The green transition, a shift toward a sustainable and low-carbon economy, is essential for addressing the global climate crisis. As the impacts of climate change become more evident, nations and industries face the dual challenge of both mitigating future emissions and adapting to the unavoidable consequences of climate disruption. The balance between mitigation—efforts to reduce greenhouse gas emissions—and adaptation—measures that increase resilience to climate impacts—is critical in defining how societies can achieve sustainable development.
While mitigation focuses on long-term strategies such as reducing carbon emissions through renewable energy and energy efficiency, adaptation emphasizes immediate actions to protect communities, infrastructure, and ecosystems from climate impacts like extreme weather, sea-level rise, and shifting agricultural patterns. This event will explore how countries, businesses, and financial institutions can integrate both mitigation and adaptation approaches to create a balanced, comprehensive strategy for the green transition.
Key Discussion Points:
- Mitigation versus Adaptation Trade-offs: How limited financial resources and policy priorities shape the allocation of investments between mitigation and adaptation efforts, especially in developing economies.
- Financing the Green Transition: The role of green bonds, climate finance, and blended finance solutions in supporting both mitigation projects and adaptation initiatives.
- Policy and Regulatory Frameworks: How governments can create integrated policies that incentivize both mitigation and adaptation, with a focus on carbon pricing, regulatory incentives, and climate resilience planning.
Agenda:
Opening remarks by Rym Ayadi, Founder and president, EMEA – moderator of the event
Panel: (TBC)
- H.E Hala Elsaid, former Minister of Planning and Environment from the Republic of Egypt
- UfM speaker
- Eleonora Cogo, Senior Associate International Finance at ECCO
- UNMAP speaker
- Nathalie Hilmi, Section Head of Environmental Economics, Centre Scientific de Monaco, EMEA Advisor
- Giovanni Ferri, Professor of Economics, LUMSA University
- PRIMA speaker
Date: 20 November 2024
Time: 16:00 – 17:00 AZT / 13:00- 14:00 CET
Venue: Mediterranean Pavilion, COP 29 Conference centre, Baku, Azerbaijan, and online
Event format: Hybrid (In-person and virtual participation)
