Technology Executive Committee and Climate Technology Centre and Network – the two bodies of the Technology Mechanism under the UNFCCC and Paris Agreement – unveiled the project to accelerate deployment of transformative climate technologies urgently needed to tackle global warming.
UNFCCC’s Executive Secretary, Simon Stiell, noted: “Time is running out to achieve the key goals of the Paris Agreement. The rapid scaling up and effective transfer of climate technologies are imperative to limit the global average temperature rise to 1.5 Degrees Celsius and to build resilience to climate change. A reinvigorated technology mechanism is needed, to unlock appropriate climate technologies everywhere in the world, and that is what this new work programme is designed to achieve.
The programme is a significant milestone for the technology mechanism and signals a new era of work for climate technology under the Convention and Paris Agreement. It is guided by science, aligned with the long-term goals of the Paris Agreement and focused on high-potential sectors and high-impact actions.
Executive Vice President of the European Commission Frans Timmermans said: “Technology transfer is crucial for the success of the global green transition. Whether it’s in energy, infrastructure, mobility or food: we need to make sure that knowledge is shared to help build up industrial capacity and support developing countries to tackle the climate crisis. The new joint programme for the UNFCCC Technology Mechanism opens up new possibilities for innovation and targeted action.