Climate Policy Initiative experts will host and present at several events during COP27 that will cover finance for a just transition, adaptation and resilience, instruments to drive sustainable finance, approaches to closing the investment gap for urban climate projects, and other topics.
All times below are EET
Finance for Adaptation Solutions & Technologies Roundtable
Tuesday 8 November; 16:00 – 17:00
Climate adaptation investment is a critical priority. Up to USD 300 billion per year will be required for developing countries alone by 2030, but adaptation receives less than 7.5% of climate finance annually. Public and private investment must be scaled up to address the accelerating impact of climate change in agriculture, infrastructure, water, energy, and health and other sectors.
The COP27 Finance for Adaptation Solutions & Technologies Roundtable (FASTR) panel “Innovative Instruments for Climate Adaptation Finance” will discuss new public and private approaches to adaptation investment and make a call-to-action for stakeholders to join in opportunities to scale investments in climate adaptation.
Speakers will include:
- Jay Koh, Managing Partner – Lightsmith Group
- Rob Bartrop, CRO – Source Global
- Barbara Buchner, Global Managing Director – Climate Policy Initiative
- Mahesh Roy, Programme Director – Investor Practices IIGCC
From needs to action: Overcoming adaptation investment barriers in Africa
Wednesday 9 November; 9:30 – 10:30
Despite strides in planning and awareness on climate change adaptation, adaptation investment falls far short of the sizeable adaptation needs across the globe. Co-hosted by EIB and EC – DG CLIMA, this event examines the practical solutions that can overcome barriers to greater adaptation investment. With a spotlight on adaptation in Africa, the event will convene leaders and practitioners to unpack adaptation investment and showcase approaches with potential to significantly speed up the implementation of adaptation action on the ground.
CPI’s Global Managing Director Barbara Buchner will moderate the session, with speakers:
- Laura Piovesan, Deputy Director-General, EIB
- Diana Acconcia, Director, DG CLIMA, European Commission
- Anne-Sophie Cerisola, Director, Climate Action Team, Executive Office of the Secretary-General, United Nations (or Carolina Aguirre)
- Rejoice Amarachi Usim, Simkay Green Global Ventures, Nigeria and a winner of the Africa Adaptation Acceleration Programme’s YouthAdapt Challenge
- Azhar Rifai, Director of the ARCH Cold Chain Fund
- Stijn Vermoote, Head of User Outreach and Engagement Section, European Centre for Medium-Range Weather Forecasts (ECMRW)
- Cinzia Losenno, Senior Climate Change Specialist, EIB
IDFC & GCF – A key partnership for financing the transition towards low-emission and climate-resilient development
Wednesday 9 November; 10:00 – 11:00
This side event will highlight the synergies of the GCF–IDFC partnership to enable public development banks to finance low-carbon, climate-resilient development pathways to their full potential, and promote the achievements of the first partnership (2019-2022). CPI’s Vikram Widge will moderate the session.
Aligning finance with the Paris Agreement
Wednesday 9 November; 11:00 – 13:00
One of the three main goals of the Paris Agreement speaks to making financial flows consistent with a pathway toward low greenhouse gas emissions and climate-resilient development. To date however, there is a significant misalignment between climate finance needs and global financial flows, with more funds invested in fossil fuels and fossil fuel subsidies globally each year than invested in low carbon and climate resilient growth and development. Aligning finance with the Paris Agreement requires action by all key stakeholders. This event will showcase examples of good practice and discuss the way forward for aligning finance with low emissions, climate resilient development, with a focus on Africa.
CPI’s Daniela Chiriac will speak on the panel.
Roadmap to mobilize USD 1 Trillion for Solar by 2030
Wednesday 9 November; 11:00 – 13:30
CPI’s Global Managing Director Barbara Buchner will participate in this event organized by the International Solar Alliance (ISA), World Resources Institute (WRI), and Bloomberg Philanthropies.
Last year at COP26, ISA, WRI, and Bloomberg Philanthropies created a platform for action and launched the Solar Investment Action Agenda. The Scaling Solar Investment Roadmap builds on that Action Agenda. Developed in collaboration with CONCITO, the Investment Fund for Developing Countries, and the World Climate Foundation, it incorporates inputs from more than 100 solar investment and development experts. It highlights actions that governments and financial institutions need to take to scale up public and private sector solar investment, particularly in developing regions, and recommends strategies for increasing collaboration to solve overarching challenges.
