COP 22 Official Side Event: Investing in the planet #InvestPlanet

Investing in the planet: Green banks and other financial tools to scale up mitigation technologies Hosted by: Institution of Chemical Engineers (IChemE), Imperial College London and Natural Resources Defense Council (NRDC) Held: 14 November 2016 at the United Nations Framework Convention on Climate Change (UNFCCC) 22nd Conference of Parties (COP22) in Marrakech, Morocco The Paris Agreement is in place. How do we implement it? Reducing greenhouse gas emissions to meet the global climate change goals requires a step change in technology deployment for the technologies in use or in the late stages of development. The right financial mechanisms need to be in place to encourage investment in low carbon technologies and storage. Experience on the ground shows that getting the financial mechanisms right can be challenging. This session explains the issues and presents solutions for policy makers and investors alike. We need an enabling environment of policy and sufficient financing. There’s a real need around the world to understand the right framework to get the kinds of capital flows that we need into these low carbon sectors. What are some practical ways to do all this? The event took place at the COP22 conference in Marrakech. Morocco and highlighted that financing is essential for both mitigation and adaptation, and in the broader context of the sustainable development goals. Speakers Dr Rob Gross, Imperial College London Gavin Templeton, UK Green Investment Bank Dr Rachael Hall, IChemE Energy Centre Mr Douglass Sims, Natural Resources Defense Council’s Center for Market Innovation Dr Charles Donovan, Imperial College London Mr Mark Apsey, Ameresco and IChemE

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