As an MSc in Sustainability Entrepreneurship and Innovation student at ESCP Business School, attending the International Energy Agency (IEA) Ministerial Meeting in Paris was an eye-opener into the world where policy meets the urgent call for climate action. The IEA is an intergovernmental organisation that works with 31 countries around the world to shape energy dialogue and policy. I and a group of fellow ESCP students were lucky enough to be invited to this high-level meeting as a part of the IEA’s 50th Year Anniversary. Surrounded by global energy leaders and innovators, I was thrust into a melting pot of ideas aiming to carve out a sustainable future.
The day was packed with inspirational keynote speeches that emphasized the urgent need for innovation, investment, and collaboration across borders to spearhead the green transition. It was invigorating to hear leaders and experts discuss the importance of scaling up green technologies, fostering public-private partnerships, and filling the investment gaps, especially in emerging markets.
Panel discussions dove into the intricacies of clean energy technologies, financing models, and policy frameworks. Each conversation was a reminder of the complex puzzle that is climate action, with each piece—be it technology, finance, or policy— needing to fit perfectly to complete the picture.
But what struck me the most was the collective spirit of determination. Despite the challenges laid bare, there was an underlying current of optimism. Discussions on the role of governments, the power of responsible investment, and the necessity of global cooperation painted a picture of a future where the green transition is not just possible, but inevitable.
The next steps for the green transition are clear. We need to accelerate the deployment of clean energy technologies through increased innovation and investment. This requires enhancing international collaboration to share knowledge and resources effectively. Furthermore, there’s a critical need to bridge investment gaps, particularly in emerging markets, by fostering public-private partnerships and developing financial mechanisms that support sustainable investments. Governments play a pivotal role in creating supportive policy frameworks that incentivize green investments and ensure an equitable transition for all stakeholders. The journey ahead is challenging but, with concerted efforts, a sustainable future is within our reach.
As a student with a keen interest in the business side of sustainability, I left the meeting more inspired than ever. The blend of high-level talks and practical discussions provided a clear vision of how businesses, governments, and individuals can come together to tackle one of the most pressing challenges of our time.
This experience has not only enriched my understanding but also solidified my commitment to being a part of the solution. The path to a sustainable future is fraught with challenges, but with the collective effort and innovative spirit I witnessed at the Meeting, I am hopeful for what the future holds.
This day at the IEA Ministerial Meeting was a profound and exciting learning experience, blending the realms of academia, policy, and business in the fight against climate change. It’s a reminder that the journey towards sustainability is a collective one, requiring the efforts of all sectors of society.
Jannis Duckek is currently a first-year Master student studying Sustainability Entrepreneurship and Innovation at ESCP Business School. He is from Koblenz, Germany, and obtained a Bachelor of Science in Ceramic Industrial Engineering from Hochschule Koblenz. Jannis has previously worked in business development, R&D, and consulting for both SMEs and multinational companies. He is currently working on an impact project in the FMCG industry and hopes to dedicate his future career in combating climate change.