Paris, FRANCE — Caribbean leaders yesterday announced the launch of a new public-private coalition to create the world’s first “climate-smart zone” in the region, which is still reeling from the unprecedented devastation wrought by recent hurricanes Irma and Maria.
Supported by funding and resources from the Inter-American Development Bank Group, the World Bank Group and the Caribbean Development Bank, the voluntary coalition comprises governments, regional and global public institutions, business and civil society working together to adopt and scale novel approaches to climate-smart infrastructure. With an estimated budget of US$6m – US$10m for a three-year period, it is being established to catalyse billions more public and private resources.
It aims to find a way to break through the systemic obstacles that stop finance flowing to climate-smart investments to bring greater energy and infrastructure resilience to communities across the region as the likelihood of future extreme weather events increases.
The announcement came at the One Planet Summit hosted by French President Emmanuel Macron in Paris, to review progress made on the Paris Agreement adopted by governments two years ago, yesterday.
The coalition’s charter says: “We seize this moment in 2017 to reject business-as-usual approaches and to envision a better future for the planet in which Caribbean nations and their peoples may prosper and thrive in the face of climate change, by implementing their own commitments with the help of partners while serving as global exemplars and path-finders for action needed by the global community.”
Coalition members will help to establish partnerships that can make investment deals happen. They will also bring their collective abilities together to break down the technological and financial barriers which represent the last obstacles to Caribbean people grasping the transformational opportunities that are in reach.
Specifically, the coalition’s work will focus on catalysing four initial critical priorities:
• Build low-carbon and resilient infrastructure, including nature-based approaches, to better withstand future extreme weather events.
• Create innovative financing models such as a debt-for-resilience swap initiative in exchange for demonstrated progress on policy reforms, and investments to strengthen resilience and promote climate-smart growth pathways. Build platforms to help facilitate the large public and private investments required.
• Strengthen the capacity of Caribbean countries and key regional institutions to plan for long-term resilience and climate- smart growth strategies.
“Caribbean leaders have come together as a powerful collective to build a better future for the people of the Caribbean. We welcome the financial commitments from our partners – around US$1.3 billion for recovery efforts and US$2.8 billion toward the vision shared by all members of the coalition and others. This is a great first step,” said prime minister of Grenada and Chair of Caricom, Keith Mitchell.
“Now we need to turn this possibility into a set of realities that benefit all our people. We all need to work together to change the rules of the game to accelerate climate-smart financial flows for the Caribbean and other small island developing states. Together we can build thriving economies fuelled by clean energy, nature-based resilient design and innovation. The time for action is now,” he said.
Prime Minister of Dominica Roosevelt Skerrit said: “Despite the immense human suffering and economic damage caused by the recent hurricanes, the people of the Caribbean do not want to be just passive victims of climate change. Rather, they want to be active participants in designing and implementing solutions, and for their Caribbean region to serve as a beacon of hope for island nations all over the world.”
Achim Steiner, administrator of the United Nations Development Programme, put things squarely into perspective.
“The next hurricane season is only six months away, so achieving climate-smart and resilient development for the Caribbean is critical,” he said.
“Affected individuals are the focus of the $5-billion recovery process, but this effort will only be successful if it involves the private sector, civil society and governments at all levels working together for a more resilient Caribbean. Last month, close to US$2.5 billion was pledged at a conference co-organised by Caricom and UNDP for recovery and resilience in the Caribbean, and it is our objective to facilitate joint efforts with the work of the Caribbean Climate-Smart Coalition.”
Luis Alberto Moreno, Inter-American Development Bank Group president, said: “The IDB Group reaffirms its continued and historical commitment to the Caribbean, and will work with leaders of the region to improve lives by creating climate-smart and vibrant economies where people are safe, productive, and happy. We hope that through this [Caribbean] Climate Smart Coalition, in addition to offering new affordable financing, we will use our wide physical presence on the ground to work closely with the people of the region to design their Caribbean of the future, today.”
Jim Yong Kim, World Bank Group president, said: “The Caribbean is in the ‘eye of the storm’, and we need coordinated international support to rebuild and better plan for the future. At the World Bank Group, we welcome the Caribbean Climate-Smart Coalition and plan to support it so countries get back on their feet and are better able to deal with the growing frequency and intensity of storms and hurricanes.”
Warren Smith, president of the Caribbean Development Bank, said: “The destruction our region experienced during the 2017 Atlantic hurricane season emphasises that we cannot afford to take a business-as-usual approach in tackling climate change. CDB therefore welcomes the establishment of the Caribbean Climate-Smart Coalition. The bank shares the vision of the coalition, and we look forward to supporting and investing in solutions to accelerate progress towards achieving this goal.
