This group should discuss the need to create positive investment conditions
for existing and cusp clean technologies and the policies that would facilitate
doing this. It should also look at the innovation chain and discuss what
needs to be done to enhance it globally. We aim to deliver key messages
on the need to shift the expected future investment as stated by the IEA
of US$22 trillion until 2030 into clean energy solutions.
We should also aim to deliver key messages on
1. Necessity of urgent shift in public and private sector investments for
development and dissemination of LC technologies,
2. The urgent need for a global carbon market and for the financing in
order to underpin the future investment in low-carbon technologies.
3. The role of government to send robust, consistent signals to private
sector. Investments by private sector are much greater than public sector,
and thus very important.
4. Early investments, avoiding “lock-in” is quite important, particularly in the energy sector. |