Difference between revisions of "Powering Past Coal Alliance"

 
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{{Climate initiative
 
{{Climate initiative
|Name of initiative=Powering Past Coal Alliance
+
|Name of initiative=Powering Past Coal Alliance (PPCA)
 
|LPAA initiative=No
 
|LPAA initiative=No
 
|NAZCA Initiative=Yes
 
|NAZCA Initiative=Yes
 
|Website address=https://poweringpastcoal.org/
 
|Website address=https://poweringpastcoal.org/
 
|Starting year=2017
 
|Starting year=2017
|Secretariat=Bloomberg New Energy Finance
+
|Secretariat=secretariat@poweringpastcoal.org
|Organisational structure=In April 2018 at the Bloomberg New Energy Finance Global Future of Energy Summit in New York, the co-founders of the Alliance, Ministers McKenna and Perry, signed a letter of collaboration with Bloomberg Philanthropies to support best practice approaches to the coal transition.
+
Coordinated by E3G and Pembina.
 +
|Organisational structure=Secretariat. Co-founded and co-chaired by Canadian and UK Governments.
 
|Geographical coverage=Global
 
|Geographical coverage=Global
 
|Name of lead organisation=Powering Past Coal Alliance
 
|Name of lead organisation=Powering Past Coal Alliance
 
|Type of lead organisation=Other
 
|Type of lead organisation=Other
|Location/Nationality of lead organisation=United States of America
 
 
|LPAA Theme Transport=No
 
|LPAA Theme Transport=No
 
|LPAA Theme Agriculture=No
 
|LPAA Theme Agriculture=No
 
|LPAA Theme Forestry=No
 
|LPAA Theme Forestry=No
 
|LPAA Theme Business=Yes
 
|LPAA Theme Business=Yes
|LPAA Theme Financial institutions=No
+
|LPAA Theme Financial institutions=Yes
 
|LPAA Theme Buildings=No
 
|LPAA Theme Buildings=No
 
|LPAA Theme Industry=No
 
|LPAA Theme Industry=No
Line 32: Line 32:
 
|LPAA Theme Innovation=No
 
|LPAA Theme Innovation=No
 
|LPAA Theme Energy Access and Efficiency=No
 
|LPAA Theme Energy Access and Efficiency=No
|LPAA Theme Private Finance=No
+
|LPAA Theme Private Finance=Yes
|Description=The members of the Powering Past Coal Alliance will work together to share real-world examples and best practices to support the phase-out of unabated coal, including through climate financing, and to adopt practical initiatives to support this transition, including through developing clean energy plans and targets.
+
|Description=The Powering Past Coal Alliance (PPCA) is a coalition of national and sub-national governments, businesses and organisations working to advance the transition from unabated coal power generation to clean energy.
 +
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.
 
|Goals=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.
 
|Goals=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).
 
|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).
Line 42: Line 43:
  
 
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.
 
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.
|Participants companies number=32
+
|Participants companies number=70
|Participants companies names=Alterra Power Corp. (Canada), ArcTern Ventures (Canada), Autodesk (USA), Avant Garde Innovations (USA),  
+
|Participants companies names=Aberdeen Standard Investments (United K.), Alterra Power Corp. (Canada), Amundi (France), 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), Calpers (USA), Capital Power (Canada), CCLA Investment Management (United K.), Church Commissioners for England (United K.), Church of England Pensions Board (United K.), Desjardins Group (France), Diageo (United Kingdom), Drax (United Kingdom), DSM (United Kingdom), DTEK (Ukraine), Econet Group (Finland), EcoSmart (Belgium), EDP (Portugal), Electricité de France - EDF (France), Eneva (Brazil), Engie (France), Ethos Foundation (Switzerland), Export Development Canada (Canada), Fidelity International (USA),  Generation Investment Management (United K.), GeoExchange Coalition (Canada), GreenScience (Canada),  
BT (United Kingdom), Diageo (United Kingdom), 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), Marks and Spencer (United Kingdom), National Grid ESO (United Kingdom), Natura Cosmetics (Brazil), Ørsted (Denmark), Pacific Islands Development Forum (Fiji), Salesforce (USA), Schroders (United Kingdom), Scottish Power (United Kingdom), SSE (United Kingdom), The Church Commissioners for England (United Kingdom), Unilever (United Kingdom), Virgin Group (United Kingdom), XPND Capital (Canada).
+
Hermes Investment management (United Kingdom), HSBC (United K.), Iberdrola (Spain),  Impax Asset Management (United K.), Indika Energy (Indonesia), Kering (France), Legal and General (United K.), Lloyds Banking Group (United K.), M&G Plc (United K.), Marks and Spencer (United Kingdom), Mott MacDonald (United K.), National Grid ESO (United Kingdom), Natura Cosmetics (Brazil), NatWest (United K.), Ontario Power Generation (Canada), Ørsted (Denmark), Pacific Islands Development Forum (Fiji),  PensionDanmark (Denmark), Robeco (Netherlands), Salesforce (USA), Schroders (United Kingdom), SCOR Global Investments (France),
 +
Scottish Power (United Kingdom), SSE (United Kingdom), Stichting Pensioenfonds ABP (Netherlands), Storebrand (Norway), Swiss RE (Switzerland, TransAlta (Canada), Unilever (United K.), United Church of Canada (Canada), Vancity (Canada), Varma Mutual Pension Insurance Company (Norway), Virgin Group (United Kingdom), XPND Capital (Canada), ZE PAK (Poland).
 +
 
