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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a58c443f0137
DTSTART:20241209T092000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20241209T120000Z
LOCATION:Geneva\, Switzerland
SUMMARY:Session 1: Adaptation to the energy transition in fossil fuel-depen
 dent developing countries
CLASS:PUBLIC
DESCRIPTION:Just over 80 per cent of the world&#039\;s energy demand is cur
 rently met by fossil fuels. However\, the ongoing climate change emergency
  has made it imperative that a fundamental shift in the sources of energy 
 that power the day-to-day activities of businesses and households across t
 he globe take place.This transition away from fossil fuels towards renewab
 le sources of energy is already underway — for every dollar invested in 
 fossil fuels today\, $1.80 is invested in clean energy technologies and in
 frastructure2 — and it is expected to accelerate its pace in the coming 
 years.This session will address the challenges and opportunities posed by 
 the global energy transition for developing countries reliant on fossil fu
 el exports.This includes adapting to decreased fossil fuel demand and secu
 ring alternative revenue sources to enhance economic resilience amidst pot
 ential shocks like reduced Foreign Direct Investment and asset stranding.
  Questions to be addressed:What are the challenges facing energy export-d
 ependent developing countries? How are vulnerable countries preparing to 
 address the macroeconomic challenges of the energy transition? Are there 
 environmentally sustainable opportunities through value addition to contri
 bute to economic growth in these countries? &lt\;p&gt\;Just over 80 per c
 ent of the world&#039\;s energy demand is currently met by fossil fuels. H
 owever\, the ongoing climate change emergency has made it imperative that 
 a fundamental shift in the sources of energy that power the day-to-day act
 ivities of businesses and households across the globe take place.&lt\;/p&g
 t\;&lt\;p&gt\;This transition away from fossil fuels towards renewable sou
 rces of energy is already underway — for every dollar invested in fossil
  fuels today\, $1.80 is invested in clean energy technologies and infrastr
 ucture2 — and it is expected to accelerate its pace in the coming years.
 &lt\;/p&gt\;&lt\;p&gt\;This session will address the challenges and opport
 unities posed by the global energy transition for developing countries rel
 iant on fossil fuel exports.&lt\;/p&gt\;&lt\;p&gt\;This includes adapting 
 to decreased fossil fuel demand and securing alternative revenue sources t
 o enhance economic resilience amidst potential shocks like reduced Foreign
  Direct Investment and asset stranding.&lt\;br&gt\;&amp\;nbsp\;&lt\;/p&gt\
 ;&lt\;h4&gt\;&lt\;strong&gt\;Questions to be addressed:&lt\;/strong&gt\;&l
 t\;/h4&gt\;&lt\;ul&gt\;&lt\;li&gt\;What are the challenges facing energy e
 xport-dependent developing countries?&lt\;br&gt\;&amp\;nbsp\;&lt\;/li&gt\;
 &lt\;li&gt\;How are vulnerable countries preparing to address the macroeco
 nomic challenges of the energy transition?&lt\;br&gt\;&amp\;nbsp\;&lt\;/li
 &gt\;&lt\;li&gt\;Are there environmentally sustainable opportunities throu
 gh value addition to contribute to economic growth in these countries?&lt\
 ;br&gt\;&amp\;nbsp\;&lt\;/li&gt\;&lt\;/ul&gt\;\n\nView meeting on unctad.o
 rg\nhttps://unctad.org/meeting/session-1-adaptation-energy-transition-foss
 il-fuel-dependent-developing-countries
DTSTAMP:20260716T114507Z
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