Climate change data underline the urgent need to move toward a low-carbon economy: a goal echoed in ambitious emissions reduction targets.

Achieving this will require a substantial transformation of infrastructures and business models. For this to succeed capital must be moved from the established high-carbon investments towards low-carbon opportunities. However, this process is fraught with uncertainties – not least political ones – and redirecting capital flows across the economy will be a massive challenge.

In this event Nick Robins, Anthony Hobley and Michael Wilkins will share their experiences of these challenges and suggest possible ways to overcome them. This will be followed by comments from discussants and an open discussion with the participants. The discussion will be moderated by Georg Zachmann, Research Fellow at Bruegel.

Speakers

• Nick Robins, co-chair, UNEP Finance Initiative Climate Working Group
• Anthony Hobley, CEO, Carbon Tracker Initiative
• Michael Wilkins, managing director for infrastructure finance ratings, Standard and Poor’s
• Chair: Georg Zachmann, research fellow, Bruegel

Background Materials

• George Zachmann’s memo to the new EU Commission for Climate Change, 2014
• The 2013 Bruegel Policy Brief: Can border carbon taxes fit into the global trade regime? by Henrik Horn and André Sapir
• A discussion of this Policy Brief with Reinhard Quick.

Practical Details

• Venue: Bruegel, Rue de la Charité 33, 1210 Brussels
• Time: Monday, 27 April 2015, 12.30-14.00 CET
• Contact: Matilda Sevón, Bruegel Events Manager – registrations@bruegel.org

For more information, please visit Bruegel website.