The panel highlights the necessity of setting science-based targets for emissions reduction and fostering collaboration across sectors to enact effective climate policies and sustainable practices. Achieving the 1.5°C goal demands immediate, collaborative, and innovative efforts across all sectors and levels of society
As Secretary-General António Guterres pointed out, “the climate emergency is a race we are losing, but it is a race we can win”. With rising climate challenges, it is evident that now is the time for bold climate actions. The eminent guest will focus on the need to transform in all aspects of society — how we grow food, use land, transport goods, manage resources and power our economies to win the race and achieve our targets.
The panel will underscore the need for business to act. It calls for collaborative efforts between governments, policy makers, civil society, academia investors, and businesses to accelerate the transition to a low-carbon economy and mitigate the impacts of climate change. The leaders will discuss ways to work together to accelerate change and building on transitions to realize SDGs, ESG and Net Zero goals by 2030
- Food systems, energy access and affordability, digital connectivity, education, jobs and social protection, and climate change, biodiversity loss, and pollution.
- Driving ambitious climate action through stronger collaboration on transparency
- How can companies transform their strategies to continue long-term performance while also reducing risk and creating new opportunities around environmental sustainability?
- Mitigation and Adaptation: The secret to future proofed strategies
This discussion will cover the current state of India’s renewable energy sector, including trends in solar, wind, hydro, and other renewable technologies. The policies and regulations driving renewable energy adoption, as well as the role of government incentives and private investment. Key topics will include the scalability of renewable energy solutions, grid integration challenges, and the potential for job creation and economic growth.
Conventional finance is replaced by sustainable finance. Navigating the complex landscape of economic, regulatory, environmental, and technological considerations, transition finance requires a collaborative effort for success. There is need for mobilization of financial resources to support transformation, climate mitigation, adaptation, and resilience-building efforts around the world. While current green and climate finance tools are critical in allocating capital towards the transformation, we will likely need new tools going forward.
- Financing technologies and activities that drive lower carbon outcomes than business as usual.
- Capital allocation and stewardship.
- Sustainable finance bonds – the emerging face of finance
- Transition plans: managing expectations and regulatory compliance
- Critical factors influencing investment decisions in the rapidly evolving landscape of social and environmental impact.
- Climate litigation
Technology can enable a more sustainable approach to living and working. Sustainable technology is an innovative blend of technology aligned with sustainability goals. The leaders panel on driving innovation will focus on the below:
- The transformative role of innovation and technology in advancing sustainability goals across various sectors.
- Advancements in renewable energy, clean transportation, waste management, circular economy practices, and sustainable agriculture
- The role of emerging technologies such as artificial intelligence, blockchain, and Internet of Things (IoT) in optimizing resource use, enhancing environmental monitoring, and enabling smarter and more sustainable systems
Consumer preference and brand building
Governments are employing carbon trading as a strategy to decrease their emissions. Entities that are voluntarily committed to emission reduction can buy these credits with a legal obligation to reduce their greenhouse gas emissions. In India, the notifications were issued by the government in June 2023. It was a significant step towards establishing an Indian carbon market, where carbon credits are generated, sold, and purchased within India. This session will discuss the below points to understand more on the carbon trading market.
- Carbon tax and trading
- Import and Export
- Challenges in establishing a vibrant carbon market
- Policy changes – Balancing profits
