EDP participates in COP26
The COP (Conference of the Parties) has been in existence since 1995 and, after being delayed due to the COVID-19 pandemic, is now holding its 26th meeting in Glasgow, from October 31st to November 12th, 2021. To discuss measures and policies in fighting climate change, government representatives from around 200 countries and companies with a leading role in the environmental sector, such as EDP, will be present.
Paris Agreement
Six years have passed since the Paris Agreement, an idea presented in COP21, where the urgency in the face of global warming and the need to maintain an average temperature below 1.5 ºC became evident.
According to the latest IPCC report - Intergovernmental Panel on Climate Change - human beings are the main responsible for climate change, it is up to us all to play a role in the fight. That is also the importance of a conference of this dimension: reaching an agreement with the world's leaders, ensuring that the goals are met, so that the efforts are greater and able to match the little time left there is, in order to make a difference on the planet.
The priorities of COP26 are also those of EDP
The priorities of the Presidency of COP26 (mitigation, adaptation, collaboration and finance) have been part of EDP's strategy to fight climate change, placing us at the heart of the energy transition. We are focused on the ESG - Environmental, Social and Governance themes, which include green and clean energies, the decarbonization of the sector, the electrification of consumption, the protection of communities and habitats, the promotion of fairer energy.
We are changing tomorrow now.
hydrogen
EDP plans to invest in 1.5 GW of renewable hydrogen by 2030
With @cop26uk, EDP has just signed a commitment, together with 28 other companies from around the world, to invest in hydrogen as a solution for a greener world.
Talk with Miguel Setas
Directly from Glasgow, Miguel Setas, Executive Board Member of EDP, answered some questions from EDP's Your Board members - a group of young EDP employees that work on some of the company's business challenges - about COP26's agenda and EDP's strategy on climate action.
Watch the conversation below:
EDP and COP
some priorities
EDP's strategic commitments
All green by 2030
Carbon Neutral by 2030
Coal free by 2025
+ 20GW renewable by 2025
24BN€ in energy transition by 2025