The UN General-Secretary asked Denmark to take a leading role ahead of the climate summit in New York September 23, 2019. Denmark has specifically been asked to lead the effort towards a global transition to sustainable energy. Especially investments in clean energy sources in economically emerging countries and developing countries will be focus points.
It is important to speed up the global transition in order to reach the ambitious goals presented in the Paris Agreement. Emerging countries, as well as developing countries, need to make notable changes in their energy sector for the agreement to be successful. Cooperation and knowledge sharing is essential for the poorest countries to gain both economic and social sustainability during a global transition.
State representatives, multilateral development banks, private corporations and investors as well as civil society will be present at the climate summit in order to exchange ‘best practice’ and tangible solutions to set focus on more ambitious goals and a quicker sustainable transition. Denmark has been asked to lead the part of the climate summit regarding a global conversion to sustainable energy sources.
Denmark will be leading the sustainable energy part alongside Ethiopia and the organisation Sustainable Energy for All (SEforAll). The focus will be on sharing experiences, specific solutions and partnerships regarding renewable energy, energy efficiency, access to energy sources and sustainable development.
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Continuation of P4G commitment
The Danish commitment at the climate summit is the continuation of last year’s P4G summit in Copenhagen and our many years of experience with development cooperation. The Danish effort is focused on supporting emerging economies as well as the most vulnerable countries in their transition towards a climate-friendly energy sector.
“Denmark seeks to promote the best ideas and specific solutions within scalable energy conversion to benefit as many as possible. We need to act faster, be innovative, foster public-private partnerships – such as P4G – and make private investments in order to reach the goals of the Paris agreement. Especially in developing countries where the challenge is greatest. Denmark has so much experience and knowledge in this area”, said Ulla Tørnæs, Minister for Development Cooperation of Denmark.
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Clean energy a necessity
The energy sector is responsible for approximately 80 per cent of global CO2 emissions, which makes the green transition crucial. At the same time, it is one of the areas where Denmark has a lot of experience, e.g. by mobilising private investments among other things. Denmark has taken the initiative to launch an investment coalition for Clean Energy (Ren Energi) to ensure ambitious obligations and investments regarding clean energy from countries, international organisations and the private sector.
“We need to handle climate change, which is why a global green transition of the energy sector is essential. The need for massive investments in modern sustainable technology is very extensive. And in order to do this, we can build on the many years of experience with securing a sustainable and cost-efficient energy system in the green transition”, said Lars Christian Lilleholt, Minister of Energy, Utilities and Climate.
The government and the special climate and energy delegation, Ditlev Engel, will the following months work on how to get countries, investors and civil society to engage themselves in the Danish energy area towards the climate summit.
- Denmark is appointed to take the lead on “Energy Transition” at “Climate Action Summit 2019” in New York September 23, 2019.
- The energy sector is responsible for approximately 80 per cent of global CO2 emissions, which makes the green transition crucial.
- Denmark works through the investment coalition for Clean Energy (Ren Energi) to ensure better conditions for investments in clean energy sources. It is crucial for a successful sustainable transition.
- P4G is a global action-oriented initiative that aims to accelerate the green transition and the implementation of the Sustainable Development Goals in developing countries and emerging economies by gathering the private sector, the public sector and civil society in public-private partnerships. Partnerships that focus on finding scalable solutions and contribute to systematic changes.