This conversation focuses on how technology is driving change and creating economic models that have not been seen before, it speaks to how growth can be decoupled from the resource there is.
Participants in the Panel
- Megan Thomas (Senior Economist, Featured Merchant Algorithm, Amazon) and
- Chantal Naidoo (Associate Faculty, University of Sussex; Program Director, European Climate Foundation).
Sharing her concerns on transition-related finance issues, Chantal speaks to the issue of systemic contributions and how it is still less understood and adequately articulated and this comes from a lack of language both from the policymaker and the private sector. She further speaks to the issues that come from the financiers are what is driving the energy transition and the response to climate change as opposed to the systemic need of what needs to happen on the ground eg the vulnerability of the people, poverty, and inequality issues.
Presenting her findings on the energy transition Chantal covered the following key points.
- Meaning of transition.
- What finance needs to respond to.
- Specific characteristics of the sustainability transition process.
- SA energy transitions.
- Insights from data and what stood out from the data.
- Does the structure of financial systems matter?
