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COP28: For a positive vision of the energy transition


By ENGIE - 29 November 2023 - 19:06

The 28th Conference of the Parties on Climate Change, known as COP28, is taking place in Dubai, United Arab Emirates, until December 12.
Here's all you need to know about ENGIE at COP28.


Follow ENGIE at COP 28



In Dubai, United Arab Emirates, nations are gathering to negotiate commitments identified by the COP organizer: tripling renewables, financing ecological transition, aiding countries in the Global South, and adapting to climate change. 
Beyond the negotiation tables, NGOs, civil society, and businesses are invited to listen and contribute to the discussion. Despite accelerated global efforts aimed at decarbonization, the objectives of the Paris Agreement are not on track to be met. According to the UN, current policies will lead to global warming of around 2.6°C by 2100 if we fulfill our commitments, and 3°C if we continue on our current trajectory.

Certainly, a positive momentum has been established: since the Paris Accords, states have initiated action plans covering 95% of global greenhouse gas emissions. Half of the emissions can already be eliminated thanks to identified and operational levers. However, inflation, the energy crisis, and geopolitical tensions are disrupting this momentum. Moreover, some actors are concerned about the cost of the energy transition and are calling for a reduction in global ambitions. Yet, the stakes are high, and urgency is paramount.

ENGIE holds a central responsibility in addressing climate challenges and assisting each of its clients in their decarbonization journey. Participating in COP28 reflects this profound belief that the transition is possible, realistic, and even desirable for all. We must move forward, together, and at a steady pace.

See ENGIE’s COP28 Agenda



Why is ENGIE Participating in COP28?

In this uncertain yet pivotal context, it's crucial for ENGIE to contribute to the discussion. The world is in search of practical and effective solutions. As a global energy player, with expertise in electricity and gas, infrastructure, and flexible assets, the Group can demonstrate that solutions to the climate urgency are proven and within our reach.

ENGIE has a unique voice to bring to COP28. For us, the energy transition is realistic and accessible. ENGIE's 96,000 employees work every day to develop solutions for climate change.


Julia Maris, Group CSR Director, presents our vision of the energy transition.

The Trajectory for a 2030 Well Below 2 Degrees 

The Group pursues a credible and ambitious decarbonization strategy aimed at achieving carbon neutrality across its three scopes by 2045, five years ahead of the recommendations by the IPCC*. This includes emissions from ENGIE's suppliers and customers.

In 2022, the Group emitted 174 million tons of CO2 equivalent, encompassing all greenhouse gases. This figure represents a 33% decrease since 2017. ENGIE continues to implement its decarbonization roadmap with clear, quantified, and time-bound commitments for 2030.

*IPCC: Intergovernmental Panel on Climate Change


Scope 1, Scope 2, Scope 3: Understanding How to Calculate Carbon Emissions with Clément Tremblay, Group Climate Manager.

Our 4 Action Levers for Achieving Net Zero Carbon by 2045

In response to climate change, ENGIE's strategy is based on 4 decarbonization levers:

  • Phaseout of coal by 2025 in Europe, and by 2027 globally.
  • Massive development of renewable energies with a target of 80 GW of installed capacity by 2030, representing 58% of our energy mix by that date.
  • Development of renewable gas: We believe in the synergy between electrons and molecules, which ensures a resilient and affordable system. ENGIE is convinced that all energies will be necessary for a successful and affordable transition. By 2030, ENGIE aims for 4 GW of low-carbon hydrogen and an annual production of 10 TWh of biomethane.
  • Expansion of battery storage capacities: Batteries support and complement the growth of renewable energies by providing flexibility and thus resilience to the system. ENGIE's ambition is to develop 10 GW of batteries by 2030.

ENGIE's Scenario for Decarbonization of Europe by 2050


Our Commitment to Protecting Biodiversity

ENGIE is a member of Act4Nature, a business initiative dedicated to nature conservation, and a signatory to the Global Pact for the Oceans. 

In its roadmap, ENGIE commits to reducing water consumption in its production activities by 70% by 2030 (compared to 2019). With its TED label certified by Bureau Veritas, ENGIE ensures that biodiversity is an integral part of its projects.

Discover our climate commitments


Oceans: ENGIE Committed to Fighting Plastic Pollution

Trapping plastic before it reaches the ocean: that's the crucial task undertaken by ‘The Great Bubble Barrier,’ a Dutch startup founded in 2017 and supported by the ENGIE Foundation. To combat the challenge, they've developed a Bubble Barrier, an innovative device that brings plastic to the surface and directs it towards the shore for collection. On November 25th, a new Bubble Barrier was inaugurated in the city of Vila do Conde, Portugal. According to preliminary studies, the Bubble Barrier can capture up to 86% of waste from the Ave River before it flows into the Atlantic Ocean.

Learn more



Innovating to Prepare for the Future

It's a belief championed by companies at COP28: the transition cannot happen without innovation. From low-carbon hydrogen production to geoengineering and the development of the circular economy, ENGIE is at the forefront. Since 2016, the Group's scientific experts have been publishing an annual report on emerging solutions aimed at combating climate change.

>> Explore ENGIE's report on Emerging Sustainable Technologies, 2023 edition <<

>> What ENGIE’s researchers are doing? <<

Batteries, Renewable Gas, Cooling Networks: ENGIE's Key Decarbonization Projects

Flexibility in Action

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In Sun Valley, Texas, ENGIE combines a 250 MW photovoltaic solar plant with a 100 MW battery storage system. This allows for a combination of renewable energies and system flexibility. A project that exemplifies the Group's integrated model.

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Biomethane to Power Container Ships

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In Le Havre, France, ENGIE is developing, in collaboration with the maritime transport group CMA CGM, a second-generation biomethane production unit . This marks the first step in a joint ambition to produce up to 200,000 tons of renewable gas a year worldwide by 2028. At COP28, this project is part of the Energy Transition Changemakers initiative, which recognizes innovative decarbonization projects.

ENGIE, Number One World Leader in Cooling Networks

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As the global leader in infrastructure for producing and distributing chilled water to cool a group of buildings, the Group is operating the urban cooling network for the city of Paris from 2022 to 2042. In Singapore, ENGIE designs the cooling network for the digital district of Punggol. In Makati, Philippines, the 259-meter high PBCom Tower has chosen ENGIE to optimize its energy performance.

Improving Hydroelectric Production Forecasting with Artificial Intelligence

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Engie new ventures


On November 30th, ENGIE New Ventures, the Group's Research and Innovation investment fund dedicated to innovative startups in the energy transition, invested in US company Upstream Tech. They've developed software for predicting hydraulic flow based on neural network models. ENGIE will use this application to optimize its global portfolio of hydroelectric assets. Additionally, Upstream Tech has designed a satellite and aerial imaging monitoring platform, further enhancing ENGIE's environmental risk management.


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