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ICC side events at COP15

Monday 14 December 2009                                                                               
Topic     Finance and climate change
Time     13.00-15.00
Location     Saxo Grammaticus
       
Moderator    

Brian Flannery, Vice-Chair ICC Environment and Energy Commission
       
Panellists    

Andrei Marcu, Head of Regulatory Affairs Mercuria Energy Trading
Russel Mills, Global Director Energy & Climate Change Policy, Dow Chemical
Kaveh Zahedi, Climate Change Coordinator, United Nations Environment Programme (to be confirmed)

       
Description     Based on UNFCCC estimates, an additional $200bn of the world’s annual projected investment flows should be diverted to lower emitting technologies from other “business-as-usual” opportunities, with roughly half of this investment required in the developing world.

Private sector innovation and investment will continue to provide most of the financing for cleaner technology and, to support these efforts, governments have recognized the need for targeted public financing mechanisms to encourage this investment. Despite the proliferation of specialized climate related financing programs more needs to be done to effectively leverage private capital.

This event will seek to provide concrete examples of the enabling frameworks needed to catalyse private sector investment in order to achieve deep-long term emissions reductions including through the reform and development of new market mechanisms.

Please click on the link below to view the webcast:

http://www4.cop15.meta-fusion.com/kongresse/cop15/templ/play.php?id_kongressmain=1&theme=unfccc&id_kongresssession=2527

 


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