Category: New Energies

G20/Business 20 : The Bridge Tank takes part in the B20 India Inception Meeting

After Indonesia’s tenure in 2022, the turn of the year saw India assume the presidency of the G20 for 2023.

From 22 to 24 January 2023, the city of Gandhinagar in Gujarat, India, hosted the Inception Meeting of the Business 20 (B20) Engagement Group of the G20 to discuss the global economy and some of the most pressing issues facing our world with the business community. The meeting gathered Indian Ministers and delegates, as well as influential international business leaders and policy makers.

As a member to the B20, The Bridge Tank attended the summit in Gandhinagar, represented by its chairman Joel Ruet. Besides the public sessions at the Mahatma Mandir, the Inception Meeting notably marked the launch of the B20 Task Forces and Action Groups, to which The Bridge Tank will be an active contributor in the year to come.

Focussing its participation on three great themes: sustainability, research & innovation, and bridging the gap between Africa and the G20, at the invitation of the Indian Presidency of the G20, The Bridge Tank is now member to both the B20 India Taskforce on Energy, Climate Change and Resource Efficiency, and the B20 India Action Council on African Economic Integration.

Joel Ruet at the B20 Inception Meeting
Setting the tone for India’s 2023 G20 presidency

Organised by the Confederation of Indian Industry (CII), which has taken up the B20 India Secretariat, the Plenary Sessions of the B20 Inception Meeting, held at the Mahatma Mandir on January 23rd, set the tone for the summit and for India’s year presiding over the G20.

The inaugural session highlighted the vision, thematic priorities, and values which will drive the B20 India. Mr Chandrajit Banerjee, Director General, Confederation of Indian Industry (CII), reminded participants of the acronym R.A.I.S.E – Responsible, Accelerated, Innovative, Sustainable and Equitable business – which will serve as the cornerstone of B20 India.

“The theme of the B20, which has been formed under the umbrella of G20 Presidency of India, is R.A.I.S.E. – Responsible, Accelerated, Innovative, Sustainable and Equitable business.”
Mr Chandrajit Banerjee
Director General, Confederation of Indian Industry (CII)

During his opening address on the requirements to deliver a successful B20 India, Mr N Chandrasekaran, Chair, B20 India, and Chairman, Tata Sons, stressed the role of reducing inequality thanks to digital transformation. He went on to underline some of the main priorities identified for B20 India, including sustainability, energy transition, mobility, biodiversity, water management and the UN SDGs.

"B20 presidency is an opportunity for India to showcase and share best practices as well as work towards developing specific recommendations on bringing equality using digital transformation.”
Mr N Chandrasekaran
Chair, B20 India & Chairman, Tata Sons
Sustainability and energy transitions:  B20 India Taskforce on Energy, Climate Change and Resource Efficiency

The centrality of the fight against climate change and the place of energy transitions and sustainable development in the B20 India priorities were introduced during the plenary session by Mr Som Parkash, Hon’ble Minister of State for Commerce & Industry​.

Minister Parkash said that “India, under G20 Presidency, needs to work towards prioritizing fight against climate change and environment degradation through efforts to reduce greenhouse gas emissions and promote clean energy.”

This priority, in line with B20’s R.A.I.S.E motto, was echoed one day later, on January 24th, during the first meeting of the B20 India Taskforce on Energy, Climate Change and Resource Efficiency, which The Bridge Tank attended as a member of the Task Force.

The meeting, chaired by Mr T V Narendran, B20 India Co-Chair of Taskforce on Energy, Climate Change and Resource Efficiency and CEO & MD Tata Steel Ltd, presented the task force’s priorities and expected outcomes.

Hoping to accelerate energy transitions, resource efficiency, and adaptation measures in G20 economies, the task force’s priorities were pointed out to be in broad alignment with G20 priorities on climate change.

The goal is thus to address the following key issues :

  1. global net zero transitions;
  2. energy security and energy access;
  3. just transitions;
  4. circular economy and resource efficiency;
  5. climate finance and technology innovation;
  6. adaptation and resilience.
“India, under G20 Presidency, needs to work towards prioritizing fight against climate change and environment degradation through efforts to reduce greenhouse gas emissions and promote clean energy.”
Mr Som Parkash
Hon’ble Minister of State for Commerce & Industry

The Task Force’s Priorities cover a variety of themes including:

  • Enhancing global cooperation in accelerating net-zero transition through global industry-specific coalitions, and channelling investments and financing towards global priorities and pathways;
  • Improving investments, development and commercialisation of green-energy technologies;
  • Improving climate finance through new financing pathways for energy transition, setting clear energy mandates for multilateral development banks, and harmonizing the development of national carbon markets;
  • Improving resource efficiency through regulatory frameworks, policies, business and financing models which encourage circular economy;
  • Implementing adaptation policies taking ecosystem-based approaches to provide resilient infrastructure, ensuring gender-inclusive adaptation, and mobilising finance for the implementation.

