Meeting the challenge of transitioning to a global clean energy economy requires all actors—the private sector, governments, civil society, investors, and other stakeholders—to work together to leverage respective strengths and resources. To that end, public-private roundtable discussions are convened each year during the annual ministerial meetings. Participation provides an opportunity for ministers, global business leaders, and experts from nongovernmental organizations to engage in high-level discussion and bring knowledge, expertise, and perspective to particularly topical clean energy issues and challenges.
The seventh Clean Energy Ministerial (CEM7) featured four clean energy roundtables on the following topics:
- Innovative Mechanisms and Strategies for Investment in Energy Efficiency. A number of innovative and effective mechanisms have emerged to finance energy efficiency and scale up capital flows and investments. This roundtable explored some of the promising finance mechanisms that would benefit from international collaboration and governmental support, and that could be used to effectively leverage private investment. Drawing on existing work, the roundtable sought to develop recommendations for further collaborative work and action by CEM members.
- Facilitating Private Sector Clean Energy Sourcing and Deployment.
This session focused on efforts by the private sector to source renewable energy for their operations, data centers, manufacturing, etc.; and how those efforts can contribute to larger scale renewable energy deployment in countries around the globe. This roundtable highlighted global corporate leaders and innovative utilities that are developing new ways to directly procure clean power, examine barriers preventing greater corporate procurement, and explore potential policy solutions.
- Government Procurement and Demonstration of Clean Technology. This roundtable explored how governments can act as “test beds” for emerging clean energy and energy efficient technologies and policies—both for demonstrating the efficacy of new technologies and for scaling ones that need market penetration. The discussion focused on how governments can partner with industry and leverage public procurement to accelerate the up-take and demonstration of innovative energy technologies and policies.
- Next Generation Wind and Solar Power – Getting Markets and Policies Right.
This discussion demonstrated the opportunity of reduced cost of wind and solar power for achieving power sector policy objectives, highlighting the importance of system integration strategies to achieve high shares of renewable energy. Participants discussed the need for policies to balance the exposure of variable renewable energy generators to short-term price signals while providing sufficient investment security.
The key outcomes and recommendations from the roundtables will be published in summary report following CEM7.