The CLIFF Project: May 2024 Workshop

CLIFF is a research project led by Prof. Dr. Joyeeta Gupta at the University of Amsterdam. We explore how large institutional investors can participate in phasing out fossil fuels. We investigate the global North-South implications of this transition. And we ask how shareholders and stakeholders can take measures to equitably participate in a transformation of our energy supply for inclusive development.

CLIFF Project

A workshop hosted by Prof. Dr. Gupta and the CLIFF Project at the University of Amsterdam to discuss a fossil fuel phaseout.

Doelenzaal, Room C0.07

CLIFF conducts research on how to phase out fossil fuels by addressing the keyinvestors and issues associated with leaving fossil fuels underground (LFFU) . In thisworkshop, we hope to further examine the questions: How can a better policyenvironment be developed, across sectors, to facilitate LFFU, and how can agents ofchange and countervailing powers contribute to accelerating an equitable phase -out? Rapidly phasing out fossil fuels, as is needed to mitigate the worst impacts of climatechange, will require radical transformation of major stakeholders in the fossil fuelempire, including oil and gas companies, governments, and investors. Doing so in away which accounts for the many justice implications of climate change will requirerethinking and challenging many of the principles and institutions which govern theseactors. Working towards a just transition poses many challenges and uncertainties (fai rlydistributing the losses associated with a fossil fuel phase out, implementing a justtransition for workers, ensuring access to the needed finance, among others). Forexample, the imminent stranding of assets in the Global North to fulfill committedclimate targets may encourage leapfrogging in the Global South where FF are newlyfound and used to avoid and/or build up such risk. However, (short term) profits andcontracts, amongst others, may prevent such a leapfrog. In this workshop, we will bringtogether experts working on climate change and phasing out fossil fuels across a rangeof sectors, to examine the norms, regulations, and countervailing powers which governand guide the fossil fuel sector and its stakeholders, the ways in which these policieshinder phase-out. We will ask, what changes or disruptions are needed to enable anequitable and rapid transition away from fossil fuels?

Agenda

Intro and welcome

Exploring the drivers and barriers for an inclusive FF phase out through the lens of climate law: The role of civil society, litigation and public-private-partnerships 

Speakers: Hiske Arts (Fossielvrij NL), Pim Heemskerk (Klimaatadvocaat), Prof. Dr. Christina Eckes (UvA), Nina Herzog-Hawelka & Opal Morales Ascencio (UvA)

Exploring the drivers and barriers for a fossil fuel phaseout

The international climate and energy policy environment: obstacles, policy levers, and the role of (countervailing) powers in a globally managed phase out of fossil fuels

Speakers: Prof. dr. Rick van der Ploeg (UvA), Ward Warmerdam (Profundo), Ambassador Riaz Hamidullah (People's Republic of Bangladesh), Yang Chen & August Heras (UvA) 

The international climate and energy policy environment

Enjoy a catered lunch, during which time we invite you to explore the work of our MSc students, who have created posters for the event.

Lunch

What are the barriers for the financial sector to accelerate the fossil fuel phaseout? 

Speakers: Myriam Vander Stichele (SOMO), Karel Kuipéri (Follow This), Prof. Dr. Agni Kalfagianni (Erasmus UR), Clara McDonnell, Frank de Morrée & Moataz Talaat (UvA) 

What are the barriers for the financial sector for a fossil fuel phaseout?

Conclusion and Wrap Up

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The CLIFF Project: May 2024 Workshop

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The CLIFF Project: May 2024 Workshop

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