Financing the Green Transition

Policy Instruments, Energy Security, and Geopolitical Dimensions. Perspectives from Nigeria, Indonesia, and India
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Deutsche Gesellschaft für Auswärtige Politik e.V., Rauchstraße 17/18, 10787 Berlin, Germany
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DGAP Event Platzhalter

The transition toward climate neutrality and climate-resilient development requires substantial financial resources. Emerging economies face the challenge of financing this transition while addressing development needs, economic competitiveness, and rising costs from climate-related damages. At the same time, the energy transition has become an issue that extends well beyond environmental and technical considerations. It increasingly includes questions of resilience, security, and geopolitical positioning.

Nigeria, Indonesia, and India illustrate different approaches to managing these challenges. While their energy systems, development models, and policy instruments differ, all three countries must reconcile development priorities with the increasingly internationalized pressures and opportunities that arise from the global green transition. This roundtable considers how policy instruments such as carbon pricing, energy price reform, and climate finance not only shape the distribution of transition costs and benefits but also affect international dependencies and influence economic and energy security.

Speakers include:
Soumya Chaturvedi, Doctoral Researcher, German Institute for Global and Area Studies (GIGA), Germany
Prof. Nnaemeka Chukwuone, Director, Resource and Environmental Policy Research Centre (REPRC), Environment for Development (EfD) Nigeria, University of Nigeria Nsukka, Nigeria
Putra Maswan, Finance and Economic Analyst, Institute for Essential Services Reform (IESR), Indonesia
Tessa Schiefer, Doctoral Researcher, Potsdam Institute for Climate Impact Research (PIK), Germany

Moderator: Tim Bosch, Research Fellow in the Center for Climate and Foreign Policy, DGAP

This event is part of a project implemented by the Potsdam Institute for Climate Impact Research (PIK) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH through the Climate Diplomacy Action Programme (CDAP) on behalf of the International Climate Initiative (IKI) of the federal government of Germany. Within the federal government, the IKI is anchored in the Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety (BMUKN) with this project being under the responsibility of the Federal Foreign Office (AA).

For any questions, feel free to contact events@dgap.org.