E3G

News: Hedwige Nuyens appointed as Chair, E3G. Nick Mabey and Shane Tomlinson are today announcing the appointment by E3G's Board of Directors that it has appointed Hedwige Nuyens as our new Chair. Hedwige brings a wealth of expertise and experience to the role and currently serves as the CEO of the International Banking Federation (IBFed), Chair of European Women on Boards (EWOB) and as a member of the G7 Gender Equality Advisory Council (GEAC). The appointment of Hedwige Nuyens represents an important evolution of E3G as a sustainable organisation moving beyond its founders. https://lnkd.in/eUWVjh6K

Great to see the launch of Chapter Zero's new campaign in the Financial Times yesterday. This six-week series will demonstrate why climate action is essential, not just as a moral responsibility but as a business imperative. #ClimateAction #ItsABusinessArgumentToo

🏢 🌱 E3G Brussels has moved! We are pleased to announce that we have relocated to #SustainableHub, a new, dedicated co-working community for sustainability-focused organisations.   Read more about our move and our new location: https://lnkd.in/eK7dj4QE

E3G's latest report underscores a critical misalignment in global climate efforts caused by investment treaties with Investor-State Dispute Settlement (ISDS) provisions. These treaties, designed to protect foreign investments, are inadvertently stalling the global energy transition by safeguarding fossil fuel assets. Our findings show that the wealthiest nations, which are expected to lead the fight against climate change, are actually hindering progress by continuing to protect fossil fuel investments via ISDS. This cognitive policy dissonance undermines international efforts to achieve net zero emissions. As Mary Robinson, former President of Ireland and former United Nations Climate Envoy, aptly stated, “Governments cannot sign up to the #ParisAgreement and other elements of the UNFCCC process and expect financial markets and business to align with climate objectives if the same governments continue to provide benefits to fossil fuel investment through the backdoor.” Despite the urgency, multilateral discussions on investment treaty reform have been slow. Key reasons include: ➡️Investment treaties are often excluded from broader climate discussions. ➡️Countries face the daunting task of reforming numerous existing treaties. ➡️ No single reform option stands out unless a principled stance against ISDS is adopted. ➡️Bilateral investment treaties and free trade agreements encompass a wide range of interests, making sector-specific reforms challenging. To address these issues, E3G recommends: 📜 Considering the various options for investment treaty reform. 🤝Pursuing a collective, plurilateral solution. 🌐Bringing investment treaty reform to the forefront of climate discussions in multilateral fora. By aligning investment treaties with global climate goals, we can ensure that financial markets and businesses support, rather than hinder, the #EnergyTransition. Read the full report to explore these insights and recommendations: https://lnkd.in/ehbxq-7E This report is co-authored by Eunjung Lee and Jordan Dilworth. E3G worked with Tord Lauvland Bjørnevik at WWF Verdens naturfond to analyse upstream oil & gas assets, used UN Trade and Development (UNCTAD)’s International Investment Agreement Navigator to map investment treaties and trackers from Global Energy Monitor to analyse coal mines and oil-, gas-, and coal-fired power plants. We’d also like to thank Kyla Tienhaara for reviewing our report.

⚡🇬🇧 We need a whole system approach to the energy transition in the UK. From the renewables needed to generate power, the infrastructure to distribute it, right through to the homes and industries where people use energy in their day-to-day lives. Read E3G's energy transition priorities for the new UK government: https://lnkd.in/eTgZbpjz

As the world gears up for #COP29, the focus on #SustainableFinance is more critical than ever. The intertwined crises of climate change and rising debt levels are hitting vulnerable countries hardest, creating a vicious cycle that threatens both their economic and climate resilience. In a recent report, produced in collaboration with Mistra Geopolitics, E3G examines the geopolitics of debt and climate resilience. The analysis explores how the existing global financial architecture must adapt to better support countries that are most vulnerable to climate impacts. Key insights from the report: 1.     Resilience—the ability to bounce back—is essential for the success of economies and societies. 2.     Rising debt levels, particularly in low-income countries (LICs), are exacerbating vulnerabilities. 3.     Climate resilience and debt restructuring have now become critical geopolitical issues. 4.     Clear roadmaps and transition plans are vital for guiding the roles and actions of debtor countries, donors, and creditors in overcoming the current crises. As we approach #COP29, it’s essential that discussions on sustainable finance include the need for debt restructuring and support for climate adaptation in vulnerable nations. By addressing these issues, we can break the cycle of risk and build a more resilient future for all. Explore our latest insights on this and the proposed pathways forward: https://lnkd.in/eukJSVXj Co-authored by Ronan Palmer, Dileimy Orozco, Inès Benomar, Carolina Cecílio, Lucy Hayes, Oliver Smith #ClimateAction #DebtCrisis #SustainableFinance #Resilience #Geopolitics #E3G #MistraGeopolitics #ClimateChange

