Climate Policy Initiative will be hosting or speaking at several events in the margins of the 2019 UN Climate Action Summit, September 23-27 in New York City. _____________________________________________________________________________________________________________
Building a Resilient FutureInvite only September 22, 8am-6pm University Center, The New School – 63 Fifth Avenue Convened by Global Resilience Partnership and sponsored by UK’s Department for International Development, this event aims to reinforce the UN Climate Action Summit focus on resilience. The event will feature interactive sessions that highlight actions and commitments towards a climate-resilient future. CPI’s Bella Tonkonogy, Associate Director, will facilitate a discussion on resilient cities, infrastructure and energy systems, and Morgan Richmond, Analyst, will present CPI’s research on adaptation finance tracking from the Global Landscape of Climate Finance. ____________________________________________________________________________________________________________
Partnerships for ambition: Unlocking the full potential of Climate ActionInvite only September 22, 10am-1pm UN Headquarters Dr. Barbara Buchner, Executive Director at CPI, will participate in a panel discussion on “Developing new kind of partnerships to accelerate urban transitions.” ______________________________________________________________________________________________________________
The Energy Action ForumSeptember 22, 2-7pm Ford Foundation Center for Social Justice Dr. Barbara Buchner, Executive Director at CPI, will moderate a session on “Finance & Investment” at The Energy Access Forum. Barbara’s session is part of the “Energy Transition Track’s Future” workshop, which will identify key drivers accelerating the energy transition, and aims to collaboratively improve and elevate the approach. The Energy Action Forum is a convening of high-level stakeholders demonstrating a leap in collective ambition to progress on the Energy Transition Track within the UN Climate Action Summit, co-led by Denmark, Ethiopia and Sustainable Energy for All in collaboration with the UN Climate Action Summit Team. Learn more. _______________________________________________________________________________________________________________
Acceleration Workshop: Zero Emission Bus Rapid-deployment Accelerator (ZEBRA)Invite only September 23, 8:30am-2pm As a side event to the UN Global Climate Action Summit, P4G is convening a group of government, business, philanthropic and investor leaders to share their expertise to accelerate its Zero Emission Bus Rapid-deployment Accelerator (ZEBRA) partnership. Participants will identify next steps that will shape discussions at upcoming C40 Mayors Summit and COP25 Climate Change Conference 2019. CPI’s Associate Director Bella Tonkonogy will speak during a panel discussion and facilitate a roundtable at this event. _______________________________________________________________________________________________________________
Joint Expert Workshop on Paris AlignmentInvite only September 24, 9am-12pm 4W43 Building – Social Hall, 4 West 43rd St. In the margins of the UN Climate Summit, the Climate Action in Financial Institutions Initiative is organizing an expert workshop on Paris Alignment in partnership with the International Development Finance Club (IDFC) and the group of Multilateral Development Banks (MDBs) with support from the European Climate Foundation. CPI’s Bella Tonkonogy, Associate Director and Alex Clark, Analyst, will present CPI’s research on Paris Alignment for DFIs, “Implementing Alignment with the Paris Agreement: Recommendations for the Members of the International Development Finance Club.” _______________________________________________________________________________________________________________
Investing for a Sustainable Future
September 24, 2:30-4:30pm The Climate Week NYC HubThis session looks at the level of investment needed for companies to lead the way in delivering a low-carbon economy at an accelerated pace. It will also explore how companies can align retirement options with their sustainability strategies to achieve greater impact and remain both a resilient and attractive employer for future generations. To achieve a clean economy that keeps global warming below 1.5°C, we need to significantly increase investments in the companies and projects that deliver a low-carbon future. Leading businesses are making commitments on renewables, EVs and innovative technology because ambitious action is needed to protect both our planet and the future of their business. These companies can also better attract and retain employees looking to work for businesses that align with their values. One way to do this is by offering ESG retirement options that support climate action while promising equal or better returns. Dr. Barbara Buchner, Executive Director at CPI, will provide a keynote address on “Facilitating Investments towards a 1.5°C Future.” The event will be livestreamed here. _______________________________________________________________________________________________________________
Driving ambition and scaling finance for sustainable infrastructure in citiesInvite only September 25, 4-7pm 470 7th Avenue, Floor 4 Over the next 15 years, USD 93 trillion of low-emissions and climate-resilient infrastructure will be needed to meet the objectives of the Paris Agreement on Climate Change. According to The State of City Climate Finance 2015 report, more than 70% of this infrastructure will be built in urban areas, at a cost of US$4.5 to US$5.4 trillion per year. Current investment in low-carbon, climate-resilient infrastructure, however, is falling far short of these goals. In response to this need, several major initiatives are actively working to mobilize public and private investments and close this financing gap in sustainable and resilient infrastructure in cities. This event, convened by Climate Policy Initiative, the German government, the Global Covenant of Mayors, and the Cities Climate Finance Leadership Alliance, together with the World Bank Group, Global Infrastructure Facility, and United Nations Development Programme (UNDP) under the auspices of Invest4Climate, is designed for leaders in city-level climate finance, including cities, regulators, companies, financiers and other stakeholders. For more information, please contact firstname.lastname@example.org _______________________________________________________________________________________________________________
Global Innovation Lab for Climate Finance Endorsement and Launch MeetingInvite only September 27, 10-11:30am The Rockefeller Foundation The Lab, of which CPI is Secretariat, is a public-private initiative that finds, develops, and launches transformative financial instruments to mobilize private climate finance at scale. In just five years, the Lab has mobilized US$ 1.9 billion in capital for concrete projects addressing renewable energy, energy efficiency, land use, and climate adaptation programs around the world. The Lab Endorsement Meeting will bring together Lab Member institutions to potentially endorse and launch into market the six instruments from the Lab’s class of 2019:
- Restoration Insurance Service Company (RISCO) for Coastal Risk Reduction is a social enterprise that restores and conserves coastal mangrove habitats.
- Blockchain Climate Risk Crop Insurance is a standardized, digital index insurance platform for smallholder farmers in sub-Saharan Africa that increases crop resilience to climate change.
- The West African Initiative for Climate Smart Agriculture is a blended finance fund to support the uptake of climate-smart agriculture practices by smallholder famers in West Africa.
- Solar Securitization for Rwanda is a tradeable asset-backed security that expands the solar home system market and increases energy access in East Africa, by helping solar developers reduce their debt and free up capital for expansion.
- Cooling as a Service is a pay-per-service model for more energy efficient commercial cooling systems, helping to decrease energy consumption and reduce potent greenhouse HFC gas emissions.
- The Breathe Better Bond Initiative is a municipal bond for cities in developing countries, that invests in sustainable urban infrastructure projects that reduce both air pollution and greenhouse gas emissions.