The oil and gas industry today gathered in London to mark IPIECA’s 40th Anniversary. Hosted by the BBC’s Environment and Energy Analyst, Roger Harrabin, the conference was held under the theme of the Power of Partnerships, gathering 200 participants from 70 global organisations. Since its creation, IPIECA has played a fundamental role in developing practical solutions to a range of critical environmental and social issues such as the removal of lead from fuel to the industry’s ability to respond to oil spills.
Delegates included IPIECA members from around the world as well as speakers representing the United Nations Framework Convention on Climate Change (UNFCCC), United Nations Environment Programme (UNEP), United Nations Development Programme, World Bank, the World Resources Institute and NGOs as well as respected research institutions such as Kings College London and Oxford University.
Achim Steiner, Executive Director of UNEP, celebrated the partnership between IPIECA and UNEP: “It is clear that the oil and gas industry has a tremendous opportunity, responsibility, but also perhaps a commercial and technological frontier in which it can play a critical role in the future”.
Christiana Figueres, Executive Director of UNFCCC, highlighted that the oil and gas industry is in the middle of the solution space for climate challenges. “Oil and gas must be leaders in getting us to the sustainable energy mix.”
Stimulating debate around its three focus areas, climate and energy, environment and social, highlighted IPIECA’s leading role in moving the industry towards future solutions. Participants called upon IPIECA to continue to exercise its convening power and bring a diverse range of partners together.
Brian Sullivan, IPIECA’s Executive Director, said: “As the industry faces the challenge of meeting growing energy demand, coupled with increasing stakeholder expectations, we will continue to provide leadership on environmental and social issues for the oil and gas industry. IPIECA has unique capabilities to play a significant role in the resolution of these issues. We won’t succeed in isolation as a sector or just as business and industry. These issues require the power of partnership.”