• Minneapolis, MN — June 6, 2016 — 11:15 am – 1:30 pm
• At the Radisson Blu Mall of America (by invitation)
• Moderated discussion on macro-critical climate resilience
• Convened under the Chatham House Rule
• Participants will receive thematic brief, invitation and details

This dialogue is fifth in the series: Accelerating Progress, Advancing Innovation. The first dialogue was held on Day 2 of the Minneapolis 2015 conference and produced the strategy document “A Convenient Opportunity“. The second dialogue was held during the COP21 climate negotiations in Paris. Two ideas emerged from the Paris dialogue as useful and necessary tools for achieving an optimal energy transition: 1) high-efficiency business model innovation as common practice, and 2) a detailed understanding of the carbon pricing value chain.

The third dialogue was convened in Washington, DC, in April 2016, alongside the Spring Meetings of the World Bank and the International Monetary Fund, and in support of the first High-Level Assembly of the Carbon Pricing Leadership Coalition. Collaborative information-sharing was identified as necessary for mapping the carbon pricing value chain generally. A matrix of best practices were called for as a means of adapting overall CPVC analysis to individual institutions, enterprises, economies, and municipalities.

In Oslo, just five weeks ago, our fourth dialogue focused on the challenges inherent in developing a climate-smart global financial sector. It was business leaders who said we can learn from this that internalizing the costs of other kinds of waste would be beneficial—building efficiency, making businesses more agile and competitive—specifically suggesting: water, toxic pollutants, and other social costs.

Mutual thriving is becoming a global security imperative. The costs of not getting there are now visibly too high. Development of a long-term business resilience index, to help inform decisions about financial sector priorities, would be useful to redefining investment value, and directing capital to projects and institutions that don’t depend on externalizing costs.

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How to Achieve Macro-Critical Climate Resilience

The central challenge we put to ourselves in this dialogue is to discover new ways of talking about the macro-criticality of human development standards, rule of law, and assaults on human dignity resulting from ecological, political, and social vulnerabilities. Climate disruption creates conditions where harm is more likely; conditions where harm is more likely also make it more difficult for a society to respond to severe climate impacts.

Externalizing cost is not a long-term strategy, but a phase which must be followed by a steady rise in inefficiencies (cost and harm). The over-arching open question is how to achieve the macro-critical resilience needed to reduce vulnerability to climate disruption and prevent the slide into forced migration, human trafficking, conflict and other degradations of the human condition.

In light of this, we ask participants to share:

1. Ways you see collaborative multilevel, multilateral partnerships improving lived human experience.
2. Ways you see externalization of value protecting against institutional collapse from climate change.
3. Ways you see knowledge, innovation, opportunity and basic rights aligning with shared success.

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A full brief, highlighting a menu of actions and priorities for leading this process of change, will be released after sharing of meeting notes with participants.

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Program for June 6

• 11:15 am: Coffee and mingling for participants.
• 11:30 am – 12:30 pm: First half of moderated conference-table dialogue among participants.
• 12:30 pm – 12:40 pm: Short break.
• 12:40: pm – 1:40 pm: Second half of moderated conference-table dialogue among participants.

Lunch will be served.

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Co-cordinated and hosted by:

 

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The Dialogue Series

1. October 2015, Minneapolis — The Climate Action Opportunity
2. December 2015, Paris — The Carbon Delta & Business Model Change
3. April 2016, Washington — Assessing the Carbon Pricing Value Chain
4. May 2016, Oslo — Evolving a Climate-Smart Financial Sector
5. June 2016, Minneapolis — Achieving Macro-Critical Climate Resilience
6. Sept 2016, New York — Climate, Peace & Security in the SDGs
7. Oct 2016, Washington — During World Bank / IMF Annual Meetings
8. Nov 2016, Marrakech — During the COP22 Climate Negotiations

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