Climate Policy Initiative (CPI) will be organizing and taking part in many events in and around the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 20). We will present our work on tracking climate finance flows, improving the effectiveness of climate finance, and policy pathways for making the transition to a low-carbon economy. Here follows summaries of those events.
Saturday December 6, 2014
Launch of the UNEP Adaptation Gap Report
Saturday, December 6, 18:00-20:00, Room Roma, EU Pavilion, COP 20, Lima, Peru
CPI’s Senior Director Barbara Buchner will give a presentation on CPI’s contribution to the finance chapter of the UNEP Adaptation Gap report. This contribution is based on the findings of our Global Landscape of Climate Finance 2014.
This is an open event. Click here for a detailed agenda.
Sunday, December 7, 2014
Are we using climate finance effectively?
Sunday, December 7, 12:30-14:00, Lima, Peru
Climate Policy Initiative (CPI), the Overseas Development Institute (ODI), and the World Resources Institute (WRI) will host an informal expert lunch to exchange views on the effectiveness of climate finance. The discussion will be framed by our growing body of work on these issues, ODI’s work to understand the effectiveness of climate funds, CPI’s Global Landscape of Climate Finance 2014 and additional case studies analysing the effective use of public finance to scale up geothermal energy and of concentrated solar power, and WRI’s research on climate finance and how to make it transformational.
By invitation only.
Monday, December 8, 2014
Launch of the Geothermal Development Facility (GDF) for Latin America
10:30-12:30, EU Pavilion, COP 20, Lima, Peru
CPI’s Senior Director Barbara Buchner will chair the launch of a new Geothermal Development Facility (GDF) for Latin America. The fund intends to mitigate risks for geothermal development in Bolivia, Chile, Colombia, Ecuador and Peru. It will be established by the Central American Development Bank (CAF) and the German development bank KfW. As moderator, Dr. Buchner will also share insights from ongoing CPI analysis into the role of public finance in deploying geothermal in developing countries. This analysis has been commissioned by the Climate Investment Funds (CIF) as part of efforts to advance critical thinking under their knowledge management program.
This is an open event.
Innovation and Investment: Drivers of Low-carbon Economic Growth for a New Climate Economy
13:15-14:45, Machu-Picchu Room, Official COP 20 side event, Lima, Peru
Climate Policy Initiative and the London School of Economics’ Grantham Research Institute will share their analysis which contributed to the “Better Growth, Better Climate” report from the Global Commission on the Economy and Climate. The report finds that countries can meet their growth and climate goals simultaneously. So what are the opportunities for nations to innovate and invest for low-carbon growth? What policies can support these goals? How do emerging economies and developed region strategies differ? What do businesses need to innovate and invest in a low-carbon economy?
CPI will present its findings on how a low-carbon energy transition can save the global economy trillions over the next 20 years. The Grantham Research Institute will show how many of the dynamic spill-overs and complementarities associated with ambitious early action on innovation can drive growth and reduce the cost of a low carbon transition.
This is an open event. Click here for a detailed agenda.
Tuesday, December 9, 2014
From green growth plans to green infrastructure investments
15:00-16:30, Sipan room, Official COP 20 side event, Lima, Peru, Lima, Peru
CPI’s Senior Director Barbara Buchner will speak at this event organized by the International Chamber of Commerce (ICC) and Global Green Growth Institute (GGGI) to discuss solutions to overcome institutional and financial barriers in order to attract green investments. The event will focus on cooperation opportunities in decarbonizing the energy system and building sustainable infrastructure. Project pipeline generation, non-project risks and achieving financial closure will be addressed.
This is an open event. Click here for a detailed agenda.
Wednesday, December 10, 2014
Climate Finance Tracking – Learnings from this year, challenges identified and topics for discussion
11:00-13:00, EU Pavilion, COP 20, Lima, Peru
OECD, the European Investment Bank and Climate Policy Initiative will host an informal meeting on climate finance tracking to identify lessons learnt this year, challenges identified and topics for discussion. The meeting will be organized as an informal exchange of ideas and will encourage concrete proposals for 2015, focusing on the fruitful collaborations that we’ve had throughout 2014 on climate finance tracking, between multilateral development banks (MDBs), International Development Finance Club (IDFC), UNFCCC, OECD, CPI and others. It will draw on the publication of a number of important climate finance reports including, but not limited to:
- The MDB Joint Climate Finance 2013 Report
- IDFC Green Finance Mapping summary
- CPI Global Landscape of Climate Finance 2014
- UNFCCC SCF Biennial Assessment on Climate Finance
- OECD DAC Statistics on Climate-related Development Finance
This is an open event.
Thursday, December 11, 2014
De-risking Green Energy Infrastructure
07:45 – 09:15, Lima Chamber of Commerce, Av. Giuseppe Garibaldi 396, Jesús Maria, Lima, Peru
CPI’s Executive Director Tom Heller will speak at this breakfast discussion, where experts from the private sector, government and think tanks will discuss how to meet infrastructure needs of Latin American countries. They will particularly look at how to mitigate non-project risks, and will present approaches to risk mitigation, such as the platform RiskEx.
By invitation only.
Momentum for Change: Financing for climate-friendly investment
16:45—18:15, Room MfC 1, Official COP 20 side event, Lima, Peru
CPI’s Senior Director Barbara Buchner will speak at this official UNFCCC side event. It will show how successful financial innovations and funding mechanisms are unlocking climate finance, resulting in greater institutional capacity to fund activities that promote low-carbon growth and highly resilient communities.
This is an open event.
The Global Innovation Lab for Climate Finance
18:00-19:15, U.S. Center, COP20, Lima, Peru
Well-designed financial instruments and appropriate public support that reduce private investors’ risks and improve their financial returns could play a central role in global efforts to address the adaptation and mitigation needs of developing countries. The Global Innovation Lab for Climate Finance is a new, global initiative that draws on expertise from around the world to design and pilot the next generation of cutting edge climate finance instruments. By catalyzing new investment flows through effective public-private partnerships, The Lab will help governments achieve their multilateral climate finance goals effectively, support an optimum allocation of public and private finance, and assist developing countries in tackling climate change. The Lab includes leaders from governments, pension funds, investment banks, project developers and development finance institutions.
This COP 20 side event, hosted by the U.S. Department of State in partnership with the UK Department of Energy & Climate Change (DECC), and the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), will provide an update on The Lab’s progress and its selected set of instruments. Participants will hear from an expert panel on driving climate finance in developing countries at scale, followed by a Q/A discussion.
This is an open event. Click here for a detailed agenda.
