The European Bank for Reconstruction and Development (EBRD) is participating in the United Nations Conference on Climate Change in Paris, COP21, which will take place on 30 November – 11 December.
EBRD representatives will take part in several events focusing on climate finance and sustainable energy, bringing the Bank's expertise and sharing its experience in the implementation of a new set of climate goals.
The COP 21 meeting is expected to seal an international climate agreement and define an agenda of specific actions to combat climate change.
As an acknowledged leader in climate finance, the EBRD can play a key role helping to deliver the COP21 goals. It has had a strong environmental mandate ever since its inception and has steadily increased its activities to promote the sustainable use of energy and resources.
Mobilizing Climate Finance for Development Action:
The heads of the world’s largest multilateral development banks for a panel discussion on how to mobilize and deploy climate finance to achieve real action on the ground in developing countries. This conversation will shine light on how MDBs will deliver on their commitments to scale up climate finance and support countries as they move to implement the 2015 Paris Agreement.
30 November 2015: 17:30 to 19:15
EBRD President Suma Chakrabarti and EBRD Managing Director for Energy Efficiency and Climate Change, Josué Tanaka
- Akinwumi Adesina, President, African Development Bank (AfDB)
- Sir Suma Chakrabarti, President, European Bank for Reconstruction and Development (EBRD)
- Werner Hoyer, President, European Investment Bank (EIB)
- Luis Alberto Moreno, President, Inter-American Development Bank (IDB)
- Jim Yong Kim, President, World Bank Group (WBG)
- Takehiko Nakao, President, Asian Development Bank (ADB)
Location: OECD pavilion.
Partners: OECD and AfDB, ADB, EIB, IDB, WBG
Please see full agenda here.
Future Energy Pathway, Low Carbon and Climate Resilient development of the Caspian Region
The Caspian Region event is one of the side events co-organised by the EBRD during the Paris climate talks, COP21.
In partnership with the Ministry of Energy of the Republic of Kazakhstan, the Nazarbayev University and the Climate Change Coordination Centre, the EBRD will stage a 1.5-hour event with discussions of strategies, investments and technologies aimed at sustainable energy development in the Caspian region. Speakers will include representatives from Kazakhstan and Tajikistan.
The event, moderated by Josue Tanaka, the EBRD’s Managing Director for Energy Efficiency and Climate Change (E2C2), will explore energy efficiency, renewable energy, energy security and climate adaptation. The EBRD Director for Kazakhstan, Janet Heckman, will speak at the event alongside academics and government representatives from Kazakhstan and Tajikistan.
The EBRD, together with its partners, has been playing a key role in the Caspian region in sustainable energy and energy security. From cooperation with Kazakhstan’s private energy operator CAEPCO for energy efficiency, to large-scale energy security projects such as the Shah Deniz off-shore gas field in Azerbaijan, to pioneering climate resilience mechanisms as part of the Qairokkum hydropower plant rehabilitation in Tajikistan, and policy dialogue throughout to introduce progressive renewable energy legislation and regulatory frameworks, the EBRD combines investment, technical cooperation and policy dialogue to help countries in their transition to cleaner energy systems.
01 December 2015- 18:30 to 20:00.
Location: UNFCCC Room 6.
Partners: Kazakhstan, Tajikistan, C4.
EBRD speakers: EBRD Managing Director for Energy Efficiency and Climate Change, Josué Tanaka and EBRD Director for Kazakhstan, Janet Heckman
Please see full agenda here.
Financing Mechanisms for Climate Technology Transfer
Visit FINTECC website for more
When it comes to delivering on the COP21 climate goals, one key global priority will be the ability to transfer climate technology to the economies that really need it.
This is also a priority for the EBRD which has a programme aimed specifically at helping the countries where it invests gain access to the latest developments in climate technology.
The EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC) provides advice and incentive grants to help companies to introduce eligible technologies.
During the COP21 meetings, the FINTECC Programme will host a panel session on technology transfer, assessing the extent of the “North, South” technology gap and exploring what can support improved transfer and what stands in its way.
It will look at how Multilateral Development Banks like the EBRD can play a supporting role and how most effectively to engage with the private sector.
EBRD speakers: EBRD Managing Director for Energy Efficiency and Climate Change, Josué Tanaka and EBRD Director, Energy Efficiency and Climate Change, Terry McCallion
Moderator: EBRD Editor-in-Chief, External Communications, Anthony Williams,
02 December 2015- 08:30 to 12:00
Location: IETA pavilion Blue Zone.
Partners: IETA, IEA.
Please see full agenda here.
Publicly Mobilised Private Climate Finance: Implementation and Tracking by Development Finance Institutions (DFIs)
A consortium of Multilateral Development Banks (MDBs) are gathering on 4 December in Paris, on the sidelines of COP 21, to jointly report on their climate financing in adaptation and mitigation projects. The latest MDB investment figures were published on June 2015.
