Investment Forum of G20 Energy Ministerial - BALI DECLARATION The Alliance for Industry Decarbonization

Investment Forum of G20 Energy Ministerial Bali, Indonesia 1 September 2022 BALI DECLARATION The Alliance for Industry Decarbonization The Alliance for Industry Decarbonization has issued this public declaration at the G20 Investment Forum on Energy Transitions at the margins of the G20 Energy Transitions Ministerial. [...] Recalling the Resolution adopted by the United Nations General Assembly on 25 September 2015, “Transforming our World: The 2030 Agenda for Sustainable Development”, and its 17 Sustainable Development Goals (SDGs); Recalling the Paris Agreement adopted by the Conference of the Parties to the UNFCCC in enhancing the implementation of the Convention, including its objectives, aims to strengthen the g. [...] With the right policy frameworks and adequate financing in place, this pathway fosters economic growth, creates jobs, improves welfare, and closes the energy access gap; Noting that WETO also calls that decarbonisation of end uses is the next frontier, with many solutions provided through electrification coupled with renewable energy, green hydrogen and the direct use of renewables. [...] Reaching zero emissions across the industrial sectors will require radical shifts in how materials are produced, consumed and disposed; Recognizing the need for an effective and progressive response to the urgent threat of climate change on the basis of best available scientific knowledge and the importance on international cooperation and enduring partnerships in doing so, including, internationa. [...] − Assign the International Renewable Energy Agency (IRENA) to host the Secretariat of the Alliance to coordinate and facilitate its activities in close dialogue with members; − Develop work programme that will define a detailed scope of activities of the Alliance; − Meet periodically to maintain dialogue, collaboration and exchange of knowledge, adhering to the highest standards and principles of.