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The decisions we take today and the investments we make will shape the future we rebuild. As governments and businesses grapple with the pandemic, we must choose to support a more resilient, sustainable and equitable future.
A combination of political will, international cooperation and accelerated public and private investment in low-carbon industries, technologies and developing economies is required to keep us aligned with the Paris Agreement.
Day One of the Sustainable Innovation Virtual Forum will focus on State and non-State responses to two emergencies – COVID-19 and Climate Change – in a year in which governments must submit their updated climate plans (NDCs) and businesses plan for the new-normal
Whilst the world’s energy systems are already undergoing transformation, national and regional energy transition strategies could become the cornerstones of global recovery.
Updated NDCs, government recovery and regional stimulus packages could provide the energy sector with the tools, finance and investment to radically redesign the energy landscape, shift to clean and renewable systems and steer away from a reliance on fossil fuels.
Day Two explores how investments today in heating and cooling of buildings as well as clean transportation and grid flexibility infrastructure will ensure the transition to a low-carbon economy, boost regional economies by creating millions of jobs and define net-zero pathways for other industries.
Disruption caused by the pandemic has impacted every industry, but none more so than the mobility and transport sectors. Region wide lockdowns, thousands of grounded flights, restricted public transport and housebound citizens have changed the way people move.
Transport underpins our society. It connects people, cities, countries and economies, fostering growth and employment. As we reshape post-pandemic life, supporting the right technologies, creating digitally smart and connected systems and investing in low carbon infrastructure, we can choose to accelerate the transition to a digitally integrated and mobility system of the future.
Day Three explores how effective policy intervention combined with accelerated financing and investment in emerging technologies and alternative transportation modes could fundamentally redesign urban and long-distance travel.
If the harder to abate sectors return to business as usual after the pandemic, they will account for the entire carbon budget in 2050.
Heavy industry – such as cement, chemicals, steel – and heavy transport – including long distance road transport, shipping and aviation – are together responsible for 40% of global carbon emissions and their contribution is set to increase as other parts of the economy decarbonise.
The cost of cutting harder to abate sector emissions is high and progress to date has been slow, but emerging technologies such as green hydrogen combined with CCS and CCUS could become a pathway to net-zero.
Day Four dives deep into the breakthrough alternative emissions-reducing innovations gaining traction and investments needed in the pursuit of net-zero for the hardest to abate sectors.
Long before the pandemic caused even greater disruption to our global food system the industry was facing multiple challenges. As the agricultural sector begins to rebuild, stakeholders from across the agri-value chain must prepare against the potentially greater and more disruptive effects of climate change.
Like many other industries, innovation, advanced technologies such as biotechnologies, Artificial Intelligence, remote sensors and IoT devices will play a crucial role in limiting the sector’s contribution to climate change whilst mitigating and adapting to its increased risks will require shifts across the entire value chain and be utilised by regional and national policy makers to design more effective interventions.
The final day of the Virtual Forum will explore the future of farming and the impact disruptive, emerging and digital technologies will have in accelerating the fourth agricultural revolution.