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Navigating Climate Engineering as an Investor

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*Invitation Only Event*

Navigating Climate Engineering as an Investor

Join the Climate Solutions Collaborative (C2C) on Tuesday, June 19th in New York City, 10:00am - 1:00pm ET at Thomson Reuters in Times Square for an in–depth workshop to explore how foundations and investors can engage around climate engineering to foster the responsible deployment of these solutions. This 3-hour discussion will provide scientific background about the potential dangers of geoengineering, a global governance status update, and insight about the companies and managers that stand to benefit from implementation. The session will also explore shareholder engagement strategies for managing portfolio risk around private climate engineering. Facilitation will feature presentations and interactive breakouts to immerse participants in these complicated topics. Lunch will be provided.

 

Background

For years, scientists have warned us, with increasing levels of urgency, of the need to reduce our greenhouse gas emissions in order to prevent devastating changes to our climate and, by extension, all of humanity. A shortage of political and cultural will to take action is propelling the prospect of this scenario toward becoming an unavoidable reality. A report from the Intergovernmental Panel on Climate Change, expected later this year, promises a dire warning and wake-up call to all of those who have been sitting on the sidelines.

Tackling climate change will require bold solutions. Climate engineering projects involving large-scale efforts to remove greenhouse gasses (mainly CO2) from the atmosphere, and to manage solar radiation, are a central part of this discussion. A small group of scientists and business interests have been advancing these emerging technologies, with discussions taking place outside of government circles and in a small number of private and government labs. While the prospect of such large-scale impact can be attractive, current global frameworks are ill prepared to effectively manage projects with far-reaching implications for both people and the planet.

Questions remain for responsible investors: Are these technologies suited for solutions-oriented climate and energy investors? What are the ethical and moral implications of such approaches, and will there be challenges when it comes to public perception, political power dynamics and global governance structures? Who has the hand on the thermostat if we truly end up being able to control the global temperature? How can investors engage with the companies driving this agenda? Are these approaches too immature for early investors and, if so, who should bear the cost and responsibility for the research and development of these technologies?

We hope that you will join us for this watershed discussion, as we look to advance the responsible deployment of climate solutions.

 

Speakers will Include:

Drew Jones, Co-Director, Climate Interactive

Irene Krarup, Executive Director, V. Kann Rasmussen Foundation

Dana Lanza, CEO, Confluence Philanthropy

Simon Nicholson, Assistant Professor of International Relations, Director of the Global Environmental Politics Program, School of International Service, American University