Session III Achieving bold EU national E&C plans through inclusiveness and sustainable finance

Published: Nov. 7, 2019, 4:18 p.m.

As required by the EU Governance Regulation, every EU country must submit its final plans for achieving the 2030 targets on energy efficiency, renewables and greenhouse gas emissions. The plans \u2013 which cover the period of 2021-2030 \u2013 must be bold, comprehensive and inclusive, while considering Europe\u2019s global competitiveness and trade interests. Not only will countries have to revise their Nationally Determined Contributions (NDCs), they also have to propose alternative pathways that are in line with the EU 2050 long-term climate strategy. The financial sector will have to play a central role if we are to achieve bold transformation. Putting the financial sector at the service of the climate must become a priority, and standards of investment must be developed and implemented across all sectors. The private sector needs these incentives to make the right investments and support member states and the EU to achieve a net zero emissions economy.\n\nHow can member states and industries better cooperate to develop the most ambitious National Energy and Climate Plans?\nWhat sort of disruptive industry leadership is required for Europe to go beyond its objectives?\nWhat role will the financial sector play in unlocking public and private capital to support a prosperous, secure and sustainable Europe?\n\nSPEAKERS\n\nCarine de Boissezon, Chief Sustainability Officer at EDF\n\nMatthias Duwe, Head of Climate at the Ecologic Institute\n\nAnnegret Groebel, Director of International Relations at the German Regulatory Authority for Electricity, Gas, Telecommunications, Post and Railway (BNetzA); President of the Council of European Energy Regulators (CEER)\n\nAndrew McDowell, Vice-President of the European Investment Bank (EIB)\n\nLeena Yl\xe4-Mononen, Director-General at the Ministry of Environment of Finland\n\nMODERATOR\n\nDharmendra Kanani, Director of Insights at Friends of Europe