Climate Week NYC Events
Decarbonising the real economy: what does this mean for financial institutions?
When: Thursday 21 September 2023, 13:30–15:00 EST
Location: Auburn Seminary Convening Space: 61 Claremont Ave, Suite 1800 | New York, NY 10027
Cost: Free, including beverages
On the 21st of September 2023 the World Benchmarking Alliance, Columbia Climate Law and Finance Initiative (CLFI) and European Finance Climact Project will host a hybrid event on the sidelines of Climate Week NYC. The event titled ‘Decarbonising the real economy: what does this mean for financial institutions?’, will discuss the critical elements that must be implemented to decarbonise the real economy. The finance sector has a key role to play in ensuring that we are not simply decarbonising portfolios by investing in already green activities but that financial institutions are supporting the transition plans of their counterparties. During this event we hope to connect the dots between the transition plans of companies, financial institutions, and countries to ensure the acceleration of decarbonising activities. Using the CCSI’s report on “Finance For Zero: Redefining Financial-Sector Action to Achieve Global Climate Goals”, the learnings from ACT Initiative’s Finance sector method road-test, WBA’s Financial Systems Benchmark assessing 400 financial institutions and the European Finance Climact Project, we will present key opportunities and learnings. Additionally, we hope to facilitate discussions with experts to underpin actions that should be implemented by different key stakeholders to support financial institutions as they contribute to the decarbonisation of the real economy and support a transition aligned with Paris Agreement goals.
Speakers:
- Perrine Toledano: Director of Research and Policy at CCSI
- Karina A. Litvack: Non-executive board director for Terna, Founding Chairman of the Climate Governance Initiative
- Anatole Metais-Grollier: ACT Finance project manager, ADEME | ACT initiative
- Romane Delevoie: Sustainable Finance Analyst, Research and Foresight Unit at ADEME (EU Finance Climact Project)
- Fabio Alperowitch: CFA of FAMA Investimentos
- Sara Rosner: Director of Environmental Research and Engagement, Alliance Bernstein
- Event moderated by Romain Poivet: Climate engagement lead at World Benchmarking Alliance
In-person registration is now closed but please join us virtually for a brief presentation, panel discussion from experts in the field and Q&A session. 13h30 – 15:00 EST
Register here to join virtually(ATP-Col) Assessing companies’ Transition Plans Collective’s Workshop
When: Thursday 21 September 2023, 09:00–12:00 EST
Location: Auburn Seminary Convening Space: 61 Claremont Ave, Suite 1800 | New York, NY 10027
Cost: Free, including beverages
Event type: This is a closed event for ATP-Col members. For more information on ATP-Col please contact r.poivet@worldbenchmarkingalliance.org
On the 21st of September 2023 the World Benchmarking Alliance & Columbia Climate Law and Finance Initiative (CLFI) will host a closed hybrid workshop on the sidelines of Climate Week NYC. The (ATP-Col) Assessing companies’ Transition Plans Collective members are invited to a workshop to develop and discuss the first draft of its guidance document. This document will allow stakeholders to assess the credibility and robustness of companies’ transition plans. Additionally, this document will contribute to the international momentum framed by the HLEG’s recommendations, the UNFCCC’s landmark ‘recognition and accountability framework’ for non-Party stakeholders, and the upcoming regulations and voluntary schemes related to companies transition plans. Different subgroups will convene to discuss the following topics:
- From ambition to credibility: a question of consistency and feasibility
- Identify relevant indicators of transition plans depending on different intended users and uses.
- How to choose relevant sectoral transition plans that fit with companies’ asset location and activities.
Got a question?
Send it to Romain Poivet at r.poivet@worldbenchmarkingalliance.org