Innovators and Global Leaders

Plenary Session 1

- Driving Innovation for Net-Zero Emissions: Role of Business and Market -

Session background and objectives

Following the key concept of “the global Net Zero Anthropogenic Emissions of CO2” which was agreed in ICEF 2016, the theme of Plenary Session 1 is “Driving innovation for Net-Zero Emissions: Role of Business and Market”. Innovation for reducing CO2 emissions is becoming increasingly important at a time when political will directed toward climate change mitigation is unpredictable. The private sector takes an active role in encouraging innovation and changing the world through innovation. How they drive innovation is influenced by the support and stimulation provided by various stakeholders. This session will focus mainly on what really drives innovation in view of business and market. How could business become more innovative and climate-friendly? How could stakeholders help business to foster innovation?


Nobuo Tanaka[Moderator]


Chairman, The Sasakawa Peace Foundation; Former Executive Director, International Energy Agency (IEA)

Anneli Pauli

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Hors Classe Adviser (Innovation and Competitiveness), Directorate-General Climate Action, European Commission


Ms Pauli's presentation will highlight more than two decades of EU's experience in designing and implementing climate policies in order to drive the transition to low greenhouse gas emissions economy. The emphasis will be on how consistent policy signals to industry, businesses and investors are fundamental to creating a holistic enabling environment to drive this transition. The role of policies and regulations and aligned standards combined with coordinated approach to investment and deployment of targeted financial instruments will be presented as key element of this approach. Furthermore, the importance of skills, research and innovation in the path to low-emissions future and for achieving climate goals will also be addressed.

Michael Liebreich

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Chairman of the Advisory Board and Founder of Bloomberg New Energy Finance

Hiromichi Mizuno

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Executive Managing Director and CIO, Government Pension Investment Fund (GPIF), Japan


Recently, ESG has been increasing its relevance among the long-term investors like GPIF, that seek to maximize its portfolio’s investment return over the long run by minimizing the negative externalities, such as climate risks and social issues. Investors regard the ESG as the key to make the market sustainable and stable, while corporations can increase their enterprise values by improving their ESG evaluations. ESG factors are mutually beneficial both for investors and corporations, and we expect that the overall markets and economies will steadily thrive and grow through the ESG integration, and contribute to a more sustainable society.

David Turk

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Acting Director, Directorate of Sustainability, Technology and Outlooks, International Energy Agency (IEA)


The global energy system is changing. More people are achieving energy access. Demand for consumer appliances and electronic devices is rising. New and innovative transportation technologies, such as electric vehicles and autonomous cars, are being developed. However, overall global investment in energy innovation -- both public and private -- has remained relatively flat.
Drawing from the International Energy Agency's latest global assessment on global clean energy research and development, this presentation shares the very latest trends and provides insights for governments, companies and other stakeholders going forward about the importance of and opportunities for accelerated technological advances.

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