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
A new air and climate plan for Milan

The City Council of Milan approved the Air and...

A new air and climate plan for Milan
In The News
Meet the three EIT Climate-KIC innovators nominated for EIT Awards

Three innovators from EIT Climate-KIC’s community have been nominated...

Meet the three EIT Climate-KIC innovators nominated for EIT Awards
In The News
100 European cities take up the challenge to become carbon neutral by 2030

On Monday 13 June, the representatives of the 100...

100 European cities take up the challenge to become carbon neutral by 2030
In The News
The role of cities and regions in transforming wood value chains

Climate smart forest economies It’s a crucial decade for...

The role of cities and regions in transforming wood value chains
In The News
Glasgow City Region pioneering forest economy innovation to drive climate acti...

Scotland’s largest city region is actively tackling climate change...

Glasgow City Region pioneering forest economy innovation to drive climate action
In The News
Forging sustainable timber construction in Europe

EIT Climate-KIC and Built by Nature, announce an initiative...

Forging sustainable timber construction in Europe
In The News
EIT Climate-KIC launches new Circularity Thinking training programme

EIT Climate-KIC is launching Circularity Thinking courses to tackle...

EIT Climate-KIC launches new Circularity Thinking training programme
In The News
EIT Climate-KIC announces four winners of EIT Community Booster

EIT Climate-KIC selected four cleantech start-ups to be part...

EIT Climate-KIC announces four winners of EIT Community Booster
In The News
Science reveals last paths to stop irreversible planetary damage

Climate change is going to get worse, but curbing global warming is...

Science reveals last paths to stop irreversible planetary damage
In The News
EIT Community presents New European Bauhaus Ideation Awards winners

Supported by the EIT Community, the New European Bauhaus...

EIT Community presents New European Bauhaus Ideation Awards winners
In The News
EIT Climate-KIC joins forces with the Government of Ireland to stimulate clima...

The Ministry of Agriculture, Food and the Marine of...

EIT Climate-KIC joins forces with the Government of Ireland to stimulate climate innovation in the agri-food sector
In The News
Climate Lab: EIT Climate-KIC co-initiates hotspot for Vienna’s climate ambit...

Climate Lab in Vienna will give climate actors an...

Climate Lab: EIT Climate-KIC co-initiates hotspot for Vienna’s climate ambitions
In The News
Seven takeaways from the latest IPCC report

On 28 February, the IPCC Sixth Assessment Report (AR6)...

Seven takeaways from the latest IPCC report
In The News
EIT launches new Global Outreach website

The European Institute of Innovation and Technology (EIT) has...

EIT launches new Global Outreach website
In The News
EIT Climate-KIC and Amazon launch call for sustainable start-ups

Working on transformative, systemic innovation to accelerate a net-zero...

EIT Climate-KIC and Amazon launch call for sustainable start-ups
In The News
Votes open for the 2021 New European Bauhaus Ideation Awards – Audience Awar...

Do you want to support innovative solutions that integrate...

Votes open for the 2021 New European Bauhaus Ideation Awards – Audience Award
In The News
Brill Power’s new innovation radically increases battery life and storag...

Brill Power, supported by EIT Climate-KIC, has launched the...

Brill Power’s new innovation radically increases battery life and storage capacity
In The News
EIT Climate-KIC CEO Dr. Kirsten Dunlop gives TEDx Talk

EIT Climate-KIC CEO Dr. Kirsten Dunlop delivered a talk,...

EIT Climate-KIC CEO Dr. Kirsten Dunlop gives TEDx Talk
In The News
Putting theory into practice: EIT Climate-KIC Pioneer innovating the Greek mar...

To tackle complex climate challenges, we need a broader...

Putting theory into practice: EIT Climate-KIC Pioneer innovating the Greek maritime sector
In The News
EIT launches call for proposals to boost innovation in Higher Education Instit...

Unlocking the potential of higher education institutions for innovation...

EIT launches call for proposals to boost innovation in Higher Education Institutions
In The News
Dolomites forging climate resilience

The Italian Dolomites, a UNESCO World Heritage Site, are...

Dolomites forging climate resilience
In The News
People-powered resilience: Andalusia announces new climate action plan

The region’s climate action plan has been announced, with...

People-powered resilience: Andalusia announces new climate action plan
In The News
Built by Nature: new initiative to accelerate the transition to sustainable co...

The built environment accounts for close to 40 per...

Built by Nature: new initiative to accelerate the transition to sustainable construction in cities
In The News
The State of California and EIT Climate-KIC advance partnership for climate in...

Glasgow, 8 November – The California Governor’s Office of...

The State of California and EIT Climate-KIC advance partnership for climate innovation
In The News
COP26: UN Climate Change and EIT Climate-KIC partner to establish new Global I...

A new digital Global Innovation Hub has been launched at...

COP26: UN Climate Change and EIT Climate-KIC partner to establish new Global Innovation Hub
In The News
ClimateLaunchpad announces 2021 competition winners

EIT Climate-KIC’s ClimateLaunchpad – the world’s largest green business...

ClimateLaunchpad announces 2021 competition winners
In The News
EIT Cross-KIC New European Bauhaus launches Ideation – Deadline Extended

EIT Climate-KIC has launched a call for ideas on...

EIT Cross-KIC New European Bauhaus launches Ideation – Deadline Extended
In The News
Call for proposals: Scaling the New European Bauhaus Ventures

The European Institute of Innovation and Technology (EIT) has...

Call for proposals: Scaling the New European Bauhaus Ventures
In The News
Glasgow City Region in the race to resilience

Glasgow, which is hosting this year’s UN Climate Change...

Glasgow City Region in the race to resilience
In The News
Gipuzkoa’s quest for sustainability

Gipuzkoa, the smallest Spanish province located in the Basque...

Gipuzkoa’s quest for sustainability