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To combat climate change and nature loss, multilateralism is key: Nordic countries

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The 2020 consultations between the five Nordic countries – Denmark, Finland, Iceland, Norway and Sweden – and the United Nations Environment Programme (UNEP) generated substantial and frank discussions on issues like climate change, nature and sustainable development, say participants.

“We’ve had excellent discussions with our Nordic partners on the importance of multilateralism in an increasingly complex world, and the global role of UNEP in tackling unsustainable consumption and production to address the three planetary crises of climate change, biodiversity loss and pollution,” said Inger Andersen, Executive Director of UNEP.

During the late-October talks, participants also discussed the opportunities presented by UN Development System reforms for strengthening the environmental dimension of sustainable development and UNEP’s role in it, including in supporting its Member States to achieve their environmental commitments. The sustainability of food systems was also on the agenda, as was the relationship between UNEP and various multilateral environmental agreements. Looking ahead towards 2022, the discussion included how to make the best use of the Stockholm+50 Conference, the commemoration of the 50th anniversary of UNEP, also known as UNEP@50, and the upcoming fifth UN Environment Assembly.

In the Nordic countries, the environment and climate are prioritized at the highest political level. Last year, the prime ministers of the Nordic countries committed to working towards carbon neutrality with the Declaration on Nordic Carbon Neutrality. The Nordic Council of Ministers also signed up to a new vision to become the world’s most sustainable and integrated region by 2030, working together to promote a green, competitive and socially sustainable Nordic region. When it comes to the health of our oceans, the Nordic countries have been strong supporters of ensuring a solid global response to marine litter and microplastics under the auspices of UNEP.

The Nordic countries share UNEP’s concern on the critical state of the environment, especially as it relates to biodiversity loss, climate change and pollution, including waste and the unsafe handling of chemicals. While these are all important challenges in themselves, they are also interrelated, posing a serious threat to the achievement of the Sustainable Development Goals (SDGs), including the elimination of poverty and inequalities.

They agreed that UNEP and multilateral environmental agreements play a key role in this context and they supported the approach taken by UNEP in its proposed Medium-Term Strategy (2022-2025). That strategy is underpinned by the foundational work UNEP is doing in providing solid science for evidence-based policy-making, and in supporting the development and uptake of environmental governance.  

Henrik Studsgaard, the Danish Permanent Secretary from the Ministry of Environment and Food, said, “UNEP and the Nordic countries are close and longstanding partners, and together we can give a push on action on a number of important environment-related issues that will be on the international agenda for the coming years.”

The discussions emphasized the linkages between Sustainable Development Goal 12 (SDG 12), which covers sustainable consumption and production, and environmental challenges. As worldwide consumption and production — driving forces of the global economy — currently rest on increasing the use of the natural environment and resources, they continue to have a destructive impact on the planet. Should the global population reach 9.6 billion by 2050, without a transformation of the global economy, the equivalent of almost three planets could be required to provide the natural resources needed to sustain current lifestyles. A thorough shared focus on approaches to reduce material footprint and enhance circularity in the economy was welcomed.

“Our consultations here today take place in a time when COVID-19 is still very present in our societies,” said Studsgaard. “One thing we have experienced is that we are able to adjust our societies very quickly when we need to. We must use this experience as an opportunity to rethink the way we do things and build back better and greener.”

The Nordic countries and UNEP share the view that the pandemic offers countries an opportunity to decide on recovery plans that will reverse current trends and change our consumption and production patterns towards a more sustainable future where green investments and climate-smart solutions are at the centre.

Eva Svedling, the Swedish State Secretary to the Deputy Prime Minister and Minister of Environment and Climate, underlined that. “As Nordic countries, we are supportive of UNEP’s role as custodian of the SDG 12 on sustainable consumption and production and welcome that this issue is integrated into the coming Medium-Term Strategy for UNEP. We see close connections to the conference in Stockholm in 2022.”

The Stockholm+50 Conference is planned to mark a milestone: it has been 50 years since the first United Nations Conference on the Human Environment, which took place in Stockholm in 1972. It was the first world conference to make the environment a major issue, and it also initiated the establishment of UNEP later that year.

Sweden has offered to host the conference and the other Nordic countries see it as an opportunity to increase the focus on the environment, accelerate action and strengthen efforts for the UN Decade of Action to deliver on the SDGs.  The connection to the UN75 declaration, which underlines the interconnected nature of our challenges – and the importance of multilateralism in building back better and greener, is also important. The conference would seek to have a strong focus on sustainable consumption and production. The Nordic countries said they continue to count on UNEP’s active support on the path towards Stockholm+50 and beyond.

