JETI - AIGCC Online Seminar on Business, Finance and Climate Change:
Policy Innovation in the Power Sector Towards Net Zero Emissions


Date: Wednesday 21st July 2021
Time: 16:00 – 18:00 (JST) / 08:00 – 10:00 (BST)
Format: Zoom Webinar with simultaneous interpretation for Japanese-English
Cost: Free


Hosts: Japan Energy Transition Initiative (JETI) and Asia Investor Group on Climate Change (AIGCC)

Audience: Targeting stakeholders in the power sector, investors, media and policy leaders

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JETI Online Seminar Series


This online seminar series is a gathering of senior leaders from business, finance, policymaking and think tanks to discuss issues and solutions towards driving innovation in policy towards reducing greenhouse gas emissions. A particular focus will be on greater multi-stakeholder participation in climate change solutions in Japan. A desired outcome is that the conference will trigger new partnerships and practical ideas around climate policy innovation among stakeholders from business, finance, research, and policymakers. Participation will be free of charge but limited to individuals active in driving solutions and innovation in their fields (business, finance, think tanks/research, policymakers).






Objective


Governments around the world, including the US, Europe and Japan, have set net zero targets for 2050 to address the challenges of climate change. The role of the electric power sector in meeting these targets will be crucial and given the long planning cycles involved, decisive action is likely needed in the short term to meet long term goals. This seminar brings together key stakeholders of Japan’s power sector along with the head of Europe’s key electric power industry association to discuss how the industry globally can work with governments on policy innovation towards meeting climate targets.

The collaboration between the power sector and the government will be key to Japan meeting its net zero targets. The highly anticipated revision of the Strategic Energy Plan this year will spell out the country's power mix for 2030 and this will have major implications for medium- and long-term emissions trajectories.

Demonstrating the importance of the sector to investors, 13 major institutional investors in June 2021 began an engagement program (convened by the AIGCC) to drive the net zero emissions transition in Asian electric utilities, including two Japanese utilities. The seminar will feature a representative of a major Japanese financial institution involved in this engagement initiative.

Agenda

Opening (10 min)

JETI / AIGCC

Opening Remarks (10 min)

Context and framing
Kei Takahashi, Policy Researcher, IGES

Presentations (50 min)


Kristian Ruby, Secretary General, Eurelectric
"Direction of EU climate policy, and electrification as a winning strategy to combat climate change" (TBC)

Katsuhito Manabe, Chair of the Board, REASP
"The contribution of renewable energy industry for the ”main power supply” in 2030"

Seiji Kawazoe, Senior stewardship officer, Sumitomo Mitsui Trust Asset Management
"Investor expectation on utility companies' transition" (TBC)

Panel Discussion (30 min)

What should the power sector's role be in progressing a strong policy towards the 2050 net zero goals, and how can they take advantage of the global opportunities in the energy transition?
All speakers

Audience Q&A (15 min)

All speakers

Closing

JETI

Speakers

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Moderator

Institute for Global Environmental Strategies (IGES)
Kei Takahashi
Policy Researcher, Business Taskforce

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Speaker

Eurelectric
Kristian Ruby
Secretary General

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Speaker

Renewable Energy Association for Sustainable Power supply (REASP)
Katsuhito Manabe
Chair of the Board  

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Speaker

Sumitomo Mitsui Trust Asset Management
Seiji Kawazoe
Senior stewardship officer
Climate Action 100+ Steering committee member

About the Asia Investor Group on Climate Change (AIGCC)

The Asia Investor Group on Climate Change (AIGCC) is an initiative to create awareness and encourage action among Asia’s asset owners and financial institutions about the risks and opportunities associated with climate change and low carbon investing. AIGCC provides capacity and a trusted forum for investors active in Asia to share best practice and to collaborate on investment activity, credit analysis, risk management, engagement and policy related to climate change.

AIGCC members come from 13 different markets in Asia and internationally and includes asset owners and managers with a combined AUM of over US$15 trillion. With a strong international profile, the AIGCC network of members and key stakeholders include asset owners and managers, government pension and sovereign wealth funds, family offices and endowments. AIGCC represents the Asian investor perspective in the evolving global discussions on climate change and the transition to a net-zero emissions economy.

About the Japan Energy Transition Initiative (JETI)

The Japan Energy Transition Initiative (JETI) is a collaboration of global and Japanese think tanks dedicated to accelerating the energy transition among business, finance and policy makers in Japan. JETI will address key global climate and energy issues relevant to Japan in a manner that is ahead of the curve and focused on specific outcomes leading to accelerated decarbonisation. JETI's global partners include InfluenceMap, Carbon Tracker Initiative, the 2 Degrees Investing Initiative, and Client Earth. Key Japan based partner is the Institute for Global Environmental Strategies (IGES). JETI will generate research and curate public and private events, meetings and roundtables around the energy transition.