Ministers from countries representing the vast majority of global GDP, energy use and greenhouse gas emissions will take part in the International Energy Agency’s Clean Energy Transitions Summit on Thursday 9 July, gathering around a virtual table to discuss measures to boost economies, create jobs, reduce global emissions and make energy systems more resilient.
Ministers in attendance will represent almost 80% of global energy consumption and carbon emissions, making the Summit the highest-profile energy and climate discussion since the start of the Covid-19 pandemic. They will include representatives of the world’s largest energy users: Minister Zhang Jianhua of China, Secretary Dan Brouillette of the United States, Minister R.K. Singh of India, Executive Vice-President Frans Timmermans of the European Commission, and Minister Kajiyama Hiroshi of Japan.
Among the high-level participants will be António Guterres, Secretary-General of the United Nations, and Alok Sharma, Secretary of State of the United Kingdom and President of the upcoming COP26, as well as Ministers representing the countries that held the past two COP meetings. They will be joined by the President of the Asian Development Bank, the President of the World Economic Forum (Davos), CEOs from across the energy sector, major investors, and representatives from civil society.
“The IEA Clean Energy Transitions Summit represents the key moment in 2020 to build momentum towards international energy and climate goals,” said Dr Fatih Birol, the IEA’s Executive Director. “Rather than letting the Covid-19 crisis undermine our clean energy transitions, we need to take advantage of the massive economic recovery plans to achieve a definitive peak in carbon emissions and put the world on path to sustainable recovery.”
In addition to two plenary sessions, the Summit will consist of high-level panels. These will focus on Accelerating Clean Energy Technology Innovation, co-chaired by Tina Bru, Minister of Petroleum and Energy of Norway, and Juan Carlos Jobet, Minister of Energy of Chile; An Inclusive and Equitable Recovery, co-chaired by Seamus O’Regan, Minister of Natural Resources of Canada, and Aziz Rabbah, Minister of Energy, Mines and Environment of Morocco; and A Resilient and Sustainable Electricity Sector, co-chaired by Kadri Simson, European Commissioner for Energy, and Sontirat Sontijirawong, Minister of Energy of Thailand.
The IEA first announced plans to convene the Clean Energy Transitions Summit during its Ministerial Meeting in December – before Covid-19 became a global health emergency. As the pandemic escalated, the IEA led the calls worldwide for governments to put clean energy at the heart of their economic recovery plans in order to avoid the kind of sharp rebound in emissions that followed the 2008-2009 crisis. The IEA quickly refocused its work to analyse the impact of the Covid-19 crisis on the energy world, conducting in-depth assessments across fuels, technologies and emissions trends – and developing policy advice for governments to help them respond.
In the lead-up to the Summit, the IEA brought together numerous Ministers and other international decision-makers from industry, the investment community and civil society to address immediate energy issues arising from the crisis. These Ministerial-level meetings included Economic Recovery through Investments in Clean Energy (April); Mobilizing Investments for Secure and Sustainable Power Systems (May); the Fifth Annual Global Energy Efficiency Conference (June); and the Africa Energy Ministerial on Covid-19 Impacts (June). Ministers from Denmark, the United Kingdom and Senegal, who co-chaired these three events with Dr Birol, will each share the main outcomes of these roundtables.
The high-level discussions at the Summit, which the public can watch live online, will draw on key IEA reports, most notably the Sustainable Recovery Plan and the Special Report on Clean Energy Innovation. Together, those two reports provide both near-term and longer-term strategies for improving economic development and meeting energy and climate goals.
You can watch the sessions on our livestreams here, and follow the conversation around the event on social media via the hashtag #IEASummit.
Policy Measures to Advance Jordan’s Transition to Renewables
A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan.
The “Renewables Readiness Assessment: The Hashemite Kingdom of Jordan” – developed in co-operation with Jordan’s Ministry of Energy and Mineral Resources, suggests opportunities exist to deepen private sector engagement in national efforts to reach a 31 per cent share of renewables in total power by 2030.
“The recommendations of this report comply with the newly issued Energy strategy 2020-2030 and its action plan,” said H.E. Engineer Hala Zawati, Minister of Energy and Mineral Resources in Jordan. “We are fully aware that to achieve all these ambitious targets, a strong partnership between the public and private sectors is needed. We are also eager to work with international friends and partners to make renewable energy a main pillar of the Jordan energy sector.”
The report presents policy action areas to increase energy security and boost supply diversity through the accelerated uptake of renewables and includes ideas to boost end-use electrification and increase the availability of energy transition investments from domestic institutions.
Jordan’s share of electricity from renewables grew from almost zero in 2014 to around 20 per cent in 2020 thanks to enabling frameworks and policies that have supported the deployment of renewable energy technologies, including solar photovoltaic (PV) and onshore wind.
