Climate investments in unstable times: How to align interests and foster cooperation

Goals:

• Share insights from two recent studies on the merits of climate action
• Outline approaches on how to align interests and revive international climate diplomacy in geopolitically and economically unstable times
• Present and discuss competitive advantages associated with climate investments

Event Overview:
The event discusses economic rationales for climate action and presents innovative approaches to motivate cooperation and stimulate climate investments in unstable times.
The session will feature the presentation of two new policy papers on the topic, bringing together an international climate policy perspective and an enterprise level view. Key insights cover the following topics:
• Expected economic costs resulting from climate change
• Investment needs in a fragmented world
• Competitive advantages associated with climate action
• Optimal incentives for companies to invest in climate action
• Innovative climate policy instruments, such as jurisdictional reward funds
The presentation will be followed by a moderated panel discussion, during which the contents of both discussion papers will be critically examined. The panel will feature experts from science, finance, and the real economy. These experts will share their perspectives on the proposed instruments. Audience participation is encouraged in a subsequent Q&A session.

Keynote speakers / panelists:
• Stefan Wintels, Chief Executive Officer, KfW Banking Group
• Prof. Dr. Ottmar Edenhofer, Director and Chief Economist of the Potsdam Institute for Climate Impact Research
• Hans-Jürgen Walter, Global Leader Sustainable Finance, Deloitte
• Dr. Nicole Röttmer, Member of the Global Sustainability Strategy & Transformation Leadership Team Deloitte