A Paris Climate & Nature Week with a touch of ‘green budget’
We were proud to contribute to the inaugural Paris Climate & Nature Week hosted by Sciences Po from 27 to 29 October, marking the 10 years of the Paris Agreement. I4CE weighed in on some of our core topics– lessons learnt over the past decade of climate action which can accelerate the transition; the links between climate and development finance; as well as adaptation and the cost of inaction.
We also announced the Julie Evain Prize for young professionals engaged in the transformation of the financial sector in memory of our colleague, her work and her dedication. More details will follow in spring 2026, with the first prize to be awarded next autumn during the next Paris Climate & Nature Week, under the patronage of Pierre Ducret.
The French government couldn’t have picked a better moment than this week of reflection on climate action to release both the “green budget” tied to the 2026 draft finance bill and the second multi-year strategy for financing the transition. These two documents are cornerstones in the assessment of current funding for the climate transition and the estimate of public investment needs going forward. They usefully complement the draft budget, adding clarity and context to the fiscal debate. We will come back to this before the end of the year.
There is, however, still no news on the third Multi-Year Energy Programme (PPE), even though everything appears ready for signature. Interested readers may wish to read again our column in Les Échos, published in September, with an analysis that remains highly relevant. There is also no news on the sixth phase of the Energy Savings Certificates (CEE) scheme, which remains one of the pillars which the government counts on to finance the transition in a tight budget context. More on this… in due course.
