Singapore-IRENA High-Level Forum 

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ORGANISER Energy Market Authority, International Renewable Energy Agency
DATE 26 October 2021
TIME 14:30 - 17:30
VENUE Sands Expo and Convention Centre, Marina Bay Sands Singapore

Investing in an Inclusive and Just Clean Energy

The Singapore-IRENA High Level Forum will focus on Investing in an Inclusive and Just Energy Transition. The forum brings together international energy leaders to discuss and exchange views on mobilising investments to support and shape an inclusive energy transition.

Holding the line at 1.5°C means reaching net zero by 2050 and ensuring a rapid decline in emissions beginning now. The International Renewable Energy Agency (IRENA)’s World Energy Transitions Outlook provides the contours of a just and inclusive energy transition pathway and a concise set of actions fully aligned with the findings of the Intergovernmental Panel on Climate Change (IPCC). The IRENA 1.5°C Scenario (1.5-S) describes an energy transition pathway aligned with the 1.5°C climate ambition and limiting global average temperature increase by the end of the present century to 1.5°C. It prioritises readily available technology solutions including all sources of renewable energy, electrification measures and energy efficiency, which can be scaled up at the necessary pace for the 1.5°C goal.

Against this backdrop, Singapore and IRENA will co-host the High-Level Forum at SIEW, with the theme “Investing in an Inclusive and Just Clean Energy Transition”. The Forum provides a platform for Ministers, CEOs and thought leaders to explore and discuss the need to finance renewable and clean energy projects in order to facilitate the energy transition. The forum will focus on these key areas:

  • Mobilising Investment to Support the Energy Transition
  • Shaping an Inclusive and Just Energy Transition
  • The Role of Technology in Driving the Energy Transition

Welcome Remarks & Opening Remarks

14:30 – 14:45 hrs

Speakers

2M-Dr-Tan-See-Leng

Dr Tan See Leng

Minister for Manpower and Second Minister for Trade and Industry

Singapore

Francesco-La-Camera

Francesco La Camera

Director-General

International Renewable Energy Agency

Session 1: Mobilising Investment to Support Energy Transition

Presented by:

smbc

14:45 – 15:45 hrs

Keynote

Arifin-Tasrif

H.E. Arifin Tasrif

Minister of Energy and Mineral Resources

Republic of Indonesia

Lim-Jock-Hoi

H.E. Dato Lim Jock Hoi

Secretary-General of ASEAN

ASEAN

Kadri Simson

H.E. Kadri Simson

Commissioner for Energy

European Union

Panel Discussion

To ensure a sustainable, climate-safe and resilient future, significant investments need to flow into an energy system that prioritizes renewables, electrification, energy efficiency and associated infrastructures. At the same time, those investments must not lead to lock-in effects that are not compatible with the 1.5°C Scenario. The 1.5°C Scenario shows that cumulative investments of over USD 24 trillion should be redirected from fossil fuels to energy transition technologies over the period to 2050. In annual terms, an over two-fold rise in energy sector investments to USD 4.4 trillion per year until 2050 would be needed compared to USD 1.8 trillion invested in 2019 or nearly 5% of global estimated gross domestic product today.

This session will deliberate on some of these critical issues:

  • What are some innovative policies, regulatory frameworks and best practices to incentivise markets, and re-direct resources to accelerate the green energy transition?
  • How do we promote private-public collaborations on accelerating renewable energy investments and financing the clean energy transition?

Speakers

joao Galamba

H.E. Dr. João Saldanha de Azevedo Galamba

Deputy Minister and Secretary of State for Energy

Portuguese Republic

Herdan_Thorsten

Thorsten Herdan

Director General, Energy

Federal Republic of Germany

Gauri Singh

Gauri Singh

Deputy Director-General

International Renewable Energy Agency

Kaveh Zehedi

Kaveh Zahedi

Deputy Executive Secretary

United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)

Eugene Cheng

Eugene Cheng

Group Chief Financial Officer

Sembcorp Industries

Seth-tan

Seth Tan

Executive Director

Infrastructure Asia

Moderator
Luca Tonello

Luca Tonello

Managing Director, Structured Finance Department, Asia Pacific

SMBC

Session 2: Shaping an Inclusive and Just Energy Transition

Presented by:

sarawak

15:45 – 16:30 hrs

Keynote

Kwasi

The Rt. Hon. Kwasi Kwarteng

Secretary of State for Business, Energy and Industrial Strategy

United Kingdom

Ith-Praing

H.E. Dr Ith Praing

Secretary of State, Ministry of Mines and Energy

Kingdom of Cambodia

Patricia Espinosa

H.E. Patricia Espinosa

Executive Secretary

United Nations Framework Convention on Climate Change (UNFCCC)

Panel Discussion

The energy transition cannot be considered in isolation, separate from the socio-economic context in which it is deployed. Investing in energy transition technologies creates up to three times more jobs than do fossil fuels, for each million dollars of spending. Social and economic policy, based on collaboration and co-operation, can address the fairness and justice dimensions, both within and between countries.

