As world leaders gather in Dubai for the 28th annual Conference of the Parties (COP), signals on the climate front are mixed. The message coming from the COP, which is hosted by the United Nations Framework Convention on Climate Change (UNFCCC), is that we are still off track in meeting the climate targets set to avoid the worst consequences of climate change.
But this is a time to capitalize on the momentum around the energy transition and get back on course. To do so, we need to re-energize the world: Transition its energy production; finance a green-energy economy that boosts prosperity and jobs around the world; and supply clean energy access to those without electricity at all.
RMI comes to COP with a legacy of applied hope that technology and market forces can bring the change we need in the world. We bring our expertise in transition finance, industrial solutions like green hydrogen, and methane reduction to pursue a just and equitable approach to the energy transition.
Featured
Events
RMI is hosting these important conversations at COP28.
Later Is Too Late: Tipping the Balance from Negative to Positive
December 6, 2023 | 5:00-6:30 p.m. GST (GMT+4)
The Global Carbon Budget shows emissions rising and time running out to deliver the Paris Agreement. As global warming pushes humanity closer to dangerous tipping points, our only way out is rapid CO2 emissions cuts and triggering positive tipping points. Around the world, concerted efforts are activating positive social, economic, political and technological shifts that are driving progress towards cleaner energy and a safer future — faster than many realise. COP28 is a vital opportunity to harness exponential change and get us back on course. Because later is too late.
Transition Finance: From Transition Plans to Transactions
December 4, 2023 | 1:00-1:45 p.m. GST (GMT+4)
While a focus on reducing financed emissions has helped drive capital towards low-carbon solutions, ‘transition finance’ is needed to accelerate and account for financing emissions reductions in carbon-intensive companies and sectors with credible transition plans. However, the topic of transition finance faces concerns over greenwashing, carbon lock-in, and a lack…
Trading Green Hydrogen to Bolster Energy Security
December 5, 2023 | 4:45-5:45 p.m. GST (GMT+4)
To prioritize energy security, we need to rapidly transition to green energy sources. At COP28, RMI is hosting a panel on the value of renewable hydrogen exports in promoting global energy security. Featuring Green Hydrogen Catapult member CEOs and policymakers from Europe and Southeast Asia, the discussion will span topics from the need for expanded public support to the unique opportunity that green hydrogen presents to match supplies in regions with ideal renewables capacity to end users in resource-constrained areas: a “win-win” situation with great potential to decarbonize heavy industry.
All
Events
Boosting Climate Resilience: Preparing and De-risking Renewable Energy Projects in the Caribbean
Although the Caribbean is host to many successful, first-of-their kind renewable energy projects, the pace and progress of the transition has been unequal across the region. Many countries remain in the demonstration step of the energy transition. This is because the majority of Caribbean clean energy projects need significant…
WasteMAP Launch: Methane emissions tracking and satellite actionable data
We are currently experiencing a triple planetary crisis of climate change, biodiversity, and pollution. When we talk about pollution, we are referring to the waste we generate. In the case of solid waste, more than 50% consists of food losses and waste. This organic waste generates methane emission. Methane is…
Advancing Ambitious Multi-Level Climate Action
The Subnational Climate Action Leaders’ Exchange (SCALE) is a first-of-its-kind initiative launched at COP27 to support cities, states, and regions in the development and implementation of net-zero, climate-resilient targets and roadmaps. It aims to empower subnational champions to drive ambition at the national and international level, leveraging action and advocacy…
Building Global Grids to Unlock a Renewable Future
The Sustainable Markets Initiative (SMI), founded by His Majesty King Charles III in 2020, has become the “go-to” global private sector organization on sustainable transition. RMI’s Ije Okeke will be speaking at this event to launch SMI’s report, “Unlocking Grids in Africa,” in the COP28 Business & Philanthropy Forum hosted…
Launching the Climate Finance Access Network in the Caribbean
RMI and CCCCC will use this event at COP28 to bring together regional leaders to demonstrate meaningful and scalable climate finance support in the Caribbean by formally launching CFAN’s inaugural Caribbean Cohort. High-level representatives from the region will speak to their needs and experiences, while CFAN’s first Caribbean advisor will share her insights from the ground in sourcing finance for distributed, resilient, and clean energy projects, thereby contributing to energy inclusion and justice and creating lasting change in project development in the Caribbean. Opening remarks from high-ranking Canadian and US representatives will set the stage for global leadership on catalyzing climate capital.
