Working with United Kingdom to accelerate the energy transition
Christian Downie (first from left), Maxfield Peterson (second from left) and Howard Bamsey (fifth from left) with representatives from the UK Department for Energy Security and Net Zero, and E3G.
In August 2024, the Governing Energy Transition Lab at RegNet hosted a delegation from the United Kingdom’s Department for Energy Security and Net Zero to discuss international climate and energy finance.
A closed-door discussion brought together academic experts from ANU, government officials and finance practitioners to consider how to accelerate public finance into clean energy industries.
This was followed by a public panel discussion: A critical decade: accelerating the global energy transition. The panel featured RegNet’s Professor Howard Bamsey, Associate Professor Christian Downie and Dr Maxfield Peterson alongside representatives from both the UK Department for Energy Security and Net Zero and E3G, an independent climate change think tank.
Key themes included the role of public banks in the energy transition, recent international commitments by G20 governments to limit public finance for fossil fuels and the regulatory and governance barriers to deploying public finance into clean energy projects. The conversation underscored the necessity of integrating climate goals into economic planning and served as a platform for dialogue on the challenges and opportunities in the energy transition, including for Australia and the UK.