- The International Energy Agency, IEA, is trying to bridge the gap between energy demands and climate change goals with new surveys and studies.
- They think tackling climate change is impossible without addressing the energy sector’s demand.
- A grand climate change coalition is needed to address all the issues related to climate change and energy demands.
- The IEA held COP countries meeting to formulate the agenda which will involve successive meetings in July along with publications of surveys and studies.
- They want the 2020s to be the decade of declining emissions as 2019 was the year of peaking global emissions.
- Reversing the growth of the carbon emission in this decade is the immediate focus now.
The International Energy Agency, IEA, is trying to bridge the gap between our energy needs and climate change goals. In other words, we need an energy goal that aligns with the climate strategy as well as meet our energy demands. To discuss these issues, the IEA held a meeting of their COP host countries in their Paris headquarter on 11 February.
Here’s what came up in the meeting as briefed by a press release published on their website.
Key Speakers in the Meeting
Ministers and high-level representatives from COP host countries met at the International Energy Agency on Wednesday to review ways the energy sector can meet climate and other sustainability goals, says the press release.
The speakers included Kwasi Kwarteng, the Minister for Business, Energy and Clean Growth of the United Kingdom, which holds the Presidency of the upcoming COP26 this year; Michał 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.
Held at the IEA headquarters in Paris under the Agency’s “Big Ideas” speaker series, the conference was attended by Ambassadors and senior representatives from about 50 countries, industry executives, and representatives from financial and international organizations.
Importance of the Conference
The conference took place a day after the IEA announced that global carbon emissions had stopped growing last year, defying common expectations that they would increase in 2019. The news provided a positive backdrop for the discussions, which were chaired by Dr Fatih Birol, the IEA’s Executive Director.
Energy Security & Energy Transition Focus
As part of its mandate as the leading global energy organization, the IEA is focusing on both energy security and global clean energy transitions, helping governments steer the energy sector towards international climate targets in a secure, sustainable and affordable manner. In his opening remarks, Dr Birol pointed out that the energy sector accounts for most of the global carbon emissions, and has a key role to play in global energy transitions.
The Year of Peaking Global Emissions
“Without solving the challenge of the energy sector, we have no chance of solving our climate challenge,” Dr Birol said in his opening remarks. “We want 2019 to be remembered as the year of peaking global emissions and the 2020s as the decade of the decline in emissions. And the energy sector is ready to be part of the solution.”
Subsequent Meetings To Address the Issue
As part of its commitment to bridging the gap between the energy sector and the climate goals, the Agency announced it would hold the IEA Clean Energy Transitions Summit on 9 July in Paris. This ministerial-level event will bring together key government ministers, CEOs, investors and other major stakeholders from around the world with the aim of accelerating the pace of change through ambitious and real world solutions.
Immediate Focus Area
The immediate aim will be to focus on concrete actions to reverse the growth in carbon emissions this decade, focusing on all the fuels and existing technologies that can help achieve that goal rapidly.
Studies To Support the Issue
To support these objectives, the IEA will publish two major studies ahead of the summit. The first will be a World Energy Outlook Special Report that will map out how to cut 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, looking in detail into all technology opportunities that could help to reduce emissions in hard to abate sectors.
Annual Energy Efficiency Conference
The IEA Clean Energy Transitions Summit will be preceded by the fifth edition of the Agency’s annual energy efficiency ministerial conference, which will also take place in Paris on 8 July, and will be an opportunity to review the findings of the IEA’s Global Commission for Urgent Action on Energy Efficiency.
Climate Change Grand Coalition
“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 Dr 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”.
Surveys To Guide in Emission Reduction
According to a Safety4Sea report, the Agency is going to issue two surveys ahead of the summit. The first one will be the World Energy Outlook Special Report which will highlight how to energy-related cut carbon emissions by one-third until 2030. While the second one, will be the newest Energy Technology Perspectives report which will pay attention on an energy sector pathway for reaching net-zero emissions.
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Source: IEA