The expertise The Bridge Tank has accumulated over the years in energy trajectories and energy transitions, in addition to its various research and consulting projects centred on climate finance and blended finance but also contributing to the development of circular economy and sustainable development models will serve as valuable building blocks of The Bridge Tank’s contribution to the B20 Task Force, which will meet again on 14-15 March 2023.

Connecting Africa and G20: B20 India Action Council on African Economic Integration

Addressing B20 India’s efforts to represent the issues relevant to the global economy, Mr Sanjiv Bajaj, President of CII & Chairman & Managing Director, Bajaj Finserv Ltd, introduced the audience of the Plenary Session to the focused agenda and Action Council on the Economic Integration of Africa, which hopes to strengthen ties between African economies and the G20.

As a long-time advocate for a greater integration of the African continent in G20 actions and now a contributing member of the B20 India Action Council on African Economic Integration, The Bridge Tank salutes this initiative.

On January 24th, the last day of the Inception Meeting, The Bridge Tank thus also took part in the introductory session of the B20 India Action Council on African Economic Integration, which discussed the objectives and priorities of the council.

The meeting raised three main expected outcomes to bolster the economic integration of the African continent:

  1. The formulation of a Technical Assistance Facilities (TAFs) Programme by G20 members, in order to accelerate the AfCFTA implementation through technical and financial assistance to the 54 African nations
  2. Commitments by G20 states to each enter into customized Preferential Trade Agreements with at least 20 African nations (with a minimum of 100 tariff lines on products or services being liberalized in each of these agreements)
  3. Commitments by G20 states to each launch a minimum of 3 development finance programmes benefiting at least 5 African nations (either bilaterally or through multilateral institutions), covering themes like: industrial park programmes, energy or transport infrastructure projects, health, education and skilling initiatives, or micro, small, and medium enterprises funding programmes.
Expanding on these expected outcomes, Joel Ruet, Chairman, The Bridge Tank, put forward the idea of an origination fund for climate resilience & adaptation projects originating from and funded by the G20. In addition to that, the G20 could help derisk projects originated from African countries and companies.
 
The Bridge Tank will continue its efforts within both the the B20 India Taskforce on Energy, Climate Change and Resource Efficiency, and the B20 India Action Council on African Economic Integration in the coming months.

The Bridge Tank continues its involvement on hydrogen at COP 27 through a high-level panel on African Green Hydrogen Hubs

The Bridge Tank’s continued engagement on questions of hydrogen has put it at the forefront of public debate on the matter. Over the years, this has resulted in a number of publications on hydrogen (our report & our policy brief), and led to The Bridge Tank being the only think tank invited to the launch of the Hydrogen Council in Davos, in 2017.

This active involvement and expertise on hydrogen was once again put to use during this second week of COP 27 in Egypt.

The Bridge Tank, represented by Dr. Joel Ruet, President, and Dr. Hakima el Haite, board member, took part in a high level panel discussion co-organised by the International Solar Alliance and Liberal International on “Energy, Green Hydrogen in Africa; Perspectives for Solutions” in Sharm el Sheikh, on November 15th, 2022.

The meeting brought together prominent leaders from the political sphere to establish strategies for the African continent to sustainably harness its existing resources and meet its growing energy demand, while following a sustainable path to a net-zero future and delivering on the Sustainable Development Goals. This energy demand is a necessary component of the continent’s economic development and offers a way to lift many of its citizens out of poverty.

Participants to this high-level panel discussion included representatives from various government organizations, private sector actors, political figures, and members of the French and American press. Among these were the CEO of the Namibia Investment Promotion and Development Board, advisor to the President of Namibia, a representative of the Minister of Energy of Mauritania, a representative of the National Agency for Renewable Energies of Senegal, and the Vice-President of the Energy Commission of the Parliament of Portugal.

Further participants included the Secretary General of the International Youth Nuclear Congress (IYNC), the Director General of Energies 2050, and various members of Liberal International and investment representatives.

