Moves on solar energy and carbon pricing launched in Paris [fr]
Paris Climate Conference/launch of the International Solar Alliance – Communiqué issued by the Presidency of the Republic
Le Bourget, 30 November 2015
Today in Paris Le Bourget, on the sidelines of the opening of COP21, the President of the Republic, M. François Hollande, and the Indian Prime Minister, Mr Narendra Modi, launched the International Solar Alliance in the presence of the Secretary-General of the United Nations, Mr Ban Ki-moon.
This launch is the culmination of several months’ work between the Head of State and the Indian Prime Minister, including during Mr Modi’s visit to France in April 2015 and their meeting on the sidelines of the United Nations General Assembly in September.
This Alliance, which was instigated by Prime Minister Modi and supported from the outset by the French President, is based on a simple goal: to unite the efforts of developing countries to attract investment and technologies to this sector and to develop the uses of solar energy.
This Alliance will enable cooperation between those industrialized countries which have the technologies and finance, and developing countries.
The strength of this commitment can be seen through the involvement of many heads of state and government.
The negotiations which began today on limiting global warming are decisive for the future of the planet.
Over 100 countries have solar potential, lying wholly or partially between the Tropics of Cancer and Capricorn.
This conference must mobilize the international community and create shared momentum to achieve a low-carbon economy.
Developing renewable energies is one of the most obvious ways of reducing greenhouse gas emissions.
Solar energy is the most plentiful source of renewable energy in the Southern countries, but technologies and financing in these areas remain insufficient./.
Le Bourget, 30 November 2015
On the sidelines of COP21, the President, along with several heads of state, the World Bank, the IMF, local government bodies and business leaders from around the world, has launched a Carbon Pricing Leadership Coalition.
The Coalition’s members adopted a joint action plan to advance carbon pricing, committing to sharing experience of successful public policies, mobilizing businesses, and promoting dialogue to increase the use of carbon pricing.
Carbon pricing is an essential tool to enable economic stakeholders to commit resolutely to the transition towards a low-carbon economy and reduce greenhouse gas emissions as effectively as possible. The aim is not to fix a single price: the goal has to be to promote the gradual expansion of the coverage of global emissions by carbon pricing.
Existing mechanisms (EU ETS, Indian coal tax, US Clean Power Plan etc.) and future ones (ETS market in China) cover countries representing 89% of the GDP of the G20, or 75% of the global economy, by 2018. So the majority of the most carbon-intensive sectors are, or will very soon be, covered by a carbon price in most of the world’s major economies.
Although it is too low everywhere, carbon pricing is no longer an exception and is starting to become the rule. With the Coalition, we are going to foster and accelerate the adoption of carbon pricing, so that today’s investments create the conditions for more sustainable growth for a long time ahead./.