Why systemic approach to climate finance matters? The policy paper prepared by the Wise Europa, Institute for Climate Economics and NewClimate Institute argues that successful transition in line with Paris Agreement requires robust analytical framework and evidence base to enable large-scale redirection of existing financial flows and mobilisation of new funds towards low-emission measures, such as roll-out of electromobility or improvements of energy efficiency of buildings require.
After 2 years of collaborative actions, we have not only managed to advance knowledge on climate finance flows in Poland, but also to facilitate integration of the discourse in the CEE region.
WiseEuropa experts supported by colleagues from I4CE and NewClimate Institute have prepared the report: Renovation. Landscape of climate finance in the Polish buildings sector. The report emphasizes that buildings renovation does not only play a key role in reducing greenhouse gas emissions, but it can also be a stimulus for the recovery of the European economy after the crisis caused by the COVID-19 pandemic.
On October 27th, policy makers, research institutions and non-governmental organizations from several EU countries took part in the final webinar of the “Landscape of climate finance: Promoting debate on climate finance flows in Central Europe” project. The discussion covered global tracking climate-related investment and finance flows and recent work in this area in the CEE region.
Within the framework of the “Landscape of Climate Finance: Promoting debate on climate finance flows in Central Europe” project, on 18th of December and 29th of June we have organized two webinars: 1. Climate Investment & Sustainable Finance 2. Climate finance tracking and the design of recovery packages
The economic crisis triggered by the COVID-19 pandemic results in additional challenges for the “just transition” in European countries, but also creates new opportunities especially for the CEE region related to the emergence of new low-carbon solutions, as well as an unprecedented redirection of financial flows towards sustainable investments.
The report is the first study in Poland enabling identification of financing sources, determining the involvement of individual groups of investors and presenting the scale of expenditure on renewable energy sources.
Sustainable finance taxonomy and national climate strategies can often work to complement each other by bringing national contexts to provisions outlined in a classification system.
The event is organized within a framework of the project “Landscape of Climate Finance: Promoting debate on climate finance flows in Central Europe” that is implemented by WiseEuropa together with I4CE and the NewClimate Institute.
On Wednesday, 26 June, WiseEuropa organised a conference “Destination 2050: developing long-term climate strategy for Poland”.