Juliet Phillips featured in today’s Guardian article discussing what action the UK government must take in response to Ofgem’s rising energy price cap.   Juliet highlights the need for targeted energy bill support for low-income households and the importance of kickstarting Labour’s warm homes plan. She noted, “The government has an opportunity at the forthcoming autumn budget to start to fix our broken energy system.”   This budget presents a chance to lay the groundwork for a #CleanEnergy future by investing in renewables and low-carbon energy storage, which are essential for reducing our reliance on gas and lowering energy costs.   As we move closer to the #AutumnBudget, we’ll be watching closely and continuing to advocate for policies that support a fair and green transition.   🔗 Read the full Guardian article here: https://lnkd.in/ecvNh7uB

📢 WE’RE HIRING! Exciting opportunities are available across our team to drive forward global climate action. 💼 E3G is recruiting an International Network Manager, Political Economy & Governance to drive the growth of the International Climate Councils Network (ICCN). Position available in London, Berlin, or Brussels. Apply here by 10 September: https://rb.gy/87pgxz 💼 E3G is looking for a Senior Policy Advisor, Macroeconomic Policy in Washington D.C. to lead strategic analysis with key institutions like the IMF. Apply here by 23 September: https://rb.gy/s2wyqg 💼 E3G is seeking a Senior Policy Advisor, International Financial Regulation to lead on the team’s strategic policy analysis on international regulation for climate safety. This position can be based in Berlin, Brussels, London, or Washington D.C. Apply here by 23 September: https://rb.gy/nm9ayq Join us in making a difference! #Hiring #ClimateJobs #PolicyJobs

🌍📈 Meeting the UK’s 2050 emissions target could unlock over £266 billion for the UK economy over the next three decades. The #AutumnBudget is a key moment to drive this forward.    To put the UK firmly on the path to transition,  E3G recommends that the new Labour government focus on these five key areas for #GreenProsperity:    💸1. Drive Investment into Green Industries of the Future  Action: Recentre the Treasury and UK public finance institutions to prioritise green prosperity.  Impact: Providing clear signals and incentives for investors will position the UK as a global green finance capital, unlocking substantial economic benefits. 🍃 2. Deliver the 2030 Clean Energy Superpower Mission  Action: Accelerate investment in renewables like wind and solar, and support long-duration energy storage and hydrogen-to-power projects.  Impact: Building a robust, low-carbon energy system will replace reliance on fossil fuels, lower energy bills, and enhance energy security.   🏠 3. Kickstart the Warm Homes Plan to Lower Bills for Households  Action: Expand and evolve retrofit schemes focusing on heat pumps and insulation, targeting the upgrade of 5 million homes by 2030.  Impact: Lower household bills, alleviate fuel poverty, and contribute significantly to meeting carbon budgets. 🌱 4. Support the Growth Mission through Clean Industry  Action: Invest in decarbonising industries and manufacturing by lowering electricity costs and simplifying access to funding for clean technologies.  Impact: Future-proofing industries will protect jobs, enhance competitiveness, and drive large-scale investments into the UK's industrial heartlands. 📈 5. Position the UK as an International Climate Leader through Oil and Gas Phase-Out  Action: Implement a responsible #TransitionPlan for the North Sea, end new oil and gas exploration licenses, and ensure a just transition for affected workers.  Impact: Aligning fiscal policies with #ClimateObjectives will reduce environmental liabilities and demonstrate global leadership in climate action.    📄 Read the full Autumn Budget briefing here 👇  https://lnkd.in/eKWeMYaE     Co-authored by Juliet Phillips , Heather Mckay, James Dyson, Susie Elks, Laith Kharus Whitwham, Beth Walker    #GreenEconomy #NetZero #CleanEnergy #SustainableGrowth 

The new UK government has a strong mandate to take bold steps on climate action domestically and abroad - including hitting the ground running to deliver on domestic emissions reductions. E3G's latest newsletter explores the #ClimateAction priorities for the new UK Labour government: ➡️The government has provided strong early signals that resetting the UK’s diplomatic relationships is at the top of the agenda, and tackling climate change is a key part of those relationships. In a period where strong global #ClimateLeadership is needed more than ever, the UK is well-placed to step into this role. ➡️ Resetting relations with the EU is a clear priority for the new UK government and there is much that can be done to improve UK-EU collaboration on climate and energy. ➡️ Boosting finance for climate and development will be crucial to rebuilding the UK’s relationships with countries in the Global South. Besides working with financial institutions and tackling the debt crisis, the UK also has a significant diplomatic role in negotiations for a new goal on #ClimateFinance at COP29 in November. ➡️ Net zero is an immense source of competitive advantage for the UK. If the new Labour Government seizes this moment, it can lead the world in #GreenGrowth. A commitment from the new Chancellor Rachel Reeves at the Autumn Budget to a Net Zero Investment Plan can relaunch the UK as a global climate leader and secure a brighter future for Britain.   ➡️The plan to create a ‘Clean Power Alliance’ was one of the boldest commitments in the Labour manifesto and could play a key role in accelerating the delivery of climate action. To do so, it should build on the UK’s extensive network of pre-existing diplomatic alliances to drive political momentum behind the global #EnergyTransition. Read the newsletter here: https://lnkd.in/euc_NDyx