Finance Institute
Georg Zachmann
Bruegel Senior Fellow
Jeromin Zettelmeyer
Bruegel Director
Agenda
Check-in and breakfast
8:30-9:00Agenda
Closed-door session: The role of international climate finance
9:00-10:30- Mahmoud Mohieldin, Special Envoy on Financing the 2030 Sustainable Development Agenda, United Nations
- Kumi Kitamori, Deputy Director, Environment Directorate, OECD
- Matthias Kalkuhl, Head of Research Department, Climate Economics and Policy (MCC Berlin), Potsdam Institute for Climate Impact Research (PIK); Professor, University of Potsdam
This session is only open to a small number of selected invitees. Registration on this page does not grant access.
Channeling finance from high-income countries into investments that avoid or mitigate emissions in EMDE’s, ie, ‘climate finance’, is essential to contain global warming. It is crucial to enable EMDE’s to spread the capital cost of clean technologies over many years. In this session, we explore how to move from fragmented climate finance “flows” to coordinated, at-scale jurisdiction-level transition pipelines (pairing fossil phase-out with renewable phase-in): aligning high-income countries, EMDE governments, development banks and private investors around financing and governance models that deliver verified emissions reductions, energy security and investable returns.
Agenda
Coffee break
10:30-11:00Agenda
Closed-door session: The role of international carbon trading
11:00-12:30- Georg Zachmann, Bruegel Senior Fellow
- Malin Ahlberg, Deputy Head of the Division “International Climate Finance, Carbon Markets and Transformation Finance” , Federal Ministry for the Environment, Germany (BMUKN)
- Chandra Shekhar Sinha, Global Lead for Carbon Markets and Finance, World Bank
- Sébastien Paquot, Head of Unit, Task Force international carbon pricing and markets diplomacy, European Commission, DG CLIMA
- Olga Gassan-zade, Member, Article 6.4 Supervisory Body of the Paris Agreement
This session is only open to a small number of selected invitees. Registration on this page does not grant access.
The EU and other developed countries plan to use flexibility under Article 6 of the Paris Agreement to meet their climate targets. As compliance systems in developed countries (such as the EU ETS) generate substantial revenues, well-designed international points of flexibility might finance sizeable mitigation in partner countries. In this session, we discuss how to build a robust architecture and mobilise a broad coalition of buyer countries allowing for necessary international flexibility.
Agenda
Check-in and lunch
12:30-13:30Agenda
Public panel: How to catalyse global climate ambition?
13:30-14:30- Chair: Jeromin Zettelmeyer, Bruegel Director
- Mahmoud Mohieldin, Special Envoy on Financing the 2030 Sustainable Development Agenda, United Nations
- Gerassimos Thomas, Director-General for Taxation and Customs Union, European Commission
- Rhian-Mari Thomas, Chief Executive Officer, Green Finance Institute
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Keeping the global rise in temperature below 2 degrees Celsius compared to pre-industrial levels requires stepped-up cooperation of the advanced, and emerging and developing countries (EMDEs). In this event, we focus on two approaches, both based on "coalitions of the willing”: first, conditional financial support to EMDE countries by a group of advanced economies; second, the use of international flexibilities as proposed under Article 6 of the Paris Agreement. In both cases, EMDE countries would be in the driver’s seat, while advanced countries would provide incentives and finance.