The 26th UN Climate Change Conference of the Parties (COP26) hosted in Glasgow, UK, 31 October – 12 November 2021 will be a key moment in the global effort against climate change. It will mark the fifth COP since the Paris Agreement, and is therefore the first review and a moment to step up ambition. The energy sector has a central role to play in facilitating economy-wide decarbonisation, and while setting ambitious decarbonisation targets is the role of governments, the national, sub-national and supra-national energy regulatory bodies have a critical role to play in turning these policies into reality.
Great Britain's energy regulator, CEER Member Ofgem, is using the occasion of COP26 to highlight the role of energy regulators in the energy transition, and increase knowledge sharing on decarbonisation. There are many common challenges, and there is scope to learn from different regulatory regimes, as well the need to develop new ways of tackling new challenges.
Ofgem has already hosted a number of themed COP26 events, and will be hosting a number of events over COP26 itself, in conjunction with relevant international organisations. More information can be found on Ofgem’s website: https://www.ofgem.gov.uk/green-fair-future-ofgems-cop26-programme and details of joining Ofgem’s COP26 events can be found here: https://www.ofgem.gov.uk/publications/ofgem-cop26
CEER would also like to inform you of a new platform: The Regulatory Energy Transition Accelerator (RETA/the Accelerator) is a platform for global collaboration between regulators to increase the pace of the energy transition in order to reach our climate goals.
- You can find the recording of the launch event session (‘Accelerating the Energy Transition Conference’) here, along with recordings of the other Ofgem events run throughout COP26.
- A blog post by Ofgem’s CEO, Jonathan Brearley, on accelerating the clean energy transition – published here.
- The Joint Statement: Regulatory Energy Transition Accelerator.
- The website for the Accelerator available at RETA the Accelerator.