Joint-MDB event on Paris Alignment Progress Update
Wednesday 9 November; 13:00-14:30
According to the IPCC, while financial flows are a factor of three to six times lower than levels needed by 2030 to limit warming to below 2°C, there is sufficient global capital and liquidity to close investment gaps but require stronger public action. Multilateral Development Banks (MDBs) have a critical role in mobilizing capital at scale to deliver private and public investments to achieve Paris Agreement objectives, including the Sustainable Development Goals.
This COP27 joint MDB side-event will provide the opportunity to update the public on the progress of the MDBs Paris Alignment and share valuable experiences from the journey with various stakeholders and discuss the future. It will not only bring together high-level MDBs representatives, but also country and donor representatives, business and financial community, as well as civil society and independent think tanks, to discuss the implications of Paris alignment and the role of MDBs.
CPI’s Global Managing Director, Barbara Buchner, will speak on the panel.
Climate Finance Innovation in a High Interest Rate World; Opportunities to Unlock Climate Finance in Emerging Markets
Wednesday 9 November; 13:30 – 14:30
The Climate Registry Pavilion
During a decade of extraordinarily low global interest rates, global climate finance has nearly doubled in size. Since interest rates began climbing, emerging markets has seen private investment fall, government discretionary budgets tighten, and an increase private distressed debt, among others.
In this event, panelists will discuss how climate financiers can actively become agents of transformation under higher interest rates. How can climate financiers lead the charge to identify, innovate, and adapt to this new economic environment? What strategic challenges may climate financiers face in emerging markets in the future and how can they resolve them? CPI Senior Advisor Vikram Widge will participate with:
- Jane Wilkinson, Principal and Head of Climate and Environment Practice, Abt Associates
- Amal-Lee Amin, Managing Director, Head of Climate, Diversity & Advisory, British International Investment.
- Jiwoo Choi, Chief of Strategic Initiatives, Acumen
- Manuel Bueno, Director of Climate Finance, Abt Associates
Financing Resilience Implementation Lab
Wednesday 9 November; 14:30- 16:00
The lab will bring together ‘macro’ institutional efforts to address Physical Climate Risk, ‘micro’ solutions that are already being demonstrated in this area, particularly in the global south, along with innovative financing vehicles and projects that help funds flow in between the macro and micro – with the hope that this dialogue can further enable bringing these actors together – that is to scale up the lessons learned from the micro solutions, to be addressed at the macro level where risks are aggregated and enable the flow of data and capital between the two.
CPI Senior Analyst Morgan Richmond will speak on the panel.
Unlocking finance for climate resilience innovation in Africa
Wednesday 9 November; 14:30-15:30
Climate Justice Pavilion
A recent report by CPI estimates that Africa needs $277 billion annually to meet its 2030 climate goals. But annual flows into the continent fall well short of this, currently standing at less than $30bn, with the private sector capital contributing only 14% of this. While Africa strikes a better balance between finance for adaptation and mitigation than other regions, given the significance of the shortfall in absolute terms, it is estimated that funding for adaptation needs to increase at least 6-fold in order to meet growing needs.
This panel, organized by FSD Africa, will explore how investment flows can be harnessed to support startups that build the climate resilience of vulnerable households and businesses at the nexus of technology and finance. It will include investors, experts, and leading innovators in carbon markets and the blue economy to discuss how we can catalyze adequate financing toward resilience solutions on the continent to inspire and attract others to this space. CPI Senior Consultant Jonathan First will speak on the panel.
Catalyzing Investments for Resilient Smallholder Agriculture
Wednesday 9 November; 16:00 – 17:00
The ClimateShot Investor Coalition (CLIC) and the Global Innovation Lab for Climate Finance, both of which CPI is the Secretariat for, will host a session that will bring together leaders, implementers, and investors from initiatives working to mobilize finance into resilient smallholder agriculture globally. The event will showcase success stories and discuss bankable opportunities to de-risk and invest in low-carbon, resilient agriculture, and finance efforts to increase adaptation of SMEs and vulnerable smallholder producers.
