Energy access: the key to equitable energy transition and economic opportunity for all

Energy is directly linked to economic development. Greater energy access, affordability and reliability result in higher levels of GDP. Ultimately, there is no path to economic development without greater energy access and consumption. To ensure a just and equitable energy transition, governments, the private sector and non-governmental organisations (NGOs) must collaborate to create enabling, reliable infrastructure, inclusive market dynamics and practical, diversified energy supply for all. In the case of access to clean energy—which is playing a growing role in the global energy system—opportunities are opened to address socio-economic inequalities including jobs creation, access to education, improved health outcomes and more.

Attendee insights:

This Action Session will examine the role of governments, the private sector and non-governmental organisations (NGOs) in creating the right solutions for a diversified energy supply for all, prioritising universal access to clean energy and empowering communities to participate in energy decision making processes.

Mitigating methane emissions to accelerate the energy transition

The Global Decarbonisation Accelerator encompasses a series of landmark initiatives and is designed to speed up the energy transition and significantly reduce global emissions. The Oil and Gas Decarbonisation Charter (OGDC), which is part of the Global Decarbonisation Accelerator, aims to align the industry to eliminate routine flaring by 2030, to deliver net-zero operations emissions by 2050 and to achieve near-zero upstream methane emissions. Beyond the decarbonisation priorities, the charter points to the need for the oil and gas industry to up its game, including engaging with customers, investing in the energy systems of the future, and increasing transparency in measurement, reporting and independent verification.

In this Action Session we will discuss the role of the GDA, more particularly the OGDC, in supporting oil and gas companies in its ambition to reduce greenhouse gas emissions from their operations.