Major Economies Forum (MEF) On Energy And Climate:
The Leaders Meeting of the Major Economies Forum on Energy and Climate Change has acknowledged climate change as a major challenge.
- The meeting was attended by the Heads of State and Ministers of 20 major economies of the world.
- Purpose is Facilitating dialogue among major emitting countries (both developed and developing) to advance efforts against climate change
- Launched in 2009 by US President Barack Obama
- 20 major economies including India, Australia, Brazil, China, UK, UAE, etc.
- MEF economies account for roughly 80% of global GDP and global greenhouse gas (GHG) emissions
- Focus Achieving International Energy Agency’s (IEA’s)
- “Credible Pathways to 1.5°C”, through Decarbonizing Energy;
- Reducing deforestation to net zero;
- Launching a Methane Finance Sprint to cut methane emissions;
- Accelerating hydrofluorocarbon (HFC) phasedown under Kigali Amendment;
- Accelerate CCUS technologies through a COP 28 Carbon Management Challenge
