Climate Week NYC: A Spotlight on Sustainable Finance and Decarbonization

As the world grapples with the pressing challenges of climate change, the importance of sustainable finance and decarbonization has never been more critical. This year, Climate Week NYC stands as a beacon of hope and action, bringing together thought leaders, innovators, and advocates from across the globe. Among the notable participants are Kevin Dreher, Alex Bandza, and Rich Glaze, who will engage in discussions that promise to shed light on the pathways to a more sustainable future.

Climate Week NYC: A Global Gathering

Climate Week NYC is the largest annual climate event of its kind, featuring over 600 events and activities throughout New York City. This week-long initiative serves as a platform for organizations, businesses, and individuals to share insights, foster collaboration, and drive action towards climate solutions. Co-hosted by BDO USA and Triangle, alongside Barnes & Thornburg, the programming aims to address the multifaceted challenges posed by climate change, with a particular focus on sustainable finance and decarbonization strategies.

September 23: Insuring Ensurability and Navigating Tax Credits

On September 23, two significant panels will take center stage, featuring insights from industry experts Kevin Dreher and Alex Bandza.

Insuring Ensurability: A Panel Discussion

Kevin Dreher, co-chair of Barnes & Thornburg’s Insurance Recovery practice, will lead the panel titled “Insuring Ensurability.” This session promises to delve into the latest trends in catastrophic loss modeling and climate impact. As climate-related events become increasingly frequent and severe, understanding how to secure long-term insurance coverage is paramount for businesses and individuals alike. Dreher will discuss strategies to improve the chances of obtaining coverage in a landscape where traditional insurance models are being challenged by the realities of climate change. Participants can expect a thorough exploration of risk assessment, policy adjustments, and innovative insurance solutions that can help mitigate the financial impacts of climate-related disasters.

Navigating Tax Credits: Insights from the Field

Simultaneously, Alex Bandza will participate in the panel “Navigating Tax Credits.” This session will focus on the experiences of solar developers as they navigate the complexities of the Inflation Reduction Act (IRA) tax incentives. Bandza will share insights into how these incentives can be leveraged to fund renewable energy projects, as well as the emerging marketplace for buying and selling these credits. As the renewable energy sector continues to grow, understanding the financial mechanisms that support it is crucial for developers and investors alike. This panel will provide valuable information on how to effectively utilize tax credits to drive project success and sustainability.

To register for the sessions on September 23, click here.

September 24: Carbon Credit Credibility

The following day, September 24, Rich Glaze will take the stage for the panel “Carbon Credit Credibility.” This presentation will address the critical issue of credibility in the carbon credit marketplace, an area that has garnered significant attention as companies strive to meet their sustainability goals. Glaze will discuss how organizations are working to establish trust and measurable impacts within this evolving market. As carbon credits become a vital tool for companies aiming to offset their emissions, understanding the mechanisms that underpin their credibility is essential for ensuring that these efforts lead to real environmental benefits.

To register for the sessions on September 24, click here.

Conclusion: A Call to Action

As Climate Week NYC unfolds, the discussions led by Kevin Dreher, Alex Bandza, and Rich Glaze will contribute to a broader understanding of sustainable finance and decarbonization. Their insights will not only inform attendees but also inspire action towards a more sustainable future. In a time when climate change poses an existential threat, events like Climate Week NYC are crucial for fostering collaboration and innovation in the pursuit of effective solutions. By engaging in these conversations, we can collectively work towards a resilient and sustainable world.