Les Ateliers du Futur

⚡ China to Tighten Control on Domestic Emissions! A shift in focus has been announced in China, aligning with our recommendation to prefer absolute emission reduction targets over intensity targets: 👉 On August 2, the General Office of the State Council of the PRC announced that, as part of preparing the new strategic plan for 2025-2030, new rules will be established to better control the country's emissions. ✅ The emission control system, previously based on emission intensity, will be complemented by rigorous control of the total amount of emissions. ✅ Emission quotas will be integrated into the planning of national economic and social development. ✅ Action plans will be developed with "enhanced support from laws and regulations" to ensure the country reaches its carbon peak before 2030. ✅ Regular monitoring and analysis of carbon emissions will be conducted. Industries showing a rapid increase in emissions will be closely monitored and alerted if necessary. ✅ The national emissions trading market will be expanded. ✅ Emission accounting rules and carbon scores for products will be introduced. It is worth noting that China, now the world's largest emitter of greenhouse gases, has set a goal of achieving carbon neutrality by 2060 and is a global leader in renewable energy investments. The current five-year plan, which runs through 2025, aims for an 18% reduction in emission intensity and a 13.5% reduction in energy intensity. However, the country is on track to miss these targets, according to a report by the Centre for Research on Energy and Clean Air published this year. 💡 These new rules clearly aim to ensure that the emissions peak is reached before 2030. Good news! #climateaction

Emmanuel Macron, among the key messages to address to the world’s political leaders gathered for the Olympics, this one is super critical: 🚨 Climate Policies: The Collective of Nations at Odds with the Paris Agreement 💡 As part of our shadow Cops (Quaterly Cliltz Reviews), we have delved into the essential aspect of Public Policies (thanks Noel!). Under the Paris Agreement, all participating countries have established a Nationally Determined Contribution (NDC), except for three: Eritrea, Libya, and Turkmenistan. Most of these countries have complemented their NDCs with a Net Zero commitment by 2050 or beyond (China, India...), with the total of these Net Zero commitments covering 89% of global emissions. 🚀 Between the 1st generation of NDCs (published before 2020) and the 2nd generation (whose progress was assessed at COP 28 in Dubai), global commitments for 2030 have increased by nearly 10 GTCO2eq. It seems we are close to the global emissions peak. This universality and the extent of progress made highlight the virtuous nature of the Paris Agreement, even though it is non-binding, with its target and implementation monitoring, particularly through the COPs. However, these commitments remain largely insufficient to meet the Paris Agreement targets. 🚨 By 2030, projected emissions are still 20 to 24 GtCO2eq too high, for a current total of about 55 GtCO2eq. Of which 7 GtCO2eq is attributed to China, 1 to the United States, nearly 1 to the European Union, and 1 to India. 👉 To comply with the Paris Agreement and the 1.5°C target, NDC ambitions need to be raised, which is one of the elements of our Call for Action in this QCR #1 2024. However, the context of the invasion of Ukraine objectively hampers this direction by reallocating key resources for defense efforts and support for purchasing power in the face of inflation, away from climate preservation. Thus, the world's largest economies have recently backtracked on some essential measures for their climate policies. 👉 The next NDCs under the Paris Agreement are expected by February 2025. This led the UNFCCC, on March 14, 2024, to urge nations to build much higher ambitions. Obviously, we, Ateliers du Futur, also consider these NDCs critical for the 1.5°C target of the Paris Agreement, which must remain our goal. 🚀 Hence our Call for Action, with an international scope, which takes these observations into account, explores possible acceleration paths, and outlines the conditions for winning this challenge! Ursula von der Leyen, Kamala Harris, Joe Biden, Xi Jinping, Christine Lagarde, Jérôme Powell.

💡 2 x 30mn à tuer dans les transports? 👉 Allez hop, un petit Podcast pour se plonger dans l’actualité récente et les enjeux à court terme pour notre Climat. 👉 Et ainsi mieux comprendre notre Call for Action de ce 1er trimestre. À savourer sans modération! (Disponible sous Spotify, Apple et Autres plateformes).

