Source: PIB
Context: 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.
About MEF:
Description | |
Purpose | Facilitating dialogue among major emitting countries (both developed and developing) to advance efforts against climate change |
Year Launched | 2009 by US President Barack Obama |
Members | 20 major economies including India, Australia, Brazil, China, UK, UAE, etc. |
GDP and GHG Emissions | 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 |