Energy Transformation and Decarbonisation mind map discussed today
Christoph W. Frei
#EnergyTransformation Venture Capital / Board Member / Professor / Facilitator - former member of UN Secretary General’s Advisory Board on Sustainable Energy - former member of WEF’s ExCom
Here the mind map that I used at EPRI's private meeting today in Paris to elaborate on guiding principles to successfully manage the #EnergyTransformation and #Decarbonisation:
1. Rather than believing in an all-electric vision, an honest attempt to fight climate change must include both green electrons and green molecules.
2. Rather than building new infrastructure in many places the solution must be about greening and re-using existing supply chains and infrastructure and thereby unlocking low-cost transition pathways.
3. Rather than trusting in markets alone the solution must be to advance these issues through well-defined objectives and supporting frameworks such as net zero carbon, supported, by well-oiled national and international markets for green goods and services.
4. Multilateral organisations move slowly, and the current geopolitical context doesn’t add to their momentum. However, there is no alternative to these organisations to deliver a global carbon price and prevent trade barriers on green goods and services. But to accelerate we need coalitions of the willing consisting of state and non-state actors which help ambitions projects to break through.
Happy to receive thoughts and reactions.
Really interesting, on point 2 there is also the opportunity in many developing countries to not re-purpose but leapfrog.
Managing Director, Global Head of Government Affairs, Group Public and Regulatory Affairs, CFCR at Standard Chartered Bank
5yGreat map! And, it all needs to be financed.