Agenda

Scaling-up adaptation finance – is it really mission impossible?

Organizer: EIB

Date: Thu / Dec. 3 - 18:00

Time: 18:00

Area: Blue Zone

Thursday 3rd of December – 18:00 – 19:30

WBCSD/IETA Pavilion (Le Bourget, Blue Zone)

While there is no doubt that adaptation finance needs to be significantly scaled-up to deal with climate change, it remains only a small fraction of global climate finance and the poor cousin of mitigation finance. This side event will explore some new ways to increase adaptation finance.

The panel comprises of adaptation specialists and investment professional from the private and public sector. Discussion will focus on financial mechanisms for countries most vulnerable to climate change and include concrete project examples and ideas how adaptation can be better integrated in infrastructure project finance and as standalone activity.

Moderator:

  • Matthew Arndt, Head of Policy, Head of Environment, Climate and Social Policy, European Investment Bank

Speakers:

  • Michael Mullan, Team Leader Climate Change Adaptation, OECD
  • Karsten Löffler, Managing Director, Allianz Climate Solutions
  • Cheryl Dixon, Caribbean Development Bank
  • Craig Davies, Senior Manager, Climate Change Adaptation, European Bank for Reconstruction and Development
  • Nancy Saich, Managerial Adviser in Climate and Environment, European Investment Bank

About the EIB:

The European Investment Bank (EIB) is the European Union’s bank and the world’s largest multilateral lender by volume. Supporting low-carbon and climate resilient growth is one of the EIB top priorities. Through our operations, we act as a catalyst mobilising investment in favour of climate action in more than 160 countries around the world. Building on over fifty years’ experience and know-how, we complement our traditional lending with innovative finance products and technical assistance tools to help with project preparation, development and implementation. Over the past five years, the EIB invested more than EUR 90bn into projects contributing to mitigate and adapt to climate change worldwide. www.eib.org/climate

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