I4CE at COP24 in Katowice, Poland: list of events and publications

The I4CE team will be present throughout the two weeks of negotiations, in order to present its latest achievements in about ten side-events, whether on carbon pricing, climate investment tracking, climate action by financial actors or carbon certification of innovative practices in the land sector. Please see below the full list of events organized by I4CE – or where I4CE will be participating.

 

 

The use of carbon revenues

I4CE will participate in three side-events to share its work on the use of revenues from carbon taxes and markets around the world. The question of the use of these revenues is key to the acceptability of carbon pricing policies, and I4CE has analyzed what countries around the world have done with them. Allocation to the fight against climate change, reduction of other taxes, allocation to the general budget… The options selected by the countries studied are numerous. And while there is no magic formula for making good use of these revenues, there is one essential ingredient: the broad discussion on their use. Find here the first I4CE publication on this topic, pending the Carbon Revenues report – to be published in early 2019 – and produced in collaboration with the World Bank and AFD.

 

 

The potential of carbon pricing in the transition to a low-carbon economy

Wednesday 5 December –  10:00 to 13:00

European Pavilion, Room Brussels

Partners: Climate Focus; ICAP; Ecofys; IETA; CDP; European Commission; Carbon Market Watch; Öko-Institut

 

Carbon pricing policies significantly reduce mitigation costs, and unlock economic opportunities of transition. Four thematic roundtables will discuss the state and trends of carbon pricing worldwide, including the potential of these instruments to support domestic resource mobilization in developing countries.

 

Within the event, I4CE will participate in the second panel (approx. 10:45 to 11:45) on fostering effective engagement on carbon pricing for government agencies and civil society, through adequate communication strategies and revenue spending decisions.

 

 

Carbon pricing to accelerate the low-carbon transition: concrete proposals

Monday 10 December –  11:15 to 12:15

French Pavilion

Partners: MTES ; Orsted, World Bank

Carbon pricing policies significantly reduce mitigation costs, and unlock economic opportunities of transition. In this event organized by the French Ministry for the Ecological and Inclusive Transition, I4CE will discuss how carbon pricing policies contribute to accompany and accelerate the low-carbon transition.

 

 

Getting the message right: how to effectively communicate carbon pricing

Monday 10 December –  15:00 to 16:30

UNFCCC Pavilion – Room Warmia

Partners: Climate Focus ; Citizen’s Climate Lobby ; World Bank ; AFD

Building support and managing risk is critical to the success of carbon pricing policies. This side-event will present key principles and approaches for effective engagement on carbon pricing. It will focus on communication strategies and revenue use.

 

PRESENTATION

 

WEBCAST

 

 

Monitoring climate investments

If transparency on the use of carbon pricing revenues is key, so is transparency on all investments made in each country for climate, their financing and on the current and future investment gaps to move towards carbon neutrality. For several years now, I4CE has been publishing a landscape of climate investments in France, the 2018 edition of which has just been released. In order to develop the monitoring of investments in other European countries, I4CE is currently working with Polish and German actors. The side-event on this theme on December 10th will be an opportunity to strengthen the European network under construction, so that – in the long term – the EU and all its Member States will be able to monitor concretely the investment dynamics for climate.

 

 

From domestic climate finance tracking to climate capital investment plans: what’s next in France, Europe and worldwide?

Monday 10 December – 9:30 to 11:00

French Pavilion

Partners: WiseEuropa, IKEM

 

An example will be drawn from I4CE’s five years of experience in France. It further links and promotes similar activities in Germany, Morocco, Poland, Latvia and the Czech Republic. Best practices in assessment of current investment levels and supporting an increase in sustainable financial flows will be explored as a basic building block of forward-looking analysis and production of investment plans as a part of national climate strategies. Work presented at this event has received funding from the European Climate Initiative (EUKI) of the German Federal Ministry of the Environment, Nature Conservation and Nuclear Safety (BMU), the French Environment and Energy Management Agency (ADEME), the French Energy Transition Ministry, and Climate KIC.

 

 

Carbon certification of innovative practices in agriculture and forestry

On December 6, during a side-event dedicated to enhancing the role of land-use in climate change mitigation and co-organized with the EIT Climate-KIC, I4CE will present the “low-carbon standard”. This standard, which is the result of the work of I4CE and many partners, was officially adopted just a few days ago by the French environment Ministry. It will make it possible to certify and value economically emission reductions from innovative local projects in the agricultural and forestry sectors. The side-event at COP24 will also provide an opportunity to network with other European actors working on the implementation of efficient and transparent carbon accounting methods.

