Challenges of climate change

The phenomenon of climate change, driven by the rising concentration of greenhouse gases (GHGs) in the atmosphere, primarily due to the use of fossil fuels, is now universally recognized as a planetary threat. This acknowledgment came to a global consensus through the Paris Agreement, where all the world’s nations committed to addressing the growing crisis.

Global Efforts to Mitigate and Adapt

Countries around the globe are actively developing mitigation and adaptation strategies to address the increasingly severe consequences of climate change. Among the most pressing challenges are:

  • More frequent and intense storms: These extreme weather events cause widespread destruction, affecting everything from infrastructure to public health.
  • Prolonged droughts: Particularly devastating to agriculture, droughts are expected to increase in both intensity and frequency.
  • Rising sea levels: This threatens to destabilize coastal economies and displace millions of people worldwide.
Aerial view of the forest in southwest Poland, Opole Voivodeship. Due to global warming, there is no snow in December.

The global economy is at risk of severe destabilization if these issues are not addressed. As a result, governments are designing comprehensive plans aimed at reducing greenhouse gas emissions and building resilience to the unavoidable impacts of climate change.

Climate Change: A Strategic Threat

Beyond its environmental implications, climate change is increasingly seen as a strategic threat. In the United States, for example, the Department of Defense has acknowledged the seriousness of the issue, stating:

“Climate change is an existential threat to our nation’s security, and the Department of Defense must act quickly and boldly to address this challenge and prepare for the damage that cannot be avoided.”

This statement underlines the growing recognition that climate change is not just an environmental concern but also a security issue that could destabilize societies, increase geopolitical tensions, and exacerbate global conflicts.

Even NATO, the transatlantic military alliance, highlighted the critical nature of the issue in its 2022 Strategic Concept:

“Climate change is a defining challenge of our time, with a profound impact on allied security. It is a crisis and threat multiplier. It can exacerbate conflicts, fragility, and geopolitical competition.”

Such a strong stance demonstrates that climate change has become a central concern for international security organizations, with implications that reach far beyond the environmental sphere.

Romania’s Vulnerability to Climate Change

Romania, like many other nations, is not immune to the effects of global climate change. The country is expected to experience more frequent and intense extreme weather events, including:

  • Prolonged droughts in the southern regions, severely impacting agriculture and water supplies.
  • Increased flooding in the northern areas, threatening infrastructure and homes.

These changes will affect several key sectors of Romania’s economy, including agriculture, infrastructure, construction, and insurance industries. Preparing for these challenges will require significant investment in resilience and adaptation measures.

A Broader Global Concern

What was once seen as an issue of environmental activism has now evolved into a global strategic threat, recognized by all nations and international organizations. Climate change is no longer the domain of environmentalists alone—it is now a priority for governments, militaries, and economic planners worldwide.

The energy transition—shifting away from fossil fuels toward renewable energy sources—is the only viable path to reducing the magnitude of climate change. Without concerted global efforts to reduce greenhouse gas emissions, the severity of climate-related impacts will only increase, posing greater risks to both human societies and natural ecosystems.

In conclusion, climate change presents one of the most significant challenges of our time, with far-reaching consequences for the environment, economy, and global security. The world must act swiftly and decisively to mitigate its effects, while simultaneously preparing for the inevitable changes that are already underway.

Curated by PPC.

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Agenda FEL Energy Trilemma Workshop

13:30 – 14:00

Welcome coffee & networking

An informal opportunity for participants to meet and greet each other over coffee before the session begins.

14:00 – 15:00

Keynote speakers

Olivian Savin – Manager Communication & Marketing FEL Romania
Ștefan Gheorghe – Executive Director CNR-CME
Andrei Gurin – Sustainable Finance Unit, Team Leader – Taxonomy and Reporting, European Commission
Ana Nedea – Director of Strategy & Business Development, SIMTEL Team

15:00 – 15:20

Coffee break

15:20 – 16:30

Energy Trilemma Workshop

Olivian Savin – Manager Communication & Marketing FEL Romania

16:30 – 18:00

Networking wine tasting offered by Simtel Team

CEE Climate Connect Agenda

Date: October 17, 2024

Location: Representation of the European Commission in Romania, Lascăr 31 Business Center

Co-organized with the Representation of the European Commission in Romania and the EU Climate Pact, this Climate Change Summit side event is a speed networking session aimed at professionals and key stakeholders in Central and Eastern Europe. It offers a chance to quickly connect with influential people, build new relationships, and explore potential collaborations. The goal is to help participants make valuable connections that can support their work and initiatives in the region.

