The unprecedented investment gap in energy transition requires an additional US$2 trillion/year more investment in energy systems. This investment must be focused on carbon-critical countries if the world is to see change at the required scale and pace. A growing number of private and public investors are persuaded, but they lack the certainty necessary to justify taking the economic and political risks inherent in energy-transition investment. This paper proposes a novel approach to a proven concept of more than 3,000 investment treaties currently operational: a Climate Change Investment Treaty, focused on protecting carbon-critical investment in carbon-critical countries to help navigate the wicked problem that is energy transition.
Below is a link to a policy brief co-developed with Reg Fowler for the G20 Summit of 2022, as part of the T20 publication:
https://www.t20indonesia.org/wp-content/uploads/2022/09/PB-8-DE-RISKING-INVESTMENTS-IN-ENERGY-TRANSITION_A-CLIMATE-CHANGE-INVESTMENT-TREATY-AMONGST-CARBON-CRITICAL-COUNTRIES.pdf
A climate change investment treaty amongst carbon-critical countries
The unprecedented investment gap in energy transition requires an additional US$2 trillion/year more investment in energy systems. This investment must be focused on carbon-critical countries if the world is to see change at the required scale and pace. A growing number of private and public investors are persuaded, but they lack the certainty necessary to justify taking the economic and political risks inherent in energy-transition investment. This paper proposes a novel approach to a proven concept of more than 3,000 investment treaties currently operational: a Climate Change Investment Treaty, focused on protecting carbon-critical investment in carbon-critical countries to help navigate the wicked problem that is energy transition.
Below is a link to a policy brief co-developed with Reg Fowler for the G20 Summit of 2022, as part of the T20 publication:
https://www.t20indonesia.org/wp-content/uploads/2022/09/PB-8-DE-RISKING-INVESTMENTS-IN-ENERGY-TRANSITION_A-CLIMATE-CHANGE-INVESTMENT-TREATY-AMONGST-CARBON-CRITICAL-COUNTRIES.pdf