The Nordic countries welcomed the efforts undertaken by UNEP to play an active role in UN Development System reform and supported the Executive Director’s approach to mainstream and integrate environmental awareness across other UN agencies. They encouraged UNEP to continue to draw on the established presence of other UN agencies on the ground, including the United Nations Development Programme, and work in close collaboration with UN resident coordinators. UNEP@50 is seen as a good opportunity to further strengthen these efforts, according to the Nordic states. Andersen welcomed the support from the Nordic countries for UNEP, including in its role to “be the green thread that weaves through the UN system.

“I would like to thank the Nordic countries for their stalwart leadership on the environment, and for their firm commitments to UNEP – both in good times and in more challenging times. Your support has been very valuable to us through these nearly 50 years of our existence.”

The next step for moving the global environmental agenda is the fifth UN Environment Assembly (UNEA), which is likely to be held in two parts in 2021 and 2022 under the presidency of Norway. The first part will be virtual while the second part is planned as a full and substantial UNEA.

Juhani Damski, Permanent Secretary from the Ministry of Environment of Finland, highlighted the central role of UNEP and UNEA in coordinating the global environmental agenda. “During these difficult times of the COVID-19 pandemic, Finland has appreciated how UNEP has been able to keep up their active work and demonstrate the importance of the environment and biodiversity as key solution providers for a healthy and sustainable future,” said Damski.

Echoing his Finnish colleague, the Norwegian State Secretary for International Development, Aksel Jakobsen, underlined the important role of UNEP in tackling threats to the planet. “We need urgent and meaningful change. International cooperation is a prerequisite to solving complex transboundary and interconnected environmental challenges,” said Jakobsen. 

Studsgaard also stressed the role of UNEP in relation to the UN 2021 Food Systems Summit. “Food systems are key to societies, including to fight hunger, but as they function today, they have many negative side effects on the environment. UNEP has a key role in raising awareness of the need for sustainable food systems – systems that are resource-efficient and which minimize negative effects on the environment,” said Studsgaard.

Andersen, the Executive Director of UNEP, has been appointed by the UN Secretary-General as the chair of a system-wide UN task force, which will ensure that the entire UN system can deliver on this agenda beyond the summit. UNEP further pointed out that under-consumption and over-consumption of food demonstrate the interconnected nature of different challenges.  

In addition to being champions for action on climate, nature and pollution themselves, and providing political support to UNEP, the Nordic countries are also important financial supporters of UNEP. They all believe in providing unrestricted funding to the Environment Fund, UNEP’s core source of flexible funds that supports the bedrock of its work worldwide, rather than specifying to which projects funding should go. While only constituting five countries (or 2.6 per cent) out of UNEP’s 193 Member States, the Nordic countries together provided over 18 per cent of the funding to the Environment Fund from 2015 to 2020, amounting to US$ 77.5 million. In addition, they contributed over US$ 205 million in earmarked funding for thematic areas during the same period.

UN Environment

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Oil and Gas Industry commits to new framework to monitor, report and reduce methane emissions

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In a move that will help tackle one of the biggest and most solvable contributors to the climate crisis, major players in the oil and gas industry agreed today to report methane emissions with a new, much higher level of transparency.

“To win the Race to Net Zero Emissions, we need everyone on board. We need ambitious action from the Oil & Gas Industry. UNEP is committed to supporting efforts that reduce methane emissions, and we recognize the leadership of companies that have joined such an ambitious methane reporting framework,” said Inger Andersen, Executive Director of UNEP. “We look forward to seeing actions that turn commitments into actual emissions reduction”.

Methane released directly into the atmosphere is a highly potent greenhouse gas, with more than 80 times the warming power of carbon dioxide over a 20-year period. Actions to cut methane emissions can yield a near-term reduction in the rate of warming, complementing efforts to decarbonize the world’s energy and transport systems while also delivering air quality benefits.

Kadri Simson, EU Energy Commissioner, said “I am very happy to see the energy industry taking immediate action on methane emissions. A clear commitment to measure and monitor emissions is an important first step for significantly reducing them and I am proud of what we have achieved together. Today’s signature is the first deliverable under the Commission’s recent methane strategy.There are many more steps to take to cut emissions along the entire value chain and I hope to work closely with all – European and international – partners to reach this goal.”

The Oil and Gas Methane Partnership (OGMP) is a Climate and Clean Air Coalition (CCAC) initiative led by the UN Environment Programme (UNEP), the European Commission (EC), and the Environmental Defense Fund (EDF). Already 62 companies with assets on five continents representing 30 per cent of the world’s oil and gas production have joined the partnership. The new OGMP2.0 framework is the new gold standard reporting framework that will improve the reporting accuracy and transparency of anthropogenic methane emissions in the oil and gas sector.