 

 

Enhancing Land-Use Role in Climate Change mitigation

Thursday, December 06 – 2:30pm – 4pm

European Pavillion

Partner : EIT Climate-KIC

The session will highlight the key role that land use can and need to play in addressing climate change as well as a number of prerequisites for this role to be enhanced.

 

It will particularly focus on the needs for better and transparent accounting mechanisms leading to the certification of solutions and for innovative carbon finance mechanisms adapted to the new context of the Paris agreement. The willingness of several actors to engage with these solutions will also be highlighted.

 

 

The financial sector and climate change

Finally, I4CE will organize and participate in a number of side-events on the financial sector and climate change. For several years now, I4CE has been supporting financial players – whether private investors, development banks or financial regulators – to help them take climate change into account, and to find concrete solutions to measure their climate risks or align their investment portfolios with the Paris Agreement. At COP24, I4CE will present its analyses on investor climate reporting in France and the assessment of the action of financial actors carried out within the framework of the Climate Chance Observatory. As the Secretariat of the Climate Action in Financial Institutions Initiative, I4CE will also be involved in the more than 30 events organized by the 42 public and private financial institutions of this initiative, to take stock of how climate is being taken into account in their operations.

 

 

Disaster and Climate Change Risk Assessment and Resilience Opportunities in Projects

Saturday 8th – 4:30 pm to 6:00 pm

MDB Pavilion

Organized by: Interamerican Development Bank Group

The Paris Agreement calls for increasing countries’ ability to manage climate impacts and build climate resilience, in addition to making finance flows consistent with a pathway toward low greenhouse gas emissions and climate-resilient development.  Besides establishing the 30% climate finance target by 2020, the IDBG Board of Governors also endorsed Management’s objective to improve the evaluation of climate risk and to identify opportunities for resilience and adaptation measures at the project concept stage. To support the implementation of its climate change mandate, the IDBG has taken a number of key steps, including designing and piloting a methodology to improve the evaluation of climate risks and to identify opportunities for resilience and adaptation measures. Other MDBs, such as the Asian Development Bank (ADB), have been implementing a climate risk management framework for investment projects. This session will present the approaches taken by the IDB and ADB, and showcase practical examples of how they are applied to project conceptualization and design.

 

 

Financial Regulation as a Lever for Driving the Shift of Financial Flows

Tuesday 11 December 2018 – 17:20 to 18:15

WWF Pavilion

Organizer: WWF

Regulatory and supervisory initiatives to support the alignment of financial flows with a well-below 2°C pathway:

 

EU Action Plan, TCFD etc – what to expect?

 

Central banks and supervisors (NGFS) becoming active

 

Finance Fit for Paris (3fP) Tracker, the two degree consistency of financial market regulation within EU member states

 

Shifting financial flows requires tracking both ‘green’ financial flows and real economy investment

 

Can we regulate for better transparency: Assessment of the disclosure of Insurers in France on Ar. 173 reporting

 

Climate finance reporting standard (ISO14097)

 

 

New horizons for climate finance:  disclose risks and create opportunities

Wednesday 12 December 2018 – 10:30—12:00

EU Pavilion

Lead organiser: EBRD

Other organisers: AFD/IDFC, IDB, Climate Action in Financial Institutions Initiative

 

The event will look into the experience with the definition of climate finance and the reporting of such flows. Based on this growing body of experience, the theme now moves to risk disclosure, and using this information to create investment opportunities.

 

 

Reaching scale with finance: Fiscal policy and blended finance that mobilizes public and private capital for climate action

Wednesday 12 December 2018 – 12:30-14:00

EU Pavilion

Partners: Climate Action in Financial Institutions, Climate Policy Initiative, Green Fiscal Policy Network

This side event will highlight  real-world examples mobilizing public and private capital for climate action – including those from the Global Innovation Lab for Climate Finance and the Green Fiscal Policy Network.  Participants of the Climate Action in Financial Institutions Initiative will share their experience on how to scale these types of approaches to ensure a larger economic transition toward sustainability