Events

The window of opportunity to remain below 1.5°C is rapidly closing. Public development banks (PDBs) need not only to increase the volume of climate finance, but also maximize the climate transformation achieved through their operations. Paris alignment commitments are crucial in this regard, but implementation requires continuous improvement and adjustments to adapt to an evolving context and real-world needs. The session will discuss best practices and shortcomings of existing approaches, drawing key directions for further progress towards a financial international architecture that sufficiently addresses our mounting climate crisis.

The European Green Deal has been a top priority for the European Union. Since 2019, EU institutions set ambitious targets, adopted bold carbon pricing reforms, and passed hotly debated legislation. The Green Deal’s success will be measured by its capacity to trigger structural changes in the EU economy, to deliver prosperity, resilience and social fairness while reducing greenhouse gas emissions. In practice, this means millions of companies, local authorities and families investing to renovate buildings, acquire heat pumps, buy electric cars, and modernise transport and power networks.

The Finance in Common Summit in September will be an opportunity to focus more specifically on the role of national public financial institutions in the new global financial architecture, which is currently being thoroughly discussed. National public financial institutions represent the largest amount of public development finance and account for 12% of global (public and private) investments. They will have an important role to play in locally financing the transition and contributing to shape demand, as infrastructure investors, private finance mobilisers and investment innovators. Additionally, they can influence local market practice and disseminate alignment practices. 

In 2022, a global consensus was reached on the need to reform the global financial architecture, considered no longer “fit for purpose”. While most discussions focus on how to reform development finance institutions (DFIs), too little attention is paid to the concrete needs of developing countries and what the transition to low-carbon and resilient economies means for them.  

In 2022, a global consensus was reached on the need to reform the global financial architecture, considered no longer “fit for purpose”. 2023 will be busy with many events organised to address different parts of the financial architecture reform agenda. The Spring Meetings of the World Bank and the International Monetary Fund represent the first key milestone in this agenda.

The Green Finance Research Advances is an International Research Conference for academics and professionals, co-organized by Banque de France and the Institut Louis Bachelier, with the participation of Finance for Tomorrow and the Institute for Climate Economics-I4CE.

La 6ème édition de la conférence annuelle “Green Finance Research Advances”, organisée par la Banque de France en partenariat avec l’Institut Louis Bachelier..

The conference is the 4th edition of a yearly event co-organized by Institut Louis Bachelier and Banque de France, with the participation of Finance For Tomorrow and the Institute for Climate Economics -I4CE.

Financial actors are already exposed to the impacts of climate change on the real economy as illustrated by PG&E’s bankruptcy in early 2019. While financial institutions need to prepare for physical climate risks now, they face a lack of science-based information relevant for their decisions.

On the sidelines of the UN Climate Action Summit, I4CE as the Secretariat of 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 (ECF).

The “State of the EU ETS” Report aims to provide an independent contribution to the policy debate, which is needed to ensure that the EU ETS is “fit for purpose”. This report discusses the current state of play in the EU ETS and the recent policy developments, analyses the efficiency of the system and includes a focus on the Market Stability Reserve (MSR) which started operating in January 2019.

On March 15th, 30 experts from governments, academia, think-tanks and public banks met in Berlin to lay the foundations for a new European network on climate finance. It intends to accelerate the tracking of climate and energy investments, and to improve the understanding of investments needs in order to support policy making at the EU level and in Member States.

This first event of the collective will provide an opportunity to take stock of climate investments in France, with the release of I4CE’s new edition of the Landscape of Climate Finance, and will enable MEPs from all political groups to propose reforms to accelerate these investments.

The objective of the day is to bring together academics, finance practitioners and regulators to discuss together the recent research advances in the field of modelling climate-related financial risks, provide a better understanding of the role of central banks in addressing these risks, and formulate the relevant research agenda for the years to come.

International speakers were invited to bring their insights and share their experience. How to use the revenues of the carbon tax to make it more efficient and acceptable? How to support households and in particular the most vulnerable? Find the interviews and presentations of the speakers, as well as the summary of the discussion.

Context  Following the publication of a policy brief in April, I4CE and Enerdata release the full report « Mind the gap: aligning the 2030 EU climate and energy policy framework to meet long-term climate goals ». The study analyses and quantifies the interactions within the energy and climate framework, and describes policy options to implement an ambitious and coherent policy […]