CPI’s Global Managing Director Barbara Buchner will moderate the session with speakers:
- Abyd Karmali, Managing Director, Climate Finance at Bank of America
- Jacqueline Novogratz, Founder and CEO of Acumen
- Jyotsna Puri, Associate Vice President, IFAD
- Jan Stockhausen, Chief Legal Architect, Etherisc
Financing decarbonisation: From de-risking to shaping public-private collaboration
Wednesday 9 November; 17:00 – 18:00
This event will convene a high-level panel discussion focused on the urgent need for public sector leadership in augmenting the financial flows directed towards climate action.
CPI’s Global Managing Director Barbara Buchner will participate with cofirmed speakers:
- Dr. Hala El Said, Minister of Planning and Economic Development, Egypt
- Dr. Jeffrey Sachs, Director of the Center for Sustainable Development, Earth Institute, Columbia University
Financing the Transition
Wednesday 9 November; 18:15
CPI’s Morgan Richmond will speak at this event.
The CEOs’ perspective: Enhancing economic resilience in the face of multiple crises – the transformation of development banks
Thursday 10 November; 10:00 – 11:00
Barbara Buchner will moderate this session, which will look both into institutional transformation as well as innovative product offerings enhancing resilience and driving transformation. The main focus will be on climate aspects, and the session will also touch upon compounding effects from other crises. Speakers will include:
- Joanne Bate (COO IDC – Industrial Development Corporation / South Africa)
- Serge Ekué (President BOAD – West African Development Bank)
- Rémy Rioux (CEO AFD – Agence Française de Développement)
- Kampetta Sayinzoga (CEO BRD – Development Bank of Rwanda)
- Admassu Tadesse (President Emeritus and Managing Director TDB – Trade & Development Bank / Africa)
- Stefan Wintels (CEO KfW – German Development Bank)
How to finance resilience for smallholder farmers at scale? The role of regulation, risk disclosure and locally led adaptation
Thursday 10 November; 15:00-16:30
CPI’s Daniela Chiriac will speak at this session, organzied by YAPU Solutions, which will focus on the barriers to scale financing for smallholder farmers in the areas of regulation, risk disclosure, and locally-led adaptation. The second part of the session will focus on solutions to these barriers in more short-term and long-term scenarios.
Climate Law and Governance Day 2022
Friday 11 November; 09:00 – 18:00
Climate Law and Governance Day 2022 will focus on Implementing Climate Commitments through Policy, Law & Practice. This event features a full global symposium of distinguished plenaries and 16 fascinating and intensive parallel sessions hosted by world-leading partners featuring world-class legal and public policy experts, judges, negotiators, professors and practitioners, including leading general counsel of international organizations committed to implementing the Paris Agreement.
Climate Policy Initiative is hosting an experts panel on promoting climate and forest legislation, implementation and governance in Brazil together with LACLIMA, Instituto Clima e Sociedade (iCS) and Clima de Eleição. The panel aims to discuss different perspectives on operationalizing the Paris Agreement in Brazil through legal and governance pathways. CPI will analyze how the current legislation implements the Paris Agreement in the land use sector, as deforestation is the biggest challenge for climate change mitigation in Brazil, focusing on the role of Brazil’s Forest Code, as well as the respective subnational legislations, and identifying key challenges.
Moderator: Ana Cárcamo, Legal Analyst, Climate Policy Initiative
- Joana Chiavari, Associate Director, Climate Law and Governance, Climate Policy Initiative
- Caroline Prolo, Executive Director, LACLIMA
- Marina Marçal, Coordinator of Climate Policy, iCS
- João Cerqueira, Co-Founder and coordinator of Institutional Relations, Clima de Eleição
Financing low carbon, resilient and inclusive cities through multi-level governance
Friday 11 November; 12:00 – 13:30
Multi-level Action Pavilion
Cities, regions, national governments, and investors must work together to not only increase access to finance but also target it innovatively and strategically. This event will bring together experts and practitioners to discuss and share examples of how to effectively finance low carbon, resilient, and inclusive cities through multi-level action. CPI’s Global Managing Director, Barbara Buchner, will speak during this event.
