Both IOGP and IPIECA were present at the 23rd session of the Conference of the Parties (COP23) held in Bonn on behalf of the Fijan Presidency. This year’s agenda included a continuation of the negotiations and agreement on the finer details for implementation of the COP21 Paris Agreement.
As IPIECA reports, while some progress was made in key areas, such as market mechanisms for helping countries to achieve their Nationally Determined Contributions (NDCs) agreed in Paris, ‘much remains to be done’. The secretariat of the United Nations Framework Convention on Climate Change will flesh out relevant documents between now and May 2018, when negotiations will resume. The aim is to have agreed final texts at COP24, which will be in Katowice, Poland in November, 2018.
According to IOGP Global Engagement Manager Olaf Martins, who was accredited to the Blue Zone in Bonn, the event provided an excellent opportunity to listen, learn and informally put our industry’s points across. “Oil and gas are an integral part of the solution to the climate change challenge. Whenever we spoke about energy efficiency, carbon capture & storage and reducing methane emissions, the initiatives we described were very well received,” Olaf recalls.