“Jordan boasts significant renewable energy resource potential that if realised will reduce consumer energy costs, improve national energy security, create jobs and stimulate sustainable growth – boosting post COVID-19 economic recovery efforts,” said IRENA Director-General Francesco La Camera. “This report highlights a series of policy and regulatory measures that will allow Jordan to build on its energy transition progress to date and align it with 2030 national decarbonisation goals.”
Capacity building in local financing institutions and project developers can drive their engagement in the energy transition, the report says, while helping the country to meet its needs in important areas such as the build-out of electric charging infrastructure for the transport system.
Challenges associated with integrating higher shares of renewables in Jordan can be addressed by building and upgrading transmission and distribution infrastructure, deploying storage, promoting demand-side management and incentivising electrification of heating, cooling and transportation.
Renewables Readiness Assessment: Jordan lists concrete recommendations around the following seven action areas:
- Provide the conditions for renewables to grow in the power sector
- Foster continued growth of renewable power generation
- Plan for the integration of higher shares of renewable power
- Incentivise the use of renewables for heating and cooling
- Support renewable options for transport and mobility
- Catalyse renewable energy investment
- Strengthen local industries and create jobs in renewables
World Bank Supports Angolan’s Electrification with $250 Million
The World Bank approved $250 million to improve the operational performance of the electricity sector utilities and increase electricity access in selected cities of Angola.
The Electricity Sector Improvement and Access Project will finance electrification investments in the provinces of Luanda, Benguela, Huila, and Huambo, delivering 196,500 new electricity connections that will benefit close to one million people and 93,857 public lights.
The project will focus on electricity access expansion and improvement of revenue collection, electricity service improvement, capacity improvement of the public electricity producer (PRODEL, Empresa Pública de Produção de Electricidade), and strengthening sustainable management of generation plants. The project also aims to increase the commercial performance of the national electricity distribution company (Empresa Nacional de Distribuição de Electricidade, ENDE) as well as provide financing to the national transport network Rede Nacional de Transporte, RNT) for targeted interventions to improve and optimize the dispatch of electricity supply and the overall management of the national transmission network. Furthermore, the Project will also finance immediate measures to raise the operational, commercial and technical capacity of the three national power utilities, leading to significant electricity service improvement.
“Investment in infrastructure, especially in energy, is key to economic development ”, said Jean-Christophe Carret, World Bank Country Director to Angola “Quality access to electricity services will have a spillover effect in many other sectors, including agribusiness, health, education, just to name a few.”
Angola’s power generation capacity, largely based on hydropower, has developed at a fast pace with the national installed generation capacity quadrupling in just one decade, but transport, distribution and cost recovery remain very challenging. Less than 40 percent of Angolans have access to electricity, with inadequate electricity services impacting poverty, productivity and regional disparities. Therefore, the project aims to deliver the most critical actions needed to help expand electricity access, improve the operational and commercial performance of utilities, and ultimately boost their creditworthiness. This, in turn, will contribute to reducing extreme poverty, improving the resilience of communities to impacts arising from COVID-19, and increasing shared prosperity.
The total project cost is $417 million, financed with a $250 million loan from the World Bank and a credit of $167 million from Agence Française de Développement.
IEA and SICA to collaborate on clean energy transitions in Central America
The International Energy Agency (IEA) and the Central American Integration System (SICA) have signed a Memorandum of Understanding (MoU) to promote clean energy transitions in Central America. Under the MoU, the two organisations will expand their cooperation on energy data and statistics, energy efficiency and climate resilience of electricity systems. These have all been identified as key areas for energy transitions and climate change mitigation in the region under SICA’s Central American 2030 Sustainable Energy Strategy.
“The IEA is pleased to team up with SICA to expand our work in Central America, a dynamic region that is home to over 55 million people and has excellent clean energy potential with distinctive transition opportunities and challenges,” said IEA Deputy Executive Director David Turk.
Under its Clean Energy Transitions Programme, the IEA has been expanding its collaboration in Latin America. This is taking place both bilaterally with key partner countries – including the two largest economies, Brazil and Mexico – and on a regional level through cooperation with leading regional organisations, including the Latin American Energy Organisation (OLADE) and the Inter-American Development Bank. The signing of the IEA-SICA Memorandum of Understanding is a new milestone for the IEA’s engagement with the region.
“Today’s signing ceremony marks an important step for SICA’s work on clean energy transitions – an important priority for our member countries, which can now benefit from the IEA’s leading analysis and expertise,” said Vinicio Cerezo, SICA Secretary General.
The Central American Integration System (Sistema de Integración Centroamericana, or SICA) is an economic and political organisation composed of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panamá and the Dominican Republic, that works to foster closer ties and integration across Central America and the Dominican Republic to promote peace, liberty, democracy and development in the region.
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