Work package 2:
The objective of this WP is to consolidate and extend the JPI Climate partnership and to stimulate an ideal place for dialogs, consultations and cooperation aimed at boosting investments in and partnership for climate research and innovation. The WP will form task forces (ideal partners) for the Flagship Actions in WP4, and assign specific tasks in line with these to be explored through engagement.
The specific activities of the WPs include:
Description of work
Task 2.1. Widening and strengthening the transnational cooperation.
Task leader: MIZS Main Contributors: BELSPO, BELSPO-CS, IEG AS, MeteoSchweiz, UOXF
JPI Climate aims to expand access to and enhance mobilization of knowledge and evidence from research across Europe to better inform policy and practice initiatives. Its objective is also to create long-term sustainable governance structure which coordinates national funding and implementation of the JPI Climate’s Strategic Research and Innovation Agenda. This goal can only be achieved by encouraging the engagement of a wider group of EU Member States through further mapping exercises and bi- and/or multi-lateral actions in the so-called “Widening Countries” (Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Luxemburg, Malta, Poland, Portugal, Romania, Slovakia and Slovenia) or even wider. This is consistent with JPI Climate's mission to contribute to the creation of a coherent and inclusive European Research Area that is also open to the world.
This task builds upon the activities previously developed by JPI Climate aiming at exploring engagement opportunities with funding agencies, stakeholders, research performing organisations and researchers in countries and organizations not currently linked with JPI Climate. A concrete recommendation in this context (cfr. workshop reports with concrete recommendations to the JPI Climate Governing Board available on the JPI Climate public website) is the organization of outreach and engagement workshops, inorder to build trust and relationships with potential new member countries. It is also important that the network of contacts is expanded in order to reach out to the relevant national ministries and demonstrates the added value of participation in JPI Climate.
Building on these recommendations, this task aims at starting or further developing a dialogue with a wider group of EU Member States (in particular the Eastern European countries), Western Balkan countries also neighboring non-EU Member States like Moldavia. This will be achieved with the organization of three regional engagement workshops in a set of focus regions or countries (the task contributors have a solid experience in the organization of these workshops in Venice and Vienna in 2015). Workshops will be organized in selected countries: Poland (with focus also on the Baltic countries), Slovenia and Moldavia. Some of the expected outputs from these workshops will include the identification of the enablers and barriers for the participation of these countries in JPI Climate. Workshop participants will be drawn from the research community (RPOs), stakeholders and funders (RFOs) and the program will provide opportunities for these participants to explore the added value of participating within the JPI Climate and to share information on their ongoing and future climate research related activities.
The resulting ‘internal mapping exercise’ can lead to the identification of possible bridges with specific JPI-Climate activities that would enable the involvement of these countries in relevant on-going activities.
The outputs from these engagement activities are intended to lead to increased engagement of the targeted Member State countries through developing tailor-made action plans. These plans would include delegation visits to targeted countries with the view of further engaging and sustaining the participation of these countries in JPI Climate and its activities.
Task 2.2. Liaising with funding and investment institutions.
Task leader: CMCC Main contributors: DLR, BELSPO-CS, UOXF, MeteoSchweiz, AU
In 2016, G20 heads of state pledge to 'scale up green finance'. According to the United Nations Conference on Trade and Development (UNCTAD), an estimated $5-7 trillion a year until 2030 are needed to realize the SDGs worldwide, including investments into infrastructure, clean energy, water and sanitation and agriculture.
The UNEP FI Principles for Sustainable Insurance (PSI, UN-FI 2012) and the UN-backed Principles for responsible Investment (PRI) have promoted sustainable lending, investment and insurance practices; and sensitised nations to the environmental, social and governance challenges involved in business decision-making. Other initiatives such as Global Insurance Industry Statements and the Climate Risk Statement of The Geneva Association have urged contemplating climate risk in business investments and risk management strategies. More recently, a joint report of UNEP PSI and Inquire (Bacani, McDaniels, & Robins, 2015) outlined three new initiatives: Insurance Network on Sustainable Development to stimulate innovation and partnerships; Sustainable Insurance Policy Forum to scale up inter-governmental cooperation, Insurance Development Goals to make more explicit the ways in which the insurance sector can contribute to meeting Sustainable Development Goals (SDGs). The Financial Stability Board (FSB) convened a task force focusing on disclosing market-relevant information on climate-related financial risk, the results of which were released in December 2016 (TCFD, 2016). The International Capital Markets Association (ICMA) has coordinated the development of the Green Bond Principles, which have helped catalyse the rapid growth of the green bond market (G20, 2016). The European External Investment Plan (EEIP), announced in September 2016 will establish a new European Fund for Sustainable Development (EFSD) to encourage investment in Africa and the EU Neighbourhood, joining the existing international and regional funding mechanisms (Adaptation Fund, Green Climate Fund, WB funds).
