Innovators and Global Leaders

Summary

Plenary Session (Part 2)

- Future Perspectives on Innovations to Tackle Climate Change -

Session background and objectives

There will be short speeches and discussion from global leaders, innovators and visionaries. The session will focus on the future perspectives on innovations to tackle climate change.

Speakers

Carlo Carraro

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Scientific Director, Fondazione Eni Enrico Mattei; President Emeritus, University of Venice; Vice Chair, IPCC WG III

Abstract:

Perspectives on innovations to tackle climate change: the governance dimension

Climate change control requires innovation also in the governance process. If the objective is to keep temperature increase below or around 2C, we need massive investments in the development of new technologies. There is no way to maintain temperature increase at about 2C if (i) technologies to remove large amounts of CO2 from the atmosphere, and (ii) technologies to store large amounts of energy at low costs, are not developed. At the same time, climate clubs, namely a subgroup of countries implementing more ambitious and effective climate policies than others, may be the only practical approach to address the lack of incentives to reduce GHG emissions characterizing most, if not all, countries. In climate clubs, incentives to undertake ambitious GHG emission reduction efforts may come from adopting R&D and innovation policies that provide benefits exclusively to club members. Therefore, R&D cooperation policies are beneficial both because they provide innovation to reduce the costs of a unit of abated carbon and because they provide the incentives for club/coalition formation.

Pierre-Etienne Franc

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Vice President, advanced Business and Technologies World Business Unit, Air Liquide; Former Chairman of the Fuel Cells and Hydrogen Joint Undertaking

Abstract:

Today, technological hurdles to achieve the Energy transition do not constitute anymore central issues. The key challenges are Speed, Volume and efficient international coordination.
Air Liquide promote several concepts to help solve those challenges, especially around the transport transition to clean mobility.
The first one is called “cluster innovation", the full chain of innovation from energy to mobility with Biogas to Methane and Hydrogen solutions.
The second is around innovative Business Models, replicable business cases of sustainable and alternative mobility schemes.
The third is around the development of new financing tools to allow a collective engagement of stakeholders into financing massive infrastructure needs.
The fourth is to design dedicated organizations within large companies to gain the required speed and autonomy to follow the energy transition agenda and pace.
We need both speed and comfort, i.e., strong long term incentives and regulations from Policy Makers are more critical than ever.

Anatoly B. Chubais

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Chairman and Chief Executive Officer, RUSNANO, RUSSIA

Fidel Castro Diaz-Balart

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Scientific Advisor, State Council of Cuba; Vice-President of the Academy of Sciences of Cuba

Takehiko Nakao

CV

President, Asian Development Bank

Discussion

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