Green Solutions@COP16: The Cancun Dialogue Series 5-8 December 2010 Hotel Fiesta Americana Coral Beach, Cancun At the time of COP16 the Secretariat of Foreign Affairs and Secretariat of Economy of Mexico in collaboration with the World Economic Forum will co-host a series of private, invitation-only meetings as part of the wider Green Solutions@COP16 event held at the Coral Beach Hotel in Cancun. The series consists of five sessions. Each will discuss practical public-private solutions and scalable opportunities in a key theme as indicated below. Content and ideas will be drawn from work the World Economic Forum and other organisations and initiatives have been pursuing in these areas over the last year. AGENDA Sunday Dec 5th 16.00-18.00 Session I Business Leadership Monday Dec 6th 09.00-11.00 Session II Finance Monday Dec 6th 11.30-13.30 Session III REDD+ and land use Tuesday Dec 7th 09.00-11.00 Session IV Technology Development Tuesday Dec 7th 11.30-13.30 Session V Energy Efficiency To promote substantive conversation, each session will be a private, in-the-round, moderated discussion of approximately 40 people drawn from public and private sectors. This is similar to the IGWEL (Informal Gathering of World Economic Leaders), a unique component of the World Economic Forum’s Annual Meeting in Davos. Each session will contain a mixture of business executives, government officials and experts, conversant on the issue in hand. A Minister from the Government of Mexico will be present at each session and the Secretariat of Foreign Affairs will work with the World Economic Forum to ensure that key Public Figures from the various delegations will also take part. The sessions will be preceded by the inaugural plenary session with President Calderón on Sunday December 5. Outcomes from the sessions will be shared during a plenary gathering at the Green Solutions Fair, on December 8 and will feed into the World Economic Forum Annual Meeting in Davos in January 2011 as well as build towards COP17 meeting in South Africa. PROGRAMME IN DETAIL Sunday December 5, 10.00-14.00 Green Solutions@COP16: Plenary Session Salon Coral Gallery 1, 2 & 3 Inauguration of the Green Solutions@COP16 Fair, with a special address by the President of Mexico, Felipe. Calderón. Sunday December 5, 16.00-18.00 Cancun Dialogue: Session I Business Leadership Salon Coral Kingdom 1 This session responds to the call made by President Calderón in the World Economic Forum Annual Meeting in Davos 2010 for more substantive discussion between government officials and private sector leaders to help catalyze innovation in the low carbon economy. Participants will be invited to discuss how leadership groups within and across governments, businesses and other organisations can help deliver practical low-carbon commitments and transformations in key areas of the economy. What should such coalitions focus on through 2011? How should they relate to the formal negotiation process? Monday December 6, 09.00-11.00 Cancun Dialogue Session II Finance Salon Coral Kingdom 1 Meeting the investment challenge for low carbon infrastructure in developing countries will require more than public finance alone. A dimensional change in the flow of private capital into developing countries for clean energy projects is required. To make this investment flow become a reality at the scale and speed required, the market needs to be catalysed to levels of activity far greater than today. To make this happen, a significant mobilization of private financiers and corporations is required, backed by public financing mechanisms that help address various risks in the early stages of low-carbon infrastructure market shaping. In addition, the state of domestic policy environments in developing countries will be an important factor. A few significant transactions will help provide the jolt of confidence the market is looking for. Drawing on the findings of the High Level Group on Finance and other initiatives, including those of the World Economic Forum, investors, project implementers and experts will be invited to this session to discuss with government officials how best to make these investment flows happen quickly and at scale. Are new public-private platforms required to speed up progress in 2011? Could a suite of key transactions help to pump prime the market in specific sectors or regions? Monday December 6, 11.30-13.30: Cancun Dialogue: Session III REDD+ and Sustainable Land Use Salon Coral Kingdom 1 A step change in private sector engagement in REDD+ and sustainable land use is required to create a sustainable market at scale and to help capture the significant abatement opportunities on offer. This session will explore the current state of the REDD+/sustainable land use policy agenda and project deal flow, and how more substantive private sector engagement could be triggered quickly and at scale. The discussions will refer to some specific propositions for deeper private sector engagement which have been developed over the course of 2010. Government officials from both Annex 1 and from key forested and agricultural developing countries will discuss the implications of these ideas with public and private REDD+ and carbon market experts, as well as representatives from the investment, NGO and Foundation community. Can some significant, scalable public-private activities illustrate how to draw in the private sector to REDD+ at scale? Tuesday December 7, 09.00-11.00 Cancun Dialogue Session IV Technology Development Salon Coral Kingdom 1 There is a suite of technologies which will be required to deliver the low carbon economy, but which are not yet market ready or being demonstrated at scale. Next generation bio-fuels, CCS, electric vehicles and concentrated solar thermal are some examples. Other technologies which can be classed as enablers, such as smart meters and smart grids, also require scale up. This session will discuss opportunities to create substantive public-private “icon” projects that can push forward at scale some key technology plays, especially in developing and fast growing economies. What are the 10 clean technology projects around the world that could “change the low-carbon game”? How can they be driven forward in 2011? How can policy and financial frameworks be co-designed alongside these transactions, such that all stakeholders learn to build the necessary enabling environments by doing? Tuesday December 7, 11.30-13.30 Cancun Dialogue Session V Energy Efficiency Salon Coral Kingdom 1 Energy efficiency is one of the least expensive low-carbon solutions, increasing the energy security and bringing competitive advantage for both: businesses and countries. However, there are significant implementation barriers and a gap remains between the potential for action and the actual progress on the ground. This session will bring together public, private and expert stakeholders conversant in the energy efficiency agenda to explore the potential to bridging the gap, and how one might address at scale the commonly recognized challenges: Financing: Can solutions such as co-investing and risk-sharing facilities, commercial financing mechanisms, public-private funds and domestic financing programs for retrofits be implemented at scale? What are the other barriers and how can they be overcome? Standards and reporting in energy efficiency: Would the development of common methodologies to measure and report on energy efficiency and cost savings help make the market more transparent and accelerate investment? If so, how might these standards be implemented at a multi-country level? Public-Private and International cooperation: How can public & private sectors as well as international agencies and NGOs communicate, cooperate and if needed coordinate their efforts in a more effective way on local, regional and international levels in order to improve energy efficiency beyond the current trends? What is the role of currently existing initiatives like IPEEC or Clean Energy Ministerial and how can it evolve further in the future? Wednesday December 8, 16.00-17.15 Green Solutions@COP16: Plenary Session Salon Coral Gallery 1, 2 & 3 Discussion on the outcomes of the Cancun Dialogue series, open to public. .