New Energy Series: The Role of Green Banks in the Transition to Net Zero
Chell Lyons, PhD student at Australian National University will discuss her research during this session of New Energy.
Chell Lyons, Sir Roland Wilson PhD Scholar at Australian National University, will give a talk titled "In the Vault: The Roles of Public Green Banks in the Transition to Net-zero Emissions. Case Studies of Australia, New Zealand, and the United States."
About the Talk
Decarbonizing the global economy requires a significant increase in funding for low-carbon, climate-resilient infrastructure. It is widely recognized that current levels of investment are insufficient, and need to scale up rapidly to meet the temperature goals of the Paris Agreement. Green Banks, a relatively new form of public financial institution, were developed to address this issue by accelerating investment and “crowding in” private finance. This presentation adopts a case study approach drawing on expert interviews, to elicit information on the investment governance and evaluation processes of four Green Banks; Australia's Clean Energy Finance Corporation, New Zealand Green Investment Finance, the New York Green Bank and the Montgomery County Green Bank. It concludes with lessons for other public financial institutions seeking to leverage private finance in the investment transition to net zero emissions.
About the Speaker
Chell Lyon’s PhD research explores the role of public investment in the transition to net zero emissions. She examines how public banks, particularly green banks, evaluate investment decisions, with a focus on implications for Australian policymakers.
About the Series
The New Energy: Conversations with Early-Career Energy Researchers series was created in 2020 to provide a platform to help advanced early-career energy and climate researchers share their research during a time when the pandemic prevented travel. The series has continued as an online opportunity to highlight some of the world's up-and-coming scholars in the energy and climate space.To learn more about the series and access videos of previous talks, visit dartgo.org/NewEnergy