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    Dubai Chamber continues bolstering economic ties between UAE and Africa

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    Fruit market to register compound annual growth rate of 5.3% by 2026

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    The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

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    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

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    Anti-Money Laundering: EU clears Ghana

    Anti-Money Laundering: EU clears Ghana

    Dubai Chamber continues bolstering economic ties between UAE and Africa

    Dubai Chamber continues bolstering economic ties between UAE and Africa

    Pension funds share of equities market dips

    Pension funds share of equities market dips

    Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

    Pfizer Makes US$7.8 Billion In COVID Vaccine Sales

    B&FT is Outstanding Newspaper of the Decade

    B&FT is Outstanding Newspaper of the Decade

    Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

    Investments in regulatory instruments key to bridging technology & policy gap – MTN Ghana CEO

  • Engineering
    Construction industry : Ghana ranked 7th in value, 6th in attractiveness – Report

    Construction industry : Ghana ranked 7th in value, 6th in attractiveness – Report

    Nigeria Approves Creation of $2.4 Billion Infrastructure Firm

    Nigeria Approves Creation of $2.4 Billion Infrastructure Firm

    Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and Strategic Fuel Fund

    Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and Strategic Fuel Fund

    Inaccurate solar production estimates impact all players in African power value chain

    Inaccurate solar production estimates impact all players in African power value chain

    Nigeria says no increase in pump prices after regulator sparks confusion

    Nigeria says no increase in pump prices after regulator sparks confusion

    Senegal already produces Gas: Investors should look Onshore

    Senegal already produces Gas: Investors should look Onshore

  • Bank & Finance
    Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

    Ghana To Become a Beneficiary Of a $41m Expansion Raised By YAP

    Izwe Savings & Loans Earmark GHS150m for SMEs in Ghana

    Izwe Savings & Loans Earmark GHS150m for SMEs in Ghana

    StanChart committed to positioning Ghana as digital hub

    StanChart committed to positioning Ghana as digital hub

    Afreximbank and ITFC ratify US$250million finance facility to support Africa

    Afreximbank and ITFC ratify US$250million finance facility to support Africa

    Afreximbank launches US$6.5bn equity capital increase

    Afreximbank launches US$6.5bn equity capital increase

    Omnichannel banking best bet for multi-faceted/African markets – Backbase

    Omnichannel banking best bet for multi-faceted/African markets – Backbase

    Nigeria to partner with Bitt Inc to launch ‘eNaira’ digital currency

    Nigeria to partner with Bitt Inc to launch ‘eNaira’ digital currency

    AfDB President ‘optimistic’ about Africa’s post-COVID-19 recovery

    AfDB President ‘optimistic’ about Africa’s post-COVID-19 recovery

    Bitcoin, Dogecoin hit all-time highs driven by Elon Musk – but how to choose an exchange?

    Bitcoin price hits new record high, fuels fresh demands for regulation

  • Agriculture
    Benchmark policy puts 100,000 jobs at risk in rice industry – Ghanaian farmers warn

    Benchmark policy puts 100,000 jobs at risk in rice industry – Ghanaian farmers warn

    Why support Africa’s small farmers?

    Why support Africa’s small farmers?

    Why are global food prices rising, and what does it mean for emerging markets?

    Why are global food prices rising, and what does it mean for emerging markets?

    Heavy rains leave Ivory Coast cocoa farmers split on harvest outlook

    Heavy rains leave Ivory Coast cocoa farmers split on harvest outlook

    Fruit market to register compound annual growth rate of 5.3% by 2026

    Fruit market to register compound annual growth rate of 5.3% by 2026

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    The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

    The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

    Ivory Coast begins Ebola vaccinations after case confirmed in Abidjan

    Ivory Coast begins Ebola vaccinations after case confirmed in Abidjan

    COVID Vaccine Protection Highly Likely To Wane Over Time – UK Advisers Say

    COVID Vaccine Protection Highly Likely To Wane Over Time – UK Advisers Say

    Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance

    Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance

    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

    Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

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Home » Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

Global Leaders Call For Concrete Plans For Clean Energy For All By 2030 And Net-Zero Emissions By 2050

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COVID Vaccine Protection Highly Likely To Wane Over Time – UK Advisers Say

Leaders from the United Nations (UN), the private sector, national and local governments, youth and other organisations issued a joint call on Wednesday for countries, businesses, cities and civil society groups to put forward their ‘Energy Compacts’ to show how they will achieve the goal of clean energy for all by 2030 and net-zero emissions by 2050.

The UN in its press release said that the Energy Compacts would provide the clearest indication of how countries will ensure that all people have access to clean energy and move toward net-zero emissions.

The Compacts will be announced between June and the September UN High-level Dialogue on Energy. The leaders issued their call in a video released on Wednesday.

It added that ‘Global Champion’ ministers from over 30 countries have joined the call for urgent energy action in advance of the high-level dialogue, along with senior UN officials, climate leaders including the Presidency of the COP26 conference, CEOs, Mayors and youth activists.

“This year’s dialogue is the best chance for governments, businesses and other partners to step up their commitments, if the world is to achieve clean, affordable energy for all by the 2030 deadline,” said Liu Zhenmin, UN Under Secretary-General for Economic and Social Affairs and Secretary-General of the Dialogue.

Zhenmin added that Energy Compacts could also help to limit temperature rise to 1.5 degrees, avoiding the worst consequences of climate change.

Urgent action is needed as global temperatures are already 1.2 degrees higher than they were in the late 1800s, with climate-related disasters displacing millions of people.

Energy use accounts for three-quarters of global emissions. Nearly 800 million people still lack access to electricity and nearly three billion lack clean cooking fuels, causing over a million deaths each year from indoor smoke pollution.

The UN said that the momentum is growing for Energy Compacts, which will start to be announced at Ministerial Forums from 21-25 June, in the lead-up to the September summit-level Dialogue.

“Since April, national government officials, major networks of cities and businesses, as well as civil society and youth groups, have been participating in an intensive series of planning meetings for their Energy Compact commitments. For countries, the Compacts will align with enhanced Nationally Determined Contributions and long-term climate goals under the Paris Agreement,” it added.

According to the co-chair of the high-level dialogue and administrator of UNDP, Achim Steiner, an energy transition is underway without which we won’t succeed.

“The challenge is whether we can make it happen equitably and fast enough. It is unacceptable that almost 800 million people in the world still lack access to electricity. The transition must ensure that there is universal access to clean energy,” added Steiner.

Damilola Ogunbiyi, special representative of the Secretary-General and CEO for Sustainable Energy for All and co-chair of the high-level dialogue said that this was an opportunity of a lifetime to provide universal energy access by exploiting new technologies, funding innovations that can create a cleaner and brighter economic future.

written by: Michael Creg Afful

Source: Source: www.energynewsafrica.com
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