Mobilising investors to finance clean energy transitions:
how can private capital boost a sustainable recovery?

18th of September 2020 | 11:00 – 12:15

Event Overview

The Clean Energy Ministerial Investment and Finance initiative (CEM-IF) cordially invites you to a discussion on financing clean energy transitions and the role of institutional investors.

The Covid-19 pandemic has triggered a historic economic shock with energy investments set to fall by one-fifth this year. At the same time, governments’ rapid responses with stimulus packages and pre-existing policy supports for sustainable energy solutions hold vast potential to leverage new investment by institutional investors. IEA’s Sustainable Recovery Report illustrates that additional global investment of about USD 1 trillion annually over the next three years would be required to simultaneously spur economic growth and put emissions on a steady downwards track in line with international climate goals as set out by the Paris Agreement.

Institutional investors globally manage over USD 100 trillion, posing a large potential source of finance for the energy sector and the sustainable recovery plan. However, current market signals are not yet sufficiently incentivizing the major reallocation of capital required to put the world on a sustainable pathway to achieve the Paris Agreement goals.

This event will invite both governments and the investment community to discuss (1) how the current crisis is shaping capital allocation in clean energy by the investor community for the next decade, (2) what risk, return and scale issues investors see in allocating finance that aligns with long-term climate and sustainability goals and (3) what financial solutions and government policies would help spur an acceleration of clean energy investment in renewables, efficiency and enabling infrastructure.

The IEA’s role as an organiser of this event is facilitated through the CEM Investment and Finance Initiative (IF initiative), within the IEA’s Clean Energy Transitions in Emerging Economies programme, which has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 952363

Speakers

Dr. Anders Hoffmann
Deputy Permanent Secretary, Ministry of Climate, Energy and Utilities of Denmark

Mr. Thomas Bareiß
Parliamentary State Secretary, Federal Ministry for Economic Affairs and Energy of Germany

Ms. Catherine Bremner
Director of International Climate and Energy, Department for Business, Energy and Industrial Strategy of the United Kingdom

Ms. Mechthild Wörsdörfer
Director for Sustainability, Technology and Outlooks (STO), International Energy Agency

Mr. Sanjay Malhotra
Additional Secretary, Ministry of Power of India

Mr. Jon Johnsen
CEO, PKA

Mr. Michael Hannibal
Partner, Copenhagen Infrastructure Partners

Mr. Martin Berg
Partner, Pollination

Dr. Angela Falconer
Director, Climate Policy Initiative

Agenda

11:00 – 11:02

Opening
Dr. Angela Falconer, Director, Climate Policy Initiative

11:02 – 11:15

Clean Energy Transitions and Sustainable Recovery: Key analysis from Sustainable Recovery report and World Energy Investment report (presentation)
Ms. Mechthild Wörsdörfer, Director for Sustainability, Technology and Outlooks, IEA

11:15 – 11:45

The Stimulus Package Unpacked: Government presentations on sustainable recovery and clean energy transitions (presentations)
• Dr. Anders Hoffmann, Deputy Permanent Secretary, Ministry of Climate, Energy and Utilities of Denmark
• Mr. Thomas Bareiß, Parliamentary State Secretary, Federal Ministry for Economic Affairs and Energy of Germany
• Ms. Catherine Bremner, Director of International Climate and Energy, Department for Business, Energy and Industrial Strategy of the United Kingdom
• Mr. Sanjay Malhotra, Additional Secretary, Ministry of Power of India

11:45 – 12:15

Hear from the Institutional Investors: New risks and opportunities created in investing in clean energy transitions and sustainable recovery plans (moderated discussion)

Moderator
• Dr. Angela Falconer, Director, Climate Policy Initiative
Panellists
• Mr. Jon Johnsen, CEO, PKA
• Mr. Michael Hannibal, Partner, Copenhagen Infrastructure Partners
• Mr. Martin Berg, Partner, Pollination

12:15

Close of event

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