GECF Delivers a Statement at COP25
On December 2-13 the UN Climate Change Conference COP25 took place in the city of Madrid, capital of the Kingdom of Spain.
The High-Level Segment witnessed the Heads of State and Delegation, Ministers of Environment, major policymakers, intergovernmental and non-governmental organization leadership, providing insights in maintaining successive nationally determined contributions and pursuing environmentally responsible behavior.
The Intergovernmental and Non-governmental Organizations’ Panel was kicked-off with the GECF Statement, delivered by HE Secretary General Dr. Yury Sentyurin.
Addressing to the COP25 High-Level Segment participants, the GECF authority reaffirmed the crucial importance of challenges posed by climate change, alongside with the shared values and joint efforts undertaken by the international community to deal with the environmental issues.
Speaking on behalf of the Organization’s Member Countries – 19 major natural gas producers – Dr. Yury Sentyurin emphasized, that the natural gas industry looks seriously to technology options that can furtherly promote decarbonization potential of natural gas, including carbon capture, utilization and sequestration options, and production of hydrogen from natural gas. This adds to other progress in efficiency and digitalization that enables a substantial reduction of greenhouse gases emissions along the entire supply chain. Furthermore, the current expansion and technology progress of NGVs across the world offers a valuable opportunity to reduce emissions in the transportation sector.
The GECF strong belief in the role of constructive international cooperation as a driver for effective global responses to climate change and sustainable development was specifically highlighted by the speaker. Meanwhile, the professional community’s main concern is that in the era of energy transitions, introduction of discriminatory regulation against cleaner hydrocarbon fuels such as natural gas, disturbs overall gas markets design, undermines investment in critical gas transport infrastructure and new gas supply projects.
Natural gas is a balanced solution that contributes substantially to reducing carbon intensity and pollution resulting from energy-related activities, supports access to modern energy, improves availability of supply, and provides affordable energy. The “blue fuel” can also be a vector of increased cooperation and technology transfer between energy stakeholders. These credentials have been explicitly recognized in the G20 Ministerial Meeting on Energy Transitions and Global Environment for Sustainable Growth in Japan early this year.
The GECF engagement in the UNFCCC as an observer organization marks the willingness to contribute to scale up the Member Countries’ collective actions in order to reduce the environmental footprint of natural gas. In this context, the GECF has initiated the Environmental Actions Framework that aims to create a supportive platform allowing Member Countries to share best practices dealing with the environmental challenges, building capabilities and establishing progressive research collaborations on various environment-related topics. This commitment is largely anchored in the GECF Heads of State Declarations including the recent one adopted in Malabo, Equatorial Guinea and the Organization’s Long-Term Strategy.
In line with this environmental ambition, the GECF has reinforced its cooperation with various organizations to strengthen its research activity, exchange expertise and develop studies related to the interactions between energy and our environment. Outcomes of the studies are to be translated into concrete recommendations on energy policy actions for the GECF Member Countries. At the same time, the recently established GECF Gas Research Institute is set to become a pivotal project for the Organization with the aim to develop technical knowledge and innovative technologies that reduce GHGs emissions.
Concluding the Statement, HE Secretary General offered sincere gratitude to the Spanish and Chilean Governments and the UNFCCC Secretariat for the conference excellent arrangement and warm hospitality. He also stressed, that the GECF strives to develop effective communication channels between producers and consumers, in favour of the long-term mutual interests, to support natural gas as a reliable solution for sustainable development. This aspiration has won wide support and has been mirrored by the Forum’s Member Countries and environmental leading policymakers, attending the landmark UN Conference.
The GECF Statement is expected to be uploaded to the UNFCCC official web-site and circulated by the Conference Secretariat as per the installed procedure.