Innovative Climate Finance

Event Type
International Expert Discussion during UNFCCC SBs

Location / Date
Bonn, 10.06.2024

German Institute of Development and Sustainability (IDOS)

CLIMA: Auction-Based Subsidies in Low- and Middle-Income Countries

We are excited to extend an invitation to participate in a pivotal expert panel discussion focused on transforming international climate finance through results-based payments. Our session will delve into the innovative mechanism of reverse auctions for subsidies, specifically targeted at achieving quantifiable climate outcomes. Climate Impact Auctions (CLIMA) promise to rapidly scale up both mitigation and adaptation strategies. It has practical applications in renewable energy, biochar production, enhanced rock weathering, and other areas.
The panel will explore the numerous benefits of this approach, including its cost-effectiveness, facilitation of access to climate financing for small and medium-sized enterprises, and ability to produce measurable outcomes.

Join us as we critically evaluate this CLIMA proposal’s potential and challenges and discuss its integration into the existing climate finance landscape to foster more effective climate action.

We look forward to your contributions to this important conversation.

Programme

Welcome

• Clara Brandi, German Institute of Development and Sustainability (IDOS)

Introduction to CLimate IMpact Auctions (CLIMA)

• Aidan Hollis, University of Calgary

Expert Panel Discussion (chaired by Dr. Georg Kobiela, Bellona)

• Pieter Pauw, Eindhoven University of Technology
• Magdalene Silberberger, University Witten/Herdecke
• Joanes Atela, African Research and Impact Network

Hinweis

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