• DecarbonisingTransportWeek
World leaders join UK’s Glasgow Breakthroughs to speed up affordable clean tech worldwide

World leaders join UK’s Glasgow Breakthroughs to speed up affordable clean tech worldwide

Prime Minister Boris Johnson launches an international plan to deliver clean and affordable technology everywhere by 2030 at COP26.

The UK Prime Minister is launching an international plan to deliver clean and affordable technology everywhere by 2030 at COP26 today.

Over 40 world leaders have backed and signed up to the new Breakthrough Agenda, including the US, India, EU, China, developing economies and some of the countries most vulnerable to climate change – representing more than 70% of the world’s economy and every region.

Modelled on the UK’s landmark Net Zero Strategy, the Breakthrough Agenda will see countries and businesses coordinate and strengthen their climate action each year to dramatically scale and speed up the development and deployment of clean technologies and drive down costs this decade.

The aim is to make clean technologies the most affordable, accessible and attractive choice for all globally in each of the most polluting sectors by 2030, particularly supporting the developing world to access the innovation and tools needed to transition to net zero.

Prime Minister Boris Johnson is setting out the first five goals, the Glasgow Breakthroughs, collectively covering more than 50% of global emissions:

  • Power: Clean power is the most affordable and reliable option for all countries to meet their power needs efficiently by 2030.
  • Road Transport: Zero emission vehicles are the new normal and accessible, affordable, and sustainable in all regions by 2030.
  • Steel: Near-zero emission steel is the preferred choice in global markets, with efficient use and near-zero emission steel production established and growing in every region by 2030.
  • Hydrogen: Affordable renewable and low carbon hydrogen is globally available by 2030.
  • Agriculture: Climate-resilient, sustainable agriculture is the most attractive and widely adopted option for farmers everywhere by 2030.

The plan will see countries and businesses work closely through a range of leading international initiatives to accelerate innovation and scale up green industries – this includes, for example, stimulating green investment through strong signals to industry about the future economy, aligning policies and standards, joining up R&D efforts, coordinating public investments and mobilising private finance particularly for developing nations.

Delivering the first five breakthroughs could create 20 million new jobs globally and add over $16 trillion across both emerging and advanced economies.

This comes as the PM hosts world leaders on the second day of the COP26 World Leaders Summit at a session on clean innovation and technology.

UK Prime Minister Boris Johnson said “The Glasgow Breakthroughs will turbocharge this forward, so that by 2030 clean technologies can be enjoyed everywhere, not only reducing emissions but also creating more jobs and greater prosperity.”

The Glasgow Breakthroughs will drive forward global progress to halving emissions by 2030, which is crucial to keeping the limit to temperatures rises to 1.5C within reach, and will support the UK Presidency’s key aims to secure global action on phasing out coal and accelerating the transition to electric vehicles.

Through the Net Zero strategy, the UK is leading the way in transforming these industries internationally and helping bringing down the costs of these technologies through billions of pounds of investment.

The UK’s and other countries’ investment and growth in green industries has proven costs can fall – for example by around 60% in offshore wind and around 90% in battery technology for electric vehicles in the decade to 2020. Replicating this around the world will be crucial to helping halve global emissions by 2030.

In support of this agenda, the Prime Minister yesterday launched the ‘Clean Green Initiative’ at COP26, a major funding package of £3 billion in investments and guarantees to support the rollout of sustainable infrastructure and revolutionary green technology in developing countries, helping to tackle climate change and boost economic growth.

The UK has also doubled its international climate finance of £11.6 billion over five years, with an extra £1bn in 2025 if the economy grows as forecast, supporting developing nations to access clean technology and build green infrastructure.

End.

Green Infrastructure Week curates’ content from the entire ecosystem around green infrastructure from government and NGOs to respected commentators. 

Feel free to share this content with your social media community using #GreenInfrastructureWeek  

During Green Infrastructure Week we will host a programme of live and exclusive free-to-attend webinars. Stay in touch with event updates by registering here.