Science Based Targets initiative approves Danfoss’ climate targets
NORDBORG, Denmark, 23 June 2022: Danfoss said its science-based target has been approved by the Science Based Targets initiative (SBTi). Elaborating, Danfoss said the Science Based Targets initiative (SBTi) has validated that the corporate greenhouse gas (GHG) emissions reduction targets submitted by Danfoss A/S are in conformance with the SBTi Criteria and Recommendations (version 4.2).
According to Danfoss, the science-based target provides a clearly defined pathway for companies to reduce GHG emissions in line with the goals of the Paris Agreement and to help prevent the worst impacts of climate change.
The SBTi’s Target Validation Team has determined that Danfoss’ scope 1 and 2 target ambition is in line with limiting warming to 1.5 degrees C. As part of the science-based target, Danfoss said, it will reduce absolute scope 1 and 2 GHG emissions by at least 46.2% by 2030 from a 2019 base year. In addition, Danfoss has committed to being carbon neutral in scope 1 and 2 emissions by 2030. Danfoss said it will reduce absolute scope 3 GHG emissions by 15% in the same time frame.
Kim Fausing, President & CEO, said: “We have built a strong foundation to achieve our science-based target, an important pillar of Danfoss’ new 2030 ESG ambition. Our science-based target expands our GHG emissions reduction goals beyond our own business, across the entire value chain. It reflects our continued dedication to taking action on climate change and becoming the preferred decarbonization partner to our suppliers and customers.”
Danfoss announced in March 2022 that it had reached its 2030 target of doubling the energy productivity in its factories globally – nine years ahead of time. Energy productivity improved by 104% in 2021 from the baseline year 2007, and energy intensity was halved between 2007 and 2021, Danfoss said, adding that it produced twice the output in 2021 as in 2007, with the same energy consumption. Subsequently, Danfoss had said it would put sustainability at the centre of its Core & Clear 2025 strategy and has the ambition to take leading positions in decarbonisation, circularity, diversity and inclusion.
Martin Rossen, SVP, Head of Group Communication & Sustainability, Danfoss, credited by the company as responsible for developing Danfoss’ ESG strategy and setting the ambition for reducing emissions across the business, said: “The validation of our science-based target confirms that Danfoss’ climate ambitions are in line with science and the goals of the Paris Agreement. But it’s more than order in our own house. Customers, employees, and the public increasingly demand transparency and reward action on ESG. For good reasons. Companies can’t simply get away with saying that they act, they need to document it. The science-based target provides a level playing field. It gives a competitive edge to the companies that truly care and take action. United Nations Secretary-General Kofi Annan once said, ‘Who cares wins’, and we believe that companies that care will win.”
Danfoss said it is on track to making its 250,000 m2 headquarters in Nordborg, near the city of Sønderborg, carbon neutral in scope 1 and 2 in 2022 by implementing available energy efficiency solutions and sourcing renewable electricity and heating.
The Danfoss headquarters campus was one of the field trips taken by ministers during the International Energy Agency’s 7th Annual Global Conference on Energy Efficiency in the City of Sønderborg, Denmark, which ran from June 7 to 9. Dubbed “The Global Capital of Energy Efficiency” by Dr Fatih Birol, Executive Director, IEA, Sønderborg acted as a global showcase of energy-efficient solutions when more than 300 leading politicians, government officials and business leaders joined the conference on energy efficiency.
Frascold, Solid Energy in district energy initiative
MILAN, Italy, 19 April 2022: District heating systems could be a key technology in achieving the international climate mitigation goals, both those laid out in the Paris Agreement and the more stringent ones set by the European Green Deal. Saying so, Frascold, which manufactures semi-hermetic compressors for the industrial refrigeration and air conditioning sectors, said it has combined with Solid Energy, which specialises in heat pumps powered by renewable energy sources, to contribute to the diffusion of district heating and pave the way to an ecological transition by signing up to numerous projects in Denmark.