 

The discussions built on a presentation provided by the International Solar Alliance (ISA), which offered insights into a study on the possible development of green hydrogen hubs in Africa by 2030-2035. Financed by the European Investment Bank and supported by Liberal International, this study was conducted by the ISA, an organisation of about 120 nations launched in 2015 by Narendra Modi, Prime Minister of India, and Francois Hollande, Former President of France.

The study provides an innovative approach to green hydrogen production and hydrogen export perspectives for African countries, defining the creation of a local market as a necessary prerequisite for a stable long-term export strategy. This local hydrogen market would rely on a local industrial demand from “hard-to-abate” sectors (e.g. for the steel industry, ammonia production, energy, or mining), for which decarbonation is of intrinsic value.

Green hydrogen would be produced through water electrolysis making use of solar energy. With water being a rare commodity in the region, the strategy plans to make use of desalinated sea water. Production sites would therefore be near the sea and create local hydrogen ecosystems with industrial sites.

The energy needed for desalination would be covered by the produced green hydrogen, making for a cost- and energy-efficient production method. It would also be possible to desalinate more water than is needed for hydrogen production. This water could then be used for irrigation or be directly incorporated in urban water supplies, alleviating water stress on the African continent.

This plan is no mere abstraction but presents concrete and proven opportunities, as 14 such plants are currently being developed by HyDeal in Spain and Portugal.

Exporting hydrogen to Europe would thus only be a factor of interest at a later stage, after the establishment of a resilient and effective hydrogen ecosystem at the local level.

While many national strategies and studies focus on Africa’s potential as a producer and exporter of green hydrogen to Europe, this study provides the missing link to the establishment of such a production. It offers a way to secure and stabilise early local production through the creation of a domestic market. The potential of hydrogen would thus firstly be harvested for domestic consumption and industrial use within African countries before being used for exports.

In addition to that, this approach would create efficient and stable hydrogen ecosystems, relying on greater acceptance by the local population and industrial actors. This in turns provides national green hydrogen export programs with increased stability, granting them a strategic autonomy which would free them from a dependency of the international market, price variations, or uncertainty surrounding electrolyser technologies.

On the European side, this strategy would also allow economic hedging and greater scale-up efficiency.

The study offers a detailed and methodologically comparable assessment of possible hydrogen hubs in Africa. While it was primarily conducted in Egypt, Namibia, and Mauritania, the study’s conclusions can be replicated and expanded to other countries on the continent.

 

The Bridge Tank at the “Nouvelles d’Afrique” Forum of the Prospective and Innovation Foundation

On May 30 and 31, 2022, the Forum “Nouvelles d’Afrique “Réagir et s’unir” was held in Montpellier, co-organised by the Prospective and Innovation Foundation, chaired by Jean-Pierre Raffarin, Montpellier Méditerranée Métropole, the City of Montpellier, and the Foundation for studies and Research on International Development (FERDI). The Bridge Tank joined in the discussions through its chairman Joël Ruet, who participated in a session on the financing of agriculture.

The African continent is currently facing major challenges: rivalries between major powers and intra-continental divisions, economic and financial turbulences, the challenge of the ecological transition and its financing, and the need to make up for lost ground in agriculture and achieve food self-sufficiency. It is against this backdrop that the Forum sought to contribute to a process of global action and collaboration around Africa’s major projects, mobilising African and European expertise.

On 31 May, Day 2 of the Forum, Joël Ruet, Chairman of The Bridge Tank, took part in a round table discussion entitled “Financing agriculture in the face of the dual urgency of producing and protecting the environment”, moderated by Jean-Marc Gravellini, former Director at the French Development Agency (AFD) and Senior Fellow at FERDI.

Participants to the roundtable discussion included :

  • Pierre ARNAUD, Former Director at AFD, former Vice-Chairman of Compagnie Fruitière;
  • Joël RUET, Chairman, The Bridge Tank, former Special Advisor to the Minister of Agriculture and Rural Equipment in Senegal;
  • Patrick CARON, Vice-President for International Relations at the University of Montpellier, President of Agropolis International;
  • Francis DOSSOU SOGNON, CEO of AgroSfer.

During the session, Joël Ruet noted that “a large part of the African continent is now taking the lead on climate change adaptation issues”. For this to happen, it is essential to understand and integrate the dynamics of the African financial system, an idea developed by The Bridge Tank in an issue brief published a year earlier on financing the African economy.

