"It is now time to turn commitments into actions"

 

Climate change has been on the international agenda for a long time, with the UN SDGs making social, economic and environmental sustainability central to economic development.

Unfortunately, the impacts of the pandemic cast a shadow on achieving the emissions targets as scheduled having reduced incomes, cut government and companies budgets worldwide. This has contributed to widening the gap between developed and developing countries.

Climate change is no doubt the priority. The last Cop 26 summit intended to strengthen the global commitment and draw the world’s attention on the urgency of taking more stringent actions to achieve decarbonization by 2050.

A change of pace is mandatory: it is time to turn commitments into actions.

These include smart and targeted policies, appropriate investments and innovative technologies to be urgently implemented to transition value chains in the near future and, in particular the hard to abate and energy intensive  sectors, to reduce the adverse effects of climate change.

A long list of commitments was drafted by all stakeholders attending the summit. In order to meet them an integrated approach and close cooperation at every level become imperative to progress action on everything from standards, finance, methane and more, showing that an economy-wide mobilisation is emerging. The summit  also pointed out a need of transformation in citizens and consumers' behaviour.

OMC 2023 promises to continue and further develop the debate on energy transition and sustainable development. After rethinking energy we are now focusing on reshaping the energy industry: translating ideas into actions.

For this reason OMC will continue gathering diverse stakeholders to debate on aligned goals and co-operate to put solutions into practice  backed up by cross-sector partnerships.

The next conference in May is investigating the evolving energy landscape after Cop 26 and the specific transition challenges facing the different countries of the Mediterranean region, how companies can transform their business to take on the challenges of resilient growth and decarbonization.

We  will focus on sector coupling as an example of real alliance amongst industry sectors, discuss about the energy vectors of the future – Hydrogen, Nuclear, current CCUS achievements, the partnerships between producers and the hard to abate manufacturing industry.

Strongly motivated by the astonishing success at the last edition, the innovation room is hosting startups, SMEs, young professionals, University researchers and students working closely on projects that span across the energy industry and business, giving them all the opportunity to show their great potential to reshape the energy industry of the forthcoming decades.

I invite you to join us  at OMC Med Energy Conference in Ravenna.

 

Monica Spada
Chair OMC 2023
Eni - Head of Research & Technological Innovation

 

Short Bio
University degree in civil engineering at Roma Tre University, MBA at Scuola Mattei, Enicorporate University. She has been working for Eni since July 2008, in different position and activities in Eni Refining & Marketing. In September 2014 she started working in the office of the CEO. In 2018 she became VP of Long Term Positioning Initiatives. In 2019 she became SVP of Bio-development, Sustainable Mobility and Circular Economy. In September 2020 she took on the position as  Oil and Products Portfolio Optimization & Supply Internal Advisor at Eni Energy Evolution, Green Traditional Refinery & Marketing.  From April 2021 Head of Oil and Products Portfolio Optimization & Supply. A recent career move has led her to become Head of Research & Technological Innovation

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