Amongst the most recent partnerships, upgrading the Galten plant in the Scandinavian country stands out, Frascold said. The plant has been in operation since 1964 and is capable of powering approximately 2,130 homes, Frascold highlighted.
The collaboration between Frascold and Solid Energy for the Galten facility began in 2019 with the creation of a system able to produce 45,000 MWh per year, obtained from 6 Frascold CXH screw compressors, suitable for use with HC, for 3.5 MW of overall power. The subsequent expansion, in 2021, saw the addition of 12 CXH compressors for an increase in power of 7 MW, Frascold said.
The installed air-water heat pumps absorb heat from the outside air with 34 air coolers for a total of 3,215,000 m3/h and cover 98% of the district heating system’s power consumption – that is, 44.343 MWh – with a SCOP (Seasonal Coefficient of Performance) of 3.11, Frascold said. The plant provides a discharge temperature of 70 degrees C with a return of 38 degrees C, thus achieving a COP of 3.4 calculated by considering an outside air temperature of 8 degrees C, which is the annual average in Denmark, Frascold said.
“We think HC heat pumps are ideal for helping reduce the comfort sector’s environmental impact,” said Karsten Pedersen, Technical Director, Solid Energy. “Cascade systems with R290 and R600a guarantee the best balance of lowering direct and indirect consumption, flexibility of use and costs.
So, for this project, we relied, once more, on Frascold, which has supported us throughout each phase, and thanks to the constant dialogue with the Competence Center team, we have designed the ideal system to respond to the three challenges: Sustainability, performance and efficiency.
The partnership with Frascold is also based on the certified reliability of its wide range of hydrocarbon solutions: It is, in fact, the only manufacturer on the market with compressor sizes around 1,000 m3/h, which are perfect for our project and comply with ATEX directives for use in zone 2.”
Fabrizio Diotallevi, Frascold Sales Area Manager, North Europe, said: “Denmark is one of the most advanced countries in terms of district heating, and approximately 1.7 million homes, or 64% of the total, are powered by these systems, of which 61% already use energy from renewable sources.
A continuous improvement process is in line with the objective to completely eliminate fossil fuels in the segment by 2030. With the numerous plants brought online with Solid Energy, we are proud to contribute to this ambitious project, which we hope will be replicated in other countries.
This new success story with Solid Energy is another example of our expertise in building heat pump compressors, which we have gained through years of international partnerships using this technology that, in the near future, will be the basis for virtuous heating and zero environmental impact.”
Frascold SpA – www.frascold.it/en
Frascold is a leading player in the development, production and marketing of semi-hermetic, piston and screw compressors, at the service of the refrigeration and air conditioning industry. A company in continuous evolution, with its gaze always directed toward the future, which has built, over time, its competitive positioning on the value of the dynamic efficiency paradigm in which the company becomes the very engine of change, playing a propositional and proactive role towards the demand.
With headquarters in the province of Milan, in a facility occupying 53,000 m2 in total. Frascold Spa closed 2020 with a consolidated turnover of 55 million Euro. The Company boasts a well-balanced competitive position, thanks to the complete control of the value chain and a careful internationalisation strategy, which is expressed in significant investments in direct bases in China, India and the USA and agreements with Distributors in 86 countries.
Solid Energy A/S https://www.solid-group.dk/en
Solid Energy A/S is a cleantech company founded in 2015 in Denmark. It specialises in designing and installing heat pumps for district heating power stations and for large plants in, for example, the industrial sector. Solid Group has 35 employees and implemented 13 turnkey projects, for an overall total power of 40 MW.
Frascold, Solid Energy in district energy initiative
MILAN, Italy, 19 April 2022: District heating systems could be a key technology in achieving the
international climate mitigation goals, both those laid out in the Paris Agreement and the more
stringent ones set by the European Green Deal. Saying so, Frascold, which manufactures semi-
hermetic compressors for the industrial refrigeration and air conditioning sectors, said it has
combined with Solid Energy, which specialises in heat pumps powered by renewable energy
sources, to contribute to the diffusion of district heating and pave the way to an ecological
transition by signing up to numerous projects in Denmark.
