Financing the Green Transition: The Role of Private-Public Collaborations
Countries worldwide are seeking private investments to advance the green transition. This seminar delved into the collaboration between the public and private sectors in financing long-term carbon abatement projects. It explored the synergy of this joint effort through three different perspectives: research findings, policy framework, and corporate strategies.
Given the scale of investment required for the green transition, countries worldwide, including Sweden, are seeking efficient strategies to draw private investment for infrastructure and technology innovations. Elevating the private sector's role offers the opportunity to scale up investment in projects aimed at climate change mitigation and adaptation.
However, the nature of the interaction is complex and requires attention to establish transparency, reflect long-term fiscal costs, and adequately balance risks across sectors. This task, while challenging, is essential for an alliance that benefits multiple stakeholders.
Swedish House of Finance, in collaboration with Stockholm School of Economics’ Mistra Center for Sustainable Markets (Misum) and House of Innovation, organized a discussion on financing of the green transition. During the seminar, the issue was addressed from different perspectives: academia’s evidence-based findings, policy framework, and insights from leaders in the finance industry.
Program and speakers
Keynote: Mikael Damberg, Former Minister for Finance of Sweden
Fireside chat: What do we know from research?
- Christian Sandström, Senior Associate Professor Business Administration at Jönköping University
- Gustav Martinsson, Affiliated Researcher at SHoF and Misum, and Associate Professor Financial Economics at Stockholm University
Panel Discussion: Opportunities and challenges in practice
- Karolina Ekholm, Director General of Riksgälden
- Liisa Raasakka, Head of European Investment Bank (EIB) Group for Sweden
- Niklas Ekvall, CEO of AP4
- Otto Gernandt, CFO at H2 Green Steel
The event was held in English and moderated by Aurore Belfrage, sustainability advisor and tech investor.