Global coalition needed to fight climate change
World leaders and top experts called for a global coalition to fight poverty and usher in sustainable development while combating the ill effects of climate change at the Delhi Sustainable Development Summit, held in New Delhi last week.
The event was organized by The Energy and Resources Institute (TERI) and the theme of this year's Summit was “Attaining Food, Water, and Energy Security For All.” The Delhi Sustainable Development Summit (DSDS) assembled some of the highest level of talent for this event from across the globe. The Summit witnessed strategies and challenges through the presence and involvement of world leaders, Nobel Prize winners, ministers from several countries and leaders from business, academia and civil society.
Jake Schmidt of the Natural Resources Defense Councilsaid that the effects of climate change are being felt by countries across the world. “Our present paradigm of development is going to lead to a severe water shortage, especially for the U.S. and China, and our water usages are going to determine our energy proliferation,” he said.
One of the significant events of the Summit was a session on Communicating for Sustainability, where participants stressed the need for more effective communication on issues related to environment and development. The speakers reiterated the need for better packaging of environment and development events so that there is greater awareness among the public on issues that are critical to the survival of the planet.
Professor Jeffrey D. Sachs, director, Earth Institute, said that the stakes are very high as the UN Millennium Development goals are yet to be met, while at the same time, there has been a steady increase in the levels of greenhouse gas emissions and current pollution levels show no signs of abating.
“There is a lot of poverty and development in the road ahead. We need to de-carbonize the global economy,” Sachs said, adding that fundamental change in needed to meet the developmental challenges of tomorrow. He said that organizations such as TERI must be play an integral role in South Asia's developmental networks.
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Among the highlights of the Summit was a special session on the challenges that African nations face in attaining sustainable development. Henri Djombo, minister of Forestry Economy and SustainableDevelopment, Congo, said the African nations need to agree on a common strategy to achieve energy, water and food security. He added that these issues were clearly interlinked and governments needed to set aside 10 percent of their budget for agriculture development.
“We need greater public-private partnerships to attain developmental goals,” Djombo said, adding that more incentives needed to be provided for renewable energy to combat the threats arising out of climate change.
Lise Grande, UN resident coordinator and resident representative, United Nations Development Program, said that there was bad news in store for Asia as the region is going to face even greater shortages in the areas of water, food and energy security. “Food security will eventually lead to water and energy security,” she said.
Two-thirds of the world is still facing food shortages, while 40 percent of Asia is facing a severe water crisis. Large amounts of water would be needed to meet the growing needs of agriculture, and this pressure will impact global targets to overcome poverty and climate change.
During the Summit, TERI and the Royal Norwegian Embassy renewed their plans to work together in the field of climate change and climate modeling to offset the effects of global warming. The climate modeling capacity building efforts started at TERI under the TERI Framework Agreement with the Embassy, and has now matured to scales that TERI has now been able to organize this Research School on an annual basis.
DSDS is a flagship event organized by The Energy and Resources Institute (TERI) every year since 2001 that seeks to facilitate enlightened debate and discussion on the discourse of global sustainable development. Over the past 13 years, it has emerged as one of the most leading forums on issues of global sustainability.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.