Amongst the most recent partnerships, upgrading the Galten plant in the Scandinavian country
stands out, Frascold said. The plant has been in operation since 1964 and is capable of
powering approximately 2,130 homes, Frascold highlighted. The collaboration between
Frascold and Solid Energy for the Galten facility began in 2019 with the creation of a system
able to produce 45,000 MWh per year, obtained from 6 Frascold CXH screw compressors,
suitable for use with HC, for 3.5 MW of overall power. The subsequent expansion, in 2021, saw
the addition of 12 CXH compressors for an increase in power of 7 MW, Frascold said. The
installed air-water heat pumps absorb heat from the outside air with 34 air coolers for a total of
3,215,000 m 3 /h and cover 98% of the district heating system’s power consumption – that is,
44.343 MWh – with a SCOP (Seasonal Coefficient of Performance) of 3.11, Frascold said. The
plant provides a discharge temperature of 70 degrees C with a return of 38 degrees C, thus
achieving a COP of 3.4 calculated by considering an outside air temperature of 8 degrees C,
which is the annual average in Denmark, Frascold said.
“We think HC heat pumps are ideal for helping reduce the comfort sector’s environmental
impact,” said Karsten Pedersen, Technical Director, Solid Energy. “Cascade systems with R290
and R600a guarantee the best balance of lowering direct and indirect consumption, flexibility of
use and costs. So, for this project, we relied, once more, on Frascold, which has supported us
throughout each phase, and thanks to the constant dialogue with the Competence Center
team, we have designed the ideal system to respond to the three challenges: Sustainability,
performance and efficiency. The partnership with Frascold is also based on the certified
reliability of its wide range of hydrocarbon solutions: It is, in fact, the only manufacturer on the
market with compressor sizes around 1,000 m 3 /h, which are perfect for our project and comply
with ATEX directives for use in zone 2.”
Fabrizio Diotallevi, Frascold Sales Area Manager, North Europe, said: “Denmark is one of the
most advanced countries in terms of district heating, and approximately 1.7 million homes, or
64% of the total, are powered by these systems, of which 61% already use energy from
renewable sources. A continuous improvement process is in line with the objective to
completely eliminate fossil fuels in the segment by 2030. With the numerous plants brought
online with Solid Energy, we are proud to contribute to this ambitious project, which we hope
will be replicated in other countries. This new success story with Solid Energy is another
example of our expertise in building heat pump compressors, which we have gained through
years of international partnerships using this technology that, in the near future, will be the
basis for virtuous heating and zero environmental impact.”
ASHRAE addresses climate change solutions at COP26
ATLANTA, Georgia, 11 November 2021: ASHRAE addressed climate change solutions at the United Nations’ Climate Change Conference of the Parties (COP26) in Glasgow, Scotland, held from October 31 to November 12.
ASHRAE said it formally participated as a Non-Governmental Organization (NGO) and an official COP observer. The United Nations granted permission for select organizations to participate in COP26 activities.
More than 60 of the largest and most influential international architecture, landscape architecture, engineering, planning and construction firms, along with two dozen organizations representing over one million building industry professionals worldwide, issued a Communiqué to government leaders headed to COP26 challenging them to step up their emissions reduction targets for the built-environment. The firms and organizations are signatories of the 1.5°C COP26 Communiqué — an open letter to sovereign governments demonstrating the firms’ and organizations’ commitment to meet the Paris Agreement’s 1.5°C carbon budget and demanding governments do the same.
