Innovate4Climate 2018

The global forum on climate finance in Frankfurt, Germany

  • Events 22.05. - 24.05.2018

Climate action at unprecedented speed and scale is essential for making the investments required to avoid the effects of a 2 degree warmer world and meet the Paris climate commitments. In a world of constrained public resources, traditional forms of concessional finance will not be sufficient to fund the investment required for a transition to a low-carbon future. Scaling up and accelerating access to finance – from multiple sources, as efficiently and effectively as possible – to redirect the trillions of dollars sitting in unproductive, low yielding as well as unsustainable investments towards longer-term, climate-smart investments will be key.

At the annual Innovate4Climate conference, which is hosted by the World Bank, the Federal German Government, and the Spanish Government, governments, businesses, and society discuss how this challenge may be achieved. The Wuppertal Institute contributes to this years's Innovate4Climate conference in four sessions:

  • Ambition Raising through Article 6 – Opportunities and Challenges
    In order to achieve the climate change mitigation targets agreed in Paris, Parties must urgently raise their ambition. Article 6 of the Paris Agreement, which allows Parties to cooperate in implementing their nationally determined contributions, is to contribute to this objective. At this event, Nicolas Kreibich, research fellow at the Wuppertal Institute, will discuss with Carsten Warnecke and Tomas Day from the NewClimate Institute different option how Article 6 may contribute to enhancing mitigation ambition and which risks should be taken into account in achieving this objective.
    The workshop will take place on Tuesday, 22 May 2018, from 16:00 to 17:00 in the German Pavilion.
     
  • Benchmarks for Baselines – a Match Made for 1.5 Degrees Celsius?
    Art. 6 of the Paris Agreement provides countries with the option to collaborate in achieving their climate contributions. In this event, Wolfgang Obergassel, project Co-ordinator in Division of Energy, Transport and Climate Policy at the Wuppertal Institute, will discuss with other experts how technology benchmarks can serve as methodologies for the calculation of the emission reductions achieved by such collaborative actions. The other participants are Konrad Raeschke-Kessler from the German Emission Trading Authority and Jürg Füssler vom the research institute INFRAS.
    The workshop will take place on Tuesday, 22 May 2018, from 16:50 to 17:50.
     
  • Governing Paris Article 6.4 – what roles and functions for the Article 6.4 supervisory body?
    The new mechanism on joint climate action according to Article 6.4 of the Paris Agreement is to be governed internationally. Wolfgang Obergassel will facilitate a panel discussion on how exactly the governance for that mechanism should be designed. The other panellists are Mandy Rambharos from the South African utility Eskom, Sandra Greiner from the consultancy ClimateFocus, Frank Wolke from the German Emission Trading Authority, and Motoharu Yamazaki from the UNFCCC Secretariat.
    The workshop will take place on Wednesday, 23 May 2018, from 17.00 to 17:45 in the German Pavilion.
     
  • How Can Other Climate Policy Instruments Contribute to Build an ETS and How do They Interact? Case Study from Mexico
    In this workshop, Nicolas Kreibich will present an international research project that identified institutional, political and technical components of policies which can serve as preconditions for a functional emissions trading system (ETS). Focusing on a case study from Mexico, the workshop will discuss potential contributions of existing policy instruments to the ETS development and their interactions. Vanessa Villa from GIZ Mexico will further provide insights into the current preparations of the set-up of the Mexican ETS and Alexander Eden from ICAP will present experiences made in other jurisdictions in implementing an ETS. The session will be facilitated by Dr. Jürgen Landgrebe from the German Emissions Trading Authority (DEHSt).
    The workshop will take place on Thursday, 24 May 2018, from 10.10 to 11.10.

Further information can be found under the following links.


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