09:30 – 10:00

Welcome Coffee

An informal opportunity for participants to meet and greet each other over coffee before the session begins.

10:00 – 10:15

Welcome Remarks

Roxana Cojocaru, Executive Director, Social Innovation Solutions
Mara Roman, Deputy Head, Representation of the European Commission in Romania
Ana-Maria Pălăduș, Vice President, REPER21, National Coordinator for the EU Climate Pact in Romania

10:15 – 10:45

Participant Introductions

In this session, each participant will have the opportunity to introduce themselves briefly, sharing their role, the organization they represent, and their key areas of focus related to climate action and sustainability. This session is designed to give attendees a better understanding of who is present and to start identifying potential points of collaboration.

10:45 – 12:00

Facilitated Networking Activities

This interactive segment will guide participants through structured networking exercises, encouraging meaningful exchanges and collaboration opportunities. Activities will include:

  • Speed Networking: A fast-paced series of short, one-on-one conversations where participants can quickly introduce themselves and discuss mutual interests.
  • Group Discussions: Participants will be divided into small groups based on shared topics of interest (such as energy, agriculture, or urban sustainability) to explore ideas and possible synergies.
  • Collaboration Mapping: Using a visual tool, participants will highlight potential collaborations within the group, allowing them to identify common goals and resources that can be shared for future projects.

These activities are designed to help attendees make impactful connections in a short amount of time and foster potential long-term partnerships.

12:00 – 12:30

Lunch

A relaxed networking lunch where participants can continue their conversations and deepen connections made during the morning sessions.

ESG Leaders Forum Agenda

09:00 - 10:00

Registration and Welcome Coffee

10:00 - 10:15

Introduction and Welcome Address

Philippe Thibaud

Deputy CEO, BRD - Groupe Societe Generale

Philippe Gabulon

CEO, Societe Generale Global Solution Centre in Romania and Deputy CEO for SG GSC in India

Ciprian Stanescu

President Social innovation Solutions

Mihaela Frăsineanu

State Counselor, Prime Minister's Chancellery

10:15 - 10:45

Panel 1: Legislation

Codruț Nicolau

Founder, Sustain Future

Elena Cargnello

Member of the Board of Directors | Cogenio

Mihaela Frăsineanu

State Counselor, Prime Minister's Chancellery

10:45 - 11:15

Panel 2: Sustainable Finance & Investment

Aleksandra Palinska

Executive Director at Eurosif

Andrei Gurin

Sustainable Finance Unit, Team Leader – Taxonomy and Reporting, European Commission

Iuliana Tiba

Director Social Environment and Positive Financing Division BRD Groupe Société Générale

11:15 - 11:45

Panel 3: ESG Measurement and Reporting

Alexander Stevens

CEO, Greenomy

Fenya Sourla

Co-founder, COO & ESG Expert at Dataphoria

Kaisa Karjalainen

Director of the Mission Zero Academy (MiZA)

11:45 - 12.30

Panel 4: Examples of Good Practice in Business

Tiberiu Dănețiu

Corporate Affairs and Media Retail Director, Auchan Romania

Ioana Botezatu

Head of CSR, Societe Generale Global Solution Centre (SG GSC) India and Romania

Raluca Mocanu

Sustainability Leader, IKEA România

Boualem Saidi

Senior Bayer Representative for the Country Group and Managing Director of Bayer SRL Romania

12:30 - 13.00

Coffee Break

13.00 - 14.00

Breakout Sessions (3 simultaneous topics)

Room 1: Legislation
Room 2: How to make Sustainable Financing work (workshop led by Theresa Spandel, on implementation of the CSRD)
Room 3: ESG Measurement and Reporting in Practice (session led by Alexander Stevens)

14.00 - 15.00

Networking Lunch

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