Friday 10 November 2023
Panel
An initiative at COP28: Coal Transitions Accelerator (CTA)
According to the IPCC, UN, and IEA, the persistence of coal in the global energy mix is the number one threat in achieving the temperature targets of the Paris Agreement. However, global coal consumption continued to rise in 2022. To manage coal phase out, we need to provide the private sector with clear guidelines on coal exclusion policy and incentives for sustainable transition finance including through managing stranded assets.
To this end, a panel is organized at the Paris Peace Forum in order to discuss the perspectives and challenges faced by the private sector and MDBs when addressing phase out coal. This discussion constitutes a starter for shaping the Coal Transitions Accelerator to be presented at COP28.
With the participation of
Jin Liqun
President, Asian Infrastructure Investment Bank (AIIB)
Speaker
Agnès Pannier-Runacher
Minister for Energy Transition, French Republic
Moderator
Yves Perrier
Honorary Chairman, Amundi and President, Sustainable Finance Institute
Speaker
Hacina Py
Chief Sustainabilty Officer, Société Générale
Speaker
Odile Renaud-Basso
President, European Bank for Reconstruction and Development (EBRD)
Speaker
Theo Rycroft
Deputy Head of Mission, Embassy of the United Kingdom of Great Britain and Northern Ireland to the French Republic
Speaker
Intervention on the same theme