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Major Economies Forum (MEF) on Energy and Climate

 

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