Global Environment Facility (GEF) organized a sideline event on accelerating the shift to Electric Mobility at the COP 26
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During the 26th UN Climate Change Conference of Parties (COP-26), the Global Environment Facility (GEF), the European Bank for Reconstruction and Development (EBRD), the International Energy Agency (IEA) and UNEP organised a side event on “Accelerating the shift to Electric Mobility: A new GEF supported Global Electric Mobility Programme” on November 10th, 2021.
This event was part of the GEF Pavilion at the UN Climate COP26. The purpose of hosting this dialogue was to emphasize the importance of a global switch to zero emissions vehicles fleets for meeting the Paris climate targets and highlighting the important role that low- and middle-income countries play in such a switch. On behalf of ECOSF, Engr. Khalil Raza Scientific Officer participated in the event virtually.
Experts highlighted that the transport sector is critical component, which needs to align with the Paris Agreement, all transport modes will need to be zero carbon by 2050. By 2030, 75% of all new sales of light duty vehicles in developed markets will have to be electric, including 100% of all new buses. To make this possible, the rate of adoption of electric vehicles will need to increase twelve times over the next decade. The expert panel discussed the importance of a global switch to zero emissions vehicles to meet the Paris goals, highlighting the significance of the newly launched GEF Global Electric Mobility Program.
This GEF programme is supporting more than 50 countries worldwide to build capacity, develop e-mobility strategies and roadmaps, establish e-mobility policy frameworks, create business models and financing schemes, prepare for environmental sustainability of electric mobility – and to pilot electric vehicles on the ground.
It is important to mention that Climate Change Conference COP 26 is one of the most important events in the history of climate negotiations where world leaders gathered on the to discuss urgent action to combat global warming.