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I4CE Newsletter - COP26
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COP26 is about to begin, and once again the financial commitments will be closely scrutinised. In particular, the famous "100 billion" that developed countries have promised to support the low-carbon transition and adaptation in developing countries will be discussed. But this COP will also be an opportunity to take stock of the action of public development banks and the commitments of private financial actors.
What can we expect from these actors? To better understand expectations and what they are doing concretely, I4CE invites you to read its latest blog post of Anuschka Hilke, Director of the Finance Programme, and to follow live the multiple events that I4CE will be part of on the sidelines of COP26. You will discover the challenges for financial actors: climate risks and the limits of this approach, alignment, contribution to adaptation, uncertainty management... And for a first discovery of "green budgeting" tools, I4CE also invites you to a side-event dedicated to this topic.

#I4CExpertViewPoint

Finance at COP 26: Watch out for the unsexy
Climate-related financial risk management is on the agenda of COP 26 and expectations are high. Anuschka Hilke from I4CE explains that the current expectations, however, may not be high enough. An impactful contribution to achieving climate goals will require the financial community to go beyond reducing their exposure to climate-related risks. To do so, they will need to tackle the unsexy, to change business procedures at the heart. 

#COP26 #Event

The I4CE team will be moderating and organising a number of events at COP 26, both on its own behalf and as the Secretariat of the Mainstreaming Climate in Financial Institutions Initiative. They are open to the public and you can watch them live from home !

#EnvironmentalBudgetAssessment

Green budgeting: how to make it happen
Thursday 4 November  - 19.10 - 19.30 (CET Glasgow time)
Organised by the European Union and moderated by Louise Kessler of I4CE.
Online event

#PublicDevelopmentBank

Understanding and managing transition risk for development banks 

Wednesday 3rd November - 09:30-11:00 (CET Glasgow time)
Organised by Mainstreaming Climate in Financial Institutions, with the support of the French Development Agency (AFD) 
Oline livestream or at the IDFC pavilion at COP26.

Aligning financial chains with the Paris goals – supporting the private sector in transition

Thursday 4th November - 15:00-16:15 (CET Glasgow time)
Organised by European Investment Bank, Global Reporting Initiative, Mainstreaming Climate in Financial Institutions.
Online livestream (link available on Monday on the Mainstreaming Climate in Financial Institutions website)

How are PDBs increasing their contribution to the Adaptation Goal of the Paris Agreement? 

Monday 8th November - 18:00-19:30 (CET Glasgow time)
Organised by Mainstreaming Climate in Financial Institutions.
Oline livestream or at the IDFC pavilion at COP26.

Making Climate Finance Work in an Uncertain World 
Tuesday 9th November - 14:00 – 15:30 (CET Glasgow time)
Organised by Mainstreaming Climate in Financial Institutions, with the support of the French Development Agency (AFD).
Oline livestream or at the IDFC pavilion at COP26.

Operationalizing Paris alignment 
Thursday 11th November - 13:30 – 15:00 (CET Glasgow time)
Organised by IDFC, in partnership with Germanwatch, I4CE, NewClimate Institute, WRI.
Oline livestream or at the IDFC pavilion at COP26.

#I4CE_Project

Secretariat of the Mainstreaming Climate in Financial Institutions Initiative
With 53 financial institutions, Mainstreaming Climate in Financial Institutions is a unique international forum for public and private financial institutions to discuss how to mainstream climate change. At COP26, the Initiative will formally announce its new name and launch a new toolkit for financial institutions.

#Tweets of the moment

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