Stockholm (NordSIP) – In hosting the Clean Energy Investment Forum in Copenhagen on May 22nd, the Danish Ministry for Energy, Supply and Climate is to ensure that G20 participants take important steps to speed up investments in clean energy solutions globally.
“Green investments should be accelerated to ensure a more energy-efficient future. At the same time, it is imperative that we bring investors and potential green energy projects together, not only here in Denmark but also in the rest of the world, especially in emerging economies like China, Mexico, India and Indonesia,” said Denmark’s Energy, Supply and Climate Minister Lars Christian Lilleholt in a Ritzau press release.
“And Denmark will set a prime example, because we have a lot to offer – just look at how the price of ocean wind has declined because we have organised its expansion in a cost-effective way that developers and investors can have faith in,” he continued.
Investments in renewable energy, especially from private investors, are crucial for achieving the international goals stipulated in the Paris agreement. It is therefore also with high ambitions that Denmark hosts the Clean Energy Investment Forum and has also taken the initiative for Clean Energy Ministerial (CEM) to prioritise work on investment and financing in international cooperation.
Over 100 senior decision makers from major private companies as well as from public, financial and expert institutions have been invited to work towards the objective of creating partnerships that will significantly accelerate investment in renewable energy solutions.
“Denmark is already one of the world’s leading countries in green technology, and we have excelled at exporting our solutions within, among other things, land and sea wind to the rest of the world. We look forward to the Clean Energy Investment Forum, which can help develop business opportunities for Danish companies,” said Karsten Dybvad, Managing Director of Dansk Industri.
“As responsible investors, we are actively seeking new opportunities for investments that provide returns for our members while contributing to sustainable development and limiting risks associated with investments in high energy fossil energy,” said Peter Damgaard Jensen, CEO of PKA and Chairman of the Board of the European Investment Network for Climate Change (IIGCC). “PKA has good experience of public-private partnerships capable of reducing risks and open up investment opportunities in new markets and new technology strategies.”
In addition to gathering global leaders in energy, the Clean Energy Investment Forum is also a unique showcase for new Nordic technologies and business models. Simultaneously, the forum will facilitate networking between innovators and ministers from the largest energy technology markets in the world.
The Clean Energy Investment Forum will be the ninth CEM event, focusing on practical cooperation, exchanging green energy solutions and business opportunities. It will bring together energy ministers from G20 countries, including from some of the largest economies and CO2 emitters like China, Germany, France, Russia, Saudi Arabia, the UK and the US.
The Clean Energy Investment Forum is supported by several institutional partners, such as the OECD, the World Bank, the European Investment Bank, the International Energy Agency, the P4G, the Institutional Investors Group on Climate Change, the Global Green Growth Institute and IRENA. Dansk Industri and World Climate Ltd. are event partners for the conference. CEIF will take place on Tuesday, May 22nd at Industriens Hus in Copenhagen.
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