CARBONOMICS

The path to net zero

Winter 2023

In partnership with

The role of carbon pricing in meeting energy goals

Carbon prices can help prevent energy price shocks, but they are not the only tool available, argue Assia Elgouacem, acting head of tax and the environment, and Jonas Teusch, economist, tax and the environment, Organisation for Economic Co-operation and Development.

Sustainable Finance Policy Tracker

The Sustainable Finance Policy Tracker provides a comprehensive overview of different countries’ approaches to mitigating climate risks in the financial sector.

Carbon border adjustment mechanism may not be right for UK

The UK should be cautious of jumping on the CBAM bandwagon, explains Sanna Markkanen, research programme lead and senior analyst, Cambridge Institute for Sustainability Leadership, University of Cambridge.

Reducing emissions reduces banking losses

Banks need to get to grips with their clients’ carbon footprints, explain Marco Belloni, assistant vice president, Swiss Re, Friderike Kuik, economist, and Luca Mingarelli, financial stability expert, European Central Bank.

Government incentives delivering green transition

The ‘carrot and stick’ approach is being deployed around the world, write Ben Meng, chairman of Asia Pacific, and Anne Simpson, global head of sustainability, Franklin Templeton.

Carbon finance is at the core of climate goals

Many countries are looking to carbon markets and SLBs to address climate change, write Marcus Pratsch, head of sustainable bonds & finance, and Frank Scheidig, global head of senior executive banking, DZ BANK.

Financing the fossil fuel phase out

Alex Michie, lead of the central secretariat for the Glasgow Financial Alliance for Net Zero, spoke with Emma McGarthy, head of OMFIF’s Sustainable Policy Institute, on scaling up renewable finance.

Leveraging carbon markets to enable private investment

Addressing climate goals cannot be achieved through public resources alone, write Sandhya Srinivasan, senior climate change specialist, Stephanie Rogers, senior financial specialist, and Rachel Mok, climate change specialist, World Bank.

Disentangling India’s new national carbon market

Certain design features pose risks to effective decarbonisation, write Kamya Choudhary, India policy fellow, and Rob Macquarie, policy analyst and research adviser to Lord Stern, Grantham Research Institute on Climate Change and the Environment, London School of Economics.

Global energy crisis: security, transition and investment

This roundtable discusses the security implications of the global energy crisis, its potential to accelerate the green transition, how to scale up investment in clean energy and what governments can do to incentivise this.

Focus on nature: global biodiversity framework and scaling up nature finance

This virtual roundtable discusses key outcomes of COP15 in December, what needs to be done to generate, deliver and realign finance for biodiversity, the role of the private sector and financial institutions in addressing the biodiversity challenge and market readiness for nature-related disclosures

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