This session will deliberate on some of these critical issues:

  • What are the critical socio-economic drivers for the global energy transition?
  • What are the key socio-economic indicators (e.g. green jobs and livelihoods, income inequality, access & affordability to clean electricity, geographical factors) that policymakers should incorporate into assessing the energy transition?
  • What are the ways in which we can sustain and enhance the resiliency of the energy transition?

Speakers
Dr.Prasert Sinsukprasert

Dr Prasert Sinsukprasert

Director-General of the Department of Alternative Energy Development and Efficiency, Ministry of Energy

Kingdom of Thailand

Kara Owen

H.E. Kara Owen

High Commissioner to Singapore

United Kingdom

Paulo Kautoke

Paulo Kautoke

Senior Director, Trade, Oceans and Natural Resources

Commonwealth Secretariat

Datu haji SS

Datu Haji Sharbini Suhaili

Group Chief Executive Officer

Sarawak Energy

Isabel

Isabel Chatterton

Regional Industry Director, Infrastructure and Natural Resources - Asia Pacific

International Finance Corporation

Moderator
Gauri Singh

Gauri Singh

Deputy Director-General

International Renewable Energy Agency

Session 3: The Role of Technology in Driving the Energy Transition

16:30 – 17:15 hrs

Keynote

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H.E. Nguyen Hong Dien

Minister of Industry and Trade

Socialist Republic of Vietnam

Minister-DAmbrosio

The Hon. Lily D' Ambrosio MP

Minister for Energy, Environment and Climate Change, Minister for Solar Homes

Victoria Australia

Panel Discussion

Beyond the mobilisation of financial investments, technology serves as an important vehicle towards our low carbon energy future. From battery storage, smart grid, to carbon capture, technologies like these have seen significant advancement of the last decade. Going forward, it is crucial that we examine the ways and means in which we can further accelerate the development and deployment of technology to enhance the role of renewables, better manage energy demand, and further decarbonise the energy sector.

In this regard, this session would thus seek to deliberate on some of critical issues such as:

  • What are some of the measures that we can utilise to spur greater innovation in the field of clean energy technology?
  • How can we further leverage on the trend of digitalisation (i.e. Internet of Things, AI) to create a “smarter” energy system, one that is more secure, efficient and reliable.
  • How can technology play a part in ensuring a fair and just energy transition for all?

Speakers

Minami Ryo

Minami Ryo

Deputy Commissioner for International Policy on Carbon Neutrality

Ministry of Economy, Trade, and Industry, Japan

Barbara Noonan

Barbara Noonan

Chief Executive Officer, Grid Solutions, Asia Pacific, China & Japan

GE Renewable Energy

Mr Brian Byrne

Brian D. Byrne

Senior Vice President, Siemens Energy Asia Pacific Hub

Managing Director, Siemens Energy Pte Ltd Singapore

Mozaharul Alam

Mozaharul Alam

Regional Coordinator, Climate Change Programme

United Nations Environment Programme (UNEP)

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Amandeep Singh Bedi

Director - Sustainability Solutions

ENGIE Impact

Moderator
tim rockell

Tim Rockell

Chairman Energy & Utilities Business Committee

British Chamber of Commerce Singapore

Closing Remarks

17:15 – 17:30 hrs

Speakers
Ngiam-Shih-Chun

Ngiam Shih Chun

Chief Executive

Energy Market Authority of Singapore

Gauri Singh

Gauri Singh

Deputy Director-General

International Renewable Energy Agency

SIEW 2021 Sponsors

envision

SIEW Platinum Sponsor

exxonmobil

Singapore Energy Summit Panel Sponsor

pavillion

Singapore Energy Summit Panel Sponsor

sembcorp

SIEW Thinktank Roundtables Sponsor

shell

Singapore Energy Summit Panel Sponsor

SP Group

SIEW Future of Energy Presenter

tellurian

Singapore Energy Summit Lunch Sponsor

engie

Singapore Energy Summit Panel Sponsor

jera

SIEW Registration and Lanyard Sponsor

s--keppel

Singapore Energy Summit Panel Sponsor

mitsubishi

SIEW Virtual Platform Sponsor

sarawak.logo

Singapore-IRENA High-Level Forum Panel Sponsor

daigas

SIEW VIP Meeting Sponsor

accenture

SIEW Content Partner

astar-sbc

SIEW Energy Insights Sponsor

smbc

Singapore-IRENA High-Level Forum Panel Sponsor

senoko

SIEW Sponsor

SLNG

SIEW Sponsor

tuas

SIEW Sponsor

bmw

SIEW Official Car Sponsor

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