The Republic of Moldova, one of the most vulnerable countries to climate change
The Republic of Moldova is one of the countries most vulnerable to climate change, despite the fact that it has a minor contribution to the level of global greenhouse gas emissions, the Ministry of Energy informs. Annual losses caused by climate change amount to 2.13% of the GDP. In the last 130 years, the average annual temperature in the Republic of Moldova has increased by over 1.2°C. As a result, droughts, massive floods, heat waves, torrential rains and other extreme weather conditions have become more frequent.
In this context, the Minister of Energy, Victor Parlicov, participated in the round table at the level of ministers of the Energy Community, organized within the annual UN conference on climate change, COP28, which is being held in the United Arab Emirates.
The round table assessed progress to date in building climate and energy governance within the Energy Community contracting parties in line with the EU's 2030 energy and climate goals.
"Among the targets discussed are reducing EU greenhouse gas emissions by 55% by 2030 compared to 1990 levels, reducing final energy consumption by at least 11.7% compared to energy consumption forecasts estimated for 2030 and a renewable energy share of 45% of final consumption. The ambitious goals of the Republic of Moldova to decarbonize the energy sector by 2050 were the topic discussed by Minister Victor Parlicov during the meeting with the executive director of the International Energy Agency (IEA), Fatih Birol"*, reads the press release of the Ministry of Energy.
According to the IEA's recent World Energy Outlook 2023 report, to succeed in keeping global warming within the limits of 1.5 °C requires a global agreement and actions leading to a tripling of the global capacity to produce energy from renewable sources, a doubling of the rate of improving energy efficiency, reducing greenhouse gas (GHG) emissions by 75% by oil and natural gas companies, and more.
At the meeting with the Canadian Ambassador for climate change, Catherine Stewart, the Minister of Energy discussed, among other things, the possibilities of support for the electrification of transport in the Republic of Moldova, in particular the promotion of V2Grid and Canada's support for innovation and the ongoing decarbonization of nations Development.