Leveraging Data to Reduce Scope 3 Emissions
While Scope 3 emissions typically constitute 70% of a company’s footprint, complex value chains and a lack of data make these hard to tackle. Access to granular, consistent and comparable data, however, is essential to enable carbon-informed decisions, increase confidence in reporting and disclosures, and track performance. RMI partners The…
Responding to the Global Stocktake: Mobilizing Finance at Speed and Scale
At COP28, climate finance is again at the top of agenda. With the release of the Global Stocktake, it is clear that urgent climate action at an unprecedented scale and pace is required to course correct and ensure Island nations’ survival. Finance is critical to enable this step change.
COP28 Film Screening: A New Climate Vision
Join RMI at COP28 for a Dubai premiere screening of the upcoming 55-minute documentary from Global Optimism and TED A New Climate Vision, featuring several RMI experts including Eduarda Zoghbi, Habiba Daggash, and Kingsmill Bond, on the topic of exponential change. After the screening, RMI’s Chief Communications…
Accelerating the Energy Transition in the Critical Decade: Raising Ambition and Implementing at Scale
The Global Stocktake synthesis report states that both collectively and individually, countries’ actions and commitments are insufficient to meet the 1.5°C goal of the Paris Agreement. With energy emissions at an all-time high and the devastating impacts of climate change being felt across the globe, world leaders are being urged to take decisive action at COP28. This includes calls for a new, ambitious target: to triple global renewable energy capacity and double energy efficiency by 2030.
Transition Finance: From Transition Plans to Transactions
While a focus on reducing financed emissions has helped drive capital towards low-carbon solutions, ‘transition finance’ is needed to accelerate and account for financing emissions reductions in carbon-intensive companies and sectors with credible transition plans. However, the topic of transition finance faces concerns over greenwashing, carbon lock-in, and a lack…
Sustainable Aluminum Finance Framework Launch at COP28
The Sustainable Aluminum Finance Framework launch is a must-attend event where finance, aluminum producers, and NGOs will discuss how this innovative framework can support banks and their clients to meet climate goals and the challenges and opportunities for sustainable finance in the aluminum sector.
Innovative Adaptive Finance
Innovation and out-of-the-box thinking are required to move the needle on adaptation finance. Organized by the COP28 presidency, this important event highlights and showcases some of the latest innovation happening toward that objective. A variety of lenders and investors are announcing new initiatives, demonstrating their commitment to raise the bar…
Trading Green Hydrogen to Bolster Energy Security
To prioritize energy security, we need to rapidly transition to green energy sources. At COP28, RMI is hosting a panel on the value of renewable hydrogen exports in promoting global energy security. Featuring Green Hydrogen Catapult member CEOs and policymakers from Europe and Southeast Asia, the discussion will span topics from the need for expanded public support to the unique opportunity that green hydrogen presents to match supplies in regions with ideal renewables capacity to end users in resource-constrained areas: a “win-win” situation with great potential to decarbonize heavy industry.
Circularity in the Heavy Emitting Sectors
At this COP28 event, RMI’s CEO Jon Creyts will announce our product-level aluminum accounting guidance and endorse the Call to Action on aluminum recycling from the International Aluminum Association and Mission Possible Partnership. The Call to Action asks national governments to commit to setting policies to achieve aluminum beverage…
RMI China Seminar at COP28
RMI China and Ting Li, our regional managing director of RMI China and chief representative of the Beijing office, are hosting a seminar at COP28 titled “Advancing Energy Equity Transition, Amplifying Enterprise and Market Leadership, Accelerating Clean Technology Innovation” in the China Center. Together, we will explore the…
Later Is Too Late: Tipping the Balance from Negative to Positive
The Global Carbon Budget shows emissions rising and time running out to deliver the Paris Agreement. As global warming pushes humanity closer to dangerous tipping points, our only way out is rapid CO2 emissions cuts and triggering positive tipping points. Around the world, concerted efforts are activating positive social, economic, political and technological shifts that are driving progress towards cleaner energy and a safer future — faster than many realise. COP28 is a vital opportunity to harness exponential change and get us back on course. Because later is too late.
New MRV Capacities and Their Impact on Methane Emissions Data Transparency
Remote sensing technologies have transformed how we can accurately measure, report, and verify methane emissions. During a 60-minute keynote speakers event live at COP28 and livestreamed below, featuring RMI's TJ Conway, you’ll hear experts who will explore how remote MRV capacities are emerging to build trust and credibility in this data, and how their institutions are working to leverage this heightened emissions transparency to develop more accurate emissions inventory estimates, update NDCs, and ultimately – drive powerful reduction actions from companies, governments, financiers, and civil society that secure our climate future.
SABA and the Launch of the SAFc Registry at COP28
The Sustainable Aviation Buyers Alliance (SABA) is celebrating the launch of the SAFc Registry —…
Media
Contacts
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