Category: Green Finance

Policy Brief : Soil as Natural Capital: a factor for sustainable diversification

The soil is a living ecosystem that is capable of growth and diversification. It is also a productive capital but the conventional methods and technologies of its exploitation could lead to its destruction. Reversing this paradigm is the basis of a green growth strategy: the soil can become a carbon sink again, and the material and energy it produces can fuel genuinely sustainable industries, especially mobility. As a capital, the soil is not irremediably degraded; Sustainable management of soil capital is hence a priority for sustainable diversification and climate.

Read more in french

T20/G20 Policy Brief : Innovative Green-Technology SMEs as an Opportunity to Promote Financial De-Risking

By Joël Ruet(The Bridge Tank and CNRS-CEPN), Elena Verdolini(FEEM and CMCC), Céline Bak(CIGI and Analytica Advisors),  Anbumozhi Venkatachalam(ERIA)

“We recommend that the G20 target innovative green-technology SMEs as an opportunity to promote financial de-risking while addressing Paris Agreement commitments and UN Sustainable Development Goals. This should be achieved by creating signals for private investors through: (1) a reporting system that can help monitor the scale-up of green-technology SMEs; (2) the use of public funds to signal innovative green-technology SMEs to investors; and (3) the inclusion of SMEs in the design of green finance platforms. By implementing these recommendations, the G20 will ensure that innovative, low- carbon SMEs become attractive, low(er)-risk investment opportunities for the private sector.” Read more …

T20/G20 Policy Brief: GREEN SHIFT TO SUSTAINABILITY: Co-benefits & Impacts of Energy Transformation on Resource Industries, Trade, Growth and Taxes

By R. Andreas Kraemer (lead) – Center for International Governance Innovation (CIGI), Canada,Joël Ruet – The Bridge Tank, France,Barry Carin– Center for International Governance Innovation (CIGI), Canada, Max Gruenig– Ecologic Institute, Germany & United States, Fernando Naves Blumenschein & Renato Flores– Fundação, Getulio Vargas(FGV), Brazil, Akshay Mathur– Gateway House, India, Clara Brandi – German Development Institute (GDI-DIE), Thomas Spencer– Institut du développement durable et des relations internationales (IDDRI), France Sebastian Helgenberger & Sonja Thielges– Institute for Advanced Sustainability Studies (IASS), Germany,  Scott Vaughan– International Institute for Sustainable Development (IISD), Canada,Shelagh Whitley– Overseas Development Institute (ODI), UK, Hermann Ott– Wuppertal Institute, Germany. 

“Energy transformation towards 100% renewable energy is economically inevitable, and socially and environmentally desirable, yet it may produce negative signals in outdated statistics as fossil trade diminishes and the sector shrinks. This paradoxon should be addressed in a joint report by, e.g., IRENA, IMF, OECD, andthe World Bank, and the Task Force on Climate-Related Financial Disclosures.

Fossil fuel extraction and commodity trade will end, and fossil asset values erode. The industry’s role in capital formation, international trade, economic activity (GDP), and government revenue will decline. New energy systems, based on efficiency, renewables, storage, and smart management are cheaper to build, run and maintain. Growth of electricity use stimulates innovation, value creation, and growth in consumer rent, as renewable energy technologies harvest free environmental flows that are not traded and often for self-consumption. Total utility will grow while trade, GDP and the tax base may shrink. Reports should inform G20 Leaders, Ministers of Finance and Central Bank Governors on the true costs and benefits, and alert them to misleading signals.” Read More … 

Policy Brief: Financial Regulation and Climate Emergency – For Greener Prudential and Accounting Standards

Abdeljellil Bouzidi, The Bridge Tank, has co-authored a Brief for the Think Tank Terra-Nova http://tnova.fr/etudes/regulation-financiere-et-urgence-climatique-pour-des-normes-prudentielles-et-comptables-plus-vertesin which the authors state that «It is vital for our economies to quickly reconcile funding methods with climate goals. Both the prudential regulation of European finance and the accounting system are still exclusively focused on the prevention of a systemic crisis, which ignores in its sheer definition the climate dimension.

It is, hence, necessary and urgent to reinvest the prudential field to ensure the financing of the green economy and the fight against global warming by including environmentally macroeconomic criteria. More generally, we must stop thinking of environmental problems as externalities of the productive system.

Read morein french 

The case for sovereign climate bonds How to combat climate change with fiscal policy?

“Investment in a low-carbon future is a key priority for many governments across the developed and developing world, and also for central banks looking to diversify their investment portfolios. One proposal for turning this priority into action is through the creation of climate policy performance bonds – calling them ‘sovereign climate bonds’.”

By Abdeljellil Bouzidi, Board Member of The Bridge Tank.

Read more by clicking on this link.

Insights into Emerging Economies n°8 – Perspective on China’s investments and a close-up on clean energy storage in the Global South

Although China’s growth experienced a moderate slowdown in 2015, its foreign investment on the other hand soared. Officially set up in December 2015, the Asian Infrastructure Investment Bank (AIIB) is showing the Asian giant’s firm intention to move away from a strategy based on mass production towards a logic of enhancing its capital both regionally and globally. The Bridge Tank deciphers this new power of investment.

Continue reading “Insights into Emerging Economies n°8 – Perspective on China’s investments and a close-up on clean energy storage in the Global South”

Our take on the Low Emission Solutions Conference – COP 22

Download the full report here.

This report details the discussions and conclusions at the LESC conference from November 14th to 16th as part of the COP22 in Marrakesh. The report is meant to be a collection of data, quotes, and viewpoints put forth by the speakers and panelists over this three-day period. In addition, we have added our own analysis and evaluation throughout the document, which is meant to help connect the different ideas presented. The LESC conference was intended as a workshop over solutions to reach the objectives of the Paris Agreement. It was thus action-oriented, with panel discussions intermixed with presentations on different innovations potentially critical in reaching said goals. As this was the COP of “action”, this was an appropriate format, and should provide policymakers with plenty of options in planning their own pathways to drastically lower emissions.

Continue reading “Our take on the Low Emission Solutions Conference – COP 22”

Marrakesh – World Climate Summit at COP22

The Bridge Tank team was invited to attend the World Climate Summit, organized on the sidelines of the COP22 on Sunday, November 13th at the Palm Plaza Hotel in Marrakech. Continue reading “Marrakesh – World Climate Summit at COP22”

Marrakech – Side Event COP22 “How to Financially Boost a ‘Green Greenfield’?”

On November 10th, the Bridge Tank participated in an event organized by the Moroccan Agency for Sustainable Energy (MASEN) as part of the COP 22. The event presented recommendations to address the financial challenges of green greenfield.

Continue reading “Marrakech – Side Event COP22 “How to Financially Boost a ‘Green Greenfield’?””

Report: Sustainable Development & Intellectual Property: Access to Technologies in Developing Countries

Sustainable development, this meta-project that aims to secure development without harmful consequences for humankind and the environment, is of great necessity as our planet is threatened by climate change. In developing countries in particular, it requires the large-scale deployment of “clean” or environmentally sound technologies. The role of industrial property is often evoked in this deployment, either as a catalyst or a hindrance to the development of environmentally sound technologies. One aim of this study is to answer the question of the role of industrial property in the adoption of environmentally sound technologies in developing countries. Read more …

Theme: Overlay by Kaira
Copyright 2020 - The Bridge Tank