Events

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.  

      This online event discussed the role of civil society organizations – CSOs in implementing green budgeting tools in the European context.     Green budgeting helps to assess the consistency of public spending with country’s environmental and climate targets, it improves the transparency of government action for parliamentarians, civil society and citizens. […]

This event, jointly organized by the Institute for Climate Economics (I4CE), ODI, and the International Institute for Sustainable Development (IISD), and supported by the European Climate Foundation (ECF), will examine the complex

Background and purpose of the event: Aligning financial flows with the Paris Agreement is becoming the new standard for the financial community, building on continuous commitments from Public Development Banks (PDBs) such as the International Development Finance Club (IDFC) and the group of Multilateral Development Banks (MDBs) in 2017, but also from private banks.

Alors que les objectifs européens et nationaux impliquent une baisse drastique des émissions du parc de véhicules neufs d’ici 2030, il est difficile de savoir si les politiques publiques actuellement en vigueur sont à la hauteur de cette ambition ; notamment, le calibrage du bonus-malus notamment ne semble être soumis à aucune étude d’impact publique. I4CE a eu le plaisir de vous convier à un webinaire très court pour échanger sur sa dernière étude sur l’évaluation climat du bonus-malus. Les auteurs ont présenté l’outil d’évaluation qu’ils ont développé et les conclusions qu’ils en tirent sur la cohérence du barème actuel avec la stratégie nationale bas-carbone. Jean-Philippe Hermine, Expert Senior Mobilité à l'IDDRI s'est joint à eux pour échanger sur l’évaluation des politiques publiques en matière de mobilité.

Increasing the contribution of banks is the major issue that I4CE proposes to address in a study published in September 2021. The objective is to overcome the classic opposition between the supporters of a Green Supporting Factor (for prudential relief due to the lower risk of green assets) and of a Penalizing Factor (to penalize activities that emit high CO2 levels because they are more exposed to transition risks).

The Paris Agreement has strengthened the call to the financial community to provide an essential contribution to climate action. To date, the focus of alignment efforts has principally been on what is financed – i.e. the individual projects or business activities. However, financial institutions of all types have recently been expanding the focus from the alignment of what is financed to also include an assessment of the alignment of who is financed. In response, in December 2020, marking the fifth anniversary of the Paris Agreement, and in the follow up of the Finance in Common Summit, UNEP FI and the Climate Action in Financial Institutions Initiative are convening an informal FI Group on Aligning Financial Chains with the Paris Agreement.

The Finance ClimAct project just completed its first phase (March 2019 – March 2021) with concrete and operational contributions to the implementation of French and European policies for sustainable finance. As the Renewed Strategy for Sustainable Finance of the EU is about to be released, we invite you to discuss the results of our actions to date, recent progress by the financial sector and challenges that the world of finance still faces in contributing to a low-carbon, climate-resilient economic recovery. This event is organized as part of the EU Green Week 2021.

Financial costs of climate change are rising, and investors need more transparent information to manage their physical risks. The European research project ClimINVEST brings together climate scientists and experts and financial actors to collaborate on improved tools and information.