On 12 December 2017, two years to the day since the historic Paris Agreement, the One Planet Summit kicked off at “La Seine Musicale” with the aim of bringing together actors of public and private finance. The goal was to explore ways of innovating, supporting and accelerating our common fight against climate change.
The event was organized around 4 discussion panels. Jean Yves Le Drian, Minister for Europe and Foreign Affairs, co-chaired the first panel, along with Rémi Rioux, President of the International Development Finance Club, and Kristalina Georgieva, Chief Executive Officer of the World Bank.
Panel 1: Scaling-up finance for climate action
Today’s investments are shaping the world of tomorrow. In order to reduce greenhouse gas emissions and to adapt to the adverse impacts of climate change, the investments needed are in the range of trillions of dollars. In this context, public finance has a key role to play but will not alone foster resilient and sustainable development for all. It should more specifically support the elaboration of long-term climate policies and leverage private finance.
Panel 2: Greening finance for sustainable business
The involvement of all actors of finance is key in the fight against climate change and for the transition towards an economy that emits less greenhouse gases and can adapt to future evolutions. All actors, from financial institutions to public authorities must continue to innovate to this end. What is at stake is to push the financial sector in taking a longer-term perspective by better accounting for climate.
Panel 3: Accelerating local and regional climate action
Cities, states and regions across the world are making strong commitments to take action on climate change, laying the groundwork for higher ambition by national governments. However, they do not always have clear pathways to finance the implementation of their commitments with the scale needed. Moreover, their contributions to the Paris Agreement and to National Determined Commitments (NDCs) could be better recognized.
Panel 4: Strengthening policies for ecological and inclusive transition
Governments have a fundamental role to play to ensure the objectives of the Paris Agreement. If the mobilization of all is required to meet our goals, public policies must send strong economic and political signals so that all actors can deeply change their production and consumption patterns towards low-carbon solutions. In light of climate change impacts, which are already felt, it is also crucial to strengthen resilience and adaptation to protect even more citizens from extreme climate events.
In parallel with the One Planet Summit, many approved events were organized by public, private and community partners in order to participate in the mobilization and the implementation of concrete solutions for climate action.
In this context, the Ministry for Europe and Foreign Affairs, organized, on the eve of the Summit, a conference entitled "What Funding for Women? ". It addressed the contribution of women to the fight against climate change and the challenges of taking into account gender in this realm.
On the same day, Mrs Ségolène Royal, Special envoy for the implementation of the International Solar Alliance, and Mr Vinay Kwatra, Ambassador of India to France, hosted a first meeting on the implementation of the Alliance, at the Ministry for Europe and Foreign Affairs.
For more information, consult
- the official website of the event: https://www.oneplanetsummit.fr/en/
- our page "Five question on the One Planet Summit"
The One Planet Summit was organized jointly by France, the United Nations and the World Bank, in partnership with the United Nations Framework Convention on Climate Change (UNFCCC), the We Mean Business Coalition, the Global Covenant of Mayors for Climate and Energy, the European Commission, the C40 Cities Network, the OECD and Bloomberg Philanthropies.