Categories: JET, Net Zero

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Categories: JET, Net Zero

by Peter

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Mantashe to co-chair global panel this week on people-centred energy transitions

Mineral Resources and Energy Minister Gwede Mantashe

29TH MARCH 2021

BY: TERENCE CREAMER
CREAMER MEDIA EDITOR

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South Africa’s Mineral Resources and Energy Minister, Gwede Mantashe, will co-chair a high-level Ministerial panel this week on ‘Ensuring People-Centred Transitions’ as part of a global ‘Net Zero Summit’ being hosted jointly by International Energy Agency (IEA) executive director Fatih Birol and COP26 President Alok Sharma.

The panel is one of five to be convened as part of the virtual summit, which will take place on March 31 and will be livestreamed globally.

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The other four Ministerial panels will focus on:

  • catalysing the implementation of national clean-energy transitions;
  • developing shared strategies and technologies to support the decarbonisation of key energy sectors;
  • mobilising finance for climate-neutral investments; and
  • building international confidence in ensuring that climate commitments are indeed met.

Mantashe’s panel is closely aligned with South Africa’s aim of ensuring that its domestic transition from coal to renewable energy is a so-called ‘just transition’ and follows hot on the heels of the first meeting of the Global Commission on People-Centred Clean Energy Transitions, which took place in mid-March.

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The commission is headed by Danish Prime Minister Mette Frederiksen and the inaugural meeting was chaired jointly by Denmark’s Minister of Climate, Energy and Utilities, Dan Jørgensen, and Senegal’s Minister of Petroleum and EnergySophie Gladima.

The commission has a strong focus on employment and how to maximise the benefits of new job opportunities from clean energy while protecting fossil-fuel-linked workers and communities negatively affected by employment shifts and job losses.

The five Ministerial panel discussions form part of a broader Net Zero Summit, in which Ministers from 40 countries will participate, alongside energy and climate thought leaders drawn from the energy industry itself, as well as from financial institutions and civil society groupings.

It has been convened ahead of the upcoming COP26 climate conference, which will take place in Glasgow, Scotland, in November.

Speaking during a pre-summit briefing on Monday, Birol said the gathering would seek to accelerate the momentum behind clean energy and examine how countries could work together more effectively to reduce their greenhouse gas emissions to net zero in line with shared international goals.

Participants, he added, would represent countries that comprise 80% of the world’s people, 80% of global gross domestic product and 80% of global emissions.

It would also be attended by those large industrial countries that had already pledged to transition to net-zero by 2050, as well as China, which had committed to transition to net zero emissions by 2060.

The summit’s plenary session would be addressed by US Presidential Special Envoy for Climate John Kerry, Chinese Special Envoy on Climate Change Xie Zhenhua, European Commission Executive Vice-President Frans Timmermans and Indian Minister of Power, New and Renewable Energy Raj Kumar Singh

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Business Report 1 July 2012. Optimal Energy chief executive Kobus Meiring is a disappointed man. The company is the developer of South Africa’s electric car but it officially closed on Friday with the loss of about 60 jobs. This follows its failure to get further funding from the government and the Industrial Development Corporation (IDC)... http://www.iol.co.za/business/business-news/why-sa-s-electric-car-is-not-going-anywhere-1.1331580#.T_E37xcjGq8

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