Programme

This panel will explore how different stakeholders (government, technology developers and society) might respond to the challenge of achieving global net-zero emissions and what the uncertainties are.

This side event at the Conference of Parties 28 aims to highlight the pivotal role of youth in Africa and Europe in advancing the Energy Transition and Climate Justice

Just Transition is the notion that a green transition must take into account intersectional socio-economic imperatives in order to bring forth a future that is both fair and sustainable for everyone. The ongoing climate, political, economic and social crises across the Middle East and North Africa have made such a process an absolute necessity.

The transition away from fossil fuels is an imperative to limit global warming close to 1.5°C. Given the pressing need to phase out fossil fuels, companies have a crucial role to rapidly phase out fossil fuels from their value chains, to put positive pressure on governments, and send a clear signal that we have entered “the beginning of the end” of the fossil era. This session, complementing the Fossil to Clean campaign and the Fossil Fuel Non-proliferation Treaty, will showcase examples of companies that have committed to map fossil fuels in their value chains and are taking concrete steps to eliminate these emissions. By sharing their experiences and best practices, these companies demonstrate that this transition is not only achievable but is also desirable from a competitive viewpoint. 

The United Nations Development Programme (UNDP) is excited to announce the official launch of "On Equal Terms: A checklist for decision makers & practitioners on a youth-inclusive NDC process."

Ships can burn as much as 6% of fuel waiting in port and are emitting CO2. Depending on the industry segment, some ships might spend half their lifetime in ports due to complex port operations and waiting, emitting unnecessary and hazardous carbon emissions into the atmosphere. 

UN’s latest Global Stocktake report shows that the world is simply not doing enough. Promises are not kept, commitments are watered down and there’s a general lack of urgency in the face of the climate crisis. 

Today 14% of the global CO2 emissions comes from transports. At the same time transports are necessary for our society to function. Driving the shift towards a sustainable transport system demands a transformation that is as radical as when we left the horse and carriage to start using the combustion engine. This seminar will discuss how different parts of the transport value chain can and must contribute to be successful in sustainable transports.

Financing the transformation of road freight will show how the sector is booming with opportunities and the world shifts to new transportation systems. With technology at the forefront, it is possible to tackle a 4 trillion dollar market and impact 8% of global CO2 emissions.

The Nordics are at the forefront when it comes to digitizing the construction and property sector. With simple and smart digital platforms, work and processes are structured to become more sustainable, productive, and compliant. 

Global supply chains are one of the best use cases for large-scale electrification today. Companies share their experiences with innovative and efficient transport solutions and their potential to transform a sector facing low margins.

The course of the car industry from today until 2030 will play a key role in staying within the 1.5-degree limit of global warming. But the path we’re on will not get us to where we need to go. To get back on track, we need a roadmap. This is why Polestar created the Pathway Report, together with Rivian and Kearney.

Representing 92% of global GDP, over 90 countries around the world have now announced net zero targets. There are no single or simple solutions to putting the world on a path which limits temperature rises to 1.5C above pre-industrialised levels, a crucial target to avoiding a climate catastrophe. However, a sustainable, secure and more equitable future energy system with netzero emissions will be essential and this future energy system must be based on continuous innovation, not only of technologies but also innovation of business models, financing, policy and regulatory approaches.
According to BloombergNEF New Energy Outlook 2023, the world needs to spend a total of $8.3 trillion on renewable energy deployment from 2023 - 2030 to align with a global net-zero trajectory by 2050. This unprecedented growth in renewables deployment requires innovative approaches to partnerships, business models and policies.We have most of the technologies needed to meet our short and medium term energy targets, but deployment of these technologies at speed and scale calls for new types of clean energy policies
and regulations based on coordinated and forward looking approaches. It also requires new business models based on broader societal, environmental, economic and energy system value, as
well as new innovative approaches to financing. All of this will be facilitated by the next generation of ambitious multi-stakeholder collaborations.
During this session, panelists will discuss how to evolve the focus on innovation beyond technology and towards business models, policies and regulations and financing, to accelerate the deployment of renewables and reduce emissions. They will also explore how to build new partnerships to accelerate these new types of innovations.

Meet Northvolt CEO Peter Carlsson as he presents the new technology and it’s possibilities for an intensified electrification and expansion of fossil-free energy on a global level. 

Tidal energy is predictable and has the potential to balance the global energy system, complementing the intermittency of wind and solar. Minesto’s ocean energy kites are demonstrated in the Faroe Islands, a nation with one of the most ambitious transition schemes in the world, aiming to become 100% renewable by 2030. The technology is also applicable along Norway’s coastline. A cooperation between Sweden, Faroe Islands, Denmark and Norway could realize a new industry of ocean energy,and be a lighthouse project for ocean economies around the world. Minesto invites for a dialogue on how such cooperation could be reality, proposing a 200 MW buildout roadmap of tidal energy kite parks underwater.  

The industry has to decarbonize if we are to reach the goals of the Paris agreement. Research, innovation and deployment of new technologies are necessary. Resilient and sustainable value-chains, a willingness to share risk and look for new business cases are key. The First Movers Coalition is one platform that match suppliers and customers. This seminar will explain how decarbonisation in value-chains is already happening today and how creating concrete demands and goals is a key for success.  

A seminar at the forefront of bioenergy with carbon capture and storage (BECCS). The EU and many private sector companies will rely on permanent carbon removals to meet their net-zero targets. Given the growing importance of these permanent removals, several key initiatives are moving forward within the EU, including the establishment of a framework for carbon credits and the development of a strategy for industrial carbon management. The seminar will shed light on the increasing demand for carbon removal credits, discuss how permanent removals can support the achievement of net-zero targets, increase your knowledge of BECCS and place the technology in a larger European context.  

To speed up industry transition and bridge the gaps to meet the Paris agreement’s goals, we need to set a clear, global framework to unlock the necessary deployment of clean energy technologies. Clean energy is the backbone of the transition to net-zero. New production capacity but also more transmission grids are necessary. What are the challenges and recommendations to get there?  

As the world grapples with the dire consequences of climate change, the imperative for transitioning to clean energy sources has become increasingly apparent. This presentation delves into the critical reasons why the adoption of clean energy is not just an option but an urgent necessity for the planet's sustainable future. Additionally, it will provide a global outlook and stocktake over the diverse conditions and challenges faced by different regions worldwide in the ongoing energy transition.  

The transition to clean energy hinges on clean energy technology supply chains and this is becoming increasingly relevant when it comes to longer gestation infrastructure development like power grids. As the energy transition accelerates globally and the share of electricity in the energy system increases from 20% to over 50% by 2050, we are looking at a four times increase in generation capacity and a three-fold increase in transfer capacity across our grids.  When it comes to power grids, there are increasing concerns if supply chains could cope with the massive needs to address capacity and complexity across the value chain, from critical minerals and components like semiconductors to key products like transformers, switchgear, high voltage cables and HVDC equipment. The IEA estimates that USD $1.2 trillion of cumulative investment would be required to bring enough manufacturing capacity online by 2030 for the world to stay on track to meet its climate and energy goals. Announced investments still only cover around 60% of the total investment needed. It is also increasingly evident that while approaches such as re-shoring and friend-shoring are being considered global supply chains would be essential for success if we are to address scale and speed.During this session, panelists will discuss current clean energy supply chain challenges, potential solutions and wider considerations such as national, regional and global industrial strategies as well as incentives and stimuli to spur investments and help accelerate the energy transition.