Prof. Emilio La Rovere was invited to take part of two side-events on the topics of carbon pricing and green bonds taking place as part of the Interconnections Zone during COP23 at Deutsches Institut für Entwicklungspolitik (DIE) / German Development Institute in Bonn.
Find more about this events below:
1. Accelerating Carbon Pricing to Support Sustainable Development
When: Thursday, 16 November 2017, 10.00 am – 11.30 am
Where: Deutsches Institut für Entwicklungspolitik (DIE), Tulpenfeld 6, 53113 Bonn, Germany
The recent decade saw an unprecedented and ongoing growth in national und subnational carbon pricing initiatives around the world. The most exciting developments are currently taking place in emerging economies and developing countries in Asia and Latin America. Carbon pricing policies significantly reduce the cost of addressing climate change and unlock economic opportunities as part of the transition to a low-carbon economy. In addition, carbon pricing generates revenues which can be used to mainstream climate change into public policies to support low-carbon and climate-resilient sustainable development. This side event will bring together academics, policymakers and stakeholders to discuss prospects and challenges for carbon pricing in the context of the Paris Agreement and Agenda 2030.
Speakers:
- Constanze Haug, International Carbon Action Partnership
- Ottmar Edenhofer, Mercator Research Institute on Global Commons and Climate Change
- Oskar Lecuyer, Agence Française de Développement
- Sébastien Postic, Institute for Climate Economics
- Duan Maosheng, Tsinghua University
- John Roome, World Bank
2. The Potential of Green Bonds to finance Climate Change and Sustainable Development: Barriers and Policy Recommendations?
When: Friday, 17 November 2017, 10.00-12.00 a.m.
Where: Deutsches Institut für Entwicklungspolitik (DIE), Tulpenfeld 6, 53113 Bonn, Germany
For achieving a 2°C compatible pathway an enormous investment gap exists which has to be financed both with public and private funds. A promising innovative financial instrument for achieving this goal are green bonds. While the green bond market has expanded sizably worldwide, several barriers to its further development exist including the lack of harmonised standards across countries and types of bonds. The aim of this side event is to discuss the main barriers for emerging economies to the further development of the green bond market and to elaborate policy recommendations among experts from the civil society, public and private sector as well as academics.
Speakers:
- Brian Gillard, German Stock Exchange AG
- Torsten Ehlers, Bank for International Settlements
- Aldo M. Romani, European Investment Bank
- Manuel Adamini, Climate Bonds Initiative
- Alba Aguilar Priego, MEXICO2, Company of the Mexican Stock Exchange
- Kathrin Berensmann, German Development Institute
