Thread by @raisinadialogue

#RaisinaDialogue2023 | #JustTransitions: Old Fuels, New #Energy and Persistent Aspirations

We are live tweeting the session with @suman_bery, @Tharman_S, @JoTyndallNZ, @lordstern1, @nitinprasad, @ekitbi and @jayantsinha

Follow this thread for live updates!!

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Watch the session LIVE here: youtube.com/live/4Cy0EBOmn…

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.@Tharman_S: Two things must guide #climatefinance: Scale and urgency. We are way behind meeting our #climate targets and we need to get moving quickly even if it is in an imperfect way.

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.@Tharman_S: We have an opportunity now to put us on the path to #inclusive growth by finding the right pathways to redirect #finance to #climateaction.

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.@lordstern1: There is now a renewed mandate for the MDBs to respond to the objectives of #SDG, #ClimateAction being a key imperative within this broader goal.

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.@lordstern1: Time is of the essence. With already 1.1 degree of warming, we are seeing catastrophic #climate events. There are challenges to scaling up #climatefinance but these cannot be used as excuses for delaying action.

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.@JoTyndallNZ: Policy needs to go together with investments. #Climate change needs to be mainstreamed across all government departments. The urgency of climate change now necessitates transformational change.

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.@JoTyndallNZ: We need to reduce #emissions rather than just shifting emissions to different geographies. We need to employ all tools available to accelerate #ClimateAction.

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.@ekitbi: The #climate solution should be led by those who are responsible for the #emissions in the first place.

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.@ekitbi: #UAE has been criticised for hosting the COP, however, UAE is a country looking to actively work with partners across all stakeholders to resolve key #climate issues. We have already set ourselves strong #netzero targets as well.

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.@ekitbi: The #Ukraine war has seen many countries resort back to #fossilfuels. We now have an ongoing conflict between geo-economics and geo-politics.

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Nitin Prasad (@Shell_India): As a global MNC, #Shell has to balance demands from the Global North and the South such that we can push #GreenEnergy while also helping achieve goals related to #energy access.

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Nitin Prasad (@Shell_India): We have set strong #netzero targets for ourselves but biggest challenge for us is reducing scope-3 #emissions. Our focus is now on providing clear cost-effective #renewable energy solutions to reduce emissions across the #supplychain.

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Thank you for joining us!

Stay tuned for the next session - Turbulence, Temperament, and Temerity: Leadership in the Age of Uncertainty.

@orfonline

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