The mining industry is of key importance for the global economy, both for developed and developing countries. On the one hand, these raw materials significantly accelerated the development of new technologies and modernised the life of societies, but on the other hand they negatively affected the climate and natural environment.
During Monday's panel the results of the ‘Financing Climate Futures: Rethinking Infrastructure’ report were presented, prepared by the Organization for Economic Cooperation and Development. It analyses the current state of the world's energy infrastructure, which requires a deep transformation so as to achieve low or zero emission goals.
PGNiG, the largest Polish crude oil and gas extracting company, presented the so-called ‘good practices’, that is the effective methods for monitoring and managing gas industry methane emissions, as well as solutions for problems of poor air quality. The discussions tackled the initiatives taken by the government, industry, non-governmental organisations, the academic community and the challenges facing the energy sector in the near future in the context of climate policy.
In their premises, the representatives of the International Tourist Agency presented the Biofuture initiative - an international platform for dialogue and cooperation between countries, the academic community and the private sector. Its creation was motivated by the idea of developing and increasing the use of modern alternatives to fossil fuels. In this part, the Ministers of Environment in Brazil and Finland - Edson Duarte and Kimmo Tiilikainen, respectively – took to the stage. During the event, two reports were presented: ‘Creating the Biofuture’ and ‘Renewables 2018’, which talk about the latest initiatives of member countries whose aim is to scale solutions for the bioeconomy.
The panel led by General Electric focused on two studies - 'Paths to Paris: ASEAN’ and ‘Paths to Paris: Latin America.’ The research, developed by Massachusetts Institute of Technology (MIT) in cooperation with the ASEAN Organization of American States and the Energy Centre, emphasises the cost-effectiveness of policies and technological strategies that countries can implement to meet the objectives of the Paris Agreement.
The Institute of Environmental Protection and the National Geological Institute have presented the results of a simulation showing the potential scale of carbon leakage, and the action of transferring these emissions from one country to another. Various scenarios of the EU climate policy were considered, pointing out the most endangered sectors covered by the European Emissions Trading System.
The Warsaw International Loss and Damage Mechanism, in cooperation with the COP24 Presidency and the Secretariat of the UNFCCC, shared their previous experiences gained during their five-year activity. This institution, established at COP19 in Warsaw, aims to raise awareness in the area of risk management in situations of natural disasters related to climate change.
Monday's debates in the Polish Pavilion have been summarised as follows:
- Modern bioenergy will lead the way in the development of renewable resources over the next 5 years, and its greatest potential can be seen in EU countries, China, Brazil and India.
- Three main factors contribute to the development of innovation: technological incentive, market demand and adequate support.
- Innovation is necessary to accelerate the development of advanced biofuels, obtained from extensive and thus far unexploited raw materials.
Each consecutive day in the Polish Pavilion is devoted to a different theme - forests, the issues of sustainable urban development, financing climate policy, air quality, electromobility or the human dimension of climate change. The pavilion is open throughout the duration of the UN climate summit - COP24 in Katowice.