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

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 – which cover the period of 2021-2030 – must be bold, comprehensive and inclusive, while considering Europe’s 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.

How can member states and industries better cooperate to develop the most ambitious National Energy and Climate Plans?
What sort of disruptive industry leadership is required for Europe to go beyond its objectives?
What role will the financial sector play in unlocking public and private capital to support a prosperous, secure and sustainable Europe?

SPEAKERS

Carine de Boissezon, Chief Sustainability Officer at EDF

Matthias Duwe, Head of Climate at the Ecologic Institute

Annegret 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)

Andrew McDowell, Vice-President of the European Investment Bank (EIB)

Leena Ylä-Mononen, Director-General at the Ministry of Environment of Finland

MODERATOR

Dharmendra Kanani, Director of Insights at Friends of Europe