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Governments representing half of global emissions and more than half of global GDP have provided a sweeping update on commitments to bring low-carbon technologies to price parity with their predecessors by 2030, as part of efforts to decarbonise hard-to-abate sectors.
The Breakthrough Agenda was first launched at COP26 and has now provided more information about how it aims to deliver its overarching aim of ensuring that low and zero-carbon technologies are affordable by the end of the decade. The update is being provided ahead of the decarbonisation-themed day on the COP27 Presidency agenda this Friday (11 November).
Participants in the Road Transport Breakthrough have agreed that they will bring forward policies to end the sale of petrol and diesel cars and other light vehicles to a common timeframe. Dates of 2040, if they are a developing economy, or 2035, if they are a developed economy, are being discussed. It has been confirmed that “significant backing” will be announced by businesses and cities as COP27 continues.
MARS: UN unveils plans to track methane emissions from space
The UN is set to launch a new satellite system to detect methane ‘hotspots’, allowing governments and businesses to respond to instances in which large quantities of this potent greenhouse gas are released.
Announced as part of the decarbonisation-themed day in the COP27 Presidency agenda, the Methane Alert and Response System (MARS) will be operated as part of the UN Environment Programmes International Methane Emissions Observatory. It has secured funding from the European Commission, US Government and the Bezos Earth Fund.
Data collected by MARS will be publicly available, in what is believed to be a world first. Additionally, major emissions events will be relayed to those with the power to step in with remediation, including national governments, states and corporates. These organisations will be able to ask the MARS team to provide advice.
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Clean energy sectors unite to form Global Renewables Alliance at CO27
Industry bodies and associations representing key low-carbon technologies such as hydrogen, energy storage, wind and solar have combined to launch a new global alliance to help accelerate the uptake of renewables globally.
The Global Renewables Alliance has been launched at COP27 and combines industry bodies and organisations for wind, solar, hydropower, green hydrogen, energy storage and geothermal sectors.
The organisations represent the technologies that can help accelerate the energy transition, lessen a reliance on Russian gas and help reach the 1.5C limit of the Paris Agreement.
The Alliance will act as a unified voice that represents renewables industries and technologies