The “2-infra challenge” project aiming at providing to infrastructure investors and managers tools to tackle climate change related issues, now counts EIT Climate-KIC as a new sponsor!
EIT Climate-KIC is the EU’s largest public private partnership addressing climate change through innovation to build a zero carbon economy.EIT Climate KIC addresses climate change across four priority themes: urban areas, land use, production systems, climate metrics and finance.
Climate-KIC is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union.
To achieve the objectives of the Paris climate agreement, it is essential to redirect funding towards infrastructure that will enable the low carbon transition. The choices made in terms of infrastructure today are decisive for the amount of greenhouse gases that will be emitted by their use over decades after their construction.
In addition, infrastructure is highly exposed to the risks raised by climate change, particularly physical risks and transition risks, which can lead to losses in value. To align their investment strategy with a 2-degree trajectory and to manage climate risks, infrastructure finance actors need operational and shared tools. In this context and with its rich experience, Carbone 4 has launched the "2-infra challenge" methodology, which will allow infrastructure investors and managers to answer two questions:
- Is my investment strategy aligned with the 2 degree objective and how to foster the correct trajectory to achieve this goal?
- To what extent are my assets exposed to climate risks including transition risks and physical risks?
This methodology, which will be multi-sectoral and multi-geographic, can be used by all actors of investment and infrastructure financing. Launched in October 2018 as part of the Paris InfraWeek, the development of the methodology will run until June 2019.
This project is supported by important companies in the domain of infrastructure: Agence Française de Développement (AFD), La Banque Postale Asset Management, EIT Climate KIC and Meridiam.
Lou Bachelier-Degras Tel : +33(0)1 53 44 34 24 firstname.lastname@example.org
La Banque Postale Asset Management
Céline Guilbert-Bénard Tel :+33(0)1 57 24 21 07 Celine.guilbert-benard @labanquepostale-am.fr
Alexia Soyeux Tel : +33 (0)1 76 21 10 00 email@example.com
EIT Climate KIC
Catherine Ouvrard Tel : + 33 (0) 7 62 20 29 15 firstname.lastname@example.org
Armelle de Selancy Tel : + 33 (0) 1 44 51 72 41 email@example.com
About l’Agence Française de Développement
A public and solidarity-based financial institution, AFD is the central player in French development policy. It commits itself to projects that concretely improve people's daily lives, in overseas territories as well as in developing and emerging countries, in accordance with the Sustainable Development Goals (SDGs)and the priorities of the region. the external action of France. Present in 109 countries through a network of 85 branches, AFD currently supports more than 3,500 development projects.www.afd.fr
About Banque Postale Asset Management
With assets under management of €220 billion as at 30 June 2018, La Banque Postale Asset Management (LBPAM) is the fifth largest French asset management company. A subsidiary owned 70% by La Banque Postale, 25% by Aegon AM, and 5% by Malakoff Médéric, LBPAM manages most of the funds offered to individual and wealth management clients of La Banque Postale. To clients that are institutional investors, insurers, mutual insurance companies, large companies, and external distributors, LBPAM offers open-ended funds, dedicated funds, and portfolio management services. As a full-service manager, LBPAM works in all asset classes. In addition to being a credit management and insurance solution specialist, LBPAM also has recognised expertise in private debt fund management (on infrastructure, real estate and corporate sectors). www.labanquepostale-am.fr/
About Carbone 4
Led by Alain Grandjean, Jean-Marc Jancovici and Laurent Morel, Carbone 4 is an independent consulting firm, leader in climate strategy, energy transition and adaptation to climate change. Our team supports public and private economic players in the transition to a low-carbon, climate resilient economy.www.carbone4.com
About EIT Climate-KIC
EIT Climate-KIC is the EU’s largest public private partnership addressing climate change through innovation to build a zero carbon economy. We address climate change across four priority themes: urban areas, land use, production systems, climate metrics and finance. Education is at the heart of these themes to inspire and empower the next generation of climate leaders. We run programmes for students, start-ups and innovators across Europe via centres in major cities, convening a community of the best people and organisations. Our approach starts with improving the way people live in cities. Our focus on industry creates the products required for a better living environment, and we look to optimise land use to produce the food people need. Climate-KIC is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union. www.climate-kic.org
Created in 2005 by Thierry Déau, Meridiam is an independent investment firm specialising in the development, financing and management of long-term, sustainable public infrastructure projects. Its business model is underpinned by the belief that the alignment of interests between the public and the private sector can provide key solutions to the needs of the community. With offices in Paris, New York, Toronto, Luxembourg, Istanbul, Vienna, Addis Ababa and Dakar, Meridiam manages assets worth €6 billion and has more than 70 projects under development, construction or operation to date. Find out more on: www.meridiam.com
Contact us about any question you have about Carbone 4, or for a request for specific assistance.