Policymakers need to send a more ‘clear signal’ on decarbonising energy
Sandrine Dixson-Declève, Director of the Cambridge Institute of Sustainability Leadership’s Corporate Leaders Group calls for clear signals in favour of low carbon technologies from governments all over the world and for all sectors of business.
In an interview with RTCC at the Carbon Expo in Barcelona last week, Ms Dixson applauds the momentum that has gathered in the business community across all sectors around carbon pricing and the transition to a low carbon economy, even though this transition is clearly challenging for organisations as they have to reassess entire business models, investment strategies, supply chains and long-term planning.
Ms Dixson highlights how lobbying in a strict sense, focussing only on the issues of an industry, has become less fashionable and advocating holistic solutions is becoming more important.
At the same time, policymakers – both part of the challenge as well as the solution – will need to set clear signals incentivising positive investment over divestment to stimulate finance flows to bring oil and gas companies on board.
“IEA predicts we will use fossil fuels for quite some time, not bringing them in is quite a mistake”
In today’s world nobody can afford to fence out single sectors, excluding any particular business, sector, country or region would in fact be ‘a real mistake’.