Delivering on the green transition

1. 13:00
   Registration and networking coffee
2. 14:00
   Welcome

   Jacki Davis, conference moderator

3. 14:05
   Opening address

   Valdis Dombrovskis, Executive Vice-President, European Commission

4. 14:15
   Keynote speech

   Axel van Trotsenburg, Senior Managing Director, World Bank

5. 14:25
   Making it happen: towards a net-zero economy

   Fighting climate change is an existential challenge that requires rapid and fundamental changes to our economic model, from production over distribution to recycling of resources. Science tells us that we are not reducing greenhouse gas emissions fast enough to keep the rise of global temperature at 1.5°C, or even below 2°C. Turning our economic model to green, while increasing long-term competitiveness and strategic autonomy, is a complex task that requires a clear strategy and tremendous investments. The EU Green Deal Industrial Plan is an important step in this direction, as it aims to provide a supportive environment for the scaling-up of the EU's manufacturing capacity for net-zero technologies to meet Europe's climate targets. This panel looks at the role of the public and private sector in greening production in the EU and beyond.

   Panel discussion:
   Philip Christiani, Partner, Copenhagen Infrastructure Partners
   Otto Gernandt, Chief Financial Officer, H2 Green Steel
   Ditte Juul Jøergensen, Director-General of DG ENER, European Commission
   Dario Scannapieco, President of the European Long-Term Investors Association & CEO and General Manager of Cassa Depositi e Prestiti
   Gauri Singh, Deputy Director-General, International Renewable Energy Agency

6. 15:25
   Coffee break
7. 15:45
   Keynote speech

   Mairead McGuinness, Commissioner for financial services, financial stability and Capital Markets Union, European Commission

8. 15:55
   Making it new: innovation as a driver of the transition

   As we proceed with the green transition, we are also undergoing a digital transformation, whose potential to cut or avoid emissions is huge. In fact, the green and digital transitions can mutually reinforce each other. Identifying, developing and scaling up breakthrough technologies and flagship projects in those sectors with the highest CO2 emissions, such as agriculture, buildings and construction, energy generation, energy-intensive industries, mobility and transport, will be key for the success of the green transition. Boosting game-changing technologies requires excellent research, higher-risk investments in innovation and supportive regulatory frameworks that underpin longer-term sustainable strategies.

   Panel discussion:
   Joanna Drake, Deputy Director-General of DG RTD, European Commission
   Marjut Falkstedt, Chief Executive, European Investment Fund
   Martin Kröner, Partner, Green European Technology Fund
   Gilles Moreau, Co-Founder & Chief Sustainability Officer, Verkor
   Roxanne Varza, Director, Station F

9. 16:55
   Coffee break
10. 17:15
    Oxford-style debate on the motion: Private investment is more important than public investment for a successful green transition

    Speaking against the motion: Francesco Saraceno, Deputy Department Director at OFCE, Sciences Po

    Speaking in favour of the motion : Daniel Gros, Professor of Practice and Director of the Institute for European Policymaking at Bocconi University

11. 17:45
    Keynote speech

    Jim Skea, Chair, Intergovernmental Panel on Climate Change

12. 17:55
    Making it global: sharing the transition effort in a fair way

    This panel looks at the global dimension of the green transition. Climate change is a global problem and requires solutions that are internationally accepted by developed and developing countries alike. Today, the EU produces only 6.9% of direct greenhouse gas emissions, but needs to massively increase its green investments. In emerging and developing economies, annual clean energy investments will need to more than triple from USD 770 billion in 2022 to as much as USD 2.8 trillion by the early 2030s in order to be Paris-aligned. While access to finance is crucial to enable the much-needed green investments, regulation and the technical capacity to implement green projects are equally important. Although there is general agreement that climate challenges require enhanced international co-operation, countries have diverging views on who should bear the cost of the green transition and which strategies should be pursued.

    Panel discussion:
    Pedro Miguel da Costa e Silva, Ambassador of Brazil to the European Union
    Elena Flores, Deputy Director-General of DG ECFIN, European Commission
    John Gandolfo, Vice President and Treasurer, Treasury & Mobilization, International Finance Corporation
    James John, Director of IMF Offices in Europe, International Monetary Fund
    Kevin K. Kariuki, Vice President for Power, Energy, Climate & Green Growth,  African Development Bank
    

13. 18:50
    Closing remarks

    Paolo Gentiloni, Commissioner for the Economy, European Commission

14. 19:00
    Closing remarks

    Pierre-Yves Dermagne, Belgium Deputy Prime Minister and Minister of the Economy and Employment

15. 19:10
    Cocktail