Tag: cop26

EU climate foreign policy in 2023: Briefing

EU climate foreign policy in 2023: Briefing

February 1, 2023 | ,

The EU has a key role to play in driving the global climate transition. To do so, the EU needs a strong mandate for climate foreign policy that addresses the current polycrisis environment. The EU’s call for a global coal phase-out, coming out of the 2021 Foreign Affairs Council (FAC), paved the way for a global coal phase-down commitment at the climate conference COP26. However, this year’s climate diplomacy EU Foreign Affairs Council takes place in a different context.

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Value of Zero: Performance of SEA’s energy sector

Value of Zero: Performance of SEA’s energy sector

March 9, 2022 |

Southeast Asia (SEA) is a diverse region with many countries vulnerable to the impact of climate change. At the recent COP 26 conference at Glasgow, all 10 SEA countries upped their commitments to mitigate climate change. So far, six countries (Vietnam, Brunei, Lao PDR, Malaysia, Indonesia and Thailand) have announced net zero targets. However, in 2020, the coronavirus affected the regions’ energy sector, putting energy resilience to the test.

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<strong>Vietnam targets net zero, but struggles to break coal dependence</strong>

Vietnam targets net zero, but struggles to break coal dependence

February 2, 2022 |

At the COP26 climate conference last year, Vietnam’s Prime Minister Pham Minh Chính unexpectedly announced a target of reaching net zero by 2050. The country also signed the Global Coal to Clean Power Transition statement, in which it committed to rapidly scale up renewables and build no more new unabated coal power plants. This is a major and unexpected pivot for Vietnam. The country has invested heavily in coal power over the past decade and has the most installed coal capacity among Mekong countries, after China.

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Year in review: China’s climate goals withstand heat

Year in review: China’s climate goals withstand heat

January 5, 2022 |

President Xi Jinping’s carbon neutrality pledge at the United Nations in September 2020 set in motion a massive build-up of national policy, legislation and regulation on decarbonisation, with unprecedented speed. Barely two months later, Xi announced a set of more ambitious 2030 targets at the Climate Ambition Summit. And then, in March 2021, China’s top legislators approved the 14th Five Year Plan (FYP) with a whole host of climate and energy targets for 2025.

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Aligning EU’s External Action with Paris Agreement

Aligning EU’s External Action with Paris Agreement

December 9, 2021 | ,

The EU, with its economic power, excellent diplomatic standing, and pre-existing ties when it comes to development cooperation, is in a unique position to help close these COP26 gaps. But how can we use this potential? This study, commissioned by the Greens/EFA group in the European Parliament, aims at answering this question.

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What We’re Learning about Corporate Climate Ambition

What We’re Learning about Corporate Climate Ambition

December 5, 2021 |

Glasgow signaled unprecedented levels of climate action commitments from investors and businesses that can drive real economy transformation. Indeed, private sector actions could be the critical factor to keep 1.5°C alive in just the next few years. So, what have corporate actors committed to, and what do these commitments mean?

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Ascertaining the effect of COP26 on Asian equities

Ascertaining the effect of COP26 on Asian equities

November 20, 2021 |

Despite being responsible for over half of all global emissions, Asia has the chance to lead the global energy transition thanks to the position it occupies at the heart of global supply chains. As both domestic and global demand for new clean technology grows – everything from EVs to renewables and green hydrogen – so too can the region’s corporates by positioning themselves now to meet that demand in the future.

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What We Got Out of COP26—and What’s Still Needed

What We Got Out of COP26—and What’s Still Needed

November 14, 2021 |

We’ve reached the strongest global consensus yet that fossil fuels must be phased out. But as youth activists remind us, the seas are still rising. No single gathering, no final accord, is going to end the climate crisis. As international climate talks wind down in Glasgow, though, the world is moving forward on three vital fronts, even as each reveals anew how much further we must go.

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New Funding Announced for Climate Action in Cities

New Funding Announced for Climate Action in Cities

November 12, 2021 |

The UK today pledged £27.5m of new funding for the new Urban Climate Action Programme (UCAP) to support cities targeting net zero. The programme, funded through International Climate Finance, will support cities across Africa, Asia and Latin America to take climate action and create a sustainable future, by helping them implement innovative climate action plans to become carbon neutral by 2050 and prepare low-carbon infrastructure projects to reduce emissions. 