During an earlier session on the economic challenges of the green transition in Africa, Hervé Machenaud, former Director of the Asia-Pacific branch of the EDF Group, said that the African continent should not be in “energy transition” but in “green development.” Addressing the issues of energy and agriculture, Mr Machenaud insisted on the considerable potential of renewable energy in Africa, adding however that agriculture in Africa will require controllable energy, with rationalised and optimised fossil fuels being part of the solution. In both these areas, Europe stands to gain from transferring its technologies to Africa, because technology develops in developing markets.

Joël Ruet
Hervé Machenaud
To rewatch the session and discussions:

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.

Analytical report: China’s value chain strategy on cobalt – lessons for EU

Strategic materials are ubiquitous in all sectors relevant for the green economy and the energy transition. Regarding cobalt, it owes its current visibility to its increasing use in low carbon technologies, also called green technologies (renewable energy and rechargeable batteries). Cobalt is used as an input in the magnets of wind turbines, and for the production of the cathodes of lithium-ion and nickel metal hydride batteries, which are then incorporated in electric or hybrid vehicles. In the current context of the electrification of mobility, cobalt is therefore regarded as a strategic material. The production of cobalt is however one of the prime examples of the unequal distribution of the earth’s resources, the metal being extremely concentrated in one country: the Democratic Republic of Congo (DRC), who represents 70% of global production, and the DRC’s reserved are controlled substantially by what has now become an unavoidable actor in the cobalt value chain: China.

As a continuation of our work on analysis China’s materials strategy, we have developed a report to analysis how China has imposed itself on the cobalt value chain, both upstream and downstream, and has progressively managed to build itself a comparative, if not absolute, advantage. This report aims to conduct a combined analysis of the strategies that have been implemented both by the Chinese government as well as industrial actors in order to gain this hegemonic position on the value chain. These strategies have allowed for the constitution of a resilient and dominant Chinese ecosystem around the cobalt value chain on the international stage.

Read our report here

Side event “From COP 26 Glasgow Commitments to COP 27 Egypt Opportunities: The MENA perspective Confirmation”: participation of our Board Members

On the occasion of the first edition of the UNFCCC MENA Climate Week, from 28th – 31st of March, hosted by the Government of United Arab Emirates, Liberal International, of which The Bridge Tank is a member has organized a virtual side event on 29th of March named: From COP 26 commitments to COP 27 opportunities: The MENA perspective.

The purpose of this event is to tackle the challenges and opportunities stemming from the shared commitment that was agreed at COP 26 in Glasgow, while looking ahead at COP 27 Egypt as an opportunity to increase ambitions. Moderated by the President of the Liberal International, UN High-level climate champion and our Board Member, Hakima El Haite asked a series of questions to each of the speakers.

Among them, our Board Member, Stéphane Gompertz was present in his capacity as former French Ambassador in African countries and Special Envoy for COP 21. He was first asked to give his perspective for the COP 27.

His vision for the next Conference of the Parties reflects the difficulties of raising the climate ambition and maintaining efforts in a context of tensions (COVID-19, War between Ukraine and Russia and War in Yemen). The different crises and current wars shift the priorities of the states and public spending. Money is spent more on wars than for climate action. The political ambitions aren’t now and won’t be as high as it was during the COP 21 and the COP 22. The COP 27, will take place in Sharm El-Sheikh in Egypt, will have the difficult task of pushing the Parties’ effort to:

  • Help to pursuit government and public opinion to have a look in the future.
  • Push for solutions.
  • Continue to promote good practices in the field of adaptation.

Stéphane Gompertz then explained what should be done to keep the 1.5°C? He said that we have to look ahead. States act in the short and long term. Energy is a good example. In a short term basis, countries will use more fossil fuel. In a long term basis, we will see the positive effect on energy policy. For instance, France undertakes nuclear, without it, it won’t be enough effort to commit climate targets. However, the question of nuclear power is again debated in France in this electoral and the War between Ukraine and Russia context. But it is important to measure the risks over time: living with temperatures above 2-3°C or living with an energy mode low in CO2 emissions.

Mrs. Susana Rivero Baughman, who is the Foreign affairs and Cooperation Adviser at the Secretary of Climate Action, Government of Catalonia gave a short presentation of International Liberal’s action to Climate Justice Committee, which has recently adopted a policy paper “Liberal Perspectives on Climate Justice”. Mrs Baughman expressed the lack of actions between climate change and human rights and this is what the International Liberal is willing to do by developing a Policy Lab and strengthening their presence in COPs and international forums. She finally highlighted that the COP 27 will offer plenty of opportunities for Africa.

