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Current efforts on clean technology and sustainable solutions, while improving, are not yet creating the levels of investment and deployment needed to meet international climate goals. Countries must therefore supercharge international collaboration on clean technologies and markets for high emissions sectors power, transport, industry, building and agriculture, finds the latest Breakthrough Agenda Report The annual collaboration between the International Energy Agency (IEA), International Renewable Energy Agency (IRENA) and United Nations Climate Change High-Level Champions calls on governments to strengthen collaboration in key areas - standards and regulation, financial and technical assistance and market creation - to amplify the transition. The report looks at the advances that have been made and the actions needed to meet the goals of the Breakthrough Agenda. This is a commitment signed by 48 countries which represent almost 80% of the global economic output since it was first launched at COP26 in Glasgow in 2021. This Breakthrough Agenda is designed to strengthen international collaboration across the major greenhouse gas emitting sectors. The five original sectors will this year be expanded to cover building and cement sectors as well. This means the Agenda covers more than 60% of current global GHG emissions. Dr Mahmoud Mohieldin, UN Climate Change High-Level Champion for COP27 said the Breakthrough Agenda demonstrates that international action can lead to accelerated implementation of climate solutions. We now need to see more determined collective efforts to create demand for clean technologies, to mobilise investment, and to align international trade with the just transition. The acceleration in the global low carbon just transition must be connected with inclusive development pathways through ensuring linkages with and contribution to the 2030 Agenda for Sustainable Development, explained Mohieldin. |
