Putting the Paris Agreement into action at #COP22 #InvestPlanet

8th November 2016

Yesterday the UN's 22nd session of the Conference of Parties (COP22) commenced in Marrakesh, Morocco. 20,000 delegates from 196 countries are expected to attend and discuss how to turn the COP21 Paris Agreement into action.

What happened at COP21?

Professor Stefaan Simons, Energy Centre Chair, speaking at COP21 in 2015

COP21 was arguably one of the most historic meetings in terms of mitigating climate change. On 12 December 2015 the world united in an agreement to take action, and 197 countries signed the Paris Agreement which made each country take responsibility for recognising and combating climate change.

The central aim was to limit global temperature rise this century to well below 2°C over pre-industrial levels, and to pursue efforts to limit the temperature increase even further to 1.5°C. Additionally, the agreement aims to strengthen the ability of countries to deal with the impacts of climate change.

And we were there too! The IChemE Energy Centre published its Climate Communique and Supporting Statement in October 2015, identfying five priority areas where technology should be deployed to help mitigate climate change:

  • energy efficiency
  • energy storage and grid management
  • carbon capture, storage and utilisation
  • nuclear
  • sustainable bioenergy

Energy Board Centre Chair Professor Stefaan Simons hosted an official side event at COP21: Technology solutions for a 2oC world: Investing in renewables, storage, energy efficiency and CCS. If you missed it you can watch it all on our YouTube channel and read a write-up of the event and our follow-up talks in London.

Ratification

Source: www.un.org

The Paris talks concluded that 197 countries had adopted the Agreement, but the real commitment would be shown through ratification. The Agreement was opened for ratification on 22 April 2016 at the UN Headquarters in New York. Parties representing 55% of the global greenhouse gas emissions needed to be accounted for in order to make the Agreement 'entered into force'.

The biggest emitters of CO2, including China and USA ratified at the beginning of September, causing a number of other countries to follow.

Last month the threshold was achieved, and on Friday 4 November, it was confirmed that the Paris Agreement had officially been entered into force. This means that it is now down to each country to start planning and implementing actions to reach the agreed targets.

The UK is still yet to ratify, despite the European Union making an official admission on 5 October. Currently 100 out of the 197 parties who adopted the Agreement have ratified.

What is happening at COP22?

Positioned as the 'bridge' between decision and action, COP22 will define the mechanism for the implementation of the Paris Agreement. This covers funding, climate change policy, and technology deployment.

The ratification of the Agreement is incredibly timely, and encourages this Conference to concentrate on the emissions targets and goal of achieving a zero carbon economy by 2050.

The idea is to spend the conference working out a clear work plan for achieving the targets, and the UN has set a target of 2018 to have this finalised. This will involve some 'fleshing out' of the Agreement's fine print, including financial support which will have a massive impact on developing nations.

Join IChemE at the talks

While the conference has already started, our presence at the talks kicks off on Monday 14 November. We will be holding a side event in collaboration with The Grantham Institute at Imperial College London, and the Natural Resources Defense Council (NRDC).

The event - Investing in the planet: Green banks and other financial tools to scale-up mitigation technologies - will focus on the financing and policy mechanisms required for deploying low carbon technologies. The event will make sure to highlight that financing is essential for both mitigation and adaptation, and in the broader context of the sustainable development goals.

Not going to be there in person? The event will be live-streamed on YouTube, so head over at 11:30 - 14:00 (WET) on Monday 14 November.

We'll also have a stand at the exhibition, to help raise the profile of chemical engineers and advocate their role in mitigating climate change. Working with the IChemE Energy Centre, we will be spreading the word about how chemical engineers will help to deploy the technologies needed to meet the global targets.

Come and visit us at our stand.

You can also follow all the action on Twitter, just search #InvestPlanet.