OnDemand Webcast


Organizer: UNFCCC
Type: Workshop on Finance and Investment
Time: 31/10/07 16:00
Location: Bonn
Session 4.3.v. Insurance for adaptation (Reinhard Mechler - IIASA, Christoph Bals - Germanwatch)
 
           
           
31 October 2007
Bonn, Germany
           

Objective of the workshop: To identify gaps and prioritize needs for further work on finance and investment flows to address climate change that can be undertaken by interested organizations.

 
  09:00 - 09:15  
     
  1. Opening remarks (Preety Bhandari)  
           
  2. Presentation of overall results and limitations of the work undertaken on finance and investment flows to address climate change and recommendations on the way forward (Maria Netto)  
             
  09:15 - 11:00  
     
 
Session 2. Collection and dissemination of data on investment and financial flows to address climate change
 
 

 

 

 

This session focused on the identification of further needs for data collection and dissemination, potential applications and on the identification of institutions willing and capable of pursuing this work
 
     
  Opening remarks/Chair (Erik Haites and Maria Netto)  
             
  1. How to improve collection and analysis of data on current investment and financial flows (Virginia Sonntag-O´Brien - REN 21/UNEP SEFI, Chris Greenwood - NEF, Astrit Sulstarova - UNCTAD)  
    - By sources for climate change relevant sectors?  
    - Investment and financial flows by private sector ?  
    - Investment flows leveraged by carbon markets?  
    - Possibilities for continuous tracking and reporting on current investment and financial flows for
climate change - what potential institutions?
 
         
  2. How to improve projection of future investment and financial flows? (Per-Anders Enkvist - McKinsey, Jan-Peter Onstwedder - London Accord, Philip Bagnoli - OECD, Laura Cozzi - IEA, Shilpa Rao - IIASA)  
    - Geographical disaggregation of projected investment and financial flows  
    - Integration of Global Economy-environment Modeling and emissions scenarios  
    - Extension of models beyond energy-related CO2 emissions  
    - Linkages between cost curves for different mitigation options and needs for investment and
financial flows
 
         
  3. How to improve the assessment of needs by developing countries themselves? (Hernan Carlino, Jonathan A. Allotey - Ghana)  
         
  11:15 - 13:15  
     

 

 

 

 

Session 3a. Specific areas where further analysis is needed on investment and finance for mitigation [part 1] [part 2]

 

 

Session 3b. Specific areas where further analysis is needed on investment and finance for adaptation

 
           
Opening remarks/Chair (Erik Haites and Maria Netto)   Opening remarks/Chair (Preety Bhandari)  

1.

Assessment of needs relating to R&D and deployment (José Garibaldi, Dr. Tooraj Jamasb - Electricity Policy Research Group, University of Cambridge, Adam Kirkman-WBCSD)
 
1.

Methodological issues on assessing the cost of damage and its linkages to adaptation cost (Andrew Dlugolecki, Peter Hoppe - Munich Re)
 

2.

Assessment of energy subsidies (Ronald Steenblik- IISD, Erik Haites)
 
2.

Next steps on assessing the adaptation cost and needs for investment and financial flows in
 

3.


Assessment of forestry mitigation options and costs: Comparison of assumptions and methodologies (Jürgen Blaser, Jayant Sathaye)

   

a) The water sector (Joakim Harlin - UNDP)

b) The health sector (Dr. Diarmid Campbell-Lendrum - WHO)

 

4.

Assessing the distribution of carbon capture and storage at regional level (Chris Hendriks-Ecofys)
   

c) Coastal zones (Robert Nicholls)

d) Agriculture, Forestry and Fishery (Bruce McCarl)

e) Ecosystems (Pam Berry)

 
     
3.

