BEGIN:VCALENDAR VERSION:2.0 PRODID:unctad.org BEGIN:VEVENT UID:6a58a9f64d830 DTSTART:20250703T063000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20250703T080000Z LOCATION:Seville\, Spain SUMMARY:FFD4 side event: Beyond extraction - reshaping global finance and raw materials trade for a just transition CLASS:PUBLIC DESCRIPTION:The global energy transition cannot succeed by expanding extrac tion alone—or by relying on a financial system built around short-term supply security. To achieve a just transition\, international public fina nce must be reoriented toward structural transformation: enabling energy s overeignty\, midstream industrial development\, and fiscal resilience in producer countries. Tax and debt rules must be restructured\, and climate finance must be redefined to reflect access\, ownership\, and long-term development—not just emissions counting. At the same time\, protecting policy space and securing equitable technology access are essential founda tions\; without them\, finance alone will reproduce dependency rather tha n resilience.This session will explore how Global South and Global North a llies can reshape global financial architecture to:Center public finance reform in transition minerals governance\;Shift climate finance metrics from carbon counting to structural resilience\;Make tax\, debt\, and clima te justice inseparable pillars of COP30\;Protect industrial policy space a nd technology access as foundational rights\;Institutionalize holistic acc ountability across all major public finance flows—including Public Inv estment Banks (PIBs)\, Export Credit Agencies (ECAs)\, reinvestment instit utions\, and blended programs like the Global Gateway—by embedding enfor ceable standards that both shield communities from social and environmenta l harm and tie the promise of local benefits to measurable\, actionable o utcomes.Key Themes Reorienting Public Finance - Condition DFIs\, ECAs\, P IBs\, and MoUs on building energy production\, energy access infrastructur e\, and midstream industrial capacity—not raw material export corridors. Tax and Debt Justice as Enablers- Strengthen tax cooperation\, tackle illi cit flows\, and link sovereign debt restructuring to climate and industri al transition goals.Defending Industrial Policy Space-Embed climate carve- outs and ISDS phase-out to safeguard the right to build local clean indust ries.Unlocking Technology Access and Co-Ownership-Condition public financ e and MoUs on real technology sharing\, licensing flexibility\, and joint ventures.Building the Accountability Spectrum- Ensure public finance del ivers: Accountability for impacts (social\, environmental\, labor norms + ISDS phase out)\; Accountability for benefits (energy access\, industrial value retention\, fiscal gains).Shifting the Metrics of Climate Finance- Move beyond emissions counting to structural development metrics: energy a ccess\, local clean tech production\, fiscal resilience\, technology tran sferForum Agenda DescriptionThe panel will examine how international publi c finance—without deep restructuring—risks entrenching a new wave of extractivism\, draining fiscal capacity\, and undermining local industria lization.Speakers will address:How to redirect Global North-backed financ e toward real public goodsWhy tax and debt reform are critical preconditio ns for transition investmentsHow climate finance must be re-metricized to measure access\, ownership\, and resilienceWhy policy space must be prote cted from shrinking further under new FTAs\, BITs\, and ISDS/ICTsHow accou ntability must be embedded into all international finance mechanisms < \;p>\;The global energy transition cannot succeed by expanding extractio n alone—or by relying on a financial system built around short-term sup ply security. To achieve a just transition\, international public finance must be reoriented toward structural transformation: enabling energy sove reignty\, midstream industrial development\, and fiscal resilience in pro ducer countries. Tax and debt rules must be restructured\, and climate fi nance must be redefined to reflect access\, ownership\, and long-term de velopment—not just emissions counting. At the same time\, protecting pol icy space and securing equitable technology access are essential foundatio ns\; without them\, finance alone will reproduce dependency rather than r esilience.<\;/p>\;<\;p>\;This session will explore how Global Sout h and Global North allies can reshape global financial architecture to:&l t\;/p>\;<\;ul>\;<\;li>\;Center public finance reform in transit ion minerals governance\;<\;/li>\;<\;li>\;Shift climate finance m etrics from carbon counting to structural resilience\;<\;/li>\;<\;li >\;Make tax\, debt\, and climate justice inseparable pillars of COP30\;& lt\;/li>\;<\;li>\;Protect industrial policy space and technology acc ess as foundational rights\;<\;/li>\;<\;li>\;Institutionalize holi stic accountability across all major public finance flows—including Pu blic Investment Banks (PIBs)\, Export Credit Agencies (ECAs)\, reinvestmen t institutions\, and blended programs like the Global Gateway—by embeddi ng enforceable standards that both shield communities from social and envi ronmental harm and tie the promise of local benefits to measurable\, acti onable outcomes.<\;/li>\;<\;/ul>\;<\;h4>\;Key Themes&\;nbsp \;<\;/h4>\;<\;ul>\;<\;li>\;Reorienting Public Finance - Condit ion DFIs\, ECAs\, PIBs\, and MoUs on building energy production\, energy a ccess infrastructure\, and midstream industrial capacity—not raw materia l export corridors.<\;/li>\;<\;li>\;Tax and Debt Justice as Enable rs- Strengthen tax cooperation\, tackle illicit flows\, and link sovereig n debt restructuring to climate and industrial transition goals.<\;/li&g t\;<\;li>\;Defending Industrial Policy Space-Embed climate carve-outs and ISDS phase-out to safeguard the right to build local clean industries. <\;/li>\;<\;li>\;Unlocking Technology Access and Co-Ownership-Cond ition public finance and MoUs on real technology sharing\, licensing fle xibility\, and joint ventures.<\;/li>\;<\;li>\;Building the Accoun tability Spectrum- Ensure public finance delivers: Accountability for imp acts (social\, environmental\, labor norms + ISDS phase out)\; Accountabil ity for benefits (energy access\, industrial value retention\, fiscal ga ins).<\;/li>\;<\;li>\;Shifting the Metrics of Climate Finance-Move beyond emissions counting to structural development metrics: energy acces s\, local clean tech production\, fiscal resilience\, technology transfer <\;/li>\;<\;/ul>\;<\;h4>\;Forum Agenda Description<\;/h4>\ ;<\;p>\;The panel will examine how international public finance—wit hout deep restructuring—risks entrenching a new wave of e<\;span data- huuid="\;4800424419439382374\n\nView meeting on unctad.org\nhttps://un ctad.org/meeting/ffd4-side-event-beyond-extraction-reshaping-global-financ e-and-raw-materials-trade-just DTSTAMP:20260716T095254Z END:VEVENT END:VCALENDAR