On 13-14 September 2012, the Carbon War Room convened leading executives, investors, academics, entrepreneurs, and select public sector representatives in Berlin, Germany for the first German Creating Climate Wealth (CCW) summit. The Creating Climate Wealth summit is a unique, outcome-oriented workshop with a sector-based approach to solving problems. In the aptly chosen former mansion of Friedrich Christian Correns, entrepreneur and founder of battery-maker Varta, today’s clean technology leaders put their heads together to create opportunities for profitable carbon reductions. With the splendid turn-of-the-century surroundings nurturing innovative, cutting-edge ideas, attendees applied their expertise in one of six working tracks:
- Distributed Renewable Generation
- Energy Efficiency in the Built Environment
- Finance and Investment
- Industrial Energy Efficiency
- Maritime Shipping
- Trucking & Transport Logistics
For all of these sectors, Carbon War Room finds that mature technologies exist which have the potential to reduce greenhouse gas emissions (GHGs) while providing strong returns on investment. So why are these technologies not already enjoying widespread adoption? Major market barriers are standing in their way, jeopardizing the world’s chance of meeting critical climate stabilization targets and constraining wealth creation. Within their working tracks, attendees identified and analyzed the most pressing barriers to green market growth, and then developed solutions for overcoming those barriers and accelerating the deployment of clean technology. Working
tracks are output-oriented round-table discussions that follow the Carbon War Room’s well-honed format for facilitating collaboration, producing not only solution ideas but also strategies for implementing those solutions in the market.
Two of the working tracks summarized in this report – Energy Efficiency in the Built Environment and Maritime Shipping – are active Carbon War Room operations already, pursuing strategies developed at previous summits. At this meeting we sought to refine and build upon those strategies while bringing more stakeholders into the discussion. The other four tracks are currently in the research and scoping phase, as the Carbon War Room gathers more
information about barriers and opportunities in these sectors. All tracks were chosen in collaboration with our strategic partners in Germany, Triad, to ensure that they represented local demand for discussions on these important topics.
At the end of their two-day discussions, each of the six working track groups presented their conclusions to a panel of major investors and change makers in full plenary session. This report summarizes the working tracks’ discussions, solutions and strategies, with the hope that they may serve as operational pathways for all stakeholders invested in achieving substantial emissions reductions in these sectors. The summit’s findings form part of the basis for the work of the Carbon War Room and our partners over the following year in a given sector. Much of summit’s enduring value comes from the relationships and partnerships developed there – relationships which then facilitate the successful implementation of the summit’s catalytic solution strategies. In addition to using the Creating Climate Wealth summit to guide our own work, the Carbon War Room charges all attendees to ask themselves: how do I participate in this solution? What can I do to move this forward? These solutions require the concerted co-operation of multiple stakeholders. But with work comes reward, as each of the emissions reduction strategies presented here are structured to provide profitable returns on investment and catalyze economic growth in their sectors.