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COP28 and IEA Convene Global Energy Decision Makers to Accelerate a Just, Orderly Energy Transition

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  • Series of dialogues will be held in partnership with IRENA and will be supported by the UNFCCC.
  • Dialogues aim to bring government and energy industry together to define how to accelerate action towards 1.5 degrees at COP28.
  • Session held on the sidelines of the 14th Clean Energy Ministerial, alongside the G20 Energy Transitions Ministerial Meeting in Goa, India.
  • Events are being co-chaired by COP28 President-Designate Dr. Sultan Al Jaber and Dr. Fatih Birol, Executive Director of the IEA.
  • Initiative is intended to build consensus on 1.5C degree-compatible energy transition pathways and the enabling conditions needed to achieve them, as well as momentum around the target energy outcomes for COP28.
  • Dialogues will engage public and private sector energy decision makers, reflecting a holistic view of the global energy system.
  • Dialogues will seek to prepare the ground for specific commitments and calls to action at the World Climate Action Summit being held at COP28.

GOA, India, July 21, 2023 /PRNewswire/ — The COP28 UAE Presidency and the International Energy Agency (IEA) have convened the first in a landmark series of high-level dialogues through to COP28 around building a 1.5C degree-aligned energy transition. The initiative is being conducted in conjunction with the International Renewable Energy Agency (IRENA) and will be supported by the United Nations Framework Convention on Climate Change (UNFCCC).

The dialogues are intended to build consensus on 1.5C degree-compatible energy transition pathways and the enabling conditions needed to achieve them, as well as momentum around the target energy outcomes for COP28.

The meetings are being co chaired by COP28 President Designate Dr. Sultan Al Jaber and Dr. Fatih Birol, Executive Director of the IEA. The aim is to engage public and private sector decisio makers in the energy industry to produce a holistic, global view of the energy system. The dialogues will prepare the ground for specific commitments and calls to action at the World Climate Action Summit being held at COP28

The session was held on Friday, 21 July on the sidelines of the 14th Clean Energy Ministerial, alongside the G20 Energy Transitions Ministerial Meeting in Goa, India. Delegates at the meeting included various country delegates and private sector representatives.

COP28 President-Designate Dr. Sultan Al Jaber said of the initiative: “COP28 represents a milestone opportunity for the world to come together, unite around decisive action, and drive progress towards keeping the goals of then Paris Agreement alive and 1.5C within reach. This will require a collective effort and so we need everyone at the table – and that includes the energy industry.”

“Building a new energy system can only happen at speed and scale with united action on the supply and the demand side together. These high level dialogues are bringing public and private sector energy decision makers together under the framework of a COP for the first time. They will help redesign the relationship between policymakers, the biggest energy producers, and the biggest industrial consumers. This is one of my Presidency’s key priorities and will be a crucial step in building consensus on how best to deliver the energy system of the future.”

IEA Executive Director Dr. Fatih Birol said: “The IEA has put forward a comprehensive energy package that can help make COP28 a success. This includes tripling global renewables capacity, doubling energy efficiency progress, slashing emissions from the oil and gas industry, boosting clean energy finance for developing economies, redirecting fossil fuel investment into clean energy, and putting fossil fuel demand into sharp decline.

“The IEA’s Net Zero Emissions by 2050 Scenario is widely recognized as the global benchmark for efforts to keep the 1.5C goal within reach, so we are pleased to be working with the COP28 Presidency to lead these important international dialogues to drive stronger ambition and implementation, which is what is urgently needed. Every stakeholder must play their part – including oil and gas producers, which need to set out and deliver on aggressive targets to cut their emissions by 2030.”

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Francesco La Camera, Director General of IRENA, said: “Our collective promise was to secure a climate-safe existence for current and future generations. We simply cannot continue with incremental changes. There is no time for a new energy system to evolve gradually over centuries, as was the case for the fossil fuel-based system. IRENA centres the renewables-based energy transition as the most realistic climate solution and calls for a tripling of annual renewable energy additions to keep global warming within 1.5C.”

