Fiona Maclean

Fiona Maclean is the Head of Energy & Transition and the Global Oil & Gas ESG Analyst at Amundi, and has over 20 years of financial market experience. Prior to joining Amundi, Fiona spent 10 years as the European Oil Services analyst at Merrill Lynch, prior to that she spent 2 years at Citi, in the same role. Fiona started her career as an investor, spending 7 years as an Associate Director, Assistant Fund Manager at Newton Investment Management, focusing on European Equities. Fiona has the CFA Certificate in Climate & Investing, and the CFA Certificate in ESG Investing and a BA (Hons) in Financial Economics.

Session Overview

Tuesday, 5 November

15:30

15:30 - 16:15

Securing energy finance to deliver a pragmatic and equitable energy transition for emerging economies

To achieve a just and equitable energy transition capital must be accessible, available, and affordable. The UAE Leaders’ Declaration on a Global Climate Finance Framework and ALTÉRRA are examples of the collaborative mechanisms aiming to mobilise capital and reduce risk, but progress still needs to be made. Barriers to investor confidence range from developing economies’ high borrowing costs, real and perceived investment risks, limited creditworthy off takers, and uncertain regulatory environments, all of which need to be addressed to attract and secure critical funding.

Attendee insights:

In the lead up to COP29, join a multilateral stakeholder group to progress dialogue around viable, sustainable, and innovative finance structures to enable a pragmatic and equitable energy transition. Participants will provide insights on finance structures, the development of domestic capital resources, and how to facilitate international private finance flows.