ASHRAE said its focus at COP26 was to emphasize the importance of the building community’s participation in addressing the climate crisis. Architecture 2030 and ASHRAE hosted a COP26 Official Side Event on November 10, featuring the 1.5°C COP26 Communiqué and its signatories. The event, titled ‘65% by 2030 / ZERO by 2040: Top 200 Global Firms and Organizations Lead With 1.5°C Climate Actions’, highlighted ways in which the signatories are responding to the urgency of the climate crisis and specific actions to decarbonize the built world and meet the Paris Agreement’s 1.5°C carbon budget.
At the side event, 2021-22 ASHRAE Treasurer, Ginger Scoggins, highlighted the world’s growing building stock and the role of built-environment organizations, such as ASHRAE, in assisting both policymakers and industry leaders in better understanding their impact on our climate change solutions.
“ASHRAE signed onto the 1.5°C COP26 Communiqué, and we are here today because engineers and scientists involved with HVACR and building systems have been, and will continue to be, advancing solutions to address climate change,” Scoggins said. “We are here, because we recognize that the built-environment is a key source contributing to the world’s greenhouse gas emissions and with the building stock continuing to expand and doubling by 2050, solutions from the buildings community is ever more critical.”
Additionally, Scoggins spoke about the credibility of ASHRAE’s technical resources and global standing in the development of consensus-based standards. “ASHRAE’s flagship Energy Conservation Standard 90.1 is the benchmark for commercial building energy codes in the United States and has been a key basis for codes and standards around the world for more than 45 years, reducing energy consumption by 50%, yet only 38 countries have specifically named building standards and codes in their Nationally Determined Contributions,” Scoggins said. “Many of the countries where the building stock is expected to grow do not require energy standards for buildings. ASHRAE signed the buildings industry’s communique, and we are ready to help policy makers and the buildings industry around the world transform our building stock into one that is sustainable, resilient, and healthy. We are here to be part of the solution and we are up to the challenge.”
In a separate statement, 2021-21 ASHRAE President Mick Schwedler, commented on ASHRAE’s participation at COP26 and shared additional ways that the Society is addressing climate change. “ASHRAE’s climate action efforts exemplify the Society’s core dedication to engineering excellence in environmental stewardship,” Schwedler said. “The ASHRAE Global Headquarters building renovation project demonstrates that existing buildings can be transformed into net-zero-energy structures cost-effectively, using current, off-the shelf technologies. Our Advanced Energy Design Guides, developed with our partners, provide zero energy K-12 schools and office buildings guides to equip designers in achieving zero energy and significantly reducing carbon. ASHRAE is proud to work with other world leaders to not only raise awareness of the issues surrounding climate change, but collectively seek to redefine the built environment for the times and continually explore what is possible through industry leading innovation.”
UN: Pandemic causes dip in building emissions
NAIROBI, Kenya, 19 October 2021: The economic consequences of the COVID-19 pandemic caused CO2 emissions from buildings and construction to fall significantly in 2020, but a lack of real transformation in the sector means that emissions will keep rising and contribute to dangerous climate change, according to the 2021 Global Status Report for Buildings and Construction.
The report, published by the UN Environment Programme-hosted Global Alliance for Buildings and Construction (GlobalABC), finds that in 2020, the sector accounted for 36% of global final energy consumption and 37% of energy related CO2 emissions, as compared to other end-use sectors.
While the level of emissions within the sector are 10% lower than in 2015, reaching lows not seen since 2007, this w333as largely due to lockdowns, slowing of economies, difficulties households and businesses faced in maintaining and affording energy access and a fall in construction activity. Efforts to decarbonize the sector played only a small role, the authors of the report said.
With large growth projected in the buildings sector, emissions are set to rise if there is no effort to decarbonize buildings and improve their energy efficiency, the authors said. In Asia and Africa, building stock is expected to double by 2050, they said, adding that global material use is expected to more than double by 2060, with a third of this rise attributable to construction materials.