Assessment of linkages / benefits between I&F flows for adaptation and mitigation (Ian Burton, Ian Noble - WB)
 
 
         
  14:15 - 16:30  
     
 

Session 4. Scaling up financing to address climate change

 
     
 
This session focused on getting a better understanding of tools that have been identified so far in the literature to scale up financing to address climate change and on the identification of institutions willing and capable of pursuing analysis
 
     
  Chaired by Ian Johnson  
             
  1. Opening remarks and presentation on options for enhanced investment and financial flows (Maria Netto)    
         
  2. Potential of the carbon markets including levies on ET and JI (Erik Haites)    
         
  3. Other potential options for scaling up:    
    i. Use of national policies to promote private sector investment (Alan Miller - IFC)    
    ii. Renewable energy targets (Artur Runge-Metzger - EC)    
    iii. iii. Carbon tax and allowances (Leif Ervik - Norway, Joseé Romero - Switzerland) (download slides)    
    iv. Auction of allowances for international aviation and marine emissions (Artur Runge-Metzger - EC)    
    v. Insurance for adaptation (Reinhard Mechler - IIASA , Christoph Bals - Germanwatch)    
             
  16:45 - 18:30    
             
  3. Other potential options for scaling up (cont):    
         
    vi. International Air Travel Adaptation Levy (Laurens Bouwer - Institute for Environmental Studies)    
    vii. Potential of voluntary commitment by private sector and climate change indices (Francis Condon - ABN AMRO, Joanna Lee - Carbon disclosure project, Joaquim de Lima - HSBC)    
    viii. Scaling up and optimizing use of resources channeled though IFIs, the GEF and ODA by taking advantage of the synergies between development and climate change adaptation and mitigation (Josh Carmody - ADB, Johannes Heister - WB, Boni Biagini - GEF, Shardul Agrawala - OECD)    
             
  18:30 - 19:00    
       
 

Session 5: Conclusion

   
       
 

This session focused on what practical next steps could be promoted under the UNFCCC and under other process

   
       
 

Chaired by
Yvo de Boer

   
             
  1. In the context of negotiation of the post 2012 regime, what recommendations do you have in terms of the role of institutions in regulating and supporting increased investment and financial flows?    
         
  2. What role can institutions, networks and individual researchers in developing countries play in more fully quantifying the financial needs to support mitigation and adaptation?    
         
  3. Should a task force/network on investment and financial flows related to climate change mitigation
and adaptation be created/motivated?
   
             
  4. What other steps could /should be promoted?    
    - In the UNFCCC process    
    - Outside the UNFCCC process    
             
  5. How can the options outside the Convention be linked to or recognized under the Convention process    
             
             
           
           
31 October 2007
Bonn, Germany
           
Objective of the workshop: To identify gaps and prioritize needs for further work on finance and investment flows to address climate change that can be undertaken by interested organizations.
 
  09:00 - 09:15  
     
  1. Opening remarks (Preety Bhandari)  
           
  2. Presentation of overall results and limitations of the work undertaken on finance and investment flows to address climate change and recommendations on the way forward (Maria Netto)  
             
  09:15 - 11:00  
     
 
Session 2. Collection and dissemination of data on investment and financial flows to address climate change
 
 

 

 

 

This session focused on the identification of further needs for data collection and dissemination, potential applications and on the identification of institutions willing and capable of pursuing this work
 
     
  Opening remarks/Chair (Erik Haites and Maria Netto)  
             
  1. How to improve collection and analysis of data on current investment and financial flows (Virginia Sonntag-O´Brien - REN 21/UNEP SEFI, Chris Greenwood - NEF, Astrit Sulstarova - UNCTAD)  
    - By sources for climate change relevant sectors?  
    - Investment and financial flows by private sector ?  
    - Investment flows leveraged by carbon markets?  
    - Possibilities for continuous tracking and reporting on current investment and financial flows for
climate change - what potential institutions?
 
         
  2. How to improve projection of future investment and financial flows? (Per-Anders Enkvist - McKinsey, Jan-Peter Onstwedder - London Accord, Philip Bagnoli - OECD, Laura Cozzi - IEA, Shilpa Rao - IIASA)  
    - Geographical disaggregation of projected investment and financial flows  
    - Integration of Global Economy-environment Modeling and emissions scenarios  
    - Extension of models beyond energy-related CO2 emissions  
    - Linkages between cost curves for different mitigation options and needs for investment and
financial flows
 
         
  3. How to improve the assessment of needs by developing countries themselves? (Hernan Carlino, Jonathan A. Allotey - Ghana)  
         
  11:15 - 13:15  
     

 

 

 

 

Session 3a. Specific areas where further analysis is needed on investment and finance for mitigation [part 1] [part 2]

 

 

Session 3b. Specific areas where further analysis is needed on investment and finance for adaptation

 
           
Opening remarks/Chair (Erik Haites and Maria Netto)   Opening remarks/Chair (Preety Bhandari)  

1.

