On Wednesday a meeting took place between ministers and high-level representatives from COP at the International Energy Agency (IEA). The agenda discussed solutions for energy sector to meet climate and other sustainable goals.
Reports suggest the conference was attended by dozens of ambassadors and other senior representatives from across 50 countries, and industry executives from financial and other international organizations.
The event was held at IEA headquarters in Paris under the Agency’s “Big Ideas” speaker series. The list of imminent speakers included Kwasi Kwarteng, the Minister for Business, Energy and Clean Growth of Britain, which holds the Presidency of the upcoming COP26 this year; Michal, Kurtyka, Poland’s Minister of Climate and President of COP24; and Joan Groizard Payeras, Director-General of the Energy Agency at the Ministry for the Ecological Transition of Spain, which hosted the COP25.
Chaired by IEA Executive Director Fatih Birol, he highlighted maximum global carbon emissions by the energy sector and its key role in global energy transitions.
“Without solving the challenge of the energy sector, we have no chance of solving our climate challenge,” Birol said in his opening remarks.
“We want 2019 to be remembered as the year of peak in global emissions and the 2020’s as the decade of the decline in emissions. And the energy sector is ready to be part of the solution.”
In order to bridge the gap between the energy sector and the climate goals, the IEA announced it would hold its Clean Energy Transitions Summit on July 9 in Paris.
Furthermore, the IEA will sponsor two major studies ahead of the summit; World Energy Outlook Special Report will work out on how to curb global energy-related carbon emissions by one-third by 2030.
The second will be the newest Energy Technology Perspectives report, which will focus on an energy sector pathway for reaching net-zero emissions.
“The debate around climate change is sometimes too heated and there is too much tension between the energy community and the climate change community,” said Birol.
“We think this debate needs to be taken in a cool-headed manner. This calls for a grand coalition that brings together all the stakeholders that have a genuine commitment to reducing emissions – governments, industry, financial institutions, international organizations and civil society. Without this grand coalition, it will be very difficult to address this challenge.”