WASHINGTON, D.C. | February 24, 2023 ― The U.S. Division of State, The Rockefeller Structure, as well as the Bezos Planet Fund today held the initial conference of the High-Level Consultative Team (HLCG) supplying input on the layout of the Power Shift Accelerator (ETA), a joint campaign to militarize exclusive resources to increase the change from nonrenewable fuel source to tidy power in establishing nations.
The 3 companions presented the wide details of the ETA in November throughout the United Nations Environment Modification Meeting (POLICE 27) in Sharm el-Sheikh. With each other, they are embarking on a comprehensive procedure to make this cutting-edge campaign in the lead as much as police officer 28 this December in Dubai.
U.S. Unique Governmental Agent for Environment John Kerry, The Rockefeller Structure Head Of State Dr. Rajiv J. Shah, as well as Bezos Planet Fund President Dr. Andrew Steer organized a digital conference of the HLCG, a panel of intergovernmental, economic sector, as well as civil culture leaders, in addition to various other specialists as well as stakeholders, from Africa, Asia, Europe, Latin America, as well as the USA.
The ETA companions revealed the development of the top-level team as well as an initial collection of individuals in January, together with a collection of concepts to direct the ETA’s layout. Today, the companions revealed the complete collection of HLCG individuals (listed below).
The objective of the ETA is to aid maintain a 1.5°C limitation on warming up available by driving exclusive financial investment in the application of power change methods that supply much deeper, previously greenhouse gas decreases in establishing nations. Yearly tidy power financial investment should triple to $4.2 trillion by 2030 to maintain 1.5°C available, according to the International Power Company, with majority of that financial investment in arising as well as establishing economic climates.
The ETA will certainly look for to utilize the expanding need for top notch carbon debts to scale up financing to increase the implementation of tidy power as well as the retired life of nonrenewable fuel source possessions in establishing nations. Along with lowering exhausts, financing created by the ETA will certainly sustain establishing nations in increasing tidy power accessibility as well as developing tasks as well as financial development. The ETA likewise will certainly produce brand-new financing for adjustment initiatives in prone nations.
HLCG individuals were welcomed to give input on an initial ETA structure, which would certainly consist of a jurisdictional-scale carbon attributing criterion, a union of economic sector as well as sovereign federal government purchasers, a collection of establishing nation host territories, standards to make sure ecological stability in the generation as well as use debts, as well as simply change stipulations resolving demands such as task development, employee training, earnings sharing, as well as power accessibility.
Along with continuous input from the High-Level Consultative Team, the companions will certainly talk to a larger variety of federal government, service, as well as civil culture stakeholders as well as will certainly give possibilities for more comprehensive input, consisting of rundowns as well as paying attention sessions.
The Division of State, The Rockefeller Structure, as well as the Bezos Planet Fund are working together for the function of establishing the Power Shift Accelerator as an independent campaign. In making the ETA, the companions will certainly look for wide placement with progressing best-practice criteria, consisting of those of the Scientific Research Based Targets Campaign (SBTi), the Volunteer Carbon Markets Campaign (VCMI), as well as the Stability Council for the Volunteer Carbon Market (IC-VCM).
