Business & Climate Summit

Transcription

1 Business & Climate Summit Tuesday 28 Wednesday 29 June 2016 Guildhall, London

2 Tuesday 28 June 2016 Words Into Action: Implementing the Paris Agreement 08:30 Registration & Refreshments 09:30 10:00 Welcome & Keynote Addresses 10:00 11:00 What Does the Paris Agreement Mean for Business: Risks and Opportunities The Paris Agreement sent a clear message to the global business and investment community. It s no longer just about commitments or waiting for governments to move - it s about real action now. This plenary discussion will interpret what the Agreement means for business over the short and long-terms, directly and as a result of national and local policies, the new opportunities and risks. 11:00 12:30 How Can Business Action Bend the Curve Below 2 Degrees? The Paris Agreement is based on the twin pillars of collective action and the individual Nationally Determined Contributions put forward by countries in the lead-up to COP21. These NDCs are designed to represent the maximum possible ambition that nations believe they can achieve over the next decade and a half. Yet, although countries committed to a net zero carbon emissions world with a temperature increase well below two degrees above pre-industrial levels, current commitments leave us well short of these goals. Business has demonstrated the economic case for ambitious leadership across energy, transport, supply chains, industrial processes and the built environment. How can this leadership be scaled up to get us on track for a sub-two degree world? Where are the biggest opportunities? What would the impact be if the business community as whole delivered the maximum possible ambition it could achieve? This plenary, led by a mixture of policy, business and investor voices, will see the launch of the Business Determined Contribution Report which is designed to address this very question. The reports elaborates on a visionary business determined contribution describing an ambitious reduction goal for the business sector as a whole for both 2020 and 2030, as well as drawing on the many corporate commitments that have been made since the UN Climate Summit in :30 14:00 Lunch

3 14:00 15:30 PARALLEL SESSIONS 14:00 15:30 The Energy Transition: Can we make good progress on our SDG7 and Climate goals by 2030 Organised by SE4ALL The Paris agreement called for an urgent and radical shift in the way we produce and consume energy, setting the ambition to hold the increase in the global average temperature rise to well below 2 degrees and pursue efforts to limit the increase to 1.5 degrees. In order to achieve this as well as SDG 7 by 2030, we need clean technologies and new business models for a major energy transition to reorient development along a more sustainable trajectory. The session will debate two motions: Motion 1: In the presence of political will and in an enabling environment for investment, there are enough solutions around the world for the transition to a low-carbon economy and to stay well below 2 degrees increase in the global average temperature. Motion 2: There are still many barriers and challenges such as investment readiness, finance and technology availability, complexity of replacing conventional fuel and etc. that hinders transition to a low carbon economy and reorienting development in a manner to stay on track with Paris goals, still requires much more work. 14:00 15:30 Achieving Climate-Positive Land Use in Agriculture and Forestry the Role of Business Organised by World Economic Forum (Tropical Forest Alliance) This session will be the opportunity to showcase how leading private sector companies are taking action to realize climate-friendly growth through sustainable land use in agriculture and forestry. The panellists will have the opportunity to discuss the role of collaborative approaches and public-private partnerships to accelerate the transition towards low-carbon growth and development in the land use-based economy. 14:00 15:30 Transport & Low Carbon Mobility Organised by World Business Council for Sustainable Development Our guiding long term vision needs to be total decarbonisation of transport. The panel brings together companies working on developing and deploying the solutions which will enable this decarbonisation. Namely low carbon liquid fuels, hydrogen and electric vehicles. At the same time there are barriers across technology, policy and finance that need to be overcome, which we will explore to help the audience appreciate the scale of the challenge- and the pace of change we can expect. We will bring in road and air perspectives to help the audience appreciate that there is no single silver bullet. Instead we will require a range of technologies and energy vectors for transport if we are to stand a chance of meeting the pace of change required.

4 14:00 15:30 The Built Environment Smart Cities Organised by World Green Building Council Buildings currently are responsible for 30% of global GHGs, and International Energy Agency data tells us if we continue building business as usual, the sector will contribute to a 6 degree scenario of global warming. If we get to Net Zero building fast, we can keep to a 2 or even 1.5 degree scenario. A number of global green building corporate leaders are showing us how Net Zero is achievable at a building and district scale today. 15:30 16:00 Refreshments 16:00 17:30 PARALLEL SESSIONS 16:00 17:30 How can Business and Governments Go Further, Faster? Organised by SE4ALL Our collective challenge going forward is how to translate the vision embodied in SDG7 and the Paris Agreement together with the help of governments and private sector into results. Countries have taken leadership, developing INDCs where 99 percent outline efforts to address GHG emissions from the energy sector. The private sector has made commitments to accelerate the transition to an affordable, reliable and sustainable energy system. But to move from plans to implementation, and deliver across multiple agendas in a way that is resilient to economic and political changes, requires greater coordination and collaboration across initiatives, instruments and investments and the emergence of new, non-traditional partnerships. This exciting session will focus on moving the bar fast and far. 16:00 17:30 Accelerating the Business Transition to the Circular Economy Organised by World Economic Forum In a world of close to 9 billion people expected by 2030 including 3 billion new middle-class consumers the challenges of expanding resource supply to meet future demand are unprecedented. Today s linear take, make, dispose economic model relies on large quantities of cheap, easily accessible materials and energy, and is a model that is reaching its physical limits. The circular economy alternative is a viable, profitable alternative that many businesses have already started exploring. Companies with significant market share and capabilities along several vertical steps of the linear value chain can play a major role in circular economy innovation and driving circularity into the mainstream by leveraging their scale and vertical integration. Many new models, materials, and products can also come from entrepreneurs. This discussion will seek to explore new opportunities for business to shift to the circular economy as well as further the conversation on the collaboration possibilities with non-business actors such as governments, international organizations, civil society and academia.