The aim of this task is to foster the collaboration with and advance structured dialogue between financial and investing sector and academic/research community. The first activity will thus be devoted to map the existing collaboration between JPI Climate and key financial organisations such as development banks, national development agencies, financial and insurance actors. Mapping and stock taking exercises will be instrumental for identifying strengths, weaknesses and new potential opportunities for cooperation. Liaising activities with UNEP-FI Climate Change Working Group started in 2012. The initial contacts will be intensified under this task and SINCERE, and new cooperation will be forged so as to find suitable partners for the Flagship Actions established under WP4.
Furthermore, this task contributes to the implementation of the Financial Stability Board’s recommendation on private sector’s disclosure of climate-related financial risk (physical, transition and liability risks of investments). JPI Climate is best suited to contribute to a greater convergence, transparency and credibility/quality in Europe and internationally on climate-related financial disclosure. The Positive Impact Working group of UNEP FI, the UNEP-FI Task Force on Climate-Related Financial Disclosures, UNEP FI Principles for Sustainable Insurance Initiative (PSI Initiative), and The Italian National Dialogue on Sustainable Finance will be specifically targeted.
Two workshops will be held on the role of climate information in financing and the role of finance in developing climate solutions innovations will be structured. The workshops will be organized in parallel with Tasks 4.1 and 4.2, and to the extent possible in the context of international events such as the United Nations Conferences on Climate Change (COP) and the Sustainable Investment Forum. The specific outcome will be the creation of new partnerships and long term collaboration for flagship actions in WP 4, and the development an action plan to ensure that research is more “streamlined” and tailored to the development needs of the flagship actions partners in WP4.
Task 2.3. Strengthening JPI-C´s collaboration and internationalization with other initiatives involving MS/AC and EC (via SFIC-process]Task leader: DLR Main Contributors: CMCC, BELSPO, DLR
This task will dedicate resources strategically targeting relevant initiatives in the field of international cooperation in order to widen and strengthen JPI’s institutional collaborative framework and enhance the connectivity of the strategic agendas as a basis for the implementation of the JPI Climate international collaboration activities, with an emphasis on the Flagship Actions of WP 4 of SINCERE. For this purpose, the task will make use of close collaborative relations with the Strategic Forum for International Cooperation (SFIC). This forum will be of particular relevance as it was set up to better align activities of member states, associated countries and the EU-COM and to pursue the internationalization of the ERA through better exchange on and connectivity between international research and innovation activities. Though the SFIC process is not topic-driven at the moment, there are ongoing discussions to focus on specific issues in the future and to tackle grand societal challenges (e.g. climate change). Better coordination between JPI Climate and SFIC on the strategic level has a high potential to enhance leverage of actual implementation activities as well as the valorisation of research results. The task will essentially be designed as a door opener to relevant players in Europe and in the flagship target regions by trying to pool strategic resources and by capitalizing on political dialogues like the SFIC Senior Officials Meeting with Africa (EU-AU) and Latin America-Caribbean (EU-CELAC).
The task ultimately aims to contribute to the alignment of the strategic orientation of climate related activities of SFIC and its partners with the Strategic Research Agenda of JPI Climate. It will broker new partnerships between key research policy actors in the region to establish a stronger collaborative basis for implementation of the SINCERE Flagship Actions in WP4.
D2.1.1. Review of the existing assessments about challenges or barriers for the implementation of the research (ERA).
D2.1.2. Reports on the three (regional) workshops engaging researchers, stakeholders and funders
D2.1.3. Action plan for the identified focus regions or countries with the view to sustain the participation of the engaged countries with the Flagship Actions of WP4
D2.2.1. Reports on the two targeted workshops on “The role of climate information in financing and the role of financing in climate solution innovations”.
D2.2.2. Strategic and operative action plan for long-term collaboration.
D.2.3.1. Concept on priorities and key strategies for research and innovation partnerships between JPI Climate and SFIC
D2.3.2. Report on the Conference: mobilizing international cooperation partners for the SINCERE flagship activities (in collaboration with SFIC)
D2.3.3. Strategy and action plan for collaboration between JPI Climate, SFIC and relevant research and innovation policy initiatives in the flagship regions.