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Zero Emission Vehicle Pledges Made at COP26

Zero Emission Vehicle Pledges Made at COP26

November 11, 2021 |

As one of the Glasgow Breakthroughs at the World Leader Summit, 30 countries have agreed to work together to make zero emission vehicles the new normal by making them accessible, affordable, and sustainable in all regions by 2030 or sooner. A number of emerging markets are agreeing to accelerate the transition to ZEVs in their markets (including India, Rwanda, Kenya).

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Adani companies declare energy compact goals as part of COP26

Adani companies declare energy compact goals as part of COP26

November 11, 2021 |

As part of COP26, Indian industry giant Adani Group’s two companies – Adani Green Energy Limited (AGEL), the solar power development arm, and Adani Transmission Limited (ATL), the power transmission and retail distribution company, announced their Energy Compact Goals, with a focus on Sustainable Development Goal 7 (SDG 7). SDG 7 outlines a set of objectives to be met by 2030. The companies must ensure universal access to affordable, dependable, and contemporary energy services, as well as a significant increase in the global percentage of renewable energy.

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US$ 413 Million Pledged for Most Vulnerable Countries at COP26

US$ 413 Million Pledged for Most Vulnerable Countries at COP26

November 10, 2021 |

In a show of support for those most at risk from climate change, 12 donor governments have pledged $413 million in new funding for the Least Developed Countries Fund during the COP26 climate summit. The LDCF, hosted by the Global Environment Facility, is the only dedicated source of climate resilience funds for the 46 Least Developed Countries, which have contributed the least to carbon emissions and face some of the highest risks from the effects of climate change.

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UN issues global roadmap for clean energy transition by 2030

UN issues global roadmap for clean energy transition by 2030

November 9, 2021 |

The UN Secretary-General Antonio Guterres issued a global roadmap to achieve a radical transformation of energy access and transition by 2030, while also contributing to net zero emissions by 2050. By 2025, the roadmap sets an aggressive timeframe to ensure that 500 million more people have access to electricity and 1 billion more people have access to clean cooking alternatives in just four years.

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ASEAN Climate Action: A Review of Nationally Determined Contribution Submissions towards COP26

ASEAN Climate Action: A Review of Nationally Determined Contribution Submissions towards COP26

November 8, 2021 | ,

The Covid-19 pandemic adversely impacted the preparation of the NDCs and caused many countries, including some AMS, to submit their NDCs late. Despite this, the AMS have not lost sight of the need to take measures to minimise their carbon emissions. In light of the latest AMS submissions and the 26th Conference of the Parties (COP26), this brief reviews the information contained in the ten latest available NDCs of the AMS.

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End of Coal in Sight at COP26

End of Coal in Sight at COP26

November 8, 2021 |

At least 23 nations made new commitments to phase out coal power, including Indonesia, Vietnam, Poland, South Korea, Egypt, Spain, Nepal, Singapore, Chile and Ukraine.  In a new ‘Global Coal to Clean Power Transition Statement’, countries also committed to scaling up clean power and ensuring a just transition away from coal. This follows recent announcements from China, Japan and South Korea to end overseas coal financing which now means all significant public international financing for coal power has effectively ended.

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India Focus: Less Talk, More Action on Climate Change

India Focus: Less Talk, More Action on Climate Change

November 7, 2021 |

By definitely committing to 50% of India’s electricity generation from non-coal or gas sources by 2030 is nothing short of transformative. India is a leader in clean energy, especially solar and wind energy. India is on largely on track to meet its Paris Agreement targets, as discussed in recent analysis by NRDC and partners.

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World Leaders Kick Start Accelerated Climate Action at COP26

World Leaders Kick Start Accelerated Climate Action at COP26

November 3, 2021 |

World leaders are in the UK for day three of COP26 where a wide range of announcements focused on signalling a clear shift from ambition to immediate action. Countries have made unprecedented commitments to protect forests, reduce methane emissions and accelerate green technology.

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