EU joins forces with IEA to develop international motion for net-zero emissions

High worldwide power and local weather leaders from greater than 40 international locations took half within the Worldwide Vitality Company IEA-COP26 Internet Zero Summit on March 31 to determine the best way to work collectively to cut back international greenhouse fuel emissions and meet the objectives of the Paris Settlement.

European Fee Government Vice-President Frans Timmermans mentioned the EU is becoming a member of forces with the IEA to develop the worldwide motion for net-zero emissions. “Europe is set to succeed in local weather impartial EU by 2050 and we urge others to affix on this effort,” he wrote in a tweet.

The Internet Zero Summit, co-hosted by IEA Government Director Fatih Birol and COP26 President Alok Sharma, introduced collectively high-level representatives of power and local weather ministries from international locations together with Australia, Brazil, China, Colombia, the European Union, France, Germany, India, Indonesia, Italy, Japan, South Africa, the UK and lots of others.

“It’s time for the world to maneuver from a decade of local weather change deliberation to a decade of supply, Sharma mentioned, including that the UK strongly encourages international locations to endorse the IEA’s seven ideas for attaining web zero. “Right this moment’s Summit clearly confirmed willingness from governments, civil society and companies to work collectively in every emitting sector to make this occur and preserve the 1.5-degree goal inside attain,” he mentioned. “This shouldn’t be considered as a shouldering of a burden, however extra a sharing of a chance. By working collectively, we will speed up progress, create jobs and prosperity, and defend our planet for future generations,” he added.

Birol mentioned the Internet Zero Summit made clear that the overwhelming majority of the world agrees on the gravity of the local weather disaster and the urgency of fast actions to place international emissions on monitor in direction of web zero. “However it additionally underscored the necessity for higher worldwide collaboration to drive the fast international deployment of fresh applied sciences throughout all the important thing sectors of the economic system,” he mentioned. “No nation can do that alone. If we wish the transition to wash power to occur rapidly, the world’s main economies must work far more successfully and carefully collectively. The Summit’s Key Ideas present what must occur, and I supply the IEA’s full assist for the UK COP26 Presidency’s efforts to strengthen the worldwide cooperation mechanisms that may speed up our transition to web zero,” Birol added.

The Summit is a crucial milestone on the street to COP26 in Glasgow in November. It introduced collectively representatives of nations overlaying greater than 80% of world GDP, inhabitants and emissions. Key members included China’s Vitality Minister Zhang Jianhua, India’s Minister of Energy, New and Renewable Vitality Raj Kumar Singh and US Presidential Particular Envoy for Local weather John Kerry.

Kerry referred to as for a lot stronger and concrete coverage motion within the subsequent 5 years the world over and promised that the US will do its half.

Many IEA member governments supported the Seven Key Ideas introduced by the IEA on the Summit to information the implementation of web zero commitments. The ideas cowl important areas similar to the necessity for sustainable recoveries from the COVID-19 disaster, the crucial significance of implementable emissions discount roadmaps for the present decade, and the event of stronger mechanisms for worldwide coordination to speed up innovation and deployment in every main emitting sector of the worldwide economic system. The ideas additionally tackle points similar to expertise collaboration, best-practice sharing, funding monitoring, making certain people-centred transitions, and integrating power safety and affordability into web zero plans.

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