“This year showed that climate change is an immediate direct threat to every community on this planet, and it is only going to intensify,” said Inger Andersen, Executive Director, UNEP. “The buildings and construction sector, as a major source of greenhouse gas emissions, must urgently be decarbonized through a triple strategy of reducing energy demand, decarbonizing the power supply and addressing building materials’ carbon footprint, if we are to have any chance of meeting the Paris Agreement goal of limiting global warming to 1.5C.”
Some progress, but not enough
The GlobalABC’s Global Buildings Climate Tracker found that there have been some incremental improvements in action to decarbonize and improve the energy efficiency of the sector.
In 2015, 90 countries included actions for addressing buildings emissions or improving energy efficiency in their Nationally Determined Contributions (NDCs) under the Paris Agreement. This number has now hit 136, although ambition varie, the authors of the report said.
Since 2015, an additional 18 countries have put in place building energy codes – a move that is crucial to shift emissions downwards – bringing the total to 80, the authors said. Local cities and governments have also developed codes, they said. Investment in energy efficiency rose to over USD 180 billion in 2020, up from 129 billion in 2015. Green building certification has increased by 13.9% compared to 2019, they said.
Overall, however, the report finds that these efforts are insufficient, both in terms of speed and scale. Other key findings of the report include: Two-thirds of countries still lack mandatory buildings codes; most of the increase in energy efficiency spending came from a small number of European countries; too small a share of finance goes into deep energy retrofits, and there is a lack of ambitious decarbonization targets in NDCs.
What comes next?
Energy demand in the buildings and construction sector is likely to rebound, as economic recovery efforts take hold and as pent-up demands for new construction are realized, the authors said.
By 2030, to be on track to achieving a goal of net-zero emissions by 2050, the International Energy Agency says that direct building CO2 emissions would need to decrease by 50%. Indirect building sector emissions will have to drop through a reduction of 60% in power generation emissions. To achieve these goals, the report finds, the sector has to take advantage of every lever.
While pandemic recovery spending has not sufficiently prioritized climate-friendly approaches to the level required, the authors said, there is still an opportunity to invest in decarbonizing our buildings while increasing their resilience:
- Countries need to harness the sector’s transformative potential for achieving the energy transition.
- Governments need to commit to further decarbonizing the power, as well as heating and cooling energy supply. This includes stepping up ambition in NDCs to include building decarbonization targets that contain the so-far largely overlooked embodied carbon and the emissions from the production of building materials.
- The rate of growth of investment in building efficiency needs to double to over 3 per cent per year, and must expand beyond direct government investment to private investors.
- Scope and coverage of building energy codes need to increase. All countries need to have in place mandatory building energy codes, and these would ideally address performance standards for building envelopes, design, heating, cooling, ventilation systems and appliances, and ensure links with integrated urban planning.
Buildings’ resilience needs to increase to futureproof our homes and workspaces. A typical building constructed today will still be in use in 2070, but the climate it encounters will have changed significantly.
- The necessary interventions to reduce the climate impact of existing buildings should be combined with investing in adaptation and resilience measures.
- In addition, both public and private sector need to seize the tremendous investment opportunities this sector offers – for example, through green bonds or through banks increasing green building construction and mortgage finance.
President Biden invites JCI’s CEO to speak at Leaders Summit on Climate
MILWAUKEE, Wisconsin, 21 April 2021: Johnson Controls (JCI) announced that George Oliver, its Chairman and CEO has been invited by U.S. President Joe Biden to participate in the virtual Leaders Summit on Climate.
Making the announcement through a Press release, JCI said the summit will bring together leaders of the world’s major economies and other vital partners for an urgent and open dialog on ways to strengthen collective efforts to address the climate crisis. President Biden has made tackling climate change a top national priority since taking office and is urging other world leaders to attend the summit to discuss how their governments will help drive the goal of limiting global temperature rise.