 
|Participants business organisations number=0
 
|Participants business organisations number=0
 
|Participants research and educational organisations number=0
 
|Participants research and educational organisations number=0
 
|Participants non-governmental organisations number=1
 
|Participants non-governmental organisations number=1
 
|Participants non-governmental organisations names=Pacific Islands Development Forum (Fiji).
 
|Participants non-governmental organisations names=Pacific Islands Development Forum (Fiji).
|Participants national actors number=32
+
|Participants national actors number=48
|Participants national actors names=Canada, United Kingdom, Austria, Angola, Belgium, Costa Rica, Denmark,  
+
|Participants national actors names=Albania, Angola, Austria, Azerbaijan, Belgium, Canada, Chile, Costa Rica, Croatia, Denmark, El Salvador, Estonia, Ethiopia, Fiji, Finland, France, Germany, Greece, Ireland, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Marshall Islands, Mauritius,  Mexico, Montenegro, Netherlands, New Zealand, Niue, North Macedonia, Peru, Portugal, Senegal, Singapore, Slovakia, Slovenia, Sweden, Switzerland, Tuvalu, Ukraine, United Kingdom, Uruguay, Vanuatu.
El Salvador, Ethiopia, Fiji, Finland, France, Germany, Ireland, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Marshall Islands, Mexico, Netherlands, New Zealand, Niue, Portugal, Senegal, Slovakia, Sweden, Switzerland, Tuvalu, Vanuatu.
+
 
|Participants governmental actors number=0
 
|Participants governmental actors number=0
|Participants regional actors number=22
+
|Participants regional actors number=48
|Participants regional actors names=Australian Capital Territory (Australia), Alberta (Australia), British Colombia (Canada), Balearic Islands (Spain),
+
|Participants regional actors names=Australian Capital Territory (Australia),  
California (USA), South Chungcheong Province (South Korea),  
+
Alberta (Canada),  
 +
Baden-Württemberg (Germany),
 +
Balearic Islands (Spain),
 +
British Colombia (Canada),  
 +
California (USA),  
 +
South Chungcheong Province (South Korea),  
 
Connecticut (USA),
 
Connecticut (USA),
 +
Daegu (South Korea),
 +
Durban (South Africa),
 +
Eastern Wielkopolska (Poland),
 +
Gangwon (South Korea),
 +
Guimaras (Philippines),
 +
Gyeonggi (South Korea),
 
Hawaii (USA),
 
Hawaii (USA),
 
Honolulu (USA),
 
Honolulu (USA),
 +
Incheon (South Korea),
 +
Ilocos Norte (Philippines),
 +
Jeju (South Korea),
 +
Jeollanam (South Korea),
 +
Kaohsiung City (Taiwan),
 +
Koszalin (Poland),
 +
Kyoto City (Japan),
 +
Los Angeles (USA),
 +
Masbate (Philippines),
 +
Melbourne (Australia),
 
Minnesota (USA),
 
Minnesota (USA),
 +
Negros Occidental (Philippines),
 
Negros Oriental (Philippines),  
 
Negros Oriental (Philippines),  
State of New Jersey (USA),
+
New Jersey (USA),
State of New York (USA),
+
New Mexico (USA),
 +
New York (USA),
 +
New Taipei City (Taiwan),
 
Ontario (Canada),
 
Ontario (Canada),
 
Oregon (USA),
 
Oregon (USA),
 +
Ormoc (Philippines),
 +
Philadelphia (USA),
 +
Puerto Rico (USA),
 
Quebec (Canada),
 
Quebec (Canada),
 
Rotterdam (Netherlands),
 
Rotterdam (Netherlands),
Scottish Government (United Kingdom),
+
Scottish Government (United K.),
 +
Seoul (South Korea),
 +
South Chungcheong (South Korea),
 
Sydney (Australia),
 
Sydney (Australia),
 +
Taichung City (Taiwan),
 +
Vancouver (Canada),
 +
Wałbrzych (Poland),
 
Welsh Government (United Kingdom),
 
Welsh Government (United Kingdom),
 
State of Washington (USA).
 
