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Business / Qatar Business

Russia and GECF reinforce cooperation at COP26

Published: 12 Nov 2021 - 09:47 am | Last Updated: 12 Nov 2021 - 09:50 am
Peninsula

The Peninsula

On the sidelines of the UNFCCC COP26, H  E  Alexey  Overchuk,  Deputy  Prime  Minister of the Russian Federation held a  working  meeting  with  HE  Yury  Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF), which reinforced the long-standing historic ties between the Forum and one of the world’s largest energy producers.

Whilst the two sides reaffirmed their commitment  to  their  joint  approach  on  energy and the environment, H E Deputy Prime Minister Overchuk specifically out-lined  Russian’s  plan  to  become  carbon  neutral by 2060, and new climate legislation that introduces mandatory carbon reporting for the largest greenhouse gas emitting com-panies operating in the country, among a host of other national measures.

Quoting H E Vladimir Putin, Russian President’s  statement  at  the  UNFCCC  COP26 and recalling notable comment by  H  E  President  at  the  recently-held  Russian Energy Week about the growing role of natural gas as the most environ-mentally friendly, clean, transitional fuel, drew support from the gas industry, the authority remarked that Russia embraces the energy transition but its space will depend on several varied factors and that conventional energy sources can’t be dis-continued  just  yet.

   Aligning  environ-mental   ambitions,   Yury   Sentyurin   expressed disappointment at the con-tinued flogging of natural gas by vested interests who fail to adequately present an alternative to the global energy system.

GECF Secretary General noted that the world should approach decarboni-sation carefully, and prevent the artificial acceleration of ‘greening’ the international agenda at the expense of the sustaina-bility of GECF Member Countries’ energy sectors.

In this context, Sentyurin articu-lated the Forum’s enthusiasm for partic-ipating in all international fora – from BRICS to G20 to UN – that would enhance cooperation to ensure sustainable eco-nomic growth.

The two sides took into account the rising  pressure  on  the  gas  industry  to  reduce its emissions footprint, particu-larly following the release of the 6th IPCC Assessment Report.  

The Russian representative stressed that discrimination against disadvantaged countries must end so that every state has access to clean technologies in order to achieve the UN Sustainable Development Goals.

 “86 percent of our energy generation is based on solar, wind, natural gas, nuclear and hydroelectric power. Russia is already an example of low greenhouse gas emissions,” said H E Deputy Prime Minister Overchuk. The GECF official provided a com-prehensive inroad into the latest 2021 edition of the Forum’s Global Gas Outlook, to be launched at the 6th GECF Summit in February 2022, and highlighted the steps being taken by the 18-member coa-lition on decarbonising the gas sector, first and foremost under the GECF Environ-mental   Knowledge and   Solutions   Framework Initiative and on the platform of the GECF Gas Research Institute.

“The GECF recommended to COP26 negotiators  to  ensure  that  dialogue  is  underpinned by technology transfer to decarbonise the energy sector,” said Sen-tyurin, adding that the upcoming 23rd GECF Ministerial Meeting and 6th Summit of Heads of State and Government of the Forum  aspire  to  present  a  balanced  energy-transition roadmap for a con-structive debate in the coming months