Events

Making finance flows consistent with countries’ needs for their low-emission, climate-resilient development requires deep collaboration between governments, financial institutions, private companies, civil society organizations, and local communities. This event will take stock of existing and innovative tools that can be deployed to attract additional finance and enhance the impact of existing finance, in order to transform national ambitions into actionable investment plans. 

In collaboration with E3G and the IDFC Climate Facility, this event presents country platforms as a way to both improve the fitness-for-purpose of international climate finance relative to national priorities and to unlock more resources. The ongoing reform of the international financial architecture is placing PDBs in the spotlight as key players in mobilising and channeling resources towards low-emission and climate-resilient development, in line with country priorities. Yet, collaboration at the national and international level will be crucial in order to leverage their added value. 

The transition to climate neutrality has become a central objective for EU policy-making. Targets and policies to achieve it have been advanced and accelerated over the past 4 years. Despite the crises faced since 2020, the EU is making the shift from incremental changes and refinements to the transformative policies needed for a net-zero emissions future – seeking to become more resilient and competitive through a successful transition. The move to clean energy and new technologies is being spurred on in other parts of the world, with ac like the USA and China actively financing the transition. Partners around the world are watching EU policy developments closely – which increasingly have international implications (#CBAM). With the implementation of the Paris Agreement moving forward, new contributions are expected in financial and policy terms. The next legislative cycle needs to take crucial decisions on how to move EU policy forward in this context.

Update on EU progress to climate neutrality: towards a more competitive and secure Europe. This year’s EU-wide progress report, the second of its kind by the European Climate Neutrality Observatory (ECNO), comes at a political juncture, being published shortly after the 2024 EU elections. While the composition of the EU’s legislative body will undoubtedly change, we expect that most representatives in the European Parliament will still agree on the necessity of the transition as envisioned in the Green Deal - not just for the sake of emission reductions, but also to guarantee Europe’s international competitiveness and its political autonomy. 

As part of the EU-funded European Union Climate Dialogues (EUCDs) project, the Institute for Climate Economics (I4CE) organises a global webinar on how carbon revenues can maximise benefits of carbon pricing and accelerate the climate transition. This activity is the final step of a broader process with the aim of supporting a switch to a comprehensive perspective, where carbon revenues are part of the implementation of low-carbon and climate resilient pathways. The webinar will be the opportunity to discover the findings of a study carried out by I4CE on this topic and to engage in a constructive discussion with diverse stakeholders on the lessons learned and way forward. 

The European Green Deal has been a top priority for the European Union. Since 2019, EU institutions set ambitious targets, adopted bold carbon pricing reforms, and passed hotly debated legislation. The Green Deal’s success will be measured by its capacity to trigger structural changes in the EU economy, to deliver prosperity, resilience and social fairness while reducing greenhouse gas emissions. In practice, this means millions of companies, local authorities and families investing to renovate buildings, acquire heat pumps, buy electric cars, and modernise transport and power networks.

This event will be the opportunity to share the findings of an upcoming publication by [i4ce] and NewClimate Institute on the role development banks should play in the early retirement of fossil fuel assets. The discussion will then allow development bank representatives to share their perspectives on how to best mobilise finance to enable an ambitious early retirement of fossil fuel assets. 

This event will present different approaches to overcome the financial hurdles attached to the implementation of national decarbonisation strategies, from a country perspective, and from the perspective of climate funds. 

Following introductory remarks on the investments & financing needs of developing countries, a panel discussion with representatives from developing countries and MDBs (Multilateral development banks) will cover the challenges in determining financing needs of countries, and the role different actors can play for increased ambition. 

Un marché aux idées avec la facilité Adapt'Action de l'AFD. L'adaptation est souvent présentée comme un flux Nord-Sud de capacités (financement, ressources humaines, connaissances) dans le cadre de l'aide au développement. Et en effet, des efforts sont encore nécessaires pour respecter les engagements financiers pris dans le cadre des COP et combler le déficit l’adaptation. Cependant, les pays du Sud, en première ligne face aux impacts du changement climatique, avancent déjà vers une meilleure préparation et sont souvent en avance dans leur appropriation du sujet.  