A Common Language for Climate Finance and Paris-Aligned Finance Flows
Friday 11 November; 13:00 – 14:30
Joint MDB Pavilion
Over the years, climate finance has evolved into green financing, to incorporate environmental finance. A further proliferation of “climate terminology” has taken place where we now also see terms such as sustainable finance, transition finance, low-carbon finance, adaptation and mitigation finance, Paris aligned finance and climate aligned finance. This makes it increasingly difficult to understand and distinguish between different types of financial streams. In a similar fashion, concepts like Paris aligned, resilience, low-carbon and net-zero are used interchangeably for projects that comply more (or less) with the goals of the Paris Agreement.
CPI Senior Analyst Morgan Richmond will participate in this event.
Leveraging Climate Finance for a Just Transition in South Africa
Saturday 12 November; 9:00 – 10:30
Joint MDB Pavilion
As a member of the Joint Multilateral Development Bank (MDB) Pavilion at the twenty-seventh United Nations’ Conference of Parties (COP27) in Sharm El Sheikh, the New Development Bank (NDB) will host a side event on “Leveraging Climate Finance for a Just Transition in South Africa”. Organized jointly with the Development Bank of Southern Africa (DBSA), this high-level event will examine South Africa’s vision and efforts to shift to an equitable, zero-carbon economy. It will also highlight the challenges and opportunities for development finance institutions (DFIs) to support South Africa and other developing countries in making a just transition towards low carbon developmental trajectories.
CPI’s Vikram Widge will speak on this panel.
What does it takes to accelerate private sector engagement in adaptation? Roles of DFIs
Saturday 12 November; 11:00 – 12:30
Joint MDB Pavilion
Barbara Buchner will speak at this side event, which will discuss the roles of DFIs in supporting the scaling up of private sector engagement in adaptation. It aims to highlight key resources, instruments, and emerging opportunities, including key levers that could be applied through upstream policy engagement and analytical efforts, as well as downstream practices related to investment structuring and finance instrument deployment.
How can national and local governments scale finance for urban climate adaptation and resilience?
Saturday 12 November; 13:15-14:30
The Cities Climate Finance Leadership Alliance, in partnership with the United Nations Environment Programme (UNEP) and UrbanShift, will facilitate a dynamic discussion with city leaders, national government policymakers, and urban climate finance experts. Ahead of the event, CCFLA will publish a call to action with key messages and information for national policymakers to consider on urban climate adaptation finance. This event will serve as a formal launch of the call and open the dialogue on how the messaging can be taken forward by inviting and engaging with national policymakers directly.
Barbara Buchner and Vera Rodenhoff, Head of Division, KC1- General Issues of International Cooperation, Implementation Initiatives at Federal Ministry for Economic Affairs and Climate Action (BMWK) will provide opening remarks, and Priscilla Negreiros will moderate the event with speakers:
- Mayor Abigail Binay, City of Makati, Philippines, CCFLA City Ambassador (virtual)
- Gabriela Blatter, Principal Policy Advisor for International Environment Finance, Swiss Federal Office for the Environment
- Harry Boyd-Carpenter-Managing Director for Green Economy and Climate Action (GECA), European Bank for Reconstruction and Development
- Nikklas Hagelberg, Senior Programme Management Officer/Coordinator of Climate Change, United National Environment Program (in – person)
- Joseph Muturi–National community leader of Muungano wa Wanavijiji, Kenyan Slum Dweller Federation
Breaking down barriers for an Agriculture Breakthrough: Putting the Breakthrough Report recommendations into action
Saturday 12 November; 18:30 – 19:15
Food Systems Pavilion
In November 2021, during COP26 in Glasgow under the United Kingdom Presidency, world leaders launched the Breakthrough Agenda. The Breakthrough Agenda commits countries to work together to make clean technologies and sustainable solutions the most affordable, accessible, and attractive option in high-emitting sectors globally before 2030. One of the priority sectors of the Breakthrough Agenda is agriculture, focusing on “making climate-resilient, sustainable agriculture, the most attractive and widely adopted option for farmers everywhere by 2030.”
This session will dive deeper into the recommendations for the Agriculture Breakthrough on R&D investment priorities, climate finance, policy action and other public sector-led interventions in the agriculture sector, and the metrics and indicators needed to track progress globally on the adoption of climate-resilient, sustainable forms of agriculture. We’ll focus on the next steps for putting those recommendations into action towards COP28 under strong UK leadership.
CPI’s Daniela Chiriac will speak on the panel.
