CLIMATE SUMMIT: COP24
Katowice is holding the 2018 Climate Summit
COP24 is held in the Polish city of Katowice until the 14 December 2018. This latest Summit is key when it comes to designing the instruments that enable climate goals to be tackled and achieved effectively and efficiently.
Climate change is an undeniable fact and reversing this trend is only achievable via worldwide action and by tackling the problem forcefully from all angles.
As part of its program designed to meet this crucial challenge, the United Nations Framework Convention on Climate Change (UNFCCC) annually holds a Conference of the Parties (COP) attended by around 200 countries. The COP is the most important worldwide initiative aimed at reducing greenhouse gas (GHG) emissions and slowing global warming.
Achieving full implementation of the historic Paris Agreement requires important challenges yet to be met ahead of the next Conference of the Parties (COP), which is held until the 14 December in Katowice (Poland):
- On the one hand, the pace of the negotiations does not appear to be high enough to consolidate important matters, and this has led to an additional round of negotiations having to be organised in Bangkok [PDF].
- On the other, political issues exist that require high-level discussions to move them forward. The most important of these is the request by the developing countries for more transparency and predictability in the flows of climate control funding to be contributed by the developed countries.
COP24 IN KATOWICE
This is the third time that Poland is hosting a Climate Summit: COP14 was held in Poznan (2008) and COP19 took place in Warsaw (2013).
The main objectives of COP24 are:
- To take the decisions necessary to ensure the full implementation of the Paris Agreement.
- To take stock of the collective achievements made by the Parties in their efforts to meet the objectives agreed in Paris.
- As far as Poland, the host country, is concerned, its aim is to show all the other countries how they can become carbon neutral thanks to sound forest management.
'MOVING FOR CLIMATE NOW'
Once again, the Moving for Climate NOW cycling team, an initiative promoted by the Spanish United Nations Global Compact Network and Iberdrola, has arrived in Katowice after travelling more than 600 kilometres by electric bicycle since Vienna (Austria). The initiative's aim is to make society aware of the need to act urgently against climate change using all available mechanisms.
Coinciding with the start of the COP24 in Katowice, Moving for Climate NOW was welcomed by the United Nations Climate Change Deputy Executive Secretary, Ovais Sarmad, and President of COP24, Michal Kurtyka.
During the meeting, the team handed Sarmad and Kurtyka the Manifesto Against Climate Change that they have carried throughout the cycle ride. This document focuses on the Talanoa Dialogue, a space for conversation designed to encourage the participation of governments and civil society in achieving the climate goals agreed at the Paris Summit in 2015. Iberdrola is the only Spanish company and the only energy company taking part in the debates in the technical phase of this Dialogue.
The Moving for Climate NOW Manifesto states that "the Katowice Climate Summit is going to be very important because now is the time to finalise the main elements of the Paris Agreement and implement the conclusions of the Talanoa Dialogue to inform future climate action, also taking into account the conclusions and guidelines of the IPCC special report on the impacts of global warming of 1.5 ºC and the magnitude of the measures required".
It also calls for a just transition that pays special attention to vulnerable communities and leaves no one behind, and in which the energy sector plays a key role, contributing to the development of a model based on clean energy, sustainable mobility and energy efficiency.
During the meeting, Sarmad praised the work of the cyclists taking part in the ride "for inspiring the world to move in the right direction to fulfil the promise of the Paris Agreement". "This is the most important COP since the signing of the agreement, and we need initiatives like yours to testify that governments, the private sector and individuals can work together to tackle climate change by committing to multilateralism", he added.
Moving for Climate NOW is classified as an endorsed initiative by COP24. Now in its third iteration, it comprises a multidisciplinary cycling team made up of more than 40 people from different organisations and countries.
IBERDROLA AND THE FIGHT AGAINST CLIMATE CHANGE
The Iberdrola group against climate change.
Discover our milestones against climate change
THE IBERDROLA GROUP AGAINST CLIMATE CHANGE
- Emission of 60 million tons of CO2 avoided (1)
- 67.1% of the total installed capacity is emission-free (2)
- 60% of the total installed capacity is from renewable energies (2)
- 1 billion euros invested in renewables since 2001
- Almost 30,000 MW capacity in renewables
- 32 billion euros to be invested between 2018 and 2022 to improve and install new grids
- 15 coal- and oil-fired power stations closed
- 8.1 billion euros in green bonds between 2014 and 2018
- 3 billion euros invested in East Anglia ONE to improve the penetration of renewables
(1) During the last three years
(2) Data at the close of the first Nine months in 2018
MORE ON THE CONFERENCES OF THE PARTIES