Powering Past Coal Alliance

General

Name of initiative Powering Past Coal Alliance
LPAA initiative No
NAZCA Initiative Yes
Website address https://poweringpastcoal.org/
Related initiatives
Starting year 2017
End year
Secretariat Coordinated by E3G and Pembina.
Organisational structure Secretariat. Co-founded and co-chaired by Canadian and UK Governments.
Geographical coverage Global
Name of lead organisation Powering Past Coal Alliance
Type of lead organisation Other
Location/Nationality of lead organisation

Description

Description The members of the Powering Past Coal Alliance work together to share real-world examples and best practices to support the phase-out of unabated coal, including through climate finance, and to adopt practical initiatives to support this transition, including through developing clean energy plans and targets.
Objectives The commitment is to working together is informed by science-based benchmarks that show that EU and OECD countries must phase out unabated coal-fired electricity generation no later than 2030, with the rest of the world no later than 2050 to limit global warming and the impacts of climate change.
Activities Private sector partners are expected to make a specific commitment by joining the alliance that would contribute to the phase out of unabated coal from the power sector within a timeframe compatible with the Powering Past Coal declaration. The commitment depends on the nature of their business. (Unabated coal power generation refers to the use of coal without any technologies to substantially reduce its CO2 emissions, such as carbon capture and storage).

Large consumers of electricity commit to: Powering their operations without unabated coal-fired electricity. Recognizing that businesses must often connect to the grid in countries that still use coal, fulfilling this commitment can take the form of clean electricity contracts with utilities, Power Purchase Agreements that exclude coal, or the purchase of clean electricity certificates for a company’s operations. For example, commitments such as those made under the RE100 would enable a company to be a partner in the Alliance.

Electricity suppliers or generators commit to: Phasing out unabated coal-fired power stations from their asset base within a timeframe compatible with the Paris Agreement, and not building new unabated coal-fired power stations without operational carbon capture and storage.

Investors commit to: Restricting financing to existing unabated coal fired power stations to promote their phase-out within a timeframe compatible with the Paris Agreement, and restricting finance to new unabated coal fired power stations without operational carbon capture and storage.

One or two success stories achieved

Monitoring and Impacts

Function of initiative Political dialogue
Activity of initiative Policy planning and recommendations
Indicators
Policy planning and recommendations — Stakeholders endorsing a policy
Year2019
Value (#)80
Goals
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 116  
Companies 43 Aberdeen Standard Investments (United K.),Alterra Power Corp. (Canada),ArcTern Ventures (Canada),Autodesk (USA),Avant Garde Innovations (USA),Aviva (United K.),Axa Investment Managers (United K.),BT (United Kingdom),Caisse des Dépôts Group (France),CCLA Investment Management (United K.),Church Commissioners for England (United K.),Church of England Pensions Board (United K.),Desjardins Group (France),Diageo (United Kingdom),Central Finance Board of the Methodist Church and Epworth IM (United K.),Drax (United Kingdom),DSM (United Kingdom),Econet Group (Finland),EcoSmart (Belgium),Electricité de France - EDF (France),Engie (France),GeoExchange Coalition (Canada),GreenScience (Canada),Hermes Investment management (United Kingdom),Iberdrola (Spain),Kering (France),Legal and General (United K.),Marks and Spencer (United Kingdom),National Grid ESO (United Kingdom),Natura Cosmetics (Brazil),Ørsted (Denmark),Pacific Islands Development Forum (Fiji),Robeco (Netherlands),Salesforce (USA),Schroders (United Kingdom),Scottish Power (United Kingdom),SSE (United Kingdom),Storebrand (Norway),Swiss RE (Switzerland,The Church Commissioners for England (United Kingdom),Unilever (United Kingdom),Varma Mutual Pension Insurance Company (Norway),Virgin Group (United Kingdom),XPND Capital (Canada).
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 1 Pacific Islands Development Forum (Fiji).
National states 33 Angola,  Austria,  Belgium,  Canada,  Costa Rica,  Denmark,  El Salvador,  Ethiopia,  Fiji,  Finland,  France,  Germany,  Greece,  Ireland,  Israel,  Italy,  Latvia,  Liechtenstein,  Lithuania,  Luxembourg,  Marshall Islands,  Mexico,  Netherlands,  New Zealand,  Niue,  Portugal,  Senegal,  Slovakia,  Sweden,  Switzerland,  Tuvalu,  United Kingdom,  Vanuatu.
Governmental actors 0
Regional / state / county actors 28 Australian Capital Territory (Australia),  Alberta (Australia),  British Colombia (Canada),  Balearic Islands (Spain),  California (USA),  South Chungcheong Province (South Korea),  Connecticut (USA),  Hawaii (USA),  Honolulu (USA),  Ilocos Norte (Philippines),  Los Angeles (USA),  Melbourne (Australia),  Minnesota (USA),  Negros Oriental (Philippines),  State of New Jersey (USA),  State of New York (USA),  New Taipei City (Taiwan),  Ontario (Canada),  Oregon (USA),  Philadelphia (USA),  Puerto Rico (USA),  Quebec (Canada),  Rotterdam (Netherlands),  Scottish Government (United Kingdom),  Sydney (Australia),  Vancouver (Canada),  Welsh Government (United Kingdom),  State of Washington (USA).
City / municipal actors 6 Honolulu (USA),  Los Angeles (USA),  Melbourne (Australia),  Rotterdam (Netherlands),  Sydney (Australia),  Vancouver (Canada).
Intergovernmental organisations 0
Financial Institutions 5 CCLA Investment Management (United Kingdom),  Hermes Investment Management (United K.),  Shroeders (United K.),  Storebrand (Norway),  The Church Commissioners For England (United K.).
Other members 0
Supporting partners 0
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No Yes Yes No No No Yes No No Yes No No Yes No No No No No No Yes
Last update: 8 July 2020 10:52:37

Not only have national states as participators