The 2018 Climate Innovation Summit, Europe’s leading event on climate innovation, will be held in the emerging green business hub of Dublin this November with a focus on the finance needed to accelerate climate action. 

From 6 to 8 November, 600 decision makers from across Ireland and Europe will convene to discuss innovative finance solutions that will accelerate the decarbonisation of transport, buildings, and food production.

Paschal Donohoe TD, Minister for Finance, Public Expenditure and Reform, will open the 2018 event. Donohoe said: “Underlining Ireland’s commitment to this vital agenda, I am delighted that Europe’s Climate-KIC has chosen Ireland as the venue for this important gathering. Climate change is one of the most crucial issues facing the world today.”

The Summit, which has taken place annually since 2016, connects policymakers, businesses, entrepreneurs, scientists and academics to share best practice and create the opportunities to scale-up the solutions that accelerate climate action.

EIT Climate-KIC is intensifying its focus on finance innovation as a driver of change within cities, manufacturing and land use and the Summit will see the public-private partnership consolidating a number of new initiatives and collaborations ahead of COP24.

EIT Climate-KIC chief executive, Kirsten Dunlop said: “Transforming the financial sector so that it can kickstart a zero-carbon economy necessitates not just new relationships with the finance sector, but new business models, new ways of accounting, reporting and understanding social and environmental value. The Climate Innovation Summit in Dublin will be essential in bringing together these currently disparate efforts across Europe to form a united innovation front in the run up to COP24.”

Held at Dublin Castle, the summit will convene a multi-disciplinary group of changemakers to advance the innovation in finance, investment flows and accounting needed to decarbonise transport, buildings, and food production – and put Europe on track to meet its climate goals.