Archives des Green Finance - Page 5 of 7

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

Posted on 1 June 20176 August 2020 by the_bridge_tank

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energy is economically inevitable, and socially and environmentally desirable, yet it may produce negative signals in outdated statistics as fossil trade diminishes and the sector shrinks.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

Posted on 1 June 201728 June 2023 by the_bridge_tank

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.

Joël Ruet meets Wang Yao, member of China’s carbon committee, to discuss green finance issues

Posted on 20 March 201723 July 2021 by the_bridge_tank

On the 19th of March 2017, Joël Ruet visited the Central University of Finance and Economics in Beijing to meet with Professor Wang Yao, deputy secretary to the Green Finance Committee of China. She had already taken part in the final panel of the conferences organised by the Bridge Tank during the COP22 summit in Marrakech.

This committee aims at developing green finance in China and coordination on standards with Europe. It is chaired by Ma Jun, vice-Minister in charge of climate finance.

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

Posted on 15 February 20176 August 2020 by the_bridge_tank

“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.

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

Posted on 7 February 201728 June 2023 by the_bridge_tank

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

Posted on 31 January 20171 June 2020 by the_bridge_tank

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

Posted on 2 December 20161 June 2020 by the_bridge_tank

The Bridge Tank team was invited to attend the World Climate Summit, organized on the sidelines of the COP22 on Sunday, November 13^th 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’?”

Posted on 2 December 20161 June 2020 by the_bridge_tank

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’?””

COP22 in Marrakech: “Structuring the new climate change markets: The South-South Business Models for after COP22”

Posted on 2 November 201615 September 2021 by the_bridge_tank

This conference entitled “Structuring the new climate change markets: TheSouth-South Business Models for Post-COP22”, was held on November 16 in the COP22 “Green Zone” (civil society) as the third of four conferences hosted by the Bridge Tank during the COP22 summit in Marrakech between November 7 and 18, 2016.

It proposed a new analysis of globalization after COP21 and COP22, built on a global, regional and local ecosystems approach. The question of tomorrow’s markets for sustainable technologies and services was addressed: several innovations can be deployed and profitable provided they meet the needs of emerging and developing countries. In this respect, the idea that only the economies of the North must move towards a green economy is simply no longer valid.

This conference brought together different business representatives and policy makers, who were able to discuss the challenges, develop a common understanding of the consequences of future regulations and assess the impact of COP21 and COP22 on their own areas, with a clear vision of future opportunities.

The Bridge Tank was present at this event, represented by Joël Ruet the President and Abdeldjellil Bouzidi, Managing Partner at Emena Advisory and member of the Bridge Tank’s Steering Committee. Abdeldjellil Bouzidi argued that green finance has focused too much on mitigation and not enough on adaptation. He also argued that “Debt for Climate Swaps” would be a viable financing solution for countries with large amounts of debt. He added that green bonds with an interest rate linked to environmental performance can attract virtuous investors. JoëlRuet argued that in Morocco, these green bonds with a variable interest rate should get the attention of the MASEN New Energies Group.

The speakers were Catherine Girard, energy and commodities expert at Groupe Renault, Thomas Eymond-Laritaz, executive director of APCO Global Solutions. Catherine Girard stated that electric vehicles, despite their obvious advantages, require the establishment of a new “ecosystem”.

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

Posted on 1 November 20166 August 2020 by the_bridge_tank

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 …