The Bridge Tank at the BOAO Forum for Asia 2022: Promote Energy Integration and Build Green World

The BOAO 2022 Forum was held from April 20 to 22 in a hybrid mode, aiming to conduct an open dialogue in a post-COVID world and on the prospects of common development in the world of tomorrow.

Since 2018, The Bridge Tank has participated in the annual “Chinese Davos” event. Our President, Joel Ruet spoke at a high-level panel in the presence of Mr. Ali Obaid Al Dhaheri, Ambassador of the United Arab Emirates to China, Mr. Baodong Li, Secretary General, BOAO Forum and former Vice Minister of Foreign Affairs of China, Mr. Mr. Jizhen Liu, Academician of Chinese Academy of Engineering and Director of State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, Mr. Hailiang Song, President of China Energy Engineering Group Co, Mr. Jianhua Hu, President of China Merchants Group and Mr. Haiping Xiang, Chief Engineer of China National Energy Administration.

In his speech, Joël Ruet spoke about the global issues related to energy integration and trajectories. He stressed the importance of “deep decarbonation technologies” in accelerating net zero emissions by 2035-2040. Until then, he added that each country or territory will have a role to play to have its own “transition trajectory”, not only adding renewable energies but also integrating them into the networks with a more rational and efficient use.

Joël Ruet addressed the issue of adaptation, which must no longer be looked separately from other issues. He illustrated his remarks through the example of carbon sinks, which have be created from optimized ecosystems everywhere, not only in forests, but also in savannahs or mangroves.

Dr. Ruet also demonstrated that energy trajectories are already low-carbon, which is particularly the case for Africa and most of the G77 countries. It is important that these trajectories are recognized as such and therefore funded by the North and that technology and know-how transfers are funded accordingly.

In response to the question of how to implement global support to energy trajectories of the global south, the President of The Bridge Tank proposed two solutions: first, allow the South to manage itself with more funding to create local champions, keep the gas trade open to them, and ensure that their carbon sinks are recognized as an incentive to develop them; and second, enable their local financial entities to play a larger role by recognizing that “risks” are over rated there in comparison to actually high profitability.

As in the 2021 edition, Joël Ruet was one of the three French speakers, representing the circle of Think Tanks, alongside Jean-Pierre Raffarin and Henry Giscard D’Estaing, who respectively represented the political and economic worlds.

Read here the agenda of the BOAO Forum 2022.

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