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WFES 2011
Daily web coverage (click on the following links to see our daily web pages)
Highlights for Thursday, 20 January 2011
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The dais at the end of the Forum. L-R: Virginia Sonntag-O’Brien, Executive Secretary, REN21; Kirsty Hamilton, Chatham House, UK; Eicke Weber, Fraunhofer-Institutefür Solare Energiesysteme (ISE), Germany; and David Hart, E4Tech, Switzerland.
The fourth and final day of World Future Energy Summit (WFES) 2011 was organized around the theme “Finance Forum.” Fatih Birol, International Energy Agency, offered a keynote address in which he reviewed trends in and around renewable energy development. During a subsequent panel on “Finance Leaders from Renewable Energy – Insights from the Investors,” Nicholas Stern, London School of Economics, UK, said a new industrial revolution led by public policy is required. Morgan Bazilian, UNIDO, Kenneth Bateman, National Energy Board of Canada, Rob Bradley, Ministry of Foreign Affairs, UAE, Frank Beckers, Deutsche Bank, UAE, and Alex O’Cinneide, Masdar Capital, UAE, also discussed the challenges and opportunities for renewable energy financing. Parallel panels focused on innovative financing, challenges for venture capitalists, and patents and research and development, and side events, roundtables and other interactive fora hosted additional conversations on the WFES 2011 theme.

During the WFES 2011 closing ceremony, Virginia Sonntag-O’Brien, Executive Secretary REN21, invited speakers from the business, technology and finance themes to reflect on the Summit and to offer suggestions for WFES 2012. Speakers highlighted the need to integrate the policy, technology, finance and business themes considered during WFES 2011, as well as the diverse country conditions and best practices from other sectors, during WFES 2012. WFES 2011 closed at 3:54pm.
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Plenary Sessions
Finance Leader’s Keynote Address
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Fatih Birol, International Energy Agency (IEA), France

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Participants listening to Fatih Birol’s speech.

Finance Leaders in Renewable Energy - Insights from the Investors
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L-R: Kenneth Bateman, National Energy Board of Canada; Nicholas Stern, London School of Economics, UK; Morgan Bazilian, UNIDO; Chair Michael Liebreich, Bloomberg New Energy Finance, UK; Rob Bradley, Ministry of Foreign Affairs, UAE; Frank Beckers, Deutsche Bank, UAE; Alex O’Cinneide, Director, Masdar Capital, UAE; and Fatih Birol, IEA, France
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Nicholas Stern, London School of Economics, UK
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Rob Bradley, Ministry of Foreign Affairs, UAE
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Kenneth Bateman, National Energy Board of Canada
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Morgan Bazilian, UN Industrial Development Organisation (UNIDO)
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Alex O’Cinneide, Director, Masdar Capital, UAE
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Frank Beckers, Deutsche Bank, UAE
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Nicholas Stern, London School of Economics, UK, and Fatih Birol, IEA, France, talking to participants.
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L-R: Nicholas Stern, London School of Economics, UK, and Fatih Birol, IEA, France

International Policy - Leveraging Finance to Fund Development
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L-R: Paul Curnow, Baker & McKenzie, Australia; Rupert Edwards, Climate Change Capital, UK; Chair Kirsty Hamilton, Chatham House, UK; Pedro Marin, Former Secretary of State for Energy, Spain; Shane Tomlinson, E3G, UK; and Christine Eibs Singer, E+Co, US
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Paul Curnow, Baker & McKenzie, Australia
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Chair Kirsty Hamilton, Chatham House, UK
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Rupert Edwards, Climate Change Capital, UK
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Shane Tomlinson, E3G, UK
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Participants during the discussion.

Parallel Session on Innovation in Renewable Energy Financing
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L-R: Jules Kortenhorst, European Climate Foundation, the Netherlands; Daniel Calderon, Masdar Power, UAE; Chair Dima Rifai, Paradigm Change Capital Partners, UK; Marie-Athena Papathanasiou, EMEA SunPower, Switzerland; and Martin Billhardt, PNE Wind AG, Germany
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Jules Kortenhorst, European Climate Foundation, The Netherlands
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Marie-Athena Papathanasiou, EMEA SunPower, Switzerland
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Daniel Calderon, Masdar Power, UAE
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A view of the room during the event.

Side Event on Institutional Features and Requirements of a Climate Finance Regime
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L-R: Rob Bradley, Ministry of Foreign Affairs, UAE; Richard Stewart, New York University, UAE; and Jacob Werksman, World Resources Institute, US
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Participants during the event.

Parallel Session on The Challenge for Venture Capitalists in Clean Tech Investing
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L-R: Karin Larsen Burns, Ambata Capital Partners, US; Tayeb Al Dijani, Atlas International Company, UK; Ben Cotton, Earth Capital Partners, UK; and Chair Gil Forer, Ernst & Young, UK
Ennis Rimawi, Catalyst Private Equity, Jordan
Chair Gil Forer, Ernst & Young, UK
L-R: Karin Larsen Burns, Ambata Capital Partners, US; Tayeb Al Dijani, Atlas International Company, UK; and Ben Cotton, Earth Capital Partners, UK

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Ólafur Ragnar Grímsson (right), President of Iceland, meets with Adnan Amin, Interim Director-General, IRENA

Parallel Session on Patents and R&D Collaborations in New Energy Technologies: Critical Tools for International Competitiveness
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L-R: Bertram Huber, Intellectual Property for Sustainable Energy Ventures (IP*SEVA), Germany; Heinz Goddar, Boehmert & Boehmert, Germany; Cynthia Cannady, IP*SEVA, US; Chair Saleh Al Shunnar, Centre for British Teachers for Education, UAE
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Bertram Huber, IP*SEVA, Germany
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Heinz Goddar, Boehmert & Boehmert, Germany
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Cynthia Cannady, IP*SEVA, US

Closing Addresses - The Outlook for Future Energy
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Eicke Weber, Fraunhofer-ISE, Germany
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Virginia Sonntag-O’Brien, Executive Secretary, REN21
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David Hart, E4Tech, Switzerland
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A view of the room during the final session.

Around the venue
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IISD stand within the International Renewable Energy Agency (IRENA) pavilion
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Your IISD team at WFES 2011. L-R: Diego Noguera, Colombia; Asheline Appleton, Kenya; Simon Wolf, Germany; Lynn Wagner, Ph.D., US; Liz Willetts, US; Leila Mead, US; Kate Neville, Canada; Keith Ripley, US; and Miquel Muñoz, Ph.D., Spain.
Daily web coverage (click on the following links to see our daily web pages)
Related Links
Summit resources
*Summit website
*Summit programme
*WFES 2010 Summit and Exhibition

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