Watt Matters Podcast - 15/July/2022

The need for climate finance Jedi

The world needs trillions of dollars in investments to slow down climate change and fulfill the objectives of the Paris Agreement, but simply throwing money at the problem will not be enough. To harness the force of climate finance, it needs to be made with a just transition in mind

            


From FORESIGHT Climate & Energy, Watt Matters is a podcast all about the energy transition and the shift to a decarbonised economy

For the best possible audio experience, listen to Watt Matters in the FORESIGHT app. This requires a subscription to FORESIGHT Climate & Energy. If you would like to know if your company/organisation is subscribed to FORESIGHT Climate & Energy, or if you would like a reminder of your login details, send an email to info@foresightdk.com.

Private capital investments are crucial to close the financing ‘gap’ in the global race to net-zero emissions.

The world’s major economies and their financial institutions are taking different approaches to mobilise climate finance. The European Parliament has just endorsed the inclusion of gas and nuclear investments as “green” in the EU’s taxonomy regulation for sustainable investments. We discuss the implications of this decision for global markets and whether a taxonomy is the best approach to mobilise climate finance in the first place.

In this episode, we are joined by Marilyn Waite, head of the Climate Finance Fund, focusing on mobilising capital for climate solutions. We take a look at the EU taxonomy, but also dive into how other major economies are addressing this challenge and the need to have a ‘JEDI’ (justice, equity, diversity, and inclusion) lens into climate finance.

Marilyn has previously managed the climate and clean energy finance portfolio at the William and Flora Hewlett Foundation, led the energy practice at Village Capital, modelled and forecasted energy solutions to climate change as a Senior Research Fellow at Project Drawdown and managed innovation projects at French energy company AREVA (now Orano and Framatome).

Listen and subscribe to Watt Matters wherever you get podcasts. Follow us on Twitter at @WattMattersPod or email us at show@wattmatterspodcast.com. You can also find FORESIGHT Climate & Energy on LinkedIn.

Illustration: Masha Krasnova-Shabaeva. Art director: Trine Natskår.


Show notes:

 

 

Try full access to FORESIGHT Climate & Energy for €1 a day
Join over 100,000 policymakers, energy experts in business, finance, and academia, city leaders, and leading NGOs in having access to FORESIGHT Climate & Energy.
GET YOUR 30 DAY TRIAL

 

 

Share


Leave a Reply

Your email address will not be published. Required fields are marked *

Related articles

EU ushers in game-changing financial rules

An EU taxonomy to define green investments is expected to enter into force in 2021, but some experts want it to be used immediately to inform stimulus packages aimed at dealing with the social and economic fallout from the Covid-19 pandemic

Read more

Fiscal reform may make or break EU green hearts

A review of the European Union’s fiscal rules in 2022 could open the door for massive public investments into the energy transition. A political fight over the direction of that amendment will dictate just how ambitious Europe can afford to be with its green policies

Read more

A fiscal Stockholm syndrom

Government budgets are hooked on fossil-fuel derived tax revenues. Making the break is tough.

Read more

More and better data is needed to help reorient capital flows towards more sustainable investments

EU takes investors to task over climate change

More and better data is needed to help reorient capital flows towards more sustainable investments

Read more

A path to growth and welfare

Theme on Energy Efficiency part 4/5: Companies are not investing enough in energy efficiency in order to reap its benefits. This is the economic oddity of energy efficiency, says Brian Motherway, head of energy efficiency at International Energy Agency.

Read more

Boards feel the heat from investors on climate risk

Mitigation of climate risk is moving to the top of the agenda for senior management and company boards

Read more

Accelerating the energy transition will be good news for jobs, the economy and climate, says a major report published in September 2018

A faster energy transition will bring greater economic benefits

Accelerating the energy transition will be good news for jobs, the economy and climate, says a major report published in September 2018

Read more