“I am honored to accept President Biden`s invitation to join him and other world leaders calling for urgent climate action,” Oliver said. “It is especially important to establish a roadmap to limiting the rise of global temperatures as we get closer to the COP26 climate conference, scheduled for November in Glasgow. Transitioning to a lower-carbon economy is an opportunity to build back better, as we recover from the COVID-19 pandemic. Providing clean, sustainable and energy-efficient solutions creates jobs while building strong, resilient global economies.”
According to the White House, a major theme of the summit will be the broad economic benefits of climate action, with a strong focus on job creation. This will explore both the economic benefits of green recovery and long-term decarbonization and the importance of ensuring that all communities and workers benefit from the transition to a clean energy economy.
Representing both Business Roundtable and Johnson Controls, Oliver will address these topics in a session on April 23 as well as the role buildings can play to slash both emissions and costs, JCI said.
Business Roundtable is an association of chief executive officers of America’s leading companies. According to JCI, Oliver was named Chair of the Business Roundtable Energy & Environment Committee in January this year. The Committee is dedicated to advancing policies that encourage innovation and support an environmentally and economically sustainable future.
The vast majority of Business Roundtable’s 223-member CEOs have made public commitments to reduce their companies’ greenhouse gas emissions/carbon footprints, are making serious progress and reporting on it publicly. Nearly half of those commitments are for net-zero carbon emissions by 2050, if not sooner.
According to JCI, Business Roundtable members are playing a significant role in driving ambitious climate action and the policy needed to spur low-carbon economic growth. Last September, JCI said, the organization endorsed the goals of the Paris Agreement and proposed aggressive policies to achieve those goals.
JCI said its own ambitious emissions reductions targets were recently approved by the Science Based Targets Initiative – an independent organization that assesses corporate sustainability claims. JCI said that as part of its environmental sustainability commitments, it aims to cut operational emissions by 55% and reduce customers’ emissions by 16% before 2030. It said it believes its OpenBlue platform for optimizing building sustainability will be central to fulfilling these goals and ultimately creating an environment for healthy people, healthy places and a healthy planet.
JCI said it also recently joined the Business Ambition for 1.5°C campaign and is a signatory to The Climate Pledge, an initiative of business leaders co-founded by Amazon and Global Optimism. Signatories to the pledge commit to reaching net-zero carbon emissions by 2040 – 10 years ahead of the Paris Climate Agreement goal.
UAE to host GCC and MENA regional climate dialogue
ABU DHABI, UAE, 1 April 2021: The United Arab Emirates will host the Regional Climate Dialogue for climate action on April 4 in Abu Dhabi, in advance of the Leaders Summit on Climate, to take place in Washington DC later this month and in the run up to COP26. The UAE regional dialogue will include the participation of John Kerry, US Special Presidential Envoy for Climate, and Alok Sharma, COP 26 President, together with ministers and high-level climate representatives from the GCC and Mena regions.
As part of its well established role as a convener on climate action, the UAE has also invited International Renewable Energy Agency (IRENA) Director-General, Francesco La Camera, to attend the Dialogue. The event will focus on national and regional preparations for the 26th United Nations (UN) Climate Change Conference of the Parties (COP26), set to run from November 1 to 12, 2021. The COP26 Summit, hosted this year by the United Kingdom in Glasgow, will bring together countries from across the globe to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.
His Excellency Dr Sultan Ahmed Al Jaber, the UAE’s Special Envoy for Climate Change, and Minister of Industry and Advanced Technology, said: “We look forward to welcoming Special Envoy Kerry and COP26 President Alok Sharma, along with Ministers and high-level representatives of the key economies of the GCC and MENA region to Abu Dhabi for this important dialogue. The UAE has demonstrated a longstanding commitment to progressive climate action and sought to promote sustainable development throughout the region. By coming together for this dialogue, I believe we can create greater momentum for progress. The UAE views climate action as an opportunity for economic development, while contributing practical solutions to a global problem that affects us all. As the world seeks new pathways to ‘building back better’ in the wake of the COVID-19 pandemic, Special Envoy Kerry’s visit will help consolidate efforts on smart sustainable solutions with tangible benefits for the global community.
