- Nov 2, 2021 4:47 pm GMT
Leaders have committed to discussing progress every year in each sector, starting in 2022. This work will be supported by annual reports, led by the rich nations' think tank, the International Energy Agency.
At the event today, world leaders, CEOs and philanthropists are also expected to launch:
- The "Green Grids Initiative" - to interconnect continents, countries and communities to renewable sources of power, and to ensure no-one is left without access to clean energy
- "AIM4C", a new initiative led by the US and the UAE, with over 30 supporting countries, committed to accelerating innovation in sustainable agriculture
- The "Breakthrough Energy Catalyst" programme aiming to raise up to $30bn of investments and bring down costs for "green" hydrogen; Direct Air Capture of CO2; and long-duration energy storage
- The "First Movers Coalition", a US-led buyers' club of 25 major global companies making purchasing commitments to promote sectors such as steel, trucking, shipping, aviation, aluminium, concrete, chemicals.
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