Political Paradigm Shift: Implications for Energy and Climate Action

The current geopolitical landscape, along with substantial economic challenges, is fostering uncertainty regarding the future of energy and climate action. Factors such as increasing defragmentation and the US withdrawal from the Paris Agreement can significantly impact the pace of the green transition in the US and worldwide. Conversely, despite facing robust economic headwinds, the EU has restated its commitment to decarbonization. The key challenge now lies in making this transition an effective tool for achieving European energy independence and revitalizing competitiveness.

These divergent trajectories introduce ambiguity in the energy sector, underscoring the need to cut through the noise and get a real comprehensive understanding to navigate through the intricacies and uncertainties.

· Government policy and subsidies. Clean energy needs regulatory and financial support from the governments to scale up and be economically competitive. What is the real energy and climate policy of the US and the EU in this regard? What is the potential future of the Inflation Reduction Act, the aims of the Clean Industrial Deal?

· International cooperation. Climate action requires a global effort. Trade has been a key instrument to accelerate climate action beyond the borders of the developed countries. How the increasing defragmentation, including the new tariffs, can influence it? Are there any implications of deglobalization for the energy market?

· Funding (climate finance, cost of capital, role in economic growth). Increased turbulence on the capital markets coupled with the US withdrawal from its international climate finance plan are creating a lot of uncertainty for clean energy investments worldwide. What is the outlook for the investors in the sector? What is the role of green energy investments in boosting economic growth?

The webinar by INSEAD Energy Network focuses on the real implications of the recent political changes for the energy sector and decarbonization. The event bridges perspectives and insights from business, policymaking, and academia to enhance awareness on these crucial topics.

This INSEAD Energy Network webinar will cover the following topics:

1. The future outlook for clean energy markets worldwide.

2. The implications of the renewed focus on fossil fuels of the new US administration.

3. Decarbonisation and competitiveness of Europe.

4. Economic defragmentation and its role in the green transition.

5. The current status and pace of the energy switch.

6. Unlocking business opportunities in the energy sector and outside.

Duration:

60 min in total: 45-50 min of panel discussion + 10-15 min of Q&A section (the audience will be silent with an opportunity to raise questions via a special Q&A chat window)

Panelists:

- Marco Becht, Executive Director, European Corporate Governance Institute (ECGI)

- Sven Egenter, Executive Director, Clean Energy Wire

- John Mairlot, INSEAD MBA19, Managing Partner, Endgame Capital

- Lucas Schmeddes, INSEAD GEMBA11, President & COO, ICE Endex

Moderator:

- Ivan Filippov, INSEAD GEMBA11, Director, CGTS