State of Washington (USA).
|Participants municipal actors number=3
+
|Participants municipal actors number=6
|Participants municipal actors names=Vancouver (Canada), Los Angeles (USA), Melbourne (Australia).
+
|Participants municipal actors names=Honolulu (USA), Los Angeles (USA), Melbourne (Australia), Rotterdam (Netherlands), Sydney (Australia), Vancouver (Canada).
 +
 
 
|Participants intergovernmental organisations number=0
 
|Participants intergovernmental organisations number=0
|Participants financial institutions number=2
+
|Participants financial institutions number=5
|Participants financial institutions names=CCLA Investment Management (United Kingdom), Storebrand (Norway).
+
|Participants financial institutions names=CCLA Investment Management (United Kingdom), Hermes Investment Management (United K.), Shroeders (United K.), Storebrand (Norway), The Church Commissioners For England (United K.).
 
|Participants other members number=0
 
|Participants other members number=0
 
|Participants supporting partners number=0
 
|Participants supporting partners number=0
|Number of members=
+
|Number of members={{Number of members
 +
|Number of members year=2017
 +
|Number of members value=25
 +
}}{{Number of members
 +
|Number of members year=2020
 +
|Number of members value=111
 +
}}{{Number of members
 +
|Number of members year=2021
 +
|Number of members value=117
 +
}}
 
|Have only national states as participators=No
 
|Have only national states as participators=No
 
|Indicators information={{Indicators information
 
|Indicators information={{Indicators information
 
|Indicator=Political dialogue;Policy planning and recommendations;Stakeholders endorsing a policy:2019=80:#
 
|Indicator=Political dialogue;Policy planning and recommendations;Stakeholders endorsing a policy:2019=80:#
 
}}
 
}}
 +
|Goals mai=Coal phase-out is needed no later than by 2030 in the OECD and EU28.
 +
|Comments on indicators and goals=The PPCA aims to:
 +
- secure commitments from governments and the private sector to phase out existing unabated coal power;
 +
- encourage a global moratorium on the construction of new unabated coal-fired power plants;
 +
- shift investment from coal to clean energy, including by working to restrict financing for coal-fired projects;
 +
- achieve coal phase-out in a sustainable and economically inclusive way, including appropriate support for workers and communities.
 +
|Progress that has been made by your initiative=Using the 2010 starting point, 52% of OECD & EU28 coal capacity has either closed already or is scheduled to close by 2030 - PPCA members are driving this shift.
 +
"Since its launch by the UK and Canadian governments at COP23 in 2017, the PPCA has been increasing its reach and influence.
 +
Now over 100 strong and growing, the Alliance is recognized as a key driver of the global energy transition dialogue, and has influenced countries’ plans for the phase-out of coal. The continuous growth of the PPCA’s reach and influence boosts momentum for national actions and international collaboration on coal phase-out.
 +
Subnational governments, from cities and states to provinces and territories, are stepping up as inspiring leaders, especially in regions where coal is still a major source of power.
 +
Through strategic partnerships and taskforces, the Alliance has mobilized an extensive and diverse network of practitioners to act on coal financing, grid modernization, and a just transition for affected communities.
 +
The Alliance has cemented its global presence, bringing ministers, and business and civil society leaders to preeminent meetings shaping the world’s response to the climate crisis."
 +
 
|Related initiatives=
 
|Related initiatives=
 
}}
 
}}

Latest revision as of 10:55, 22 April 2022

General

Name of initiative Powering Past Coal Alliance (PPCA)
LPAA initiative No
NAZCA Initiative Yes
Website address https://poweringpastcoal.org/
Related initiatives
Starting year 2017
End year
Secretariat secretariat@poweringpastcoal.org

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 Powering Past Coal Alliance (PPCA) is a coalition of national and sub-national governments, businesses and organisations working to advance the transition from unabated coal power generation to clean energy.

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 Coal phase-out is needed no later than by 2030 in the OECD and EU28.
Comments on indicators and goals The PPCA aims to:

- secure commitments from governments and the private sector to phase out existing unabated coal power; - encourage a global moratorium on the construction of new unabated coal-fired power plants; - shift investment from coal to clean energy, including by working to restrict financing for coal-fired projects; - achieve coal phase-out in a sustainable and economically inclusive way, including appropriate support for workers and communities.

How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals Using the 2010 starting point, 52% of OECD & EU28 coal capacity has either closed already or is scheduled to close by 2030 - PPCA members are driving this shift.