Assessment of needs relating to R&D and deployment (José Garibaldi, Dr. Tooraj Jamasb - Electricity Policy Research Group, University of Cambridge, Adam Kirkman-WBCSD)
 
1.

Methodological issues on assessing the cost of damage and its linkages to adaptation cost (Andrew Dlugolecki, Peter Hoppe - Munich Re)
 

2.

Assessment of energy subsidies (Ronald Steenblik- IISD, Erik Haites)
 
2.

Next steps on assessing the adaptation cost and needs for investment and financial flows in
 

3.


Assessment of forestry mitigation options and costs: Comparison of assumptions and methodologies (Jürgen Blaser, Jayant Sathaye)

   

a) The water sector (Joakim Harlin - UNDP)

b) The health sector (Dr. Diarmid Campbell-Lendrum - WHO)

 

4.

Assessing the distribution of carbon capture and storage at regional level (Chris Hendriks-Ecofys)
   

c) Coastal zones (Robert Nicholls)

d) Agriculture, Forestry and Fishery (Bruce McCarl)

e) Ecosystems (Pam Berry)

 
     
3.

Assessment of linkages / benefits between I&F flows for adaptation and mitigation (Ian Burton, Ian Noble - WB)
 
 
         
  14:15 - 16:30  
     
 

Session 4. Scaling up financing to address climate change

 
     
 
This session focused on getting a better understanding of tools that have been identified so far in the literature to scale up financing to address climate change and on the identification of institutions willing and capable of pursuing analysis
 
     
  Chaired by Ian Johnson  
             
  1. Opening remarks and presentation on options for enhanced investment and financial flows (Maria Netto)    
         
  2. Potential of the carbon markets including levies on ET and JI (Erik Haites)    
         
  3. Other potential options for scaling up:    
    i. Use of national policies to promote private sector investment (Alan Miller - IFC)    
    ii. Renewable energy targets (Artur Runge-Metzger - EC)    
    iii. iii. Carbon tax and allowances (Leif Ervik - Norway, Joseé Romero - Switzerland) (download slides)    
    iv. Auction of allowances for international aviation and marine emissions (Artur Runge-Metzger - EC)    
    v. Insurance for adaptation (Reinhard Mechler - IIASA , Christoph Bals - Germanwatch)    
             
  16:45 - 18:30    
             
  3. Other potential options for scaling up (cont):    
         
    vi. International Air Travel Adaptation Levy (Laurens Bouwer - Institute for Environmental Studies)    
    vii. Potential of voluntary commitment by private sector and climate change indices (Francis Condon - ABN AMRO, Joanna Lee - Carbon disclosure project, Joaquim de Lima - HSBC)    
    viii. Scaling up and optimizing use of resources channeled though IFIs, the GEF and ODA by taking advantage of the synergies between development and climate change adaptation and mitigation (Josh Carmody - ADB, Johannes Heister - WB, Boni Biagini - GEF, Shardul Agrawala - OECD)    
             
  18:30 - 19:00    
       
 

Session 5: Conclusion

   
       
 

This session focused on what practical next steps could be promoted under the UNFCCC and under other process

   
       
 

Chaired by
Yvo de Boer

   
             
  1. In the context of negotiation of the post 2012 regime, what recommendations do you have in terms of the role of institutions in regulating and supporting increased investment and financial flows?    
         
  2. What role can institutions, networks and individual researchers in developing countries play in more fully quantifying the financial needs to support mitigation and adaptation?    
         
  3. Should a task force/network on investment and financial flows related to climate change mitigation
and adaptation be created/motivated?
   
             
  4. What other steps could /should be promoted?    
    - In the UNFCCC process    
    - Outside the UNFCCC process    
             
  5. How can the options outside the Convention be linked to or recognized under the Convention process    
             
             
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