“We are already seeing great examples of climate leadership throughout our region, including the recently announced initiative by our brotherly neighbors in the Kingdom of Saudi Arabia. The regional climate dialogue will provide a constructive platform for the MENA region to unite around progressive, practical solutions that can help the world reach global climate goals, while also fostering innovation for sustainable growth.”
Speaking in advance of the meeting, COP 26 President Alok Sharma said: “It is vitally important that the world works together to tackle climate change. That means countries coming forward with net-zero targets and near-term emissions reduction targets (the 2030 NDCs) that keep 1.5 degrees within reach. The transition to a clean economy is one which can benefit us all: through creating jobs, spurring sustainable development, and cleaning our air. We are already beginning to see progress, and countries in the MENA region are well placed to take advantage of the economic opportunities of this transition. However, the consequences of climate change are already being felt across the region, and the UK will use its COP26 Presidency to build momentum on adaptation to help to keep countries, communities and people safe from the impacts of climate change.”
The Regional Climate Dialogue will provide an ideal platform for the participating countries to exchange experience in their responses to climate change and build momentum for increased global ambition in the run-up to COP26. In addition, it will enable the United States and the MENA region to examine new areas of collaboration in the field of climate change mitigation and adaptation with the aim of transforming the climate challenge into an economic opportunity.
Core themes will include accelerating the deployment of renewable energy solutions, exploring the potential of new zero-carbon-energy sources, such as green and blue hydrogen, maximizing the impact of mitigation technologies, including carbon capture, and reducing the carbon emission intensity of hydrocarbon fuels, on which the world will still rely during the energy transition. The conversation will discuss policies for adaptation to the impacts of accelerating climate change trends that are of particular concern to the region, such as food and water security, desertification mitigation and environmental conservation.
The participants will seek to develop a common understanding of climate action priorities, as well as a roadmap for cooperation towards COP26 and related milestones.
Ministry of Climate Change and Environment launches policies to boost UAE’s sustainability agenda
ABU DHABI, UAE, 24 January 2021: His Excellency Dr Abdullah Belhaif Al Nuaimi, UAE Minister of Climate Change and Environment, launched new initiatives and policies to boost the UAE’s sustainability agenda, the Ministry said through a Press release. The launch happened during the annual Abu Dhabi Sustainability Week (ADSW), the Ministry added.
The Minister highlighted the importance of driving coordinated action to expedite the energy transition and increase the share of renewables in the countries’ energy mix at the opening ceremony of the 11th Assembly of the International Renewable Energy Agency (IRENA). He reflected on the UAE’s journey in deploying renewables at home and abroad, leading to a considerable surge in its domestic production capacity, as well as playing an effective and distinct role in reducing the cost of renewable energy worldwide.
At the Ministerial Plenary Meeting on National Energy Planning and Implementation for Fostering Energy Transition, Dr Al Nuaimi presented the UAE’s new climate ambitions, set out in its second Nationally Determined Contribution (NDC) under the Paris Agreement. He noted that the NDC fell under the country’s national economic and energy diversification drive, manifested in its current energy transition.
Moreover, Dr Al Nuaimi delivered the closing remarks at the first joint meeting to prepare for two landmark UN summits that will take place in New York in September 2021 – the Food Systems Summit and the High-level Dialogue on Energy. The participants proposed targets, policies, initiatives, and other outcomes for the summits that have simultaneous food, energy and climate benefits.
At a panel session, titled ‘COP26 – a Crucial Stepping Stone on the Path to a Sustainable Global Recovery’, the Minister stressed that the UN Climate Change Conference 2021 (COP26) is a timely opportunity for leaders to resume climate negotiations and work on a shared vision for raising climate ambition in the context of a green recovery.
He pointed out that throughout the tough times posed by COVID-19, the UAE has remained dedicated to accelerating its transition to a green economy, as part of its recovery plans, and has taken great strides along this path, including moving forward with its renewables and nuclear projects.