Comments also came from Sir Richard Branson, founder — Virgin Group; THE RISE Fund; Mary Robinson, chair of the Mary Robinson Foundation on Climate Justice; and Allen Chastanet, prime minister of St Lucia.
“Ultimately, we will only win the battle on climate change when investments in climate action and broader resilience become the economically sensible decision to make every time,” Chastanet said.
“It’s not just about protecting against negative impacts — climate action needs to be about enhancing competitiveness, creating jobs, improving our economies. Otherwise, our people cannot make the sacrifices needed. I’m pleased by the level of support from our coalition partners and others. But I’m excited about the possibility for the Caribbean to incubate new powerful ideas and accelerate their implementation.”
The charter has been adopted by Anguilla, Antigua & Barbuda, British Virgin Islands, Dominica, Grenada, Jamaica, Montserrat, St Kitts & Nevis, St Lucia, Turks and Caicos Islands, and US Virgin Islands.
It’s a step in the right direction however LNG is not clean energy and will be going the way of coal plants in the not so distant future. Solar plus commercial energy storage is approaching… Jason Robinson, CEO Solar Buzz Jamaica
Ground has now been broken for the 200 megawatt cogeneration power station at Jamalco’s alumina refinery complex in Halse Hall, Clarendon.
New Fortress Energy is expected to hire 425 persons during the construction stage of the planned US$265-million natural gas facility.
The plant is to be developed in two phases of 100 megawatts per hour each.
Speaking at the ground-breaking ceremony this morning, Prime Minister Andrew Holness explained the components of the project.
He said the plant should help to ensure lower costs and lower emissions and will benefit the Jamaican economy.
New Fortress will also supply a 190 megawatt gas-fired power plant in Old Harbour, St Catherine, being developed by the Jamaica Public Service Company from its marine terminal at Portland Bight.
KINGSTON, Jamaica (JIS) — Minister of Science, Energy and Technology, Dr Andrew Wheatley, says energy efficiency and conservation is a priority of the Government in order to reduce the dependence on high-cost imported fossil fuels.
He was speaking at the ceremony for the signing of a US$15-million loan agreement with the Japan International Cooperation Agency (JICA) for the implementation of the Energy Management and Efficiency Programme (EMEP).
The sum is the second portion of a joint loan of US$30 million for the roll-out of the EMEP. The Government signed an agreement with the Inter-American Development Bank (IDB) for the first US$15 million on November 10.
“We, at the ministry, welcome the signing of this agreement, which we see as crucial in our efforts to develop a competitive energy environment, diversify our energy sources and improve energy efficiency,” said Dr Wheatley.
He noted that the $30-million EMEP will consolidate and expand on the achievements under other initiatives, which have resulted in savings of some 3.6 million kilowatt hours amounting to more than $131.5 million as at July 2017.
He noted that some 800 people in more than 40 ministries, departments and agencies have been trained through seminars and workshops in the areas of energy conservation and energy efficiency to augment some $1.1 billion worth of investment.
Such investments include application of the cool roof solutions and retrofitting and replacement of old-technology air-conditioning systems.
“With EMEP, there will be deepening of the retrofits to be undertaken, expanding to other government entities, such as those within the health, education and security sectors. There will also be even greater opportunities for us to promote fuel conservation in road transportation, and, very importantly, support for the Government’s electricity planning function – the Integrated Resource Plan,” Dr Wheatley said.
Statistics have shown that an estimated annual average of 20.4 million barrels of oil equivalent (BOE) were imported during the 2010-2015 period for use in the electricity, manufacturing and transportation sectors, with an average import value of US$1.9 billion. One aim of the EMEP is to reduce the amount of oil imported for energy production.
EMEP will be executed by the Petroleum Corporation of Jamaica (PCJ), which falls under the ministry.
A total of 210,000 gallons of oil leaked Thursday from the Keystone pipeline in South Dakota, the pipeline’s operator, TransCanada, said.
A joint study by Finland’s Lappeenranta University of Technology and Energy Watch Group presented on the sidelines of the COP23 talks in Bonn demonstrates that a global transition to 100% renewable electricity could be achieved by 2050, and would be more cost effective than the current electricity system.
The study, ‘Global Energy System Based on 100% Renewable Energy – Power Sector’ was presented during the Global Renewable Energy Solutions Showcase event, a sideline to the United Nations Climate Change Conference COP23 currently underway in Bonn.
The study’s key overall finding is that a global shift to 100% renewable electricity is feasible with current technology, and would be more cost effective than the current system led by fossil fuels and nuclear generation.
The study found that in a projected scenario for energy demand in 2050, 100% could be met by current renewable technologies, at a global average LCOE of €52/MWh, compared with 2015’s average LCOE of €70.