High-Level Roundtable on Just Transitions: Business, Human Rights, and Climate Action
Saturday 12 November; 18:30 – 20:00
Room Akhenaten (150)
In this official UNFCCC side event, CPI, Institute for Human Rights and Business (IHRB), Laudes Foundation, and Institute for Sustainable Communities (CSI) will organize a roundtable assessing emerging global practice on the social imperatives of transitions out of high-carbon industries, transitions into low carbon and renewable energy systems, and the government and investor leadership required to ensure justice and equity are at the center of transition planning.
Speakers will include:
- Andreas Ahrens, Head of Climate Agenda, IKEA
- Barbara Buchner, Global Managing Director, Climate Policy Initiative
- Joan Carling, Executive Director of Indigenous Peoples Rights International
- Cristina Gamboa, CEO, World Green Building Council
- Leslie Johnston, President, Laudes Foundation
- John Morrison CEO, Institute for Human Rights and Business (IHRB)
- Megha Nath, Program Manager, Energy & Environment, Institute for Sustainable Communities
- Mary Robinson, Chair of The Elders; IHRB Patron
World Climate Summit
Sunday 13 November; 11:30 – 12:30
CPI’s Global Managing Director Barbara Buchner will moderate a session on “Mobilising Finance for Adaptation – Harnessing Untapped Potential.” Speakers will include:
- Dominic Jones, Senior Vice President Business Development & Partner Development, Everbridge
- Peter Damgaard Jensen, Co-Chair, Climate Investment Coalition
- Daouda Ndiaye, Lead Climate Change Specialist, Islamic Development Bank
Jump-Starting Methane Finance to Realize the Global Methane Pledge
Monday 14 November; 12:30 – 13:30
Zero Carbon Future Pavilion
This event, organized by the Clean Air Task Force, will include background and context on the need to step up methane abatement finance along with new and recent announcements to deliver methane abatement finance.
Catalyzing Finance for Strengthened Water Resilience in African Cities
Monday 14 November, 14:00 – 15:30
Lotus Action Room
This event, organized by WRI, will explore ideas for systems change aimed at accelerating climate action and catalyzing the transition to a regenerative and just world. Adopting a roundtable format, this event will bring together high-level representatives drawn from the private sector, international development agencies, and development banks to talk about achieving meaningful progress in building resilience to the growing urban water risk in Africa.
Leveraging Land Value Capture to Achieve Climate Goals in Cities
Monday 14 November, 16.30 – 17.30
Francisco Martes Porto Macedo, Program Associate for the Cities Climate Finance Leadership Alliance, will participate in this event, which will provide insights from the OECD-Lincoln Global Compendium of Land Value capture policies,which are a joint project by the OECD and the Lincoln Institute of Land Policy, to understand the full landscape of land value capture instruments, how they are configured and deployed across the globe in OECD countries and non-OECD economies, and what it would take to unleash their full potential as a sustainable revenue source.
Accelerating Cities Climate Action through Innovative Solutions, Public-Private Collaboration and Finance Access
Tuesday 15 November; 10:00 – 11:30
This event aims to underline actions being taken by public and private stakeholders to face such a finance challenge and accelerate the transition to a low-carbon, competitive economy.
It will bring representatives from French cities, French companies and economic actors, as well as from the City Climate Gap Fund awarded cities and climate finance stakeholders to dialogue around the impact, learnings, and challenges of cities’ finance access to accelerate transition towards a low-emission and climate-resilient future.
Operationalizing a Scalable and Sustainable Energy Transition Mechanism (ETM) for Asia and the Pacific
Thursday 17 November; 8:30 – 10:00
The Government of the Republic of Indonesia, the Government of the Republic of the Philippines, and the Asian Development Bank (ADB) announced a partnership in November 2021 at the 26th UN climate change conference (COP26) to design and launch the Energy Transition Mechanism (ETM) to accelerate the transition from coal to clean energy in Southeast Asia, in a just and affordable manner.
This event aims to:
- Update the global community on the progress of the ETM initiative overall and in the pilot countries;
- Showcase messages of support to the ETM from development partners;
- Provide a platform for discussion on the technical, financial, social and environmental aspects of energy transition envisioned under the ETM; and
- Highlight upcoming ETM activities in Southeast Asia, South Asia and Central and West Asia.
