RE-CONNECT Webinar
3 June 2025, 15:00 CEST
To join the webinar, register here

The webinar will explore recent modelling development within the theme of just transitions, presenting findings from two recent papers:

• Lara Aleluia and Matteo Calcaterra, CMCC: “Reducing the cost of capital to finance the energy transition in developing countries” | Nature Energy.
  Climate action requires the mobilization of substantial investments in low- and zero-carbon technologies, especially in emerging and developing economies. However, access to stable and affordable finance varies dramatically across countries. Models used to evaluate the energy transition do not differentiate regional financing costs and therefore cannot study risk-sharing mechanisms for renewable electricity generation. In this study, the authors incorporate the empirically estimated cost of capital differentiated by country and technology into an ensemble of five climate–energy–economy models and quantify the additional financing cost of decarbonization borne by developing regions and explored policies of risk premium convergence across countries.
• Johannes Emmerling, CMCC: “A multi-model assessment of inequality and climate change” | Nature Climate Change.
  Climate change and economic inequality are critical and interrelated issues. Despite growing empirical evidence on the distributional implications of climate policies and climate risks, mainstream model-based assessments are often silent on the interplay between climate change and economic inequality. This study fills this gap through an ensemble of eight large-scale integrated assessment models that belong to different economic paradigms and feature income heterogeneity. The authors quantify the distributional implications of climate impacts and of the varying compensation schemes of climate policies compatible with the goals of the Paris Agreement.

The session will conclude with a session from Francine Long (Ricardo) discussing relevance to RECONNECT and support available to target countries of the project, and an opportunity for questions.

HOW TO PARTICIPATE
3 June 2025, 15:00 CEST
To join the webinar, register here

ORGANIZED BY:
RE-CONNECT