In EWG’s 2050 scenario, solar PV covers 69% of electricity demand, wind 18%, hydro 8% and bioenergy 2%. The study predicts that wind will briefly overtake solar in the 2020s, before further price drops put solar back in the lead.
Storage is outlined as the key supporting technology for solar, with around 31% of total demand covered by storage technologies. 95% of this is projected to come from short term storage provided by batteries, with power to gas conversion providing seasonal storage.
“There is no reason to invest one more dollar in fossil or nuclear power production,” exclaims EWG President Hans Josef. “All plans for a further expansion of coal, nuclear, gas and oil have to be ceased. More investments need to be channeled in renewable energies and the necessary infrastructure for storage and grids. Everything else will lead to unnecessary costs and increasing global warming.”
The report is based on an original model developed by Lappeenranta University of Technology, which calculates the most cost-effective mix of technologies based on available resources in 145 regions for a full reference year. The full study is published here.
Only time will tell whether this study’s recommendation will translate into reality. As lead author Christian Breyer sums up: “Energy transition is no longer a question of technical feasibility or economic viability, but of political will.”
BRIDGETOWN, Barbados (CMC) — The Barbados government says independent power producers interested in supplying electricity to the national grid will be able to apply for licences by early next year. Energy Minister Darcy Boyce said that recommendations on licensing systems for these producers should be in hand by the end of the year and that proposals for pricing of renewable energy would also go before the Fair Trading Commission early next year.
“We can give certainty to investors of what they will earn,” he said, adding that the recommendations on pricing will be made after stakeholder consultations.
Boyce was speaking at a signing ceremony between the Division of Energy and Enermax Limited to facilitate the installation of solar photovoltaic systems at 28 community centres and nine polyclinics.
The project, which will be implemented over the next three months, forms part of the Disaster Risk and Energy Access Management (DREAM) Project funded by the Global Environmental Facility (GEF) with project support from the United Nations Development Programme (UNDP).
Its primary objectives are to reduce greenhouse gas emissions through the use of renewable energy and to strengthen Barbados’ disaster risk response by promoting decentralised photovoltaic electricity generation with battery back-up.
Boyce said that eventually he would like to see all community centres, polyclinics, the Queen Elizabeth Hospital and all schools with renewable energy systems.
He said this would result in a reduction in electricity costs, provide critical battery support when there were outages and ensure that communities and schools were not impacted in carrying out their programmes because of high electricity bills.
Bonn, Germany, 10 Nov 2017 – Leaders from a wide range of sectors came together on Friday at Energy Day at the UN Climate Change Conference in Bonn to announce a new set of initiatives to transition to renewable energy and to show that more ambitious clean energy development can quickly become a bigger part of national climate plans submitted under the Paris Climate Change Agreement.
“With the price of renewable and storage technologies tumbling, and greater understanding on how to set the policy table for a cleaner energy mix and more integrated energy planning, the question before decision makers is, why wait?” said Rachel Kyte, Special Representative of the UN Secretary-General and CEO, Sustainable Energy for All.
Success stories, action and new commitments shared during Energy Day at the COP23 UN Climate Change Conference from businesses, states, cities and forward-thinking countries continue to show ambition to ensure the clean energy transition is not only underway but is irreversible.
“Our pledge to leave no one behind is a critical component of the Paris Agreement. The energy transition that we can see is underway and must be a transition towards energy systems around the world that secure sustainable energy for all,” said Ms Kyte.
“This means placing energy efficiency first, adopting a laser like focus on ending energy poverty and using the renewable energy revolution to achieve universal access and a bending of the emissions curve. With each year, each COP, the health and economic impacts of carbon pollution are better documented and the science of what awaits us, if we continue on our current path, mounts,” she said.
Adnan Z. Amin, International Renewable Energy Agency (IRENA) Director-General said: “Two-thirds of global greenhouse gas emissions stem from energy production and use, which puts the energy sector front and centre of global efforts to combat climate change. Our analysis shows that renewables and energy efficiency can together provide over 90 per cent of the mitigation needed in the energy system by 2050 to achieve the ambitions of the Paris Agreement, while also boosting the economy, creating jobs and improving human health and well-being.”
“We have a large, untapped, and affordable renewable energy potential waiting to be developed. Revising the Nationally Determined Contributions (NDCs) gives countries an opportunity to take a fresh look at how to harvest this potential, not only for mitigation, but in light of the multiple socio-economic benefits of renewables, also for adaptation,” said Mr Amin.
Fatih Birol, International Energy Agency (IEA) Executive Director, said: “The transition of the energy sector in the next decades will be critical to meeting shared climate and sustainable development goals. Widespread action by governments and private sector alike has helped keep global energy-related emissions flat the last three years. Our analysis shows we can meet climate goals while achieving energy access and improving the environment.”
