Europe teams up with partners and launches global forum to accelerate the clean energy transition

European Commission - Announcement Europe teams up with partners and launches global forum to accelerate the clean energy transition Brussels, 23 January 2025 A new Global Energy Transition Forum was launched today in the margins of the World Economic Forum, in Davos, by European Commission President Ursula von der Leyen along with international partners.. The forum will bring around the table partners across the world, from Brazil to Canada, the Democratic Republic of the Congo, Kenya, Peru, South Africa, the United Kingdom, the United Arab Emirates, and many others, with the objective of reaching for ambitious climate targets at world level and supporting countries for whom the clean transition is more challenging. President von der Leyen described the three main goals that will guide the action of the forum. First, it will seek to keep the momentum on the world's energy agreement and ensure that global energy targets find their way into the new set of Nationally Determined Contributions, ahead of this year's COP. Secondly, the President highlighted the need that those targets be transformed into concrete projects that benefit people. “Under Brazil's COP leadership, this Forum will focus on flagship initiatives, for example projects that bring power to underserved communities, or projects that jumpstart new clean industries and scale up clean energy globally,” she said. The third objective of the forum is to unlock more investment, including smart finance with...