“Thanks to the 62 companies for committing to measure, report and reduce pollution from their core operations and joint ventures. This will be the basis for robust standards in Europe, and beyond, that ensure the oil industry takes the practical actions urgently needed for our climate,” said Fred Krupp, President of the Environmental Defense Fund.

Oil and Gas Methane Partnership 2.0

At the core of the effort is a comprehensive measurement-based methane-reporting framework that will make it easier for officials, investors and the public to accurately track and compare performance across companies in ways that have not been possible to this point.

“Reducing methane emissions is a crucial effort in the industry’s decarbonization pathway. As a factor on which we can have an immediate and concrete positive impact, OGMP 2.0 offers an internationally recognized blueprint to companies across our industry willing to make improvements in their emission reductions in all phases of the value chain. We look forward to continue working with all partners involved, as only through collaboration with international organizations, civil society and governments we can deliver on our common goals,” said Claudio Descalzi, Chief Executive Officer of ENI.

As stipulated in the EU methane strategy, the European Commission is planning to elaborate a legislative proposal on compulsory measurement, reporting, and verification for all energy-related methane emissions, building on the OGMP 2.0 framework

Crucially, the OGMP 2.0 includes not only a company’s own operations, but also the many joint ventures responsible for a substantial share of their production.  The OGMP 2.0 framework applies to the full oil and gas value chain, not only upstream production, but also midstream transportation and downstream processing and refining – areas with substantial emissions potential that are often left out of reporting today.

The goal is to enable the oil and gas industry to realize deep reductions in methane emissions over the next decade in a way that is transparent to civil society and governments.

“Reducing methane emissions is critical for natural gas to play a role in the energy transition and this new partnership will foster the sharing of industry best practices, particularly on non-operated assets, and improve monitoring” said Patrick Pouyanné, Chairman & CEO of Total. “This is a new step in the fight against methane emissions and our industry is deeply committed to the success of this initiative.”

In order to support the realization of global climate targets, OGMP 2.0 aims to deliver a 45 per cent reduction in the industry’s methane emissions by 2025, and a 60-75 per cent reduction by 2030.

Cost-effective solutions

According to the International Energy Agency (IEA), roughly three-quarters of methane emissions could be reduced with the technology that exists today, and close to half at zero net cost. Reducing methane emissions from the energy sector by 90% would shave two tenths of a degree Celsius from the forecasted rise in the planet’s average temperature by 2050.

Reducing fossil methane emissions by 75 per cent can prevent up to 6 gigatonnes of carbon dioxide equivalent emissions annually – almost ten per cent of the planet’s 2019 greenhouse gas emissions, including land-use change.

New observatory in the works

UNEP and the European Commission are also finalizing plans to set up an independent International Methane Emissions Observatory (IMEO). IMEO will aggregate and analyse multiple methane emissions data streams, including data reported by OGMP member companies, to accelerate reductions in methane emissions globally. By assisting industry and governments globally in addressing uncertainty related to reported emissions, the Observatory will improve the consistency and credibility of methane emissions data and accelerate mitigation actions.

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ADB, Indorama Ventures Sign $100 Million Blue Loan to Boost Recycling

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The Asian Development Bank (ADB) and Indorama Ventures Public Company Limited (IVL) signed a $100 million financing package to reduce the environmental impact of plastic and promote a circular economy by boosting the capacity of IVL’s plastic recycling plants in India, Indonesia, the Philippines, and Thailand.

The plants will recycle polyethylene terephthalate (PET) plastics widely used in beverage bottles. The finance package comprises $50 million from ADB and $50 million from the ADB-administered Leading Asia’s Private Infrastructure Fund (LEAP). A $150 million loan will be provided by the International Finance Corporation (IFC), and $50 million from DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH.

“The recycling of plastics like PET is a must for healthier oceans, and this initiative will help to achieve that objective by partnering with IVL, which is the global leader of PET production and recycling. We are also excited to work closely with IFC and DEG in this important journey,” said Vice-President for Private Sector Operations and Public–Private Partnerships Ashok Lavasa. “There is a rising global demand for recycled plastic packaging. ADB’s support will help IVL to meet this demand by collecting and treating plastic waste that would otherwise have been released into the oceans.”

“We are honored to agree to this Blue Loan with ADB,” said Chief Sustainability Officer Indorama Ventures Yashovardhan Lohia. “IVL is building the recycling infrastructure needed to divert waste from the marine environment. By using post-consumer PET bottles as a feedstock for new bottles, we give value to waste. This drives improvements in waste collection systems, meaning less waste and cleaner oceans.”

