NERA Associate Director Benjamin Chee is participating in the 22nd session of the Conference of the Parties (COP 22) to the UN Framework Convention on Climate Change, the 12th session of the Conference of the Parties to the Kyoto Protocol (CMP 12), and the first Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA 1) in Marrakesh, Morocco. The United Nations Climate Change Conference in Marrakesh is the crucial next step for governments looking to operationalize the Paris Climate Change Agreement adopted last year. Participants will convene and determine how to move forward in a common direction as one global community.
Mr. Chee is presenting on the panel, “Do I Hear $2 Billion? Using Auctions to Attract Investment in Clean Energy & Climate Projects,” which will discuss the use of auctions to attract investment in clean energy projects, as well as best practices and critical implementation considerations. As part of this session, Mr. Chee is supporting an interactive simulation to illustrate the concepts, mechanics, and efficiencies of auctions. NERA is the auction manager for the World Bank’s Pilot Auction Facility for Methane and Climate Change Mitigation, which is listed as organizer of this session.