Since 2011, MDBs have been reporting jointly on climate finance. From now on, MDBs will also jointly track and report on co-finance.
MDBs will attempt to answer following questions:
- How does tracking of mobilised climate finance work in practice?
- What impacts are achieved? What incentives are set when moving toward the $ 100 billion?
- What are next steps to increase transparency, accuracy and efficiency?
Presentations by Expert Panelists followed by discussion:
- Introduction of the background and decision points - Raphael Jachnik, OECD
- Presentation of methods and results applied by DFIs - Jochen Harnisch, KfW
- Presentation of MDB method and results – Nancy Saich, EIB & Carel Cronenberg, EBRD
- Estimation of indirect mobilisation and its benefits and challenges - Barbara Buchner, CPI
- Outlook on the broader picture – Michael Westphal, WRI
COP-21 - Side Event in the EU Pavillion by KfW and partners
4 December 2015
18.30 to 20.00
For COP21 SE4All launched a campaign together with its Accelerator Platform partners to get 100 jurisdiction (countries, regions, cities), 100 businesses and 100 financial institutions scaling up their work on energy efficiency contributing to the SE4All objective on doubling the improvement rate of energy efficiency until 2030.
The European Bank for Reconstruction and Development (EBRD), a major actor in the energy efficiency field, has been working with a number of partners, including UNEP FI, to build an alliance of financial institutions supporting the SE4All energy efficiency goal.
100 financial institutions
More than 100 financial institutions (banks and investors) are committed to join efforts to scale up finance for energy efficiency.
According to SE4All Sustainable Energy Finance report, USD 560 billion of investments are required by 2020 in order to achieve the SE4All goal of doubling the global rate of improvement of energy efficiency. The current level of investments is estimated at USD 130 billion (2015) implying significant additional investment requirements for that SE4All goal.
100 jurisdictions (countries, regions, cities)
Opportunities and actions towards energy efficiency exist worldwide but need to be scaled up. Cities, regions and countries will need to improve policies and regulatory frameworks and incentivize action for energy efficiency. The key to making progress is well coordinated collaboration that overcomes the different barriers that so often prevent gains in energy efficiency. Governments, the private sector, international organizations and civil society can work together to accelerate worldwide action on energy efficiency.
100 businesses – “We Commit”
The “We Commit” Campaign, became on integral part of the 100/100/100 outreach activity of SE4All, gathering energy efficiency commitments from the private sector from around the world.
The Sustainable Energy for All’s “We Commit” business campaign helps the private sector to move closer towards implementation of CO2 targets
As part of LPAA and based on the Rio+20 mobilization, the “We Commit” campaign was launched in June 2015 with the ambition to bring 100 corporate Energy Efficiency commitments to COP21. SE4All and Accenture developed a commitment framework that primarily focuses on quantified contributions that can be aggregated. This took the work with the private sector to the next level: breaking down CO2 targets into the proportion related to energy efficiency and with it getting a step closer to implementation.
Date: December 7, 2105
Location: Le Bourget, Conference of Parties, Paris
Room: Observer Room 10
Time: Energy Day 10:00- 18:30
Language: the entire proceedings are in English (French translations are provided)
Moderator: EBRD Director of Communications, Jonathan Charles
Speakers: EBRD managing Director, Energy efficiency and climate change, Josue Tanaka.
Emerging Solutions to drive private investment in climate resilience
This event aims to engage participating investors, policymakers and practitioners in an active discussion on approaches and tools for stimulating businesses and financiers’ response to the downside risks and upside opportunities of climate change.
EBRD representative: Carel Cronenberg, Principal MRV Manager
What lessons can be learned from Development Banks’ financing and non-financing approaches to private sector engagement in climate change adaptation? What does their current toolbox look like? What’s next?
7 December 2015 16.30-18.00
Green Zone, Climate Generations area, Room 3, Paris-Le Bourget Conference Centre
A panel discussion organized by
Climate Policy Initiative and the International Chamber of Commerce
Climate change policies: the fiscal implications
The EBRD is holding a workshop on the sidelines of the COP21 conference in Paris on the fiscal implications of climate change policies
The discussions will focus on a better understanding of how climate change policies affect public finances.
The session will also look at how governments can integrate climate change considerations into their budgets and fiscal policies and how institutions such as the EBRD can promote the investments and the regulations that help economies move swiftly towards a low carbon future.
The EBRD Managing Director for Country and Sector Economics, Mattia Romani, will introduce the session which includes a key note address from Nicholas Stern, I.G. Patel Professor of Economics and Government LSE.
10 December 2015, 9.00 – 11.30
EBRD workshop at COP21, Paris, France
IETA-WBCSD COP21 Business Pavilion
Partners: IETA, World Bank, IMF