Mr. Sveinung Rotevatn, who is Former Minister of Climate and Environment in Norway, developed an evaluation form the COP26’s achievements. For Mr. Rotevatn the COP 26 was a success for 3 reasons:

  • Finish the Rule Book of the Paris Agreement, which constitutes a common framework among Parties.
  • Increase ambition. Bigger emitting countries increase their ambitions, most countries raise their ambitions in NCDs, the USA are back in the Paris Agreement and we keep the 1.5°C objective alive.
  • Sufficient commitment to increase finance: developing world can have confidence from the financing mechanisms. Industrial countries promise to double their climate finance. Pledges were made and it was well received from most developing countries.

He then explained that after 2 years of global pandemic, we have not lost the long term aspect of the climate crises. He then emphasized that Norway is one of the leading financiers and that the country will double its efforts in climate finance, notably for the preservation of tropical rainforest and mitigation and adaptation. He finally said that pollution tax is a necessary tool for a fair transition and support climate transition at country level, whereas at the global level, climate finance is a necessary tool.

Mrs Rania Al-Mashat, who is the Minister for International Cooperation of Egypt explained what will be the objectives and opportunities for the COP 27 in three messages:

  • The COP 27 is going to be impartial, even though this COP is organized in Africa.
  • Adaptation & resilience will be central and was one of the main outcomes from COP26.
  • Commitment to actions.

Mrs. Al-Mashat emphasized the outcomes from Glasgow, asking open questions that will need to be answered at COP 27.The private sector’s role need to be increased: “We are going from billions to trillions”. It is also important to think about how can we operationalize what it have been pledge. How to derisk green investments? How can we create opportunities for the blended finance? There is not enough operationalize projects financed. How can we leverage from successful countries and to replicate them?

The Bridge Tank Report – Renewable Energy auctions in Kazakhstan in light of Brazil, South Africa, Turkey, India and Germany

In the context of our accelerating and transforming economic and energy systems, renewable energy auction systems have contributed in some manner to stimulating the renewables sector over the past decades. This is mainly due to the lower costs of new technologies, useful for emerging countries lacking investment resources, but also to the political implementation of this auction mechanism by becoming a model instrument for clean energy.

To understand renewable energy auction systems and mechanisms, we conducted an analysis to lay elements of designing a methodology support of conducting renewable energy auctions in the scope of country experiences (Brazil, South Africa, Turkey, India and Germany) in order to identity the more or less effective auction system and sort the mechanisms and processes that could be replicated in other countries, contributing to the acceleration of the renewable energy market. Based on the results, we then drew up a methodology to support auction developments, particularly useful in developing countries. To ensure its relevance, we tested it on the case of Kazakhstan.

Read here our report (English): Renewable energy auction_report_221121

Green Hydrogen prospects at COP 26

During COP26 in Glasgow, The Bridge Tank centred its contribution to the conference on the theme of green hydrogen and its potential as a decarbonised energy carrier. An active participant in COPs since COP22 and the Innovation Forum it helped organise, and the only think tank invited to the launch of the Hydrogen Council in Davos in 2017, The Bridge Tank had defined hydrogen as one of the key issues for COP26/COP15 in the run-up to the summit through a special report.

Represented by its chairman Joel Ruet and our board member Raphael Schoentgen, Founder & CEO of Hydrogen Advisors, The Bridge Tank gathered insights and shared its expertise on hydrogen through two sessions on the subject. On 11 November, The Bridge Tank took part in the Hydrogen Transition Summit, which brought together hydrogen experts from around the world to discuss the role this molecule will play in the transition to a net-zero future. Raphael Schoentgen, board member of The Bridge Tank, was one of the speakers at the summit.

Michael Matheson, Cabinet Secretary for Net Zero, Energy and Transport of Scotland inaugurated the Hydrogen Transition Summit by underpinning the role of bilateral city-region partnerships to accelerate the setting up of hydrogen supply chains.

In several regions of the world, the economic and technological conditions to scale up hydrogen are already in place, Raphael Schoentgen argued, adding that public support for hydrogen is now strong. While the carbon price matters, knowing who the financial off takers will be and having finance in equity are two key drives to scale up, he added.