“Achieving this requires overcoming systemic barriers across infrastructure, policy, and institutional settings in the coming years. The high-level dialogues will play an important role in galvanizing momentum towards the energy objectives of COP28, driving actionable policies and investment decisions through a shared understanding.”

The IEA and IRENA will provide data and technical analysis to set the stage for informed discussions, inviting others as appropriate. This will include the current state of the global energy landscape, and potential pathways, solutions and actions required to accelerate the transition in a just and equitable manner.

Simon Steill, Executive Secretary of the United Nations Framework Convention on Climate Change, “These high-level dialogues convened by the COP28 Presidency and the IEA, with the collaborative efforts of IRENA and support of the UNFCCC, should act as a catalyst to drive momentum towards a just and inclusive 1.5 degree-aligned energy transition. It is my hope that these dialogues will pave the way for specific commitments and actions by Parties at COP 28, bringing us all closer to the sustainable and climate-resilient future that is called for in the Paris Agreement. It’s time for decisive action from all stakeholders.”

For all media enquiries and requests for interviews, please contact [email protected]. For up to date COP28 news, follow us on Twitter @COP28_UAE.

Notes to Editors COP28 UAE:

  • COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives.
  • academics, experts, youth, and non-state actors.
  • As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
  • The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a “leave no one behind” approach to inclusive climate action.

Photo – https://mma.prnewswire.com/media/2159555/COP28_President_Designate.jpg

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Bybit Crypto Titans: November Arena Boasts 55,000 USDT in Rewards

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DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.

From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.

Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).

More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.

“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.

Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.

Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

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Healthcare leaders gather at House of Commons to discuss productivity-boosting tech with MyStaff app

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LONDON, Nov. 15, 2024 /PRNewswire/ — Healthcare leaders from 16 NHS trusts gathered at the House of Commons this week to see how Mid and South Essex NHS Foundation Trust is using a groundbreaking new app that transforms staff access to information vital to their patients’ care.

The MyStaff app uses AI and automation to simplify the management of critical policies and procedures, reducing the time staff spend searching for information from almost 10 minutes to under 30 seconds. Over 12,000 of the Trust’s staff have signed up, and around 1,000 are using the app daily.

With £2bn pledged to help digitise the NHS and bring down waiting lists, such time-saving tech is high on healthcare’s agenda. Trust Chief Executive Matthew Hopkins introduced the session, which was hosted by David Burton-Sampson, MP for Southend West and Leigh, and saw technology strategists and users share their experiences of digitising vital healthcare operations.

Matthew said: “Our Trust is working to make the best use of digital technologies wherever this can help staff to provide the best possible care to our patients. MyStaff app is a versatile and easy-to-use tool that improves our governance processes and makes it easy for staff to access the vital clinical information they need when treating patients.”

The Trust developed MyStaff app with digital innovators Diligram, who have created a digital governance solution that helps ensure staff use the latest policies and guidance when delivering patient care. Document compliance rates have grown from 60% to 98%, whilst projections indicate the app could release 55,000 hours’ worth of staff capacity over 3 years, worth almost £4m in staff costs and giving staff more time on patient-facing care.

Diligram CEO Leslie Golding said: “We have worked closely with the Trust on developing groundbreaking technology that supports our healthcare heroes by simplifying access to essential information. We’re proud to be part of this brilliant example of positive digital change.”

Editor’s notes

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  • Contact: Rob Benson, 07815098560, [email protected] 
  • Further images, interviews, site visits available

About MyStaff app

The MyStaff app from digital transformation company Diligram is time-saving tech that offers a mobile-first digital corporate governance solution for healthcare providers.

Web: mystaffapp.io 

About Mid and South Essex NHS Foundation Trust

MSE is one of the largest Trusts in the country, serving around 1.2million people. Our values are about delivering excellent, compassionate and respectful care.

Web: mse.nhs.uk 

Photo – https://mma.prnewswire.com/media/2558941/MSE_CEO_Matthew_Hopkins_MyStaff_app.jpg

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ThunderSoft Partners with HERE Technologies to Enhance Intelligent Navigation Solutions

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BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.

The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.

The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.

Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”

Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”

About HERE Technologies

HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.

About ThunderSoft

ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com 

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