Mismanagement of all plastic waste damages the marine ecosystem. It is estimated that Asia accounts for more than 80% of all plastics released into the ocean. Globally around half of PET is recycled. In a circular economy, products and materials are redesigned, recovered, and recycled to divert plastic waste from landfills and oceans. The plants to be built under the project are expected to be fully operational by 2022, and will ensure that nearly 5 billion additional bottles are diverted from waste annually.

ADB’s loan is its first independently verified nonsovereign blue loan, following Blue Natural Capital Financing Facility’s Blue Bond Guidelines, with an assurance report from DNV GL. It is aligned with ADB’s Action Plan for Healthy Oceans and Sustainable Blue Economies, which calls for ADB to expand its investments and technical assistance to $5 billion during 2019–2024.

IVL is a Thailand-listed, global business committed to develop technologies and processes that use post-consumer PET and polyester waste materials as feedstock for the future. As the largest producer of 100% recyclable PET in the world, IVL supports all aspects of the circular economy to reduce the amount of waste entering the environment. IVL is listed on the Dow Jones Sustainability Index and operates 125 manufacturing facilities in 33 countries, across 5 continents.

LEAP is a cofinancing vehicle established by ADB and the Japan International Cooperation Agency to support private sector investments in energy and power generation, as well as water, urban infrastructure, transport, information and communications technology, and health.

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Carbon dioxide levels hit new record; COVID impact ‘a tiny blip’

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Levels of carbon dioxide (CO2) in the atmosphere hit a new record of 410.5 parts per million in 2019, and are expected to keep rising this year, the World Meteorological Organization (WMO) said in its annual Greenhouse Gas Bulletin on Monday.  

“We breached the global threshold of 400 parts per million in 2015. And just four years later, we crossed 410 ppm. Such a rate of increase has never been seen in the history of our records. The lockdown-related fall in emissions is just a tiny blip on the long-term graph. We need a sustained flattening of the curve”, WMO Secretary-General Petteri Taalas said in a statement.  

Reduced activity associated with COVID-19 lockdowns is expected to cut carbon emissions by 4-7 per cent this year, Professor Taalas said.    

Oksana Tarasova, WMO Chief of Atmospheric and Environment Research Division, told a news conference in Geneva that although it looked like the pandemic had brought the world to a standstill, carbon emissions had continued almost unabated because lockdowns only reduced mobility, not overall energy consumption.   

Steadily rising 

She compared to the carbon levels in the atmosphere to a bathtub that was filling up more and more every year, and even a single drop of carbon would cause the level to rise. The COVID-related lockdowns were equivalent to just slightly reducing the flow from the tap, she said.   

“The CO2 which we have now in the atmosphere is accumulated since 1750, so it’s every single bit which we put in the atmosphere since that time that actually forms the current concentration. It’s not what happened today or yesterday, it’s the whole history of the human economic and human development, which actually leads us to this global level of 410”, Dr. Tarasova said.  

CO2 levels rose by 2.6 ppm in 2019, faster than the average rate for the last ten years, which was 2.37 ppm, and are now 48 per cent higher than the pre-industrial level.   

Professor Taalas said that in order to meet the goals of the 2015 Paris Agreement, in which governments pledged to try to stop temperatures rising by more than 1.5 degrees Celsius above pre-industrial levels, the world needed to switch from coal, oil and gas-fired energy towards solar, wind, hydropower and nuclear power, as well as adopting less-polluting modes of transport, including electric vehicles, biofuels, hydrogen and bicycles.  

Carbon commitments 

He said it was good news that a growing number of countries had committed to reaching carbon neutrality by 2050, which was required to meet the 1.5 degree target.   

“So far we have 50 per cent of the global emissions which are coming from China, European Union and Japan and South Korea, and also 50 per cent of the global GDP behind this”, he declared.  

“And if the US with the Biden administration will have the same target that would mean we would have the majority of our emissions and also the majority of the global economy behind such a target. And we should bend this emissions growth curve in the coming five years, and then we should start seeing drops of the emissions of the order of six per cent per year until 2050 to reach that target.”  

Election pledge  

He said US President-elect Joe Biden had indicated during his election campaign that he would initiate a big financial stimulus for carbon-friendly technologies.   

“We are talking about a couple of trillion. And then he has indicated that he would like to have the same aim as many others, to become carbon neutral by 2050, and of course that would be good news globally, and it might have the domino effect that it might motivate also some other countries to join this kind of movement.” 

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