"Since its launch by the UK and Canadian governments at COP23 in 2017, the PPCA has been increasing its reach and influence. Now over 100 strong and growing, the Alliance is recognized as a key driver of the global energy transition dialogue, and has influenced countries’ plans for the phase-out of coal. The continuous growth of the PPCA’s reach and influence boosts momentum for national actions and international collaboration on coal phase-out. Subnational governments, from cities and states to provinces and territories, are stepping up as inspiring leaders, especially in regions where coal is still a major source of power. Through strategic partnerships and taskforces, the Alliance has mobilized an extensive and diverse network of practitioners to act on coal financing, grid modernization, and a just transition for affected communities. The Alliance has cemented its global presence, bringing ministers, and business and civil society leaders to preeminent meetings shaping the world’s response to the climate crisis."

How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 178  
Companies 70 Aberdeen Standard Investments (United K.),Alterra Power Corp. (Canada),Amundi (France),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),Calpers (USA),Capital Power (Canada),CCLA Investment Management (United K.),Church Commissioners for England (United K.),Church of England Pensions Board (United K.),Desjardins Group (France),Diageo (United Kingdom),Drax (United Kingdom),DSM (United Kingdom),DTEK (Ukraine),Econet Group (Finland),EcoSmart (Belgium),EDP (Portugal),Electricité de France - EDF (France),Eneva (Brazil),Engie (France),Ethos Foundation (Switzerland),Export Development Canada (Canada),Fidelity International (USA),Generation Investment Management (United K.),GeoExchange Coalition (Canada),GreenScience (Canada),Hermes Investment management (United Kingdom),HSBC (United K.),Iberdrola (Spain),Impax Asset Management (United K.),Indika Energy (Indonesia),Kering (France),Legal and General (United K.),Lloyds Banking Group (United K.),M&G Plc (United K.),Marks and Spencer (United Kingdom),Mott MacDonald (United K.),National Grid ESO (United Kingdom),Natura Cosmetics (Brazil),NatWest (United K.),Ontario Power Generation (Canada),Ørsted (Denmark),Pacific Islands Development Forum (Fiji),PensionDanmark (Denmark),Robeco (Netherlands),Salesforce (USA),Schroders (United Kingdom),SCOR Global Investments (France),Scottish Power (United Kingdom),SSE (United Kingdom),Stichting Pensioenfonds ABP (Netherlands),Storebrand (Norway),Swiss RE (Switzerland,TransAlta (Canada),Unilever (United K.),United Church of Canada (Canada),Vancity (Canada),Varma Mutual Pension Insurance Company (Norway),Virgin Group (United Kingdom),XPND Capital (Canada),ZE PAK (Poland).
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 1 Pacific Islands Development Forum (Fiji).
National states 48 Albania,  Angola,  Austria,  Azerbaijan,  Belgium,  Canada,  Chile,  Costa Rica,  Croatia,  Denmark,  El Salvador,  Estonia,  Ethiopia,  Fiji,  Finland,  France,  Germany,  Greece,  Ireland,  Israel,  Italy,  Latvia,  Liechtenstein,  Lithuania,  Luxembourg,  Marshall Islands,  Mauritius,  Mexico,  Montenegro,  Netherlands,  New Zealand,  Niue,  North Macedonia,  Peru,  Portugal,  Senegal,  Singapore,  Slovakia,  Slovenia,  Sweden,  Switzerland,  Tuvalu,  Ukraine,  United Kingdom,  Uruguay,  Vanuatu.
Governmental actors 0
Regional / state / county actors 48 Australian Capital Territory (Australia),  Alberta (Canada),  Baden-Württemberg (Germany),  Balearic Islands (Spain),  British Colombia (Canada),  California (USA),  South Chungcheong Province (South Korea),  Connecticut (USA),  Daegu (South Korea),  Durban (South Africa),  Eastern Wielkopolska (Poland),  Gangwon (South Korea),  Guimaras (Philippines),  Gyeonggi (South Korea),  Hawaii (USA),  Honolulu (USA),  Incheon (South Korea),  Ilocos Norte (Philippines),  Jeju (South Korea),  Jeollanam (South Korea),  Kaohsiung City (Taiwan),  Koszalin (Poland),  Kyoto City (Japan),  Los Angeles (USA),  Masbate (Philippines),  Melbourne (Australia),  Minnesota (USA),  Negros Occidental (Philippines),  Negros Oriental (Philippines),  New Jersey (USA),  New Mexico (USA),  New York (USA),  New Taipei City (Taiwan),  Ontario (Canada),  Oregon (USA),  Ormoc (Philippines),  Philadelphia (USA),  Puerto Rico (USA),  Quebec (Canada),  Rotterdam (Netherlands),  Scottish Government (United K.),  Seoul (South Korea),  South Chungcheong (South Korea),  Sydney (Australia),  Taichung City (Taiwan),  Vancouver (Canada),  Wałbrzych (Poland),  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.).
Faith based organisations 0
Other members 0
Supporting partners 0
Number of members in the years
2017
25
2020
111
2021
117
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: 22 April 2022 09:55:16

Not only have national states as participators