Clean Energy Ministerial 12 Side Event: Mobilizing Global Finance to Expand Clean Energy Markets
The transition to clean energy has never been more urgent. If we are to mitigate the climate crisis, the world must transition away from fossil fuels at an unprecedented rate. This moment is critically important: as countries rebuild from the shock of COVID-19, they also have a unique opportunity to cut emissions and create new growth by deploying renewables and electrifying their economies. But to do this, governments must work to accelerate investment in renewables. Where are we and what are the mechanisms to finance clean energy in a post-COVID world? What are the risks and how can they be avoided?
This Clean Energy Ministerial side event will explore how governments can accelerate clean energy adoption with new frameworks, how public-private collaboration can reduce risk to scale investment, and how partnerships like the International Solar Alliance can mobilize clean energy finance. New, relevant research will be released from World Resources Institute and Ørsted presenting recommendations on how governments can unlock private investment.
Speakers
- Francisco Javier López, Undersecretary of Energy, Ministry of Energy, Chile (host)
- H.E. Tomas Anker Christensen, Climate Ambassador, Denmark
- Dr. Ajay Mathur, Director-General, International Solar Alliance
- Filip Engel, Vice President of Sustainability, Public Affairs and Branding, Ørsted
- Jennifer Layke, Global Director, Energy, World Resources Institute
- Elbia Gannoum, CEO, ABEEólica; Vice Chair, Global Wind Energy Council
- Helen Mountford, Vice President for Climate and Economics, World Resources Institute (moderator)