ENGIE makes climate its priority
As the 195 parties to the COP21 Business & Climate Summit reached an historic agreement last December to limit global warming to within 2°C, ENGIE made the energy transition its central strategy. Find out more about the stance of the Group and the low carbon solutions it offers for effectively combating climate change.
Although CO2 emissions had stabilized from 2014 to 2016, they are now rising again. In 2017, they are expected to increase by 2% compared to 2016, according to estimates by scientists at the Global Carbon Project. While it is unlikely that these emissions will reach sustainably high growth rates, experts are warning that the COP21 commitments will not succeed in restricting global warming to 2° C.
Rachel Kyte, Special Representative of the UN Secretary-General and CEO, Sustainable Energy for All, and Isabelle Kocher, CEO, Engie will be in conversation in the Facebook Live studio at COP23 discussing key energy related issues, including energy access, business action and the nexus of urban transport and energy.
This annual climate meeting is critical. Its aim is to define how governments could effectively implement their pledges to cut emissions, set out in Paris in 2015. Negotiations will also address the climate finance issue of how to invest in low-carbon projects and help poorer countries cut their emissions.
On the occasion of COP23, ENGIE is reaffirming its commitment to fight against global warming and is pursuing its low-carbon strategy. Two years after the historic agreement reached in Paris at COP21, the 23rd United Nations Framework Conference on Climate Change will be held in Bonn from November 6 to 17, 2017. This will be an opportunity to negotiate the rules of application of the Paris Agreement, signed by 195 countries and ratified to date by 168 countries, converting commitments into actions.
Organized in conjunction with the Moroccan Business Confederation (CGEM), the French Business Confederation (MEDEF) and the Terrawatt Initiative, the first Solar@COP conference was held as a side event at COP22 in Marrakech on Tuesday, November 15. ENGIE CEO Isabelle Kocher was one of the industrial, political and financial leaders invited to speak on the subject of solar energy as a key solution in the fight against global warming.
The Group has been included in the “A list” of international companies recognized by the British rating agency CDP as leaders in terms of their energy transition strategies. Engie CEO Isabelle Kocher considers flagship measures taken by the Group since 2015 to reduce its greenhouse gas emissions.
Aware of its responsibility and the major role it has to play in the energy transition, the Group defended the need to reach a fair worldwide agreement that will limit global warming to 2°C between now and 2050.
COP23 on Twitter
With 40% of the world’s electricity still generated from coal, phasing out coal is one of the most important… https://t.co/YuoDlNxWJO