The second webinar in our Circular Economy series on ‘Financing the Circular Economy’ took place on 10 December. Circular economy experts from The Netherlands, Italy and Hong Kong engaged in a panel discussion on the role of finance in enabling the transition to a circular economy.
The circular economy makes efficient use of existing resource so that they are not consumed and discarded but re-entered into a system that creates value again and again. This requires investment capital and innovative financial instruments that reflect the changing money flows and risks of these new ways of doing business.
This system shift fundamentally changes the role of both the business as well as the financier. In this webinar, we discussed questions such as:
Speakers for this event included:
This webinar is an opportunity to hear European financial sector institutions present on comparative approaches to the role of finance and policy in enabling the transition through case studies including the global policy landscape, how the transition at national level is being supported, the policy and institutional capabilities required, and the approach to mobilizing capital for circular investments.
The commercialisation of green hydrogen is an essential step toward a 100% renewable future. Green hydrogen has the potential to meet the exponentially growing demands for renewable energy to support the electrification and decarbonisation of heavy industry and transport sectors.
A significant amount of research and effort is taking place exploring ways to cost-effectively produce green hydrogen. EMEC is investigating several ocean-related hydrogen projects, including tidal energy as generation source to produce green hydrogen. http://www.emec.org.uk/projects/hydrogen-projects/iteg/.
The European Marine Energy Centre (EMEC) in Orkney Scotland, is the only centre to provide developers of both wave and tidal energy converters – technologies that generate electricity by harnessing the power of waves and tidal streams – with purpose-built, accredited open-sea testing facilities.
The recently announced EMEC ‘Flow’ project using a unique combination of tidal power and flow batteries at EMEC’s tidal energy test site on the island of Eday, will power EMEC’s hydrogen production plant, demonstrating the world’s first continuous hydrogen production from variable renewable generation. This is the first time that a flow battery will be coupled with tidal energy and hydrogen production, which will support the development of innovative energy storage solutions being developed in the Interreg NWE ITEG project.
Our speaker Rob Flynn shared relevant EMEC experience on:
The first part of a three-part event series on Circular Economy took place on 1 December. We talked to experts to deepen our understanding on the systemic and coherent circular policy famework and the opportunities presented by new business models.
Australian jurisdictions have a shared vision of transitioning to a circular economy and this shift involves fundamental changes across value chains – everything from the design of products and circularity of materials flows, to creating the right incentives and legal structures to stimulate circular business ideas.
Equally essential is the consumer, who must be encouraged to create demand in order to drive the success of the circular economy, alongside investment capital and innovative financial instruments that reflect the changing money flows and risks of these new ways of doing business.
The webinar featured speakers from the European Union and Australia, including
Hear Adrian Joyce, Secretary General of The European Alliance of Companies for Energy Efficiency in Buildings (EuroACE) talk with Luke Menzel, CEO of the Energy Efficiency Council, about the Renovate Europe campaign and the growing momentum for the Renovation Wave as a part of the EU green recovery.
The Australian Smart Energy Council‘s online event ‘ The impact of COVID-19 on Global Smart Energy” on 29 April 2020 heard Mate Heisz, Head of International Co-operation at Solar Power Europe give his perspective on the impact of COVID-19 on the smart energy industry in Europe.