Two years after signing of the Paris Agreement, we are lagging behind. When it comes to acting against climate change, global leaders are found wanting. An international meeting to be held in July in New York represents an opportunity for change. The High Level Political Forum (HLPF) will bring global leaders together to discuss, amongst other topics, how we can speed up the global transition to sustainable energy sources.
In preparation for that meeting, state representatives and experts assembled in Vienna last week to evaluate how the industry can contribute to the energy transition. Since around 45 percent of final energy consumption comes from the sector, industry is key in bringing about the change we need. If nothing is done, industrial greenhouse gas emissions are set to increase by 50 to 150 percent by 2050. This will have a disastrous effect on climate.
The special session of the Vienna Energy Forum was held under the banner of “Powering Innovation for Prosperity”. The event was organized by the United Nations Industrial Development Organization (UNIDO), in partnership with the United Nations Department of Economic and Social Affairs (UN DESA), and in collaboration with Austria’s Federal Ministry for Europe, Integration and Foreign Affairs, the Austrian Development Agency (ADA), the International Institute for Applied Systems Analysis (IIASA) and Sustainable Energy for All (SEforALL).