Speakers
Objectives
Despite unprecedented efforts and investments, in recent months, energy transition policy trends in the US and Europe have been disappointing, with the exception of the growth of renewables, which are now an important source of energy in many countries: political support in the EU has declined and may even be reversed as a consequence of the new Trump administration policies, in addition significant investments in decarbonisation have been postponed, while sales growth of electric vehicles has slowed in the EU… The new Commission has issued a number of policy statements and communication papers that lead to the expectation of many policy adjustments that are likely to have an impact on the EU’s energy transition policy. The objective of the session is to clarify the main policy trends observed, the challenges that exist or are emerging in such a context, and to work out what should be the new normal (priorities, approaches, …) for the financial sector in the EU and globally.
Points of discussion
- What are the state and challenges of the energy transition in the EU, USA, and globally, including political, economic, and skill-related obstacles. What are the possible needs of economic actors and potential initiatives? How to qualify the EU Green Deal’s impact and the new Commission’s focus and consequences for energy policies?
- What are the financial sector’s challenges in supporting the energy transition in the EU and globally, including risks and shifting investment priorities? How financial actors are addressing these challenges, such as prioritizing physical risks and aligning with national transition plans?