In the great company of leading experts and members of the International Institute for Climate Action (IICA) community, in a relaxed and encouraging atmosphere, the VIII. Impact & Connect After-Work Event on the topic: Climate change economics and carbon trading.
They discussed one of the key issues of today – the economics of climate change and the market mechanisms that shape the path towards climate neutrality.

The speakers of this event drew attention to important segments related to the current topic, with Ms. Marija Pujo Tadić, President of IICA and Special Advisor/Envoy of the Government of the Republic of Croatia for Climate Action, emphasizing the importance of linking financial instruments with ambitious climate goals in order to accelerate the green transition. In the role of our second speaker, Dr. sc. Mr. Vladimir Jelavić (Ekonerg d.o.o.), as an expert in climate change and energy policies he gave a comprehensive overview of the historical development of international climate negotiations and addressed the challenges and problems in the implementation of climate agreements. Special emphasis was placed on CO2 certification and the possibilities of its storage, but also on the role of market mechanisms in achieving climate neutrality. He also spoke about the importance of environmentally sustainable financing and the implementation of ESG policies, emphasizing how economic instruments can accelerate the green transition and create new investment opportunities.

In addition, important information was shared by the 3rd speaker of the IICA event, Mr. Jakov Kolega (Greengreen Advisory d.o.o.), founder and director, who presented tools for understanding and managing CO2 emissions. He explained how sustainability reports and accurate carbon footprint calculations are becoming a key tool for companies, as they reveal where in the value chain the largest emissions occur. He particularly highlighted the ETS emissions trading system, which, by introducing a carbon price, creates clear financial incentives for companies to invest in innovation and more efficient processes.

We would like to thank our speakers and participants for another productive IICA Impact & Connect Afterwork event, concluding the event by saying that the economics of climate change is not just an analysis of costs, but also identifying opportunities for sustainable investments, innovations, and long-term competitiveness. Market mechanisms such as the ETS are key to strategic decisions in the private and public sectors. Cooperation between science, entrepreneurship, and regulators is the only path towards a resilient and climate-neutral society.

Caring for planet Earth is not a choice, but an obligation!