How will you be affected by climate change?

Dec 01, 2020

AmCham in cooperation with Swedbank Latvia had an opportunity to invite members to a topical discussion aimed at raising competence levels about climate change business impact among enterpreneurs on December 1st.

During the discussion representatives from the Ministry of Economy, Ministry for Environmental Protection and Regional Development, Swedbank, Nasdaq Riga and Balticovo explored major risks and opportunities arising from climate scenarios and how the new policy, technology and market changes will affect various businesses.

Revisit the event below:

To view the presentation of Liene Dubava

In December 2019, the European Commission presented the European Green Deal - a roadmap for making the EU's economy sustainable. The roadmap's main policy objective is to make Europe the first climate-neutral continent by 2050. Several national documents are passed to envisage a gradual transition to a low-carbon economy in Latvia.

The policy shift is an incentive for entrepreneurs to re-evaluate their assets and business strategies. Timely awareness of risks and new opportunities is important for business stability, maintaining profitability and adapting to the rules of the new game, including access to finance. Experts see significant risks for companies who fail to act. These include worsening reputation amongst key stakeholders such as investors and customers, physical and financial vulnerability to climate impacts, lack of access to capital/divestment, and reduced competitiveness against peers.  


Toms Auškāps, Head of Communication and Development, Balticovo




Liene Dubava, AmCham Vice President, Member of the Management Board, Nasdaq Riga and Head of Issuer Services, Nasdaq Baltic  



Lauris Mencis, Head of Corporate Banking, Swedbank Latvia




Alda Ozola, Deputy State Secretary of the Ministry for Environmental Protection and Regional Development 




Edijs Šaicāns, Director of Energy Market and Infrastructure Department at Ministry of Economy




Jānis Krops, Spokesperson, Swedbank Latvia 




Admission is complimentary for AmCham members, EUR 20 for non-members. The meeting link will be sent to you directly shortly before the meeting. Please sign up below.

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