Green Hydrogen Application

One day earlier, on 10 November 2021, UNIDO and the Austrian Ministry of Climate Action organised a side event on “Green Hydrogen Application: Driving growth of renewable energy and advancing inclusive energy transition” at the SDG 7 Pavilion. The event gathered:

  • Stephan Sicars, Managing Director of the Directorate of Environment and Energy, UNIDO,
  • Leonore Gewessler, Minister of Climate Action, Environment, Energy, Mobility, Innovation and Technology of Austria,
  • Rolando Castro-Córdoba, Vice Minister of Energy and Environmental Quality of Costa Rica,
  • Rebecca Maserumule, Chief Director: Hydrogen and Energy at the Department of Science and Innovation, South Africa,
  • Ahmed Benlarabi from IRESEN (Institut de Recherche en Énergie Solaire et Énergies Nouvelles),
  • Alicia Eastman from InterContinental Energy.

Minister Gewessler set a framework on increasing complementarities between electricity storage, long distance mobility, carbon pricing, and directing hydrogen in priority towards hard to abate sectors like steel. This particular use of green hydrogen has considerable potential in South Africa, Dr Maserumule noted, as it could help decarbonise the mining & chemical sectors but also public transportation in the context of the country’s revised Nationally Determined Contributions (NDC).

In Oman, the sun and wind in the desert could give rise to the production of green hydrogen and green ammonia, as well as producing water and fixing atmospheric carbon through the production of synthetic fuels.

Special Report – Moving ahead of COP26 & COP15: finance & coalitions for hydrogen & the blue economy

In the context of international negotiations on climate and biodiversity (COP26 and COP15), The Bridge Tank has developed analyses on global priority topics, these international conferences of which are considered as some of the most urgent.

This report aims to contribute to the global and diplomatic discussion on climate change and biodiversity challenges. Through deep academic and scientific review, we designed method, foresight, and recommended solutions, divided into 4 chapters. The first two chapters put forward positions, structuring and global elements on adaptation, finance and governance while forcing action at different scales. The second two chapters develop scientific, industrial and technical theories on operational subjects.

The first chapter addresses the ADAPTATION FINANCE mechanisms with a specific focus on blended finance as an efficient tool to finance emerging economies. Our analyses allow us to identify various tools for scaling up climate action.

The second chapter deals with the innovative approach of COALITION into the climate change negotiations toward bottom up and regional coalition by involving non state-actors.

The third chapter focuses on the place HYDROGEN can take in the energy transition as an upcoming energy vector. It underlines the specific economic and political dynamics that characterize the hydrogen ecosystems and puts forward possible bottlenecks that could impede its effective scale up for industry uses in the coming years.

The last chapter explores the need to work towards a transition to a BLUE ECONOMY in coastal territories worldwide and more specifically in the Indo-Pacific. This chapter highlights the fact that the ocean industrialization needs to be limited and coastal ecosystem and blue economy value chain should be better integrated.

 

Edited by: Malaurie Le Bail and Joël Ruet

Contributors: Baudouin Becker, Clarisse Comte, Florian Dommergues and Malaurie Le Bail

Proofreading and graphic design: Jacqueline Duan

Read here our report: Final report_climate change and biodiversity_TBT_Nov21

COP26 Side Event – Liberal International’s Declaration for Climate

On 8 November 2021, The Bridge Tank, an Observing Member to Liberal International participated to an online roundtable event on the fringes of COP26, hosted by ALDE Party and Liberal International.  Liberal policymakers and representatives from partner organizations congregated to share their views and exchange information on the ongoing United Nations Conference on Climate Change. The event was chaired by ALDE Party acting co-President Timmy Dooley and President of Liberal International Hakima El Haité.

The participants discussed the role of liberals when it comes to influencing the sustainability agenda in the next years, with a particular look at the first week of negotiations and an eye towards the second and final round of negotiations. Moreover, they also stressed the importance of the liberal voice, including younger generations, when it comes to building back better from the pandemic and generating jobs and growth as well as for the respect of rule of law across the globe.

At the end of the roundtable, the participants adopted a pledge calling on states to increase their climate ambitions. In this pledge, the participants called for stronger international cooperation to raise climate commitments and implement them, called on states to submit more ambitious NDCs, and urged for more technical and financial support to be granted to developing states to improve their capacity to take climate action. 

“Protection of global biodiversity is also essential to combat environmental degradation and climate change. Our planet is currently facing its sixth mass extinction as a consequence of human activity, and it is disrupting ecosystems around the world, threatening our food production, and increasing risks of pandemics. We must take bold and rapid action now to change this, and therefore call on states to include biodiversity protection as a central part in their climate action plans.

The time for talk is now over – the only option left is action.”

Read the full pledge on Liberal International’s website.

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