Unlocking sustainable energy investments
On 12 May 2017, energy policy experts and state representatives gathered at the Brussels International Energy Charter Forum. On the agenda was how to unlock sustainable energy investments to fulfill the promises in the Paris Agreement and Sustainable Development Goals.
The Energy Charter Secretariat hosted the event at its new headquarter in Brussels. In front of more than a hundred participants, speakers provided their insights about the importance energy policies that are stable and long-term, both on domestic and regional levels.
In her opening remarks, SCC Secretary General Annette Magnusson emphasized that the Energy Charter Treaty represents an important legal framework in promoting sustainable energy investments. She also mentioned that in Sweden, there has been discussion about making the fulfillment of climate change mitigation targets a matter of law.
Rachel Kyte, CEO for the global initiative Sustainable Energy for All (SE4ALL), set the scene for the conference with her keynote speech by underlining that there is no shortage of capital to achieve a sustainable energy for all. She mentioned that in some countries, trends have been positive, for instance in the latest power generator bid in India, the price of electricity from solar panel outperformed those from fossil-based sources.
Finally, SCC Communications Consultant Sukma Dwi Andrina presented the Stockholm Treaty Lab Prize, where the SCC aims to contribute to a better policy-making to boost green investments through initiating an innovation contest.
The SCC has been cooperating with the Energy Charter Secretariat on a number of conferences before, including by hosting the Stockholm Energy Charter Forum in February 2016.