Byline
Michael is a professional leader in the fields of energy investments, complex commercial deals, and sustainability with extensive international experience. His personal interests span from socio-political issues, history, and culture.
From the Archives
The (Un)Sustainability of Growth
By michael on 30/10/2006
At a glance, significant economic indicators of Asian countries may seem to lead them to prosperous states. The medium and long term question is then whether the growth socially and environmentally sustainable? Welfare is more than just dollars or yuans; it is also about the human and the nature – two elements that are not reaping much benefit from the vast growth in Asia . Concerns on ever-widening economic and social gap lurk in as well as environmental degradation.
Category: Business & Society
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