G7 agrees on ‘concrete steps’ to decarbonize electricity production


Climate and energy ministers from the Group of 7 wealthy nations (G7) pledged Friday to significantly curb the use of Coal and others fossil fuels Produced by electricitywith a goal of an “eventual” complete removal, according to a final statement seen by DW.

The announcement by Germany, Britain, France, Italy, Japan, Canada and the US, at the end of a three-day summit in Berlin, comes as Europe scrambles to find new sources of energy and reduce its dependence on oil. and Russian gas. war in Ukraine.

As we have mentioned in AmericanPost.NewsGermany, which is the current president of the G7, has insisted that finding alternative fossil fuels would not come at the expense of environmental goals.

When it took office in December, the German coalition government promised to advance the country’s coal phase-out plan by eight years to 2030 and has been pressing other G7 nations to come forward with their plans.

What exactly did the G7 ministers agree on?

What exactly did the G7 ministers agree on? What else did they commit to?

G7 ministers committed for the first time to abandon coal-fired power, which is responsible for a large part of the world’s greenhouse gas emissions.

In a joint statement, they agreed to “further commit to the goal of achieving predominantly decarbonized power sectors by 2035,” which included “concrete and timely steps toward the goal of an eventual phase-out of domestic coal power generation without decline.”

The ministers said they would raise their ambitions regarding renewable energy and “rapidly scale up the technologies and policies needed for the clean energy transition”.

What else did they commit to?

What else did they commit to?

  • The G7, which includes Japan for the first time, has agreed to end funding for overseas fossil fuel projects by the end of the year, with some exceptions such as those approved for national security and geostrategic interests.
  • Acknowledging for the first time that fossil fuel subsidies are incompatible with the goals of the 2015 Paris Agreement on climate change, the ministers said they would end subsidies for highly polluting fuels by 2025.
  • For the first time, the G7 recognizes that it must support vulnerable countries to face the effects of climate change. They committed to increasing climate finance for developing countries by 2025.
  • The ministers called on the world’s development banks to present their plans in time for the COP27 United Nations climate summit in Sharm El-Sheikh, Egypt, in November.
  • In another first, they also committed to ensuring a highly decarbonised transport sector by 2030 by increasing the use of zero-emission vehicles and pledged to decarbonise industry, particularly within the steel and cement sector.
  • The ministers said they would also boost cooperation on green hydrogen projects and the final communique also included a strong emphasis on protecting biodiversity, the oceans and fighting plastic pollution.

‘Strong signal’ to the rest of the world

German Economy and Climate Minister Robert Habeck said the deal would send a “strong signal” about the urgent need to protect the climate.

“No one here needs to be convinced that we are proud pioneers of climate protection. But we are trying to catch up with what hasn’t gone well enough in the past, and that’s also the case with climate finance.”

“That we reward climate-damaging behavior, whether through direct subsidies or through tax breaks… is absurd and this absurdity must stop,” Habeck told a news conference.

German Environment Minister Steffi Lemke said the talks were a success because “the three existential crises of our time” – climate change, global species extinction and plastic waste – were “thought out together”.

“Crises are closely linked,” Lemke emphasized, and solutions must also be worked out together.

Reacting to the promise, Alden Meyer, a senior associate at climate policy think tank E3G, said it was “good that Japan, the world’s biggest financier of fossil fuels, has now joined the other G7 countries to make a shared commitment to end fossil fuels abroad.

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Source-laverdadnoticias.com