Message to the P4G Summit
Summary
The statement argues that 100% clean power is a prerequisite for global carbon neutrality by 2050, as established by the IEA. It calls on P4G member countries to leverage recent momentum from the IEA and G7 to transition their power sectors away from fossil fuels, particularly coal, noting that the power sector must reach net zero well before the wider economy to enable the decarbonization of other sectors.
Key insights
- The International Energy Agency (IEA) identifies 100% clean power as a necessary requirement for the global transition to net zero by 2050, with the power sector expected to become the only 100% clean sector by 2040.
- The power sector must achieve net zero significantly earlier than the overall economy because global electricity demand is projected to increase by 50% by 2030, making clean power essential for decarbonizing other sectors.
- P4G member countries, particularly South Africa, South Korea, Indonesia, and Vietnam, have significant coal fleets, much of which is sub-critical, necessitating bespoke governmental climate financing to facilitate a rapid shift from coal in emerging and developing nations.
Cite the original document
- APA
- Ember (2021). Message to the P4G Summit. https://ember-energy.org/latest-insights/message-to-the-p4g-summit
- Chicago
- Ember. Message to the P4G Summit. 2021. https://ember-energy.org/latest-insights/message-to-the-p4g-summit.
- Wikipedia
- {{cite press release |author=Ember |title=Message to the P4G Summit |date=27 May 2021 |url=https://ember-energy.org/latest-insights/message-to-the-p4g-summit |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{ember2021message, author = {{Ember}}, title = {{Message to the P4G Summit}}, publisher = {Ember}, year = {2021}, month = may, url = {https://ember-energy.org/latest-insights/message-to-the-p4g-summit}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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