COP21 :Is Finance in? / Où en est la Finance?

What’s Next? Et après?Towards Global Responsible Financing of

All the 17 Sustainable Goals

COP21 Climate Ambition

Synthesis report on the aggregate effect of the 119 Intended Nationally Determined Contributions (INDCs) : “In light of current and projected climate

change impacts, Parties are determined to scale up their adaptation efforts with sufficient finance, technical capacities and adaptation technology.

Finance needs of individual Parties for implementing the adaptation actions in their INDC range from USD 100M to 200 G”

UnitedNationsClimate

Initiative

Investment Mobilisation

Macro ActionCarbon Price,

Carbon Markets, Carbon Tax,Green Fund

Investors’ Action

Investment/Divestment, Asset Management with

Decarbonisation, Green Bonds

Your ActionSustainable

CrowdFunding,Responsible Investing :

Retail Investing,Microfinance

$331 bn Total CLIMATE FINANCE in 2013

193 bn (58%) Private 137 bn (42%) Public

International Energy AgencyData (2013) : $544 bn Public Finance For Fossil Fuels VS

$137 bn Public Climate Finance

Signal to polluters to reduce emissions or to pay for it1st main type of Carbon Pricing

(ETS) Emissions Trading or Cap-and-trade SystemIndustries with low emissions sell extra allowances to

larger emitters, CO2 reduction rate is pre-defined

2nd main type of Carbon Pricing

Directly sets a price on carbon by defining a tax rate on greenhouse gas emissions

To shift investments from carbon-intensive companies/projectstowards those carbon-efficient

Exclusion (from a portfolio) of investmentassets from carbon-intensive companies

Debt investment - an entity borrows money to fund climate beneficial projects.

Individual investors fundclimate projects

COY11 : €20 428 via crowdfunding

Individual Investment, Saving Accounts.

Banks’, Pension Funds’, Insurance’s Products Traceability.

CRED, Paris II Panthéon-Assas UniversityLiudmila Strakodonskaya

Limitingglobal

warmingto max 2 °C

How to do it ?Via Energy Transition and

Greenhouse gas emissions(GHG, CO2) reduction

What Funding Issues ?

UNFCCC Financial Assistance for Developing Countries

IMF Study 2015 :

$10 million per minute or $5.3 trillion a year – global

fossil energy subsidies