Investor expectations on climate policy: from Cancun to Durban
Webinar hosted by the PRI in conjunction with IGCC, IIGCC, INCR and UNEP FI
COP 16 in Cancún did not lead to a vastly improved climate policy environment – but the negotiations did reaffirm the overall policy commitment on climate change. This webinar brought together a UNFCCC representative and financial institutions from different regions to share perspectives on the implications of the Cancún Agreements for investment, and debate what more is needed at national, regional and international levels for private finance to flow in support of a low carbon economy.
While the Cancún Agreements did not provide long-term certainty or a vastly improved climate policy environment, the negotiations did make progress in key areas and reaffirmed the overall policy commitment on climate change. Following on from the 2010 Global Investor Statement on Climate Change this IIGCC, INCR, IGCC, UNEP FI and PRI webinar brought together key financial institutions from different regions and a UNFCCC representative to consider the progress made in Cancún, and expectations and challenges that remain in the run-up to the next UN climate talks (COP17) in Durban, South Africa in Dec. 2011.
Eric Hall of the UNFCCC reported on key developments within the Cancún Agreements, while investors from Europe, the US, and South Africa shared their perspectives on the implications for investment. They debated what more is needed at national, regional and international levels for private finance to flow in support of a low carbon economy and explore opportunities for continued dialogue with policymakers prior to COP17.
Click on the presenter's name or title to download the mp3 file
- Bruce Kahn, Director and Senior Analyst, Deutsche Asset Management