I4CE’s French Landscape of Climate Finance supporting French-German comparison of financing the energy transition
The conference brought together more than 180 participants from government, industry, research and civil society. They discussed potentials and different approaches to financing the energy transition in France and Germany.
In the first part of the conference, there was an exchange on the objectives of the energy transition in both countries as well as a discussion on the challenges posed by the achievement of these objectives in the sectors of heat, transport, and energy. In a second time, exchanges focused on the specificities of financing the energy transition in the electricity sector. During the afternoon, the first discussion on current developments was followed by a presentation of the different financing models for the deployment of renewable energies.
The following questions were addressed during this conference, in a Franco-German context:
- What instruments to respond to the trilemma of energy policy and what contribution will / can each sector make?
- What regulatory challenges for financing arise in the context of the energy transition in France and Germany?
- What financing models have proven successful and what are the reasons?
- What financing for renewable energy in the future?
I4CE’s work in France was presented side-by-side with an update to similar work conducted in Germany on the building sector by IKEM, in a presentation titled “Actors, financial flows and trends in financing the energy transition in France and in Germany“
I4CE agrees that as IKEM presented, there is a need for convergence of practice in tracking climate finance. While the specificity of each country’s climate targets and objectives must be taken into consideration, it is important to work towards comparability in tracking climate financial flows, sectorial results, and address the varying availability of climate investment finance data. I4CE has been working with the European Environmental Agency on this topic since 2016. Please find our joint policy brief here.
All presentations from the day can be found here.