🍾 It’s out! The CS3D has been published in the Official Journal of the EU, following the arduous journey leading to its adoption. 💡Highlights from Article 22, which seem to echo our December 2021 recommendation to the European Commission: 👉 “Member States shall ensure that companies … adopt and implement a transition plan for climate change mitigation, which aims to ensure, by making every effort possible, the compatibility of their economic model and strategy with the transition to a sustainable economy and the limitation of global warming to 1.5°C in accordance with the Paris Agreement and the climate neutrality objective established in Regulation (EU) 2021/1119, including its intermediate objectives and the 2050 climate neutrality horizon, and, where applicable, the company's exposure to coal, oil, and gas activities. 👉 The design of the climate change mitigation transition plan referred to in the first subparagraph shall include: a) objectives with deadlines related to climate change for 2030 and in five-year stages until 2050, based on conclusive scientific data and, where applicable, absolute targets for reducing greenhouse gas emissions for scopes 1, 2, and 3 for each major category; b) a description of identified decarbonization levers and key measures planned to achieve the objectives referred to in point a), including, where applicable, modifications to the company's product and service portfolio and the adoption of new technologies; c) an explanation and quantification of investments and financing supporting the implementation of the climate change mitigation transition plan; and d) a description of the role of administrative, management, and supervisory bodies concerning the climate change mitigation transition plan.” 👉 “Member States shall ensure that the climate change mitigation transition plan referred to in paragraph 1 is updated every 12 months and contains a description of the progress made by the company in achieving the objectives.” ✅ Important: While financial institutions are exempt from due diligence on “downstream scope 3,” the same does not apply to the duty of having a transition plan. The ECB and ACPR will naturally be responsible for monitoring the adoption and implementation of these plans for bankers and insurers. 💡Incidentally, a new source of civil liability law and prevention of greenwashing has just been born in Europe! 🏁The race against time truly begins now! Our Climate Trajectories Ranking takes on even more significance in this new context... #corporatesustainability #transitionplan #greenfinance

Bienvenue à Clémence qui nous rejoint! (https://lnkd.in/ejzSs6pV) Ingénieure diplômée de l’Institut National Agronomique Paris-Grignon, Clémence a conduit des transformations majeures tout au long de sa carrière, d’abord au sein du Boston Consulting Group (BCG), puis chez AXA où pendant près de 15 ans, elle a dirigé plusieurs business units et a été membre du comité exécutif d’AXA France. Depuis 2021, elle met son expertise au service des entreprises de la Climate tech via l’association Entrepreneurs pour la Planète. Début 2024, elle a pris la décision de se consacrer entièrement à l’environnement en créant et dirigeant un bureau d’étude spécialisé dans l’accompagnement des entreprises sur les enjeux de biodiversité. En nous rejoignant, Clémence apporte aux ADF une passerelle entre le changement climatique et ses impacts sur la biodiversité. Une nouvelle expertise à forte valeur ajoutée!

💡 Part 3 of our Quaterly Climate Review 1: Green Technologies (Thank you Bernard!) The energy used worldwide continues to grow and is still 80% fossil-based. However, there are some good news by the end of 2023: ✅ Renewable Energy Sources (RES) have developed at an unprecedented pace in recent years: 👉 In 2023, new global photovoltaic solar capacity increased by 80% compared to 2022! China accounts for the largest share of this result, but North America increased its PV capacity by more than 50%, and Europe by 30%. 👉 New wind installations grew by 60% in 2023 compared to 2022, despite a slowdown in the United States and a slower than expected start of offshore wind globally. ✅ Electric vehicles are taking off! Although light EVs still only represent 3% of the global stock, their share of new sales has reached 20%. 🚨 But not all sectors contributing to the Paris Agreement are progressing at the required speed: 👉 Heat pumps, essential for decarbonizing buildings, remain expensive, and their sales are stagnant, except in China where growth is still slightly positive. 👉 Biogas is developing slowly: since 2017, the quantities produced have increased by 17%. But much more needs to be done! 👉 Hydrogen, the only way to massively decarbonize industry and heavy transport, is starting to develop: global electrolyzer capacity reached 1300 MW in 2023, with 600 MW installed in 2023. It is important to note that China alone accounts for three-quarters of this growth. 👉 Energy efficiency: While countries in Dubai have committed to doubling their improvement rate to +4% per year by 2030, 2023 has fallen below the 2% mark. Prospects for 2030: ✅ Renewable electricity is on track for COP 28. According to the IEA, the world is heading towards a 2.5-fold increase in renewable electricity production by 2030, close to the target of tripling. What is most needed to reach the 2030 milestones of "Net Zero" 2050: Means to compensate for the intermittency of RES: 👉 Grid-scale batteries to provide the necessary flexibility to balance production and consumption. To align with the tripling of renewable electric energies between 2022 and 2030, installed storage capacities need to be multiplied by six. This competes with electric vehicle batteries for raw materials. 👉 Storable RES to reduce the strain on buffer storage: Accelerate these energies such as biogas, geothermal, and thermal storage. The IEA recommends quadrupling the biogas/biomethane sector by 2030. 💡Finally, let us remember that 35% of today's emissions will require new technologies (fusion, SAF, CCUS). Significant R&D efforts are therefore urgently needed. Hence our call to action.