CPI Associate Director Vivek Sen will participate in this event.
Domestic Climate Finance Mapping and Planning: Challenges and Opportunities
Thursday 17 November; 11:00 – 12:00
NDC Partnership Pavilion
Monitoring public and private spending and investment patterns is essential for countries to achieve their Nationally Determined Contributions (NDCs). However, critical gaps exist in tracking and reporting such flows, at national, regional and global levels. There is a clear need for greater coordination and collaboration on harmonized approaches and robust information systems by both public and private sector to assess their progress under the Paris Agreement. This event, organized by Climate Policy Initiative, European Forest Institute, and UNDP aims to:
- Share methodologies, tools and best practices among the community of practitioners to map national climate finance flows (public and private).
- To identify priorities to advance finance mapping and planning that effectively contributes to implementing the NDCs.
- Discuss relevant international reporting requirements and transparency efforts under the Enhanced Transparency Framework (ETF) and what support is needed going forward.
Speakers will include:
- Irene Karani, Director, Africa Climate, CIFF
- Louise Kessler, Program Director, Institute for Climate Economics
- Chavi Meattle, Senior Analyst, CPI
- Daisy Mukarakate, Regional Climate Policy Advisor, UNDP Regional Service Centre for Africa
- Dipak Patel, Head, Climate Finance and Innovation, PCC, South Africa
- Henning Wuester, Director, UNOPS
Net Zero Carbon Buildings in Cities: Getting the Policy Right
Thursday 17 November; 12:00 – 13:00
GlobalABC Buildings Pavilion
The Cities Climate Finance Leadership Alliance (CCFLA), with the support of the German Federal Ministry for Economic Co-operation and Development, has kick-started a major effort in 2022 to highlight the importance of financing net zero carbon buildings at the city level. At COP 27, CCFLA will convene city stakeholders to discuss city-level policies and financing modalities that can facilitate public and private investment in low-carbon buildings.
The objective of this event is to:
- Present the initial findings of CCFLA’s zero carbon building instruments city guide and reflect on the main barriers to investment and financial and non-financial/policy solutions.
- Convene a high-level panel of experts to discuss possible solutions that will improve national policies that, in turn, will attract investment.
- Increase awareness of the need to address policy gaps to scale investments in net zero carbon buildings.
Marrakech Partnership Implementation Lab: Actionable Adaptation Plans
Thursday 17 November; 14:00
Lotus Room, Action Zone
This adaptation event, within the Marrakech Partnership Implementation Labs, will consist of a fireside chat with high-level speakers who will present case studies of cities, states, and regions that have had success in implementation of adaptation and resilience building actions, by a) understanding the challenges that cities (states and regions) face in implementation, b) showcasing the importance of using data to develop new plans or to climate proof existing plans to integrate aspects of resilience across urban planning and decision making, and c) demonstrating the importance of multi-level governance for enhanced collaboration and resilience building implementation.
Smart financing to scale up RE and e-mobility through customer-driven business models in Africa
Thursday, 17 November; 14:00 – 15:00
NDC Partnership Pavilion
Given that renewable energy technologies and e-mobility are capex intensive, there is a need to develop business models that address the high upfront costs, while also ensuring a sustainable return on investment. Africa’s energy challenges can’t be met alone with energy efficiency ESCOs, and hence there is a need and an opportunity for ESCOs to offer Renewable energy and e-mobility solutions.
Associate Director Vivek Sen will participate in this roundtable discussion on possible interventions and use of philanthropic funds to accelerate and scale on-site, on-grid, and on-road technology solutions in Africa through customer-focused business models and financing instruments.
Turning pledges into inclusive and equitable actions: Synergistic Implementation of Climate and the SDGs
Monday, November 14th; 8:30-9:45
Hybrid Event at SDG Pavilion | Blue Zone – Area B, P29
During this interactive discussion, lead experts from a variety of backgrounds, including CPI’s Chavi Meattle will explore how harnessing synergies across the 2030 Agenda for Sustainable Development and the Paris Agreement can at the same time help advance inclusive and just transitions. Speakers will share practical insights on incorporating a “climate and SDGs” lens into their areas of work, from science and policy to financing and delivery of development co-benefits, towards more equitable, fair, and resilient outcomes.