5 16:00 17:30 Freight, Logistics & Corporate Fleets Organised by BSR 16:00 17:30 Design, Materials and Low Carbon Building Management Organiser TBC 17:30 18:30 Close & Drinks Reception

6 Wednesday 29 June 2016 Finance, Innovation and Policy for The Low Carbon Transition 08:30 Registration & Refreshments 09:00-09:15 Finance Keynote 09:15 10:30 Unlocking the Trillions: How to Finance the Low Carbon Economy How do we shift and scale-up the financing needed to turn the ambitions of 2015 into a reality? As investors with over US$600 billion in assets have decarbonised portfolios, the financial risks of climate change and stranded assets are increasingly clear. 10:30 12:30 PARALLEL SESSIONS 10:30 12:30 Risk Disclosure Organised by The City of London Corporation 10:30 12:30 Achieving Climate Goals With the Right Price on Carbon Organised by The Shift Project, The World Bank, World Economic Forum, Carbon Pricing Leadership Coalition, Carbon Disclosure Project. In the wake of the Paris Agreement, carbon pricing is a powerful and challenging tool to push the transition forward and meet the well below 2 C climate ambition. The Carbon Pricing Panel and the Carbon Pricing Leadership Coalition now call upon the world to double its current carbon pricing coverage to 25% of global emissions by This goal can t be achieved without mobilizing the financial sector to identify risks and opportunities. Now is the time for industry, finance and policy leaders to implement relevant mechanisms across industries and regions delivering the right level of carbon pricing to trigger massive investments in the low-carbon transition. Some regions are already leading the way by implementing carbon price corridors, providing investors with a price on carbon which is explicit, predictable and at a level which is sufficient to prevent going back to the use of fossil fuel. In this context, the session will discuss how a strong carbon price is among the most effective/relevant tools to mobilize businesses and investors; show how progress is being made; and identify solutions to common political challenges such as loss of competitiveness, globalization and negative prices.

7 10:30 11:30 Innovation, Collaboration, and Leadership for Business in a Post-Paris World Organised by Prince of Wales Corporate Leaders Group From the power sector, to transport, to industry, delivering on the required net zero scale decarbonisation will require radical innovation which in itself will create new business opportunities and investment returns. Innovation and a viable, competitive, sustainable future is possible for many industries, but to deliver it requires a new commitment from across business, finance and government to unlock business models fit for the 21st century. CISL will draw on its European, and international network to bring together leaders from business, policy and finance space to discuss how increased collaboration is required to unlock innovation and a new industrial revolution to deliver on the promise of Paris. 11:30 12:30 Homes Driving Down Emissions - Low Carbon Living and Working For All Organised by The Climate Group This session will explore a range of topics associated with making the way we build and use our homes a driver for emissions reduction. It will introduce preliminary results from Home2025 a project that explores what must be done by businesses and governments to create the conditions for scale up and making smarter low carbon living a reality for the 8 billion people inhabiting the Earth by :30 12:30 Media Advocacy: Promoting The Low Carbon Economy Organised by Connect4Climate, Maitland Green Leading communications agencies have a unique role in giving visibility to the social, humanitarian, environmental and sustainable development implications of climate change. How do we continue to communicate the challenges and opportunities of the low carbon economy as it becomes the new norm? 12:30 13:45 Lunch 13:45 14:45 Climate and Trade (title TBC) Organised by International Chamber of Commerce and Entreprises pour l'environnement Trade and climate change have an inextricable and intimate relationship. This session will create a discussion between business leaders and policymakers regarding the trade policy priorities from a climate and green growth perspective, addressing the necessary action needed a at multilateral level for example potential changes to World Trade Organization rules as well as the possible role of bilateral and regional agreements.

8 14:45 15:45 Policy (title TBC) Following the declaration of the business and investment community, how can international, national and sub-national policy support ambitious business action to go further and faster? Former Heads of State, Ministers and Premiers discuss innovative policy options that can continue to attract this investment. 15:45 16:00 Closing Remarks 16:00 17:00 Close & Afternoon Tea Reception *Please note all sessions are subject to change