Since the Paris Agreement was made in December 2015, Ipieca has continued to work on the topic of low-emissions pathways, publishing awareness briefings to enhance members’ understanding of the topic, holding workshops exploring technologies and perspectives on low-emissions futures, in particular the role of carbon offsets in GHG mitigation and sustainable finance, and a series of webinars on carbon pricing and carbon capture and storage (CCS).
In the run up to Paris COP21, Ipieca created the Paris Puzzle, a series of papers intended to address what we see as key components of efforts to address climate change and demonstrate our commitment to meeting the challenge. Collectively, these papers highlight the fundamental role and contribution of the oil and gas industry in addressing the challenge of a transition to a low-emissions future.
Ahead of COP22 in Marrakech Ipieca released a new paper, Exploring low-emissions pathways, which explores the common elements and critical enablers of a low emissions future. Following on from then, at COP23 Ipieca delivered a side event on CCS and its potential role in helping to meet to goals of the Paris Agreement. At COP24 our focus switched to low-emissions transport and in the following summer Ipieca produced the paper, Exploring low-emissions pathways for transport. This built upon our previous work and explored the wide range of technologies that will be required for the evolution of the transport sector. At COP25, Ipieca held a side event on role of carbon offsets in GHG mitigation and enhancing ambition.
In the lead up to COP26, Ipieca held a virtual net-zero emissions roundtable, ‘Zigzag to zero? Positive pathways to Paris’, which examined the topic of the energy transition and net-zero emissions through industry, investor and civil society lenses. This was followed by the launch of the latest paper in Ipieca’s low-emissions pathways series: Hydrogen: enabling the energy transition and the pathways to net-zero emissions, explaining this technology, its production and storage methods, and exploring its potential role in the transition to a low-carbon economy. At COP26, Ipieca held a side event in Glasgow on ‘Contributing to a net-zero future: the crucial role of technology and partnerships for the energy transition and a sustainable future for all’.
In January 2022, Ipieca published Net-zero emissions: glossary of terms, to support the industry and other stakeholders in the use of consistent terminology around net-zero emissions.
Ipieca will continue to convene its membership to explore critical issues and support a low-emissions future.