Green Growth Summit 2026: Andreas Bjelland Eriksen, Minister of Climate and Environment, Norway

Andreas Bjelland Eriksen, Norway's Minister of Climate and Environment, emphasizes the critical need for collaboration between businesses and policymakers to establish a predictable regulatory framework. He argues that stability is essential for companies to make confident investment decisions, citing the European Union Emissions Trading System as an example where clear trajectories for quota reductions provide necessary certainty. Furthermore, he stresses that policy tools must actively support the development of new technologies required to significantly cut emissions, ensuring that the transition remains on track despite global uncertainties. To achieve energy security in Europe, the Minister highlights the importance of leveraging existing European strengths while acknowledging resource limitations, specifically noting that oil and gas are scarce within the continent. He points out that Norway stands as the only net exporter of these resources in Western Europe, making it a unique position to support the region. Consequently, he advocates for accelerating the deployment of renewable energy not only as a pathway to ensure long-term energy independence but also as a method to maintain momentum in the climate transition without relying on fossil fuel exports. The value of initiatives like Green Growth Partnerships lies in their ability to bridge the communication gap between governments and the private sector, allowing both parties to align on specific barriers and efficient deployment strategies. While the overarching goal of reducing emissions is shared, the Minister notes that differing perspectives often hinder the creation of jobs, economic value, and opportunities across Europe. By utilizing these forums to lower such barriers, stakeholders can work more effectively together to turn climate policy into a driver for economic growth rather than just a regulatory burden. Finally, the Minister warns against losing sight of long-term existential risks due to immediate security challenges and global instability. He asserts that while increased investment in defense systems is necessary given current geopolitical tensions, this should not come at the expense of climate action. Issues such as climate change, extreme weather events, and the loss of biological nature are projected to grow rather than diminish, representing persistent risks that must be managed proactively. Therefore, maintaining a strong focus on climate policy remains vital even as Europe navigates short-term security threats.