Energy companies are being increasingly driven to implement and meet net-zero transition targets. This has been demonstrated by the recent shareholder shake-up within Exxon, the Dutch legal case against Shell and the development of groups such as Climate Action 100+. However, despite increasing pressure to transition to greener capital markets and the better returns renewable energy is now delivering in comparison to fossil fuels, investment in renewable energy technology remains nowhere near what is required to achieve net zero.
To achieve net-zero, it is essential for policy-makers and the market to work together, therefore, OMFIF has convened a panel with the Organisation for Economic Co-operation and Development, European Investment Bank, European Bank for Reconstruction and Development and Hermes Investment to discuss the requirements for developing a pipeline of investment grade projects. They will explore the policies, regulation and frameworks essential to further channel capital towards renewable energy technology and the risks of transitioning to a low-carbon economy versus remaining stagnant.
Aayush Tandon, Policy Analyst, Green Finance and Investment, Organisation for Economic Co-operation and Development;
Aida Sitdikova, Director, Energy Eurasia MEA, Sustainable Infrastructure Group, European Bank for Reconstruction and Development;
Dominik Ruderer, Energy Economist, European Investment Bank
Rhianydd Griffith, Senior Vice President, Infrastructure Investment, Hermes Investment
Moderated by Emma McGarthy, Programmes Manager, Sustainable Policy Institute OMFIF
Recorded on 08/07/21