Energy Compacts are voluntary commitments to SDG7 and energy transitions from UN Member States and all other stakeholders with specific, trackable actions to advance progress on SDG7 and net-zero emissions.
SEforALL spearheaded the process for and mobilized new Energy Compacts as a key outcome to the UN High-level Dialogue on Energy (HLDE) and COP26. With our support, more than USD 400 billion in finance and investment was articulated in 179 Energy Compact commitments by governments and the private sector during the HLDE, the first leader-level meeting on energy under the auspices of the UN General Assembly in 40 years.
New global roadmap for SDG7
As a major outcome of the HLDE, UN Secretary-General António Guterres issued a global roadmap to achieve a radical transformation of energy access and transition by 2030, while also contributing to net zero emissions by 2050. Milestones by 2030 include: