France Stratégie and the Chair Energy et Prosperity are teaming up to organize a workshop on the contribution of the financial system to the energy transition and climate stabilization. The target of 2°C adopted at COP21 – and to a greater extent the 1.5°C goal – necessitates a profound transformation of the financial sector’s incentives and regulations. Economists and experts are only just beginning to examine the macroeconomic and financial repercussions of the transition, with issues such as stranded fossil fuel reserves/capital stock and infrastructure, a drop in the value of financial assets and systemic implications looming large. One thing is clear though – the financial regulation/climate policy nexus will be the next challenge in the climate agenda.

Workshop’s programme

-9h30 16h Two Research Session on “Financial transition risks and the economy” (one on global and theoretical debates and the other on country-specific studies)

-16h-18h – Policy session : How to make the 12th December Paris Summit deliver on greening finance ?

The policy agenda for the end of 2017 may open up the opportunity for new commitments in this respect. Between COP23, the December 12 conference in Paris and the conclusions of the G20 in Germany, the ambition would be to agree on a few key elements to help shape a sustainable financial system, for instance, on climate-related disclosure, green bonds and climate-related financial regulation. This high-level policy session will offer different stakeholders’ positions on this issue, including the finance industry, the academic side, the regulatory body and the French government.
Participants : Barbara Büchner (Climate Policy Initiative – TBC), Laurent Clerc (Banque de France), Pierre Ducret (CDC – I4CE), Alain Grandjean (Carbone 4), Tim Jackson (Surrey University),
Conclusion by Brune Poirson (French Minister of the Environment, in charge of the Energy Transition)

General Information

Date : october 11 (9h-18h)

Place : France Stratégie – 18, RUE DE MARTIGNAC – 75007 PARIS

Registration

-The two research sessions (from 9h to 16h) are restricted to researchers. If you want to subscribe, please contact espagnee(at)afd.fr or antonin.pottier(at)mines-paristech.fr

-The policy session (16h-18h) is open to the public.  You can registrate here >>>