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Page 1: Environmental, Social and Financial Impact of Climate Change in Europe

at COP21 7-8 December 2015, Paris

www.cop21paris.org

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Renewable power installations

accounted for 79.3% of newinstallations during 2014:

21.3GW of a total 26.9GWof new power capacity, up from

72% the previous year.

14 EU countries overachievedtargets for integrating electricity

from renewables in 2012

The Environmental, Social andFinancial Impacts of Climate

Change in Europe

Green Investment Potential in EuropeIn 2014 'green' investment in Europe dropped by one �fth to $35bn. Europe's former Climate Chief Connie

Hedegaard called for a greater proportion of the EU’s budget to be dedicated to climate related issues, which would assist Europe in accelerating green economic growth.

12% increase 12% increase in wind power

technology since 2013

The Growth of Current and FutureTrends in Clean Technology

Did You Know?

Did you know?

Demand for sustainableinvestment is expected to increase

65% of individual investors expectsustainable investment to become

more prevalent in the next �ve years

Individual investors have a positive butconflicted view of sustainable investment

Female investors are adopting sustainable investmentat a faster rate than their male counterparts

71% of individual investors are interestedin sustainable investment

54% believe choosing between sustainability and�nancial gains is a trade-o�

I believe that environmental, social, andgovernance factors are important aspects

to consider when making an investment

76% Agree

60% Agree

I seek to achieve balance betweenrate of return and environmental

impact when making an investment

40% Agree

23% Agree

Available Funding and Investmentfrom Organisations for Green Projects

In mid-2013 Munich Re reached €1bnof its €2.5bn renewable

energy investment target

£65bn is to be invested byCitibank into green

projects by 2020

€9.1 billionwill be invested in

trans-Europeaninfrastructure by the

European Commission

€54.7 billionwas provided by European investors for

renewables in 2014 down from €92.6bn in 2012(due to the fall in energy e�ciency projects)

€604mnwas secured throughthree IPOs in quarter

3 of 2013

The Inter-American Development Bank’s (IDB) Fundfor Special Operations (FSO) provides �nance to

most vulnerable countries that are seeking toincrease the development impact of their country.

The IDB is one of four organisations implementing a $7.6bn clean tech and

climate resilience fund, targeting 48 developingand middle income countries worldwide.

Shareof New Power CapacityInstallations In EU (MW)

Ener

gy Te

chno

logy

€€ €

Europe’s Financial ContributionTo Renewable Energy Projects

to local banks in EasternEurope since 2006

The European Bankfor Reconstruction &

Development pledgedover €2bn

€1bn was pledgedby the European Commissionfor 19 renewable projects in

2014 under the NER 300funding programme

€2bn hasbeen invested

by The European InvestmentBank (EIB) into low-carbon

renewable-energy projects to date

to wind energy technologyR&D between 2007-2011

€88mn wascontributed by EU

funding programmes

In 2013 €2.35bn was invested inrenewable energy projects via the Framework

Programme for Research and TechnologicalDevelopment (FP7) funding programme

€ €

“ “

Achim Steiner, Executive Director, UNEP

Investing and re-investing inthe planet’s ecosystem infrastructure can go a long way

to buffering at-risk communities from the worst of the impacts, whilstalso being a major adaptation policy against climate change

@Climate_Action_

www.cop21paris.org

The 21st century saw globalaverage sea levels rise by

0

1.7

3.4

5.1

6.8

8.5

10.2

1.7 mm a year1.7 mm a yearare exposed to heat waves,

�ooding or rising sea levels as a result of climate change

4 out of 5 Europeans4 out of 5 Europeans Between 2000 and 2010losses from extreme

weather damages reached

€4 bn €4 bn

in Europe will be electricvehicles by 2025

10% of new carregistrations

10% of new carregistrations

of Europe's total electricity consumption in 2015

Solar accounts forapprox 3%

Solar accounts forapprox 3%

€296mn was invested €296mn was invested in clean technology development

by venture capital, private equity �rmsand european clean energy companies

(excluding buyouts) in the second half of 2013

In 2012 Avivapurchased

a portfolio of feed-in-tari�solar assets for £100mn

Top Five European ProjectFinance Transactions

Netherland 600MW Wind Farm

Developer: Van OordNV Equity Provider:

Northland Power Inc

Developer: Eco 2 LtdEquity Provider: PensionDanmark A/S /

Burmelster and Wain Scandinavian Contractor AS

UK 40MW Biomass Plant

€372m

€229m

Sweden 84.6MW Wind FarmDeveloper: EnerconGmbH / Svevind AB

Equity Provider: EnerconGmbH / Svevind ABDebt Provider: Skandinaviska Enskilda

Banken AB / KfW IPEX Bank

€170m

Developer: Wiener Wohnen GmbHDebt Provider: European Investment Bank

Austria EnergyEfficiency Programme

€147m

Developer: Siemens Energy AG / EDF Energy NouvellesEquity Provider: Mitsubishi Corp / EDF Energies Nouvelles

Debt Provider: HSH Nordbank AG / Nord LB

France 72MW Wind Farm

€145m

Wind11,791.4 43.7%

Solar PV8,000 29.7%

Coal3,305 12.30%

Gas2,338.9 8.70%

Biomass990 3.70%

Hydro436 1.60%

Ocean1.3 0.01%

Waste68 0.30%

Geothermal45 0.20%

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