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Covenant of Companies for Climate and Energy
Important notice on pledging

From 6-20 November, leaders and representatives from all over the world met in Sharm-el-Sheikh, Egypt, to take part at COP27 and to discuss the next actions towards achieving the world’s collective climate goals as agreed under the Paris Agreement.

The EU confirmed its commitmentSearch for available translations of the preceding linkEN••• to supporting the most vulnerable on our planet through a first contribution on loss and damage, agreed together with the United States. However, the low commitment of some countries has put the global goal to limit warming to 1.5 degrees Celsius under discussion. This is particularly dangerous considering that we are on a very tight timeline.

During COP27 the CCCE had the chance to take part in a pavilion focused on climate neutral and smart cities with and for citizens on Thursday, 17 November. Representatives from the institutions and academia joined the debate and discussed the main challenges and big successes achieved in 2022. Paolo Bertoldi, Senior Expert at the Joint Research Centre, highlighted that becoming climate neutral at the latest in 2050 is and EU-wide goal, and all EU Member States are committed to achieving this objective. According to the JRC’s analysis, cities are monitoring their goals each year and most of them are making sure they actually deliver on them. The next big challenge is adaptation, and all non-state actors should complement EU and global efforts to achieve these objectives. Eero Ailio from DG ENER, European Commission, stressed the fact that in the EU and beyond we do not have the experience of living in an energy crisis. For this reason, the habit to cut consumption is relatively new but it is essential to be fostered in the current crisis context that we are living in.

More information on the COP27 Session “Climate neutral and smart cities with and for citizens” is available here.

  • energy industry
  • Sunday 6 November 2022, 09:00 - Sunday 20 November 2022, 17:00 (EET)

Practical information

Sunday 6 November 2022, 09:00 - Sunday 20 November 2022, 17:00 (EET)