Fecha Publicación: 12-09-2022

Next month, the US government will be hosting the Global Clean Energy Action Forum (GCEAF), from Sept. 21 to 23 in the city of Pittsburgh, where both the 13th Clean Energy Ministerial (CEM) and the 7th Mission Innovation (MI) events will take place. These events will happen at a time when the world continues to watch the six-month horror created by Russia’s invasion of Ukraine, along with tensions between China and the US, from trade sanctions to human rights disputes, to opposing views on the war. All this is creating a clear and present danger to the global energy system. Yet, despite all these geopolitical challenges, there is great news for the energy transition. The US will be ready to “walk the talk” on climate action and share with its international counterparts its recently approved Inflation Reduction Act (IRA). The IRA includes US$369 billions of investment in energy security and climate change actions to reduce around 40 percent of its greenhouse gas emissions by 2030.

The GCEAF, with its focus on Rapid Innovation and Deployment and International Collaboration to Accelerate the Clean Energy Transition, would be an extraordinary platform to convene business and policymakers to partner and bring to market new technologies that will speed up the path toward a net-zero world, gathering momentum before the next United Nations Framework Convention on Climate Change Conference in Egypt (COP27). Yet not all members will be willing or able to present concrete action plans and explore new initiatives to scale up the energy transition.

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