World’s leading finance innovators to outline new mission for finance at Europe’s top climate innovation summit

‘Mission Finance’ – the mission critical opportunities for collaboration and systemic impact of finance for climate action – is the focus of this year’s Climate Innovation Summit, 6-8 November in Dublin.

The annual event convened by EIT Climate-KIC, Europe’s main climate innovation agency, is open to the public and brings together its growing public-private knowledge and innovation community, spanning 27 countries and over 330 partners across research, business, government and higher education.

Since 2010 the community has brought 367 new products and services to market and leveraged over €2.5 billion in climate funding.

New partnerships

New partnerships including those with the EU’s Mission Innovation project and the UN’s Financial Centres for Sustainability Network (UNFC4S) will be announced at the Summit.

Dublin sustainable finance hotspot

The Summit will be held in the emerging green business hub Dublin, host to the EU Hub of the UN’s FC4S Network. 

An EU Hub for the UN’s FC4S

The hub, supported by an investment of €1.5 million from EIT Climate-KIC, will be launched at the event by Sustainable Nation Ireland and Ireland’s Minister of Finance on 7 October 2018. Among the network’s tasks will be to  develop a common European assessment tool to evaluate climate and sustainability credentials for financial centres. EIT Climate-KIC supported the development of the world’s first green benchmark for financial centres, the tool at the centre of this initiative.

Supporting investors through Mission Innovation

EIT Climate-KIC has partnered with Mission Innovation, the global initiative of 23 countries and the European Union to dramatically accelerate decarbonisation through innovation. The summit will feature the launch of a framework to help investors and funders identify solutions and technologies with significant potential to reduce greenhouse gas emissions in society, so-called avoided emissions.

Other highlights

The Climate Innovation Summit 2018 programme will include a high-level panel on sustainable finance frameworks to ‘unlock the trillions’.

Confirmed speakers include leading economists and researchers Mariana Mazzucato, Cameron Hepburn and Ben Caldecott, politicians and policymakers including European Vice-President Maroš Šefčovič, and MEP and sustainable finance rapporteur Molly Scott-Cato, as well as pioneers such as Dennis Pamlin, RISE/Mission Innovation.

The summit is intended to make space for truly fresh perspectives on sustainable finance, while leveraging the innovation capacity of EIT Climate-KIC’s public-private partnership – showcasing innovative start-ups, solutions and partnerships, and through deep dives, workshops, pitching and networking sessions

Finance-focused sessions will cover everything from risk disclosure to physical risk for asset managers, landscape financing, infrastructure financing and a new open environmental standard. The European Investment Bank, Mirova, Achmea, Convergence, BNP Paribas, Gold Standard, CDP, Southpole Group, Carbon Delta and ISS Ethix will be among those sharing their insights and expertise.

Media partner Environmental Finance will support the event with a bespoke content hub including features and interviews with key speakers, and access to the site for all registered attendees. The content hub will launch on Monday 10 September featuring an interview with EIT Climate-KIC CEO Kirsten Dunlop.

Sustainable finance gathering momentum

Sustainable finance is gathering momentum, with efforts focused on moving it into the mainstream. In March 2018, The European Commission unveiled its action plan on sustainable finance with a roadmap to help EU drive the estimated €180bn of investment needed every year to cut greenhouse gas emissions by 40 per cent by 2030.

Registration for the Climate Innovation Summit 2018 is now open. Visit www.climateinnovationsummit.org for more details.

 

 
Location
Ireland
Related Goal
Goal 12: Foster bankable green assets in cities
Articles you may be interested in
In The News
Europe’s moment to lead on green financial centres

Pascal Donohue,  Minister for Finance and Stephen Nolan, Sustainable...

Europe’s moment to lead on green financial centres
Opinion
Rewiring finance through climate innovation
Kirsten Dunlop Chief Executive Officer, EIT Climate-KIC
Rewiring finance through climate innovation
In our community
Interview with Karim Tarraf, CEO, Hawa Dawa
Interview with Karim Tarraf, CEO, Hawa Dawa
In our community
Interview with Asger Hansen, CEO, Havsans IVS
Interview with Asger Hansen, CEO, Havsans IVS
Innovation Spotlight
Landscape Finance Lab: Key partnerships with major corporations to drive sus...

In Innovation Spotlight, we explore some of the most promising innovations from around our community. This week,...

Landscape Finance Lab: Key partnerships with major corporations to drive sustainable land use
In The News
Solar Impulse network joins forces with EIT Climate-KIC to accelerate innovati...

EIT Climate-KIC, Europe’s main climate innovation initiative has joined...

Solar Impulse network joins forces with EIT Climate-KIC to accelerate innovation
Opinion
Consumers play a decisive role in the shift towards a circular economy
Ulrike Linnig Innovation Lead, Germany, EIT Climate-KIC
Consumers play a decisive role in the shift towards a circular economy
In The News
Updated Investor Marketplace aims to scale green funding with networks effects

Before the recent launch of EIT Climate-KIC’s new Investor...

