G20 Global Summit on Financing EE, Innovation & Clean Technology
G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology. 
Date: 12 June 2019
Venue: United Nations University, Tokyo, Japan
Organisers: (IPEEC) and the UN Environment’s Finance Initiative (UNEP FI)
Background
The G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology will take stock of global finance and investments into energy efficiency, innovation and low- carbon technologies. The event will provide the opportunity for leading financial institutions and policy makers to assess the state of play and define elements of action for G20 economies for the new decade, thereby supporting G20 economies’ objectives to achieve sustainable energy transitions.
The Tokyo Declaration
As the outcome of the event, over 150 high-level delegates and participants concluded a declaration on improving the visibility and energy performance of asset investments, which recommends to G20 countries:
- Increased transparency of the energy performance of banks’ assets through their accelerated tagging to nationally appropriate energy performance metrics, leading with buildings.
- An exemplary role for public financial institutions in their consideration of energy performance in all new real estate lending activities, and as a priority to review and tag existing assets, levering digital innovation where relevant.
- To promote best practices, and to track the commitments made to tag assets’ energy performance through networks of leading financial institutions, like the UNEP FI Energy Efficiency Finance Platform, inter alia.
- To consider smart enabling infrastructure in cities and the built environment that can yield important systemic efficiency gains, including efficient building design to reduce heating and cooling requirements, super-efficient cooling devices, electric vehicle charging and heat pumps in combination with smart renewable energy solutions.
The outcome report
Energy Efficiency Finance and Investment: Stocktake report 2019
This report summarises Summit participants’ insights, contributions and discussions, complemented by additional findings from the multiple bilateral dialogues the EEFTG conducted in 2019 with policymakers, financial institutions and other stakeholders. The stocktake report also contains insights into the latest trends and best practices from each stakeholder group on the topic of financing innovation and clean technology, as well as energy efficiency, adding to the conclusions and recommendations issued by the EEFTG in its landmark 2017 Energy Efficiency Investment Toolkit.
Access the event's gallery here.
Agenda
10:00 – 10:30 Welcome and Introduction:
Speaker introductions:
Benoit Lebot, Executive Director, and Summit Co-Host
Speakers:
Atsushi Taketani, Deputy Commissioner for International Affairs & Chair of G20 Energy Transitions Working Group, METI, G20 Presidency of Japan
Satya Tripathi, Assistant Secretary General, United Nations and Summit Co-Host
Stefan Möbs, Head of the Economic Department,German Embassy of Japan
10:30 – 11:00 Keynote speeches:
Norihiro Takahashi, President, Government Pension Investment Fund, Japan (GPIF) - GPIF's ESG Investment
Amory Lovins, Co-Founder and Chief Scientist, Rocky Mountain Institute - Superefficiency
11:00 – 12:00 Plenary session 1: Global stock take with financial institutions
Moderator:
Peter Sweatman, Rapporteur of the G20 EEFTG and CEO,Climate Strategy
Speakers:
Ritu Arora, CEO, Allianz Investment Management Asia - Real world impact with insurance investments (presented by Ronny Guenther)
Masahiro Kobayashi, Director General, International Affairs and Research Department, Japan Housing Finance Agency - JHF and its green initiatives
Gabriela Elizondo, Global Lead Clean Energy,Worldbank Group EEX - Financing clean energy: emerging experience and corporate direction
Tatiana Bosteels, Director, Hermes Investment Management and board member, IIGCC - Energy efficiency and innovation finance
Anthony Cox, Deputy Director, Delegation lead, OECD -
12:00 – 13:00 High-Level Roundtables
Roundtable A: Financing innovative technologies
Moderator:
Hiroki Kudo, Board Member and Director, Charge of Electric Power Industry & New and Renewable Energy Unit, The Institute of Energy Economics, Japan - High-Level Roundtable - Financing innovative technology
Speakers:
Dolf Gielen, Director of Innovation and Technology Centre, IRENA - Financing renewable energy innovation
Hiroyuki Tezuka, Fellow of Climate Change Policy Group, General Manager of Technology Planning Department, JFE Steel Corporation - Activities of the Japanese steel industry for a low-carbon society
Masaaki Nagamura, General Manager, International Initiatives, Strategy and Synergy Department, Tokio Marine Holdings - Financing innovative technologies from an insurance industry perspective
Takao Aiba, Project General Manager, Environmental Affairs Division, Advanced R&D and Engineering Company, Toyota Motor Corporation - Financing innovative technologies from an automotive company's perspective
Masahiro Kobayashi, Associate Officer, Daikin Industries - Developing the PaaS-based Air-conditioning (A/C) business
14:10- 15:10 Afternoon Keynote 1:
Fiona Reynolds, Chief Executive, Principles for Responsible Investment - Investment opportunities in energy efficiency, innovation and clean technology
Roundtable B: Financing energy efficiency & clean energy
Moderator:
Miho Kurosaki, Head of Japan and Korea Research,Bloomberg NEF - Financing energy efficiency and clean energy
Speakers:
Hidetoshi Nakagami, CEO and Founder, Jyukankyo Research Institute - Importance and benefits of promoting energy efficiency programmes for residential and commercial buildings
Sandra Schoonhoven, Head of Sustainability, ING Bank - Energy efficient houses and buildings
Masato Ito, Head of Sustainable Property Promotion Team, Real Estate Advisory Department, Bank Sumitomo Mitsui Trust Bank - Trend on sustainable property in Japan and SuMi TRUST's mission
Mari Yoshitaka, Chief Environmental & Social Strategist, Environmental Strategy Advisory Division,Mitsubishi UFJ Morgan Stanley Securities - MUFG's approach to energy efficiency and clean energy
Glenn Pearce-Oroz, Director of Policy Programmes,UN SEforAll - Financing energy efficiency and clean energy: the cooling challenge
15:10- 15:20 Afternoon Keynote 2:
Nobuo Tanaka, Chairman, Innovation for Cool Earth Forum - Innovation for cool earth forum
15:20 – 16:20 Plenary session 2:
Penggao Zhao, National Development and Reform Commission (NDRC) - The release of the 2nd round of G20/IPEEC TOP TENs BATs and BPs
High-level Policy Dialogue with G20 ETWG Member Delegations
16:20 – 16:45 Closing keynotes:
Keisuke Sadamori, Director of the Office for Energy Markets and Security, International Energy Agency - Energy efficiency finance and investment 2019
Andrew McDowell, Vice President, European Investment Bank (EIB, by video link)
16:40 – 17:00 Summary and conclusions
Summary summit conclusions and declaration by Peter Sweatman, Summit Rapporteur and Chair of the High-Level Steering Committee
Summit close by Yuga Hasegawa, Director, Energy Supply and Demand Policy Office, Agency for Natural Resources and Energy, Japan
Learn more about the event here.
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