 The Rio Climate Challenge/Rio Clima (RCC) 2015 will meet on the 26th and 27th of October in Rio de Janeiro - one month before the 21st Conference in Paris of the UNFCCC (COP21) - to brainstorm the ‘positive pricing’ of carbon reduction as well as carbon taxation issues in order to define concrete and realistic proposals to be presented to the UNFCCC and the G20 group. Its main purpose is to add critical mass to the approval of the Brazilian submission (made in COP20 in Lima, Peru) in the Paris process related to “recognizing the social and economic value of carbon reduction” and to refine, aiming at the post-Paris process, the “positive pricing” mechanisms, including the one presented by France Strategie. The RCC 2015 will bring together prestigious leaders and thinkers working on low carbon transition issues for a two-day event with closed and public sessions. The financing of the transition to low carbon economies demands only in the energy sector U$ 1 trillion every year. Governments - most of them running persistent deficits and huge debts - do not have sufficient resources to fund it by themselves. The Green Climate Fund, in the best-case scenario, will guarantee U$ 50 billion for all mitigation actions, although it is hard to believe it actually will. The risk of deflation has induced the EU to pursue ‘quantitative easing’ without a specific productive low carbon destination. The global financial system operates close to U$ 300 trillion in pursuit of self-multiplication, detached from productive investment. As the world experienced in 2008 and subsequently, this comes along with dire macroeconomic consequences. How to bring at least a fraction of this enormous wealth into productive transition to low carbon economies? Would that make sense for macroeconomics and social development? The international community should officially recognize carbon reduction as a convertible unit of value enabling an agreed upon institution – the IMF or a pool of central banks, to guarantee commercial banks financing carbon reduction investments to be replayed in ‘carbon reduction certificates’ convertible to currencies by this existing or new institution. The financial system could then design an array of new products linked to this “climate currency”. In fact, this recognition is not based on that much of an abstraction. The economic global losses in ‘business as usual’ or in other underperforming carbon reduction scenarios are quantifiable with increasing precision notwithstanding some degree of controversy. In fact, carbon reduction has an intrinsic social/economic value to be recognized and incorporated to both international and national accounting. This arrangement along with the reforms of taxation systems – at local, provincial, national and international level - focusing on carbon intensity and ending fossil fuel subsidies are fundamental conditions for success beyond the classic command and control actions and agreements which will not be able, by themselves, to ‘bridge the gap’. Eduardo Eugenio Gouvêa Vieira (President, Federation of Industries of the State of Rio de Janeiro), Alfredo Sirkis (Executive diretor, Brazil Climate Center), Marina Grossi (Brazilian Business Council for Sustainable Development - CEBDS), Israel  Kablin (FBDS) and André Correa (Rio de Janeiro State Secretary). Ken Berlin (President and CEO of Climate Reality) Discussion about the transition to low carbon economies and their instruments. Conclusions based on the debates from the previous day. Michele Stua (Sussex), Christophe de Gouvello (World Bank), Jean Charles Hourcade (CIRED) and Irving Mitzner (Johns Hopkins) Vincent Aussilloux (France Stratégie), Rogério Studart (COPPE) and Celso Lemme (COPPE). Discussion about the Brazilian proposal about the recognition of the social and economic value of mitigation activities. Guiding questions: Baptiste Perrissin-Fabert (Ministère de l'Écologie, du Développement durable et de l’Énergie, France), Alfredo Sirkis (Executive diretor, Brazil Climate Center) and Emílio la Rovére (COPPE). Guiding questions for discussion: José Eli da Veiga (USP), Roberto Schaeffer (COPPE) and Alexandre Prado (Instituto Arapyaú) Guiding questions for discussion: Mario Molina (Climate Reality), Isaura Frega (Rio de Janeiro State Secretary) and Branca Americano (ICS)   France Stratégie est une institution autonome placée auprès du Premier ministre, France Stratégie contribue à l’action publique par ses analyses et ses propositions. Elle anime le débat public et éclaire les choix collectifs sur les enjeux sociaux, économiques et environnementaux. Elle produit également des évaluations de politiques publiques à la demande du gouvernement. Les résultats de ses travaux s’adressent aux pouvoirs publics, à la société civile et aux citoyens. Nous contacter Données personnelles et cookies 