The need to transition to a low-carbon, renewable energy-based economy is more urgent than ever as we seek to reduce the carbon emissions associated with fossil fuels. A key part of this transition includes significant investment in renewable energy developments. However, while essential to tackling climate change, the vast scale of development in the renewables sector must not come at the expense of nature and the interconnected existential threat of biodiversity loss. Careful and coordinated planning is needed to ensure that renewable energy contributes not only to a just transition through job creation and increased energy access but also to tackle the biodiversity crisis by supporting global conservation and restoration goals.
Hosted by Fauna & Flora in collaboration with the International Union for Conservation of Nature (IUCN), Ipieca, and the International Council on Mining and Metals (ICMM), this side event will provide delegates with an understanding of the opportunities and challenges associated with ensuring that the much-needed rapid transition to renewable energy also contributes to a just transition and aligns with national and global conservation and restoration strategies.
Participants will also learn from examples of best practices from the energy industry, investors, and policymakers.
An opening speaker will set the scene, describing the scale, nature, and speed of renewable energy investment required, and the risks and opportunities associated with this. This will be followed by a discussion on the sourcing of raw materials for renewable energy installations, and the development and operation of wind and solar installations. Discussions will involve experts from government, the private sector, NGOs, and investment banks.
Contact persons are;
Libby Sandbrook, Director of Business & Nature in Fauna & Flora
Rachel Asante, International Union for Conservation of Nature (IUCN)
Yamile Julio Castillo, International Petroleum Industry Environmental Conservation Association (IPIECA)
John Lindberg, International Council on Mining and Metals (ICMM)