Updated Investor Marketplace aims to scale green funding with networks effects
Innovation Spotlight
CRAMS’ comprehensive climate datasets enable financial institutions to...

In Innovation Spotlight, we explore some of the most promising innovations from around our community. This week,...

CRAMS’ comprehensive climate datasets enable financial institutions to satisfy TCFD recommendations
In our community
Interview with Charlotte Thiery, Project Manager, InclusivEV
Interview with Charlotte Thiery, Project Manager, InclusivEV
In The News
UN sustainable finance centres network establishes base in Dublin, home of thi...

A United Nations programme, supported by EIT Climate-KIC, which...

UN sustainable finance centres network establishes base in Dublin, home of this year’s Climate Innovation Summit
In The News
EIT Climate-KIC-supported Climeworks raises €27 million to commercialise CO2...

Climeworks AG, the world leader in capturing CO2 from...

EIT Climate-KIC-supported Climeworks raises €27 million to commercialise CO2 removal technology
Opinion
Harvesting opportunities for health, wealth and climate stability in regenerative agriculture
Daniel Zimmer Daniel Zimmer, Director Sustainable Land Use, EIT Climate-KIC
Harvesting opportunities for health, wealth and climate stability in regenerative agriculture
In Detail
How can digitalisation unlock the circular economy’s potential?

With the global population rapidly increasing, it’s become essential to review our current system to adapt to the growing demand for basic goods and...

How can digitalisation unlock the circular economy’s potential?
In The News
Quantis and EIT Climate-KIC to develop spatial lifecycle analysis tool for sus...

Swiss sustainability consultancy Quantis has launched a two-year project, supported...

Quantis and EIT Climate-KIC to develop spatial lifecycle analysis tool for sustainable supply chains
In The News
Naked Energy secures funding to launch Virtu, the world’s most efficient...

Naked Energy has successfully closed its funding round at...

Naked Energy secures funding to launch Virtu, the world’s most efficient hybrid solar panel
Innovation Spotlight
How hemp can catalyse a cross-industry green shift

In Innovation Spotlight, we explore some of the most promising innovations from around our community. This week,...

How hemp can catalyse a cross-industry green shift
In The News
City of Bologna set to scale up local carbon market after successful EIT Clima...

The development of local carbon markets can catapult cities...

City of Bologna set to scale up local carbon market after successful EIT Climate-KIC pilot
In Detail
Increasing the resilience and sustainability of European forests

What are the climate challenges faced by European temperate forests? What is their potential for climate mitigation, directly, and by relieving commercial pressures on...

Increasing the resilience and sustainability of European forests
In our community
Interview with Christopher Lee, CEO, Climate-KIC Australia
Interview with Christopher Lee, CEO, Climate-KIC Australia
In The News
Zero-water shampoo start-up wins Smart Agrifood Summit award

A biodegradable cosmetics start-up using agricultural waste to make...

Zero-water shampoo start-up wins Smart Agrifood Summit award
In our community
Marie Dittmann, creator of Future of Farming MOOC
Marie Dittmann, creator of Future of Farming MOOC
In The News
Hyperloop pioneers welcome a new era in high-speed transportation with industr...

Leading hyperloop companies TransPod (from Canada), Hardt Hyperloop (from...

Hyperloop pioneers welcome a new era in high-speed transportation with industry-first international alliance
In our community
We’re in innovation, right? So why interact in such traditional ways?
Dr Michelle Zucker EIT Climate-KIC Community Management Lead
We’re in innovation, right? So why interact in such traditional ways?
Innovation Spotlight
How mushroom mycelia are transforming industrial materials

In Innovation Spotlight, we explore some of the most promising innovations from around our community. This week,...

How mushroom mycelia are transforming industrial materials
In The News
EIT Climate-KIC’s Carbon Delta takes on climate disclosures project with...

Carbon Delta, the climate risk analysis company supported by...

EIT Climate-KIC’s Carbon Delta takes on climate disclosures project with the UN
In our community
Interview with Prof. Jacopo Gaspari of EIT Climate-KIC’s PhD Catapult
Interview with Prof. Jacopo Gaspari of EIT Climate-KIC’s PhD Catapult
In The News
Introducing the Innovation Review

EIT Climate-KIC this week launches Innovation Review — a...

Introducing the Innovation Review
Opinion
We need mandatory due diligence on investments, says EU rapporteur
Molly Scott Cato MEP for the South West of England and Gibraltar; Green Party speaker on Brexit and on Finance
We need mandatory due diligence on investments, says EU rapporteur
In The News
Renewables crowdfunding platform Lumo acquired by Société Générale

Renewable energy crowdfunding platform fintech Lumo, supported by EIT...

Renewables crowdfunding platform Lumo acquired by Société Générale