The G20 and Green Finance - The Quiet Revolution
An event by UNEP Inquiry and the Carnegie Energy and Climate Program explores how policy is being used to align the financial system with sustainable development, and the scope for further leadership from the United States in the year ahead.
Registration is required to attend this event. To register, please click here.
Location: 1779 Massachusetts Avenue NW, Washington, DC 20036
Date and Time: 15 January 2016, 10:00AM – 12:30PM EST
- John Lipsky - former managing director at the International Monetary Fund (IMF) from 2006 to 2011, currently serves as an advisor to the UNEP Inquiry.
- David Livingston - associate in Carnegie's Energy and Climate Program.
- Michelle Patron - served as special assistant to U.S. President Barack Obama and senior director for energy and climate on the U.S. National Security Council from 2013 to 2015.
- Jay Shambaugh - member of the White House Council of Economic Advisers.
- Simon Zadek - co-director of the UNEP Inquiry and a senior fellow at the International Institute for Sustainable Development.
Across the world, a quiet revolution is underway in public policy and private institutional innovations for a more sustainable global financial system. A new report by the United Nations Environment Programme's Inquiry into the Design of a Sustainable Financial System (UNEP), The Financial System We Need, captures this momentum to harness the world's financial system for the transition to a low-carbon, green economy.
After a momentous 2015, in which the world's leaders agreed on a set of Sustainable Development Goals and on common action on climate change, 2016 looks set to be the 'year of green finance'. The focus will now be on the operational measures to mobilize the trillions of dollars required to finance the ambitious global agendas and a transition to green economy. Spearheading this movement, China intends to place a special focus on green finance in 2016 under its G20 presidency. The United States now has an historic opportunity to advance leadership on green finance internationally, as well as to scale-up domestic innovations already in place.
About UNEP Inquiry
The Inquiry into the Design of a Sustainable Financial System has been initiated by the United Nations Environment Programme to advance policy options to deliver a step change in the financial system's effectiveness in mobilizing capital towards a green and inclusive economy - in other words, sustainable development.
About the Energy and Climate Program
The Carnegie Energy and Climate Program engages global experts working on issues relating to energy technology, environmental science, and political economy to develop practical solutions for policymakers around the world. The program aims to provide the leadership and the policy framework necessary to minimize the risks that stem from global climate change and competition for resources.
Photo Credit: Stéfan CC