COP27
2022
Outline of the Event
November 06, 2022 – November 18, 2022
Red Sea Resort of Sharm El Sheikh, Sharm El Sheikh, Cairo, Egypt
The United Nations Framework Convention on Climate Change
Details
What is COP27?
The United Nations Framework Convention on Climate Change (the Convention or UNFCCC) is an international treaty which acknowledges the existence of anthropogenic climate change and provides the framework for climate change negotiations. The Convention was adopted in 1992 during the ‘Earth Summit’ in Rio de Janeiro, with the treaty entering into force in 1994 and 196 countries ratifying it. The Conference of the Parties (COP) is the supreme decision-making body of the UNFCCC and is made up of representatives from all parties.
The COP has met each year since 1995 to review the implementation of the Convention. Each COP elaborates and builds on the decisions and resolutions of previous COPs, with the Kyoto Protocol adopted at COP3 in 1997 being one of the better-known agreements. At COP21 the "Paris Agreement" was reached and has been widely proclaimed as a historic deal and one that will inevitably lead to decarbonisation. Following this plan, COP26 summit will bring together delegates from 195 countries together to accelerate action towards the goals of the Paris Agreement: first and foremost, to tackle climate change and contain the increase of the planet’s temperature below 1.5C.
COP27 reached a breakthrough agreement to provide "loss and damage" funding for vulnerable countries hit hard by climate disasters.
The agreements reached at the end of COP27 are not binding for the countries that take part in the conference, but based on them the official roadmap for sustainability action plans in each country will be drafted. This is why COP27 is regarded as the most important conference in the world in the fight against climate change.
*Source of content:
https://www.un.org/en/climatechange/cop27
https://unfccc.int/cop27
Hitachi Group Companies
Hitachi Activities
Hitachi was a core contributor to the event through the following activities:
Hitachi exhibited in the Japan Pavilion. We showcased our approaches and solutions in a real exhibition through a hybrid diorama under the following theme — A Green and Well-being Society, our theme outline in the exhibition and our presentation plan in the Japan Pavilion was centric under the following:
- We realize a sustainable society through the DX cycle providing from consulting to construction, operation, and maintenance of systems. Four approaches are introduced.
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Mass introduction of non-fossil power through a resilient grid.
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Spread of carbon-free smart mobility.
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Stable supply of green energy by integrated power and hydrogen.
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Carbon circulation where CO2 is collected and utilized.
The main representative from Hitachi Group Companies was Hitachi Energy which showed videos and slides related to various services and products of Hitachi Energy for sustainability, utility, transportation, datacentre and industrial.
Ms. Megumu Tsuda, Corporate Officer, General Manager, Sustainability Promotion Division, Hitachi, Ltd., led a panel discussion under the following topic: "Showcasing business ambition, action and accountability for enhanced policy making" hosted in Business Pavilion [Blue Zone].
Ms. Tsuda also participated in a panel discussion highlighted following topic:
"Achieving global GX: Towards a net-zero society through appropriate evaluation
of [Mitigation Contribution]" hosted by METI (Ministry of Economy, Trade and
Industry) in Japan Pavilion. In this panel, Ms. Tsuda shared the importance of
avoiding emissions and what are the challenges including the necessity of global
standards etc.
Ms. Tomoko Suzuki, Corporate Officer/Corporate Chief Researcher, Research & Development Group, Hitachi, Ltd., gave a speech in Japan Pavilion under following topic: "Innovative technologies of Japanese companies that can contribute to mitigation and adaptation" hosted by METI and NEDO (New Energy and Industrial Technology Development Organization). In this event, Ms. Suzuki shared advanced solutions in wide-ranging areas of climate mitigation and adaptation, enabling clean energy and green mobility in cities, protecting ecosystem resilience in the natural environment.
Mr. Michihiro Kishimoto, Environment Strategy Director, Environment Strategy Business Division, Hitachi, Ltd., participated in panel discussion in Japan Pavilion under the following topic: "Now is the time to accelerate action: Japanese non-state actors’ path to net-zero" hosted by JCI (Japan Climate Initiative). In this event, Kishimoto shared Hitachi’s activities including Omika Green Network.
Mr. Claudio Facchin, Senior Vice President and Executive Officer, CEO of Power Grids Business Unit/CEO of Hitachi Energy Ltd., participated in a panel discussion in Swedish Pavilion [Innovation Zone] where Mr. Claudion discussed "Ensuring a just energy transition" in conversation with SSE and the national grid.
Hitachi Products & Solutions:
Hitachi was a core contributor to the event through the following products and solutions:|
HVDC (High-Voltage Direct Current) |
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EconiQTM: Eco-efficient Portfolio |
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Nuclear |
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e-mesh PowerStoreTM |
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Energy Portfolio Management (EPM) |
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Lumada Inspection Insights |
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Grid-eMotion® Fleet |
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Grid-eMotion® Flash |
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Charging Infrastructure (Multiport Charging) |
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Battery Diagnosis |
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Intelligent Mobility Management |
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Battery Trains |
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EV (In Wheel Motor) |
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Hydrogen Production System |
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Multi-Grid Management |
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Solar Chemical Synthesis System |
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Synthetic Biotechnology System QR Code |
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About 47,000 participants from about 200 countries attended COP27. The "Sharm El Sheikh Implementation Plan" was achieved, calling for the strengthening of efforts in all climate change actions. As following:
- Decided to establish a Loss and Damage Fund to assist with disaster loss and damage associated with the adverse impacts of climate change on vulnerable countries.
- In addition to coal, there is increasing criticism of power derived from fossil fuels. At the venue, there was strong criticism of financial institutions that finance gas-fired power generation.
- Nuclear power is being reviewed in the context of energy security and climate change actions. For the first time, the IAEA and other nuclear-related organizations jointly had a pavilion.
- Although many government officials, participants from the private sector have increased relatively. It becomes a valuable place for information release (Rule/Marketing) for private sector.
