ISRE – Investment Security for Renewable Energies

Side Event
“Investment Security for Renewable Energies”

Jointly organised by

European Business Council for Sustainable Energy (e5)
UK, US and Australian Business Councils for Sustainable Energy
in co-operation with the European Climate Forum (ECF)

Date: 2 June 2004, 13:30 – 15:00
Venue: e5 café «renew your energy», Dahlmannstraße 5-7, Bonn


“Industry is ready to invest in renewable energy– it needs security to do so”. This is the core message of ISRE, the “Investment Security for Renewable Energies” initiative. ISRE represents future-oriented industry leaders who are committed to renewable energies as part of a sustainable business strategy. To boldly shape new markets, companies need predictable conditions – conditions that support investment decisions and produce a vital atmosphere for growth. Together with the sister organisations in the United Kingdom, the United States and Australia, and in co-operation with the European Climate Forum (ECF), e5 launched ISRE on the second day of the Renewables 2004 Conference in Bonn. ISRE is present at the Bonn conference to send a strong political signal to governments convening to foster renewable energies.

High-level speakers shared their thoughts on renewable energy sources and their implications for business, including Prof. Dr. Klaus Töpfer (UNEP Executive Director), Simone Probst (parliamentary state secretary of the German Federal Environment Ministry), Hans Christian Schmidt (Danish Environment Minister), Thomas Verheye (Environment Directorate-General of the EU Commission), Ignacio Campino (Deutsche Telekom), and Gerhard Berz (Munich Re). ISRE rallies the business community through a “coalition of the willing” and encourages policy-makers to adopt investment security measures as a crucial precondition for releasing the potential of renewable energies.

Major enterprises have joint ISRE: Powergen UK, RWE-Innogy, Scottish Power, United Utilities, National Grid Transco, Deutsche Telekom, Munich Re, Fair Trade Brno, ThyssenKrupp Hoesch Bausysteme and Lahmeyer International. ISRE was present at the Bonn conference to send a strong political signal to governments: to prepare the ground for increased entrepreneurial action and foster the investment in renewable energies.

Goals of ISRE at the Renewables 2004:

  • „ Send a strongly recognised political signal to political leaders
  • „ Provide business views for political decisions
  • „ Address delegations to sensitize them for the issue of long-term investment security



Welcome Address
Simone Probst – Federal Environment Ministry, Germany – Parliamentary State Secretary

Renewable energies – economic opportunity or economic suicide?
Prof. Dr. Klaus Töpfer – Executive Director United Nations Environment Programme

Renewables and Telecommunications
Dr. Ignacio Campino – Head of Corporate Responsibility and Citizenship,Deutsche Telekom

Lessons learnt from feed-in tariffs
Hans Christian Schmidt – Environment Minister, Denmark

Managing Climatic Risks – Why Munich Re Cares About Renewables
Dr. Gerhard Berz – Head of Geo Risks Research Department, Munich Re

Paving pathways – why politics needs business
Thomas Verheye – EU Commission, Environment Directorate-General

Discussion and Snacks


Heidrun Rothweiler, Public Relations Manager
e5, European Business Council for a Sustainable Energy Future
64295 Darmstadt, Schepp Allee 47
Fon: +49 6151 27905 22, Fax: +49 6151 27905 23