Germany unveils Climate Club to tackle industrial emissions

  • December 4, 2023
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Germany unveils Climate Club to tackle industrial emissions

Subject : Environment

Section: Int Conventions

Climate club:

  • Launched at the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change, at Dubai, UAE.
  • Led by Germany and Chile.
  • Chaired by- Germany’s Chancellor Olaf Scholz.
  • Aim- cooperation between countries in decarbonising the industrial sector.
  • The Club is claimed to currently represent 55 per cent of the global economy.
  • The Club has garnered support from 36 member countries including Kenya, the European Union, Switzerland and others.

What is the climate club work programme 2024?

  • The Club’s core idea is based on the fact that the hard-to-abate sectors, including steel, cement, and chemicals, are responsible for about 70 per cent of global CO2 emissions from industry, and developed countries account for a significant share of these emissions.
  • The activities are divided into three key pillars:-
  1. Advancing ambitious and transparent climate change mitigation policies.
  2. Transforming industries
  3. Boosting international cooperation and partnership
  • These three pillars are further divided into nine interconnected Modules, setting the pathway for initial work of the club.

Governance framework;

  • The two co-chairs will be elected for two-year terms for the Club.
    • Currently, Germany and Chile are the co-chair.
  • A body of members will determine the scope and approve the work programme, budget and amendments.
  • A steering group will be formed to support the body of members when the Club reaches 40 members.
  • A secretariat will be formed to implement the work program. Currently, OECD and IEA are the joint interim heads of secretariat.
  • The work programme for 2024 will focus on the steel and cement sectors.
  • The UK pledged support through financial assistance, contributions to the Green Climate Fund and collaboration with the Breakthrough Agenda to make clean technologies more affordable.
  • The United Kingdom highlighted three key areas of focus within the Climate Club.
  1. The importance of creating baselines for sustainable standards in industrial products.
  2. Understanding and addressing the carbon leakage risk.
  3. Support for workers and industries.

Source: Down To Earth

Environment Germany unveils Climate Club to tackle industrial emissions