Le rapport sur l'écart entre les besoins et les perspectives en matière d'adaptation aux changements climatiques est le baromètre annuel de référence sur les ressources nécessaires et effectivement mobilisées pour l’adaptation dans le monde. Cette question, longtemps uniquement posée dans les pays en développement s’affirme aussi comme un enjeu critique dans les pays de l’OCDE. 

The race to climate neutrality is in full swing. The leading economic blocs across the globe implement wide ranging industrial policies to support and scale cleantech industries having understood their importance to create quality jobs, ensure prosperity and guarantee a higher degree of technological sovereignty.

The Finance in Common Summit in September will be an opportunity to focus more specifically on the role of national public financial institutions in the new global financial architecture, which is currently being thoroughly discussed. National public financial institutions represent the largest amount of public development finance and account for 12% of global (public and private) investments. They will have an important role to play in locally financing the transition and contributing to shape demand, as infrastructure investors, private finance mobilisers and investment innovators. Additionally, they can influence local market practice and disseminate alignment practices. 

This workshop is an activity of the European Union Climate Dialogues (EUCDs) project, aiming to provide a space to discuss country practices regarding the use of revenues from carbon pricing mechanisms, with a focus on the role of transparency and communication in ensuring buy-in for the carbon pricing policy. Inputs of this workshop will contribute to an EU-funded study being carried out by the Institute for Climate Economics (I4CE), which aims to enlarge and enhance the understanding of existing approaches on the use of revenues from carbon pricing mechanisms and support a switch to a comprehensive perspective on the implementation of decarbonization pathways that integrates carbon revenues.

This workshop is an activity of the European Union Climate Dialogues (EUCDs) project, aiming to provide a space to discuss country practices regarding the use of revenues from carbon pricing mechanisms, with a focus on the role of transparency and communication in ensuring buy-in for the carbon pricing policy. Inputs of this workshop will contribute to an EU-funded study being carried out by the Institute for Climate Economics (I4CE), which aims to enlarge and enhance the understanding of existing approaches on the use of revenues from carbon pricing mechanisms and support a switch to a comprehensive perspective on the implementation of decarbonization pathways that integrates carbon revenues.

A webinar organized by IDDRI, l'OFCE et l'Institut Jacques Delors and Institute for Climate Economics [i4ce] on Thursday, December 14 from 12 to 1:15 pm.  In the midst of an energy crisis, France is preparing for a winter of tension. As the French National Assembly prepares to vote on the 2023 budget bill and Europe tries to find a collective solution to this crisis, many questions remain open as to the ability to manage the economic and social emergency and the acceleration of the energy and climate transition.

The Green Finance Research Advances is an International Research Conference for academics and professionals, co-organized by Banque de France and the Institut Louis Bachelier, with the participation of Finance for Tomorrow and the Institute for Climate Economics-I4CE.

The Paris Agreement enacted two complementary dynamics for an ambitious action on climate, consistent with the aim of keeping global warming well below 2DC and towards 1.5DC by the end of the century. On the one hand, according to a bottom-up approach, the mitigation and adaptation commitments as well as the policies deployed in this respect fall to the national governments, who bear the responsibility to submit their national contributions to the global effort and to define the actions they intend to engage to achieve their objectives. On the other hand, non-state actors, notably companies, have been officially recognized for the first time within the framework of international negotiations, have significantly contributed to the construction of a favorable dynamic and have voluntarily taken more and more decarbonisation commitments.

The transition to a low-carbon and resilient economy requires such significant structural shifts that there is a general consensus on the need to develop transition plans at all governance levels.   Indeed, since 2021, the concept of transition plans has finally become the essential concept for both state- and non-state actors to address the challenges of decarbonization : governments, corporates, financial institutions have embarked on the development of plans to organize and facilitate the transition “on the ground”.  

Governments have a key role to play in transforming the Paris Agreement and SDG targets into credible, legally binding domestic targets, strategies, and policies. Specifically, governments need to put in place policies and regulatory frameworks which are conducive to climate investments, i.e. investments that are needed for countries to structurally transform their economies in order to achieve the net zero global objective. National transformations then need to be championed by private actors and non-governmental institutions.