In his inaugural address at Energy Day during the twenty-eighth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), Shen Bao’an, Chairman of the International Cooperation Organization for the Development of the Global Energy Network and Chairman of the Board of Directors of the China National Electric Power Corporation, underscored the critical need to accelerate the transition to green energy sources and effectively address the challenges posed by climate change.
The event, organized by the International Cooperation Organization for the Development of the Global Energy Network in collaboration with seven international organizations, aimed to highlight the pivotal role of the global energy network in supporting the shift towards clean energy sources.
Bao’an emphasized that the climate challenge exerts significant pressure on sustainable development endeavors. He stressed that achieving a transformative shift in the energy sector requires a comprehensive vision that carefully balances energy supply security, the imperative to transition to clean sources, the demands of economic growth, emission reduction goals, and the equilibrium between current capacity and future expansion requirements.
Highlighting the practical solutions offered by the global energy network, Bao’an discussed its potential to facilitate the seamless transfer and exchange of clean energy among nations. Additionally, he pointed out the network’s role in reducing energy production and consumption costs, contributing to global justice and equal opportunities for all peoples.
