Do I hear $2 billion? Using Auctions to Attract Investment in Clean Energy & Climate Projects

16 November, 2016
Marrakech, Morocco

Do I hear $2 billion? Using Auctions to Attract Investment in Clean Energy & Climate Projects

10:30, Friday, 11 November

US Center, COP22

Across the globe, online auctions have mobilized billions of dollars in private investment for large-scale renewable energy, waste management, and other projects that curb greenhouse gas emissions. But how exactly do these auctions work?

This session will feature an interactive auction game - illustrating the concepts, mechanics, and efficiencies of auctions, followed by a panel of government and business leaders discussing their real-world experiences in auction design and implementation. The panelists will discuss large renewable energy auctions in countries such as Mexico as well as smaller-scale auctions conducted via the World Bank’s Pilot Auction Facility for Methane and Climate Change Mitigation.

Industry experts will join auction hosts and bidders in debating what makes a successful auction, while trying to answer the billion dollar question: how can auctions be scaled up to mobilize still more investment in renewables, energy efficiency, methane capture and other projects that support commitments under the Paris Agreement?

Event contact

Yekbun Gurgoz,
Finance & Household Energy Initiative Coordinator
Yekbun.Gurgoz [at] un.org

Initiatives

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