Financial Pathways Incubator 2: The Co-benefits of decarbonisation?

What are the co-benefits of investing in climate mitigation and adaptation? 

The true value of investing in climate change are understood to be far greater than traditional measures of financial returns, jobs creation, and tonnes of CO2 equivalents saved. Indeed, the ‘co-benefits’ of climate investing can include improved air and water quality, flood resiliency, and increased local biodiversity, as well as warmer homes, better health outcomes, and increased happiness.

Yet, valuing these co-benefits in ways that are compatible with traditional valuation methodologies has been elusive and challenged scholars and practitioners alike to reconcile notions of ‘value’ and ‘values’. Addressing this challenge is critically important because the ‘economic case’ for decarbonising Scotland’s housing and building stock rests on bridging the conceptual and empirical divide between benefits and co-benefits.

In this second annual Financial Pathways Incubator, we bring together cross-sectoral stakeholders from the worlds of government, academia, finance, and the built environment sector to share:

• Financial methodologies that bridge the benefits co-benefits divide
• Advances in co-benefits research
• Place-base approaches to co-benefits

Day plan for the incubator (detailed agenda for the incubator is forthcoming):

Day 1: Thursday 9 Jan| 930-1600
Incubator

Day 2: Friday 10 Jan | 930-1300
Technical Sprint