💡 Un webinaire pour commenter notre 1er Call for Action de 2024! 📆 Les inscriptions sont ouvertes pour cet événement qui se tiendra en streaming le 21/06 à 11h30. Lors de notre 1er exercice de Quaterly Climate Review, les Ateliers du Futur ont réalisé une synthèse des récents développements et perspectives sur 5 domaines clé: 👉 Climat et impacts physiques, 👉 Emissions de GES, 👉 GreenTechs, 👉 Politiques publiques, 👉 Finances. ✅ A partir de ce constat, nous avons élaboré 10 recommandations prioritaires qui constituent notre Call for Action à l'intention des décideurs politiques. 🔆 Cette session sera l'occasion de les approfondir avec nos principaux contributeurs. A vos agendas!

💡 Un webinaire pour commenter notre 1er Call for Action de 2024! 📆 Les inscriptions sont ouvertes pour cet événement qui se tiendra en streaming le 21/06 à 11h30. Lors de notre 1er exercice de Quaterly Climate Review, les Ateliers du Futur ont réalisé une synthèse des récents développements et perspectives sur 5 domaines clé: 👉 Climat et impacts physiques, 👉 Emissions de GES, 👉 GreenTechs, 👉 Politiques publiques, 👉 Finances. ✅ A partir de ce constat, nous avons élaboré 10 recommandations prioritaires qui constituent notre Call for Action à l'intention des décideurs politiques. 🔆 Cette session sera l'occasion de les approfondir avec nos principaux contributeurs. A vos agendas!

SB 60 Conference in Bonn: What Are the Goals? Today marks the end of the SB 60 conference in Bonn, where key technical discussions were held to prepare for COP29. ❓ What major topics are under negotiation? ✅ First, let's recall the major outcomes of COP28 in Dubai, which we attended: 👉 Global Stocktake (GST) of Fossil and Renewable Energies: In the last hours of the conference, a major political decision on the GST sent a strong signal regarding the phasing out of fossil fuels. For the next seven years, it sets key collective goals:   - Triple renewable energy capacity by 2030   - Double energy efficiency by 2030   - Accelerate the phase-out of coal plants, develop nuclear energy, green hydrogen, etc. 👉 Global Loss and Damage Fund: Adoption of the operational modalities of the global fund for loss and damage related to climate events that are impossible to adapt to. The World Bank announced its agreement to host it for four years. ✅ The key negotiation topics in Bonn follow the major decisions made at previous COPs. They are the subject of so-called "mandated" meetings and workshops: 👉 Annual Dialogue on the COP 28 Decision on the Global Stocktake: This includes the crucial topic of enhancing national trajectories of Nationally Determined Contributions (NDCs) to collectively achieve the Paris Agreement's goal, as well as technology transfers and support for developing countries (as requested by COP28). 👉 Loss and Damage Fund: Final negotiations aiming at its operationalization. 👉 Climate Finance: On May 29, the OECD indicated that the financing goal for developing nations finally reached 100 billion euros in 2022, with a two-year delay. A new target must be set effective from 2026. However, according to a 2022 report, this amount barely covers the cost of adaptation for these countries, while their decarbonization investments need to reach 1 trillion dollars per year by 2030, excluding China. 👉 Mitigation: The meetings of technical bodies must highlight good practices and recommendations to enhance the goals and action plans of the NDCs currently under review, as well as associated financing pathways. 👉 Market Mechanism: Article 6 of the Paris Agreement allows parties to "export" their decarbonization efforts to third countries, while avoiding double counting. The financing conditions for this mechanism are still not stabilized. 👉 Just Transition: COP28 stabilized the scope of impacts to be addressed. It is necessary to continue advancing on the catalog of best practices and validate its usefulness. Just like our Call for Action! #COP #CMP

Shadow COP 1-2024: Our Call to Political Leaders and Central Bankers 💡 It is imperative that world leaders invest in the fight against climate change not only to protect the planet and its inhabitants but also to ensure a prosperous and stable future for all humanity. Let’s remind ourselves of the basics: 👉 It’s a Global Emergency, 👉 with Tangible Economic Impacts, 👉 leading to our Moral and Ethical Responsibility, 👉 but Winning Diplomacy is possible, 👉 with suitable Investments in Technology and Innovation. 👍 Our Q1-2024 Call to Action to invigorate global governance can be summarized in 10 commandments: ✅ To elevate Collective Willingness: 1- A tighter global climate governance system, 2- Monitoring of Methane Commitments from COP 28, 3- Faster and more ambitious Nationally Determined Contributions (NDCs) from the 10 largest global emitters, 4- Mandatory Transition Plans more broadly implemented worldwide, 5- In their absence, limit dividend distributions, ✅ To elevate Financial Capability: 6- Green financing by Central Banks, 7- Better conditions for the Development of private financing, ✅ To elevate Know-how: 8- Increase R&D, 9- Boost certain targeted subsidies, 10- Invest in climate data and modeling. Discover the details on our blog! 👏 Thanks to the entire team: Marie-Sylvie, Philippe, Bernard, Noel, and Matthieu, for these two months of preparation and brainstorming aimed at feeding the reflections of Political Leaders and Central Bankers!