En+ Group will attend the COP26 UN Climate Change Conference in Glasgow.
En+ Group (LSE: ENPL; MOEX: ENPL), the world’s largest producer of low-carbon aluminium, will attend the COP26 UN Climate Change Conference in Glasgow. This is the most significant climate event since the 2015 Paris Agreement.
Over the course of COP26, government and business leaders will discuss ‘Net Zero by 2050’ initiatives, ‘green’ financing, mass ecosystem restoration projects, and possible reporting procedures to measure progress in line with the Paris Agreement. On 3 November En+ Group will hold three joint panels in the Russian Pavilion: “Role of hydropower in the Energy Transition”, “Road to Net Zero. The Role of Carbon Pricing” and “Focusing on the Upstream: Key Challenges and Opportunities for Aluminium Sector Decarbonisation”. Together with the Climate Partnership of Russia, En+ Group will also hold a panel discussion “Interconnectedness of Nature and Climate. What can business do?”.
En+ Group’s delegation will be led by Lord Barker, Executive Chairman of En+, who will also take part in a number of key COP26 events.
Executive Director of En+ Group Vyacheslav Solomin will talk about the "Russian power-metals complex on the way to Net Zero" on 11 November at the side-event of the Russian delegation "Low-Carbon Development Pathways: The Role and Approaches of Russia". The side-event will be moderated by the head of the Russian delegation, the Deputy Chairman of the Russian Government, Alexey Overchuk. Speakers will include Maksim Reshetnikov, Minister of Economic Development, Alexander Kozlov, Minister of Natural Resources, Alexey Likhachev, Director General of Rosatom, and Sberbank CEO Herman Gref.
Vyacheslav Solomin said:
"The introduction of a carbon tax for those manufacturers who do not want to invest in technology to make their products green is an important step that cannot be postponed. This is the only way clean and green technologies can become competitive, and vulnerable green sectors of the economy can be protected. We are confident that in the future, companies that care about their reputation will outright refuse to cooperate with manufacturers whose products and raw materials do not comply with environmental regulations."
COP26 will take place in Glasgow from Sunday 31 October and last for two weeks. The conference was originally scheduled to take place in 2020, but was postponed due to the COVID-19 pandemic. More than 25 thousand people are expected to attend, including the heads of state or government of more than 120 countries.