The central goal of the Paris Agreement is to keep the average global temperature rise well below 2 degrees Celsius and as close as possible to 1.5 degrees. About one degree of that rise has already happened, underlining the urgency to progress much further and faster with the global clean energy transformation.
Energy Day is organized by The Climate Group, IEA, IRENA and Sustainable Energy for All (SEforALL) as part of a series of thematic action days held under the auspices of the Marrakech Partnership.
The global community has coalesced around the ambitious goals of the Paris Agreement, one of which is to peak global greenhouse gas (GHG) emissions as soon as possible. The longer we delay the peak — the point when global emissions switch from increasing to decreasing — the more difficult it will be to limit global warming. Yet global GHG emissions are still rising and are expected to continue to climb through 2030.
The timing of when individual countries’ emissions peak and then decline — especially those of major emitters like the United States and China — is critically important in determining whether we can avoid the most dangerous climate impacts.
Although the timing of when global GHG emissions need to peak is well documented, there has been less research on when individual countries’ emissions have peaked. World Resources Institute’s (WRI) new paper, Turning Points: Trends in Countries Reaching Peak Greenhouse Gas Emissions Over Tim e, fills this gap by analysing which countries’ emissions peaked in the past and which countries have emissions- reduction commitments that imply peaking in the future.
The paper documents steady progress in the number of countries reaching peak emissions over time. By 1990, 19 countries had peaked (representing 21 per cent of global emissions), and by 2030 this number is likely to grow to 57 countries (representing 60 per cent of global emissions). Among the 57 countries that have peaked already or have a commitment that implies a peak by 2030 are some of the world’s biggest emitters, including China, the United States, Russia, Japan, Brazil, Germany and Mexico.
Peaking Progress by Decade
19 countries, representing 21 per cent of global emissions (based on 1990 emissions data), reached peak emissions in 1990 or earlier. Sixteen of them were former Soviet republics and/or economies in transition. The economic collapse after the break-up of the Soviet Union resulted in several former Soviet republics’ emissions declining sharply. Germany and Norway also peaked by 1990, and the European Union as a whole reached peak emissions by 1990.
By 2000, 33 countries’ emissions peaked, representing 18 per cent of global emissions (based on 2000 emissions data). Many of the countries peaking in the 1990s were European nations such as the United Kingdom, France, the Netherlands, Belgium, Denmark, Sweden, Switzerland and Finland. Costa Rica also reached peak emissions levels in 1999.
The number of countries that peaked by 2010 grew to 49, representing 36 per cent of global emissions (based on 2010 emissions data). This includes several more European countries such as Austria, Iceland, Ireland, Spain and Portugal, as well as Brazil (which peaked in 2004), Australia (which peaked in 2006), and the United States and Canada (both of which peaked in 2007).
53 countries representing 40 per cent of global emissions (based on 2010 emissions data rather than 2020 projections) peaked or have a commitment to peak by 2020. Countries with commitments to peak as part of their Copenhagen Accord pledges for 2020 include Japan, the Republic of Korea, Malta, and New Zealand. By 2020, almost all developed countries are expected to have peaked. 42 of the 43 Annex I countries under the United Nations Framework Convention on Climate Change are expected to peak — all except for Turkey.
China, the Marshall Islands, Mexico and Singapore have unconditional climate pledges under the Paris Agreement that imply a peak in emissions by 2030 (China’s commitment is for CO2 emissions only). This brings the number of countries that have peaked or have a commitment to peak by 2030 to 57, representing 60 per cent of global emissions (based on 2010 emissions data rather than 2030 projections).
To be conservative, our analysis only considers countries with unconditional targets as having a target that implies a future peak. Additional countries that have targets that imply an emissions peak by 2030 but are contingent on receiving international support include Bhutan, Botswana, Ethiopia, Grenada and South Africa. The inclusion of these countries would increase the per cent of global emissions covered by peaking countries from 60 to 61 per cent in 2030.
Accelerating Climate Commitments
While this trend is encouraging, it’s not enough. Research suggests that to have a likely chance of staying within the 2°C limit for the least cost, global GHG emissions need to peak by 2020 at the latest. The world’s ability to limit warming to 1.5 or 2˚C depends not only on the number of countries that have peaked over time, but also the global share of emissions represented by those countries; their emissions levels at peaking; the timing of peaking; and the rate of emissions reductions after peaking.
Countries must make and achieve commitments to peak their emissions as soon as possible, set their peaks at lower emissions levels, and commit to a significant rate of emissions decline after peaking.
Countries can make these commitments when communicating or updating their nationally determined contributions under the Paris Agreement in 2020. Doing so will help ensure that countries’ emission reduction commitments bring global emissions to the level needed to meet the Paris Agreement’s temperature goals, and avoid the most dangerous impacts of climate change.