A workshop of the Nordic Public-Private Collaborative Platform for Climate Finance and the project: Fossil Fuel Subsidy SWAPs for Sustainable Energy

Copenhagen

Event information

The workshop is part of a larger initiative to promote more efficient exchange and channeling of information on Nordic and international innovations and emerging best practice related to mobilizing climate finance. The workshop is organized as part of the Nordic Clean Energy Week as transition to clean energy is one of the most effective tools for fighting climate change and therefore plays a crucial role in the international climate finance mix. Furthermore, the workshop will include a session on the opportunities to redirect subsidies away from fossil fuels and target them towards cleaner energy, as well as to incentivise and leverage greater private sector investment in sustainable energy.

Targeted audience
The event is primarily targeted at Nordic public and private finance stakeholders, as well as Nordic Industry representatives. The workshop will gather:
● Private investors (Pension funds, commercial banks)
● Corporates (Transportation, Retail, Manufacturing)
● Ministry representatives (Foreign Affairs, Energy, Environment, Climate)
● Public development and climate finance institutions, export credit agency and municipal finance

Agenda
9.00 – 9.30 Arrival and coffee
9.30 – 9.45 Introduction and welcome
9.45 – 10.15 Panel on selected Nordic and international climate finance cases
10.15 – 10.30 Networking break
10.30 – 12.00 Parallel breakout sessions:

  • (1) Mobilizing climate finance through Article 6. (bilateral and multilateral market based mechanisms)
  • (4) Greening the financial system – the role of improved disclosure (TCFD) to encourage Nordic finance sector participation in climate investments

12.00 – 13.00 Lunch break
13.00 – 14.00 Fossil fuel subsidies, public finance and leveraging investment for sustainable energy via SWAPs
14.00 – 14.15 Short break
14.15 – 15.45 Parallel breakout sessions:

  • (3) Engaging corporations for climate-compatible investments in their supply chains
  • (2) De-risking climate compatible investment: public-private investment funds, guarantees

15.45 – 16.15 Wrap up: drawing together key learnings and ideas generated during the workshop

Expected outcomes
The expected outcomes from the workshop engagement are:
● Strengthened collaboration among Nordic stakeholders that have different roles and functions in the finance mobilization “ecosystem” and across the Nordic region;
● Creating a stronger, more up-to-date and fact-based foundation for engaging with and influencing international discussions and entities, including the Green Climate Fund and Multilateral Development Banks;
● Ensuring transition towards a low-carbon and clean energy based economy

Download full program here

Event type

Workshop

Location

Nordic Council House, Copenhagen
Ved Stranden 18, 1061 København

Organizers

The Nordic Working Group for Global Climate Negotiations (NOAK) under the Nordic Council of Ministers, in cooperation with South Pole, Climate-KIC and Gaia Consulting

Contact

Victor Gancel, victor.gancel@climate-kic.org
Programe Manager, Low Carbon City Lab, Climate-KIC

Registration

Sign up and request additional information by sending an email to Victor Gancel.
Please mention which breakout session you would like to contribute to.

Clean energy technology Energy efficiency Energy policy Energy transition Investment Renewables Research & innovation