Accelerating Clean Energy Technology Transformation with the Private Sector
An Asia Clean Energy Forum (ACEF) 2019 Deep Dive Workshop
Mobilizing private sector participation to address climate change is an important issue for policymakers in Asia-Pacific. Sector-specific calls for enhanced private sector finance and engagement for climate technology development, transfer and deployment have been issued by various regional and international organizations, while organizations such as the Asian Development Bank, World Bank, and UN Environment are all piloting innovative green financing mechanisms in the region. In fact, Asia-Pacific accounts for almost half of the world’s value of climate aligned bonds.
Seventy-nine (79%) of Nationally Determined Contributions (NDCs) in Asia-Pacific identify technology transfer and specific technology needs as priorities. Since 2015, there has been a surge in climate finance investments, particularly coming from the private sector – brought about by maturing renewable energy technologies that now requires less public investment to attract private capital. More than 150 billion USD worth of investments in renewable energy technologies flowed through the Asia Pacific during 2015 and 2016.
The objective of this Deep Dive Workshop is to enhance private sector participation in clean energy technology partnerships. The workshop will feed into the CTCN public-private matchmaking event to be held in the fourth quarter of 2019.
The Deep Dive Workshop is supported by contributions from the European Commission and the Ministry of Economy, Trade and Industry of Japan.
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 17 Jun 2019 | Panel 1: Benefits and Challenges of Public-Private Partnerships to Drive Clean Energy Transitions |
Promoting Climate Technology R&D and Private Participation This presentation gave an overview of the Republic of Korea's national target for GHG reduction, as well as its national research and development budget... |
Su Jin Park |
| 17 Jun 2019 | Panel 1: Benefits and Challenges of Public-Private Partnerships to Drive Clean Energy Transitions |
Public-Private Partnerships To Drive Clean Energy Transitions In Indian Power Sector This presentation gave an overview of the evolution of private-public partnerships in various sectors in Indiaand its energy sector. It also showcased... |
Narayankumar Sreekumar |
| 17 Jun 2019 | Panel 1: Benefits and Challenges of Public-Private Partnerships to Drive Clean Energy Transitions |
Importance of R&D Cooperation as a First Step for PPP This presentation showcased a case study illustrating a public-private partnership linked overseas development assistance (ODA), as well as aninternational... |
Jaeryoung Song |
| 17 Jun 2019 | Panel 2: Opportunities for Private Sector Growth from Clean Energy Transitions |
Private Sector Network to Accelerate Financial Closure This presentation gave an overview of the Private Financing Advisory Network (PFAN), a multilateral public-private partnership initiated by the Climate... |
Peter Du Pont |
| 17 Jun 2019 | Panel 2: Opportunities for Private Sector Growth from Clean Energy Transitions |
A Case Study on Deploying Carbon Capture Technologies This presentation showcased two power facilities with carbon capture and storage (CCS) facilities in Saskatchewan, Canada. It also emphasized how CCS ... |
Beth Hardy |
| 17 Jun 2019 | Panel 2: Opportunities for Private Sector Growth from Clean Energy Transitions |
Energy Efficiency Market Transformation - Drivers-Demand or Financing This presentation shared two strategies that aimed to transform the energy efficiency market in India. It also showcased two programs: the Unnat Jyoti... |
Rajeev Ralhan |