POWER SHIFT ACCELERATOR HIGH-LEVEL CONSULTATIVE TEAM
- Luiz Amaral; CHIEF EXECUTIVE OFFICER, Scientific Research Based Targets Campaign (SBTi)
- Inger Andersen; Exec Supervisor, U.N. Atmosphere Program
- Peter Bakker; Head Of State as well as Chief Executive Officer, Globe Service Council for Sustainable Advancement (WBCSD)
- Manish Bapna; Head Of State as well as Chief Executive Officer, Natural Resources Protection Council (NRDC)
- Fatih Birol; Exec Supervisor, International Power Company (IEA)
- Harry Boyd-Carpenter; Chair, Joint MDB Environment Team; Taking Care Of Supervisor, Environment Approach as well as Shipment at the European Financial Institution for Restoration as well as Advancement
- Barbara Buchner; Global Taking Care Of Supervisor, Environment Plan Campaign (CPI)
- Ramón Cruz; Head Of State, Sierra Club
- Ani Dasgupta; Head Of State as well as Chief Executive Officer, Globe Resources Institute (WRI) for the Greenhouse Gas Procedure (GHGP)
- Suzanne DiBianca; In behalf of business Partnership to Range Environment Solutions; Principal Effect Police Officer & EVP, Salesforce
- Saliem Fakir; Exec Supervisor, Africa Environment Structure
- Anne Finucane, In behalf of Lasting Markets Campaign; Chair of the Board, Rubicon Carbon; Elder Expert, Increase Environment (in support of Lasting Markets Campaign)
- Dirk Forrister; Head Of State as well as Chief Executive Officer, International Emissions Trading Organization (IETA)
- Arunabha Ghosh; CHIEF EXECUTIVE OFFICER, Council on Power, Atmosphere as well as Water
- Marina Grossi; Head Of State, Brazilian Service Council for Sustainable Advancement (CEBDS)
- Andrea Guerrero; Program Supervisor, Growald Environment Fund; Board Participant, Transforma
- Saleemul Huq; Supervisor, International Centre for Environment Modification as well as Advancement
- Mark Kenber; Exec Supervisor, Voluntary Carbon Markets Stability Campaign (VCMI)
- Francesco La Video Camera; Director-General, International Renewable Resource Company (IRENA)
- Catherine McKenna; Chair, U.N. High-Level Specialist Team on the Net-Zero Emissions Dedications of Non-State Entities
- Rebecca Mikula-Wright; CHIEF EXECUTIVE OFFICER, Asia Capitalist Team on Environment Modification; Exec Board Participant, Paris Aligned Financial Investment Campaign
- Marcene Mitchell; Elder Vice Head Of State of Environment Modification, Globe Wild Animals Fund (WWF)
- Helen Mountford; CHIEF EXECUTIVE OFFICER, ClimateWorks Structure
- Brian Moynihan; Co-Chair, Sustainable Markets Campaign (SMI); Chair of the Board as well as Chief Executive Officer, Financial Institution of America
- Annette Nazareth; Chair, Stability Council for the Volunteer Carbon Market (IC-VCM)
- Damilola Ogunbiyi; Chief Executive Officer as well as Unique Agent, U.N. Secretary-General for Sustainable Power for All (SEforALL); Co-Chair, U.N. Power
- Michele Roberts; National Co-Coordinator, Environmental Justice Wellness Partnership
- Achim Steiner; Manager, U.N. Advancement Program
- Lord Nicholas Stern; Chair, Grantham Study Institute on Environment Modification as well as the Atmosphere, London Institution of Business Economics as well as Government
- Vera Songwe; Co-Chair, U.N. High Degree Specialist Team on Environment Money
- Laurence Tubiana; CHIEF EXECUTIVE OFFICER, European Environment Structure
- Fabby Tumiwa; Exec Supervisor, Institute for Crucial Provider Reform (IESR)
- Joanne Yawitch; CHIEF EXECUTIVE OFFICER, National Service Campaign (NBI)
To share passion in the ETA, please get in touch with: ETA@rockfound.org.
Regarding the Bezos Planet Fund
The Bezos Planet Fund is Jeff Bezos’ $10 billion individual dedication to money researchers, lobbyists, NGOs as well as others to aid drive environment as well as nature services. By assigning funds artistically, intelligently, as well as strongly, the Bezos Planet Fund has the possibility for transformative impact in this crucial years. Funds will certainly be totally assigned by 2030 — the day whereby the United Nations Sustainable Advancement Goals should be accomplished.
Even more info concerning the Bezos Planet Fund is offered right here: https://www.bezosearthfund.org/who-we-are.
Regarding The Rockefeller Structure
The Rockefeller Structure is an introducing philanthropy improved joint collaborations at the frontiers of scientific research, modern technology, as well as advancement that allow people, households, as well as neighborhoods to prosper. We function to advertise the wellness of mankind as well as make chance global as well as lasting. Our emphasis gets on scaling renewable resource for all, boosting financial wheelchair, as well as making sure fair accessibility to healthcare as well as nourishing food. To find out more, register for our e-newsletter at rockefellerfoundation.org as well as follow us on Twitter @RockefellerFdn.
Media Contacts:
Ashley Chang
The Rockefeller Structure
AChang@rockfound.org
+1 212-852-0000
Stacie Cobos
Bezos Planet Fund
press@bezosearthfund.org
