The science is clear – recent reports from the UN Environment Programme, the International Energy Agency and the Intergovernmental Panel on Climate Change all warn that avoiding dangerous levels of climate change and delivering the long-term goals of the Paris Agreement will require a dramatic shift in the way we produce and use energy. Phasing out oil and gas production is a critical part of that challenge.
Despite this, governments are planning to increase fossil fuel production by an average of 2 percent per year. If this trend continues, we will be producing more than double the volume by 2030 than would be consistent with the 1.5°C target in the Paris Agreement.
BOGA will address this by gathering a group of ambitious governments that are committed to delivering a managed and just transition away from oil and gas production.
The objectives of BOGA are:
- To raise global climate ambition by aligning oil and gas production with the Paris Agreement goal of well below 2°C, pursuing efforts for 1.5°C.
- Raise the issue of fossil fuel supply on the international climate and energy agenda, and promote dialogue on the need for a managed and just phase-out of oil and gas production.
- Capture and leverage momentum from first movers to encourage others to take action, by providing a home for those new commitments.
- Create an international community of practice that can support governments in delivering their commitment to a managed and just phase-out of oil and gas production.