At the third edition of the Abu Dhabi Sustainable Finance Forum, His Excellency Dr Al Nuaimi announced the launch of the UAE Sustainable Finance Framework 2021-2031 in partnership with Abu Dhabi Global Market (ADGM). Pioneered by the Ministry, the national framework supports the mobilisation of private capital towards low-carbon, environmentally sustainable and climate-resilient investments.
With the aim of ensuring the UAE emerges as a leader in climate knowledge, the Minister launched the UAE Climate Change Research Network that brings together a group of committed scientists and researchers to advance climate data collection and policy-relevant research on climate change impacts and adaptation. The Network presents opportunities for climate scientists in the UAE to engage with one another and with their peers from other countries as well as to facilitate research collaborations.
Dr Al Nuaimi also unveiled the inaugural edition of The UAE State of Climate Report, which provides an overview of the state of knowledge on historical and projected climate changes and their impacts on the UAE and the wider Arabian Gulf region.
On the sidelines of ADSW 2021, the Minister opened the winners’ announcement of the third edition of the Global Innovation Award (GIA), organised by Globally on behalf of MOCCAE. The competition aims to attract innovations from around the world to the UAE to support the country in its quest to become a world leader in sustainable development. This year’s GIA received a record number of applications – more than 1,200 from 65 countries. The winner was Cambrian Innovation, from the United States, with its innovative waste-to-energy solution that purifies wastewater while producing energy from the contaminants.
Minister of Climate Change and Environment confirms UAE’s new NDC is part of its economic, energy diversification drive
DUBAI, UAE, 19 January, 2021: His Excellency Dr Abdullah Belhaif Al Nuaimi, UAE Minister of Climate Change and Environment, today participated in the Ministerial Plenary Meeting on National Energy Planning and Implementation for Fostering Energy Transition as part of the 11th Assembly of the International Renewable Energy Agency (IRENA), the Ministry said through a Press release.
The virtual session provided an opportunity to discuss emerging experience in reinforcing energy planning and implementation at the national level, and aligning it with global climate action and goals through the Nationally Determined Contributions (NDCs), the Ministry said.
Highlighting the new targets set as part of the UAE’s NDC, His Excellency Dr Al Nuaimi said: “With the support of our stakeholders, we were able to increase our ambition to reduce carbon emissions to 23.5% compared to business as usual for the year 2030. This translates into absolute emission reduction of about 70 million tons. Our clean power capacity is on track to reach 14 GW by 2030, from 125 MW in 2015 and 2.4 GW at present. To date, we have invested more than USD 40 billion in clean energy projects locally.
“While the approval and implementation of the NDC is a key milestone, it’s only one step in the right direction. The move falls under our national economic and energy diversification drive, manifested in the country’s current energy transition.”
The Minister reiterated the UAE’s commitment to doing its part to achieve the goals of the Paris Agreement, and joining forces with the rest of the world to fight climate change.
His Excellency Dr Al Nuaimi also participated in a press briefing organized by IRENA alongside His Excellency Francesco La Camera, Director-General of IRENA, and Her Excellency Dr Nawal Al-Hosany, Permanent Representative of the UAE to IRENA.
Addressing members of the media, the Minister commended the role of IRENA in facilitating and guiding the decarbonisation efforts of its members around the world, and its significant contribution to the growth of the renewables market. Furthermore, he praised the Agency for providing its expertise to assist countries in revising their NDCs over the past year with a focus on increasing the share of renewables in national pledges.
He added: “The work of IRENA couldn’t be more important. Renewable energy holds the solution to many of the issues the world faces today, such as climate change, air pollution, and economic slowdown. Therefore, its deployment should be a key item on the world’s sustainability agenda, along with leveraging cutting-edge technologies and artificial intelligence to ensure we respond smartly, promptly, and efficiently to the most pressing challenges.”