Ladies and gentlemen, good morning and welcome to the UK Pavilion and Decarbonization Day.

We are halfway to the COP and I can obviously see the experienced people who are able to get here at 8am, others are hesitant but thank you for coming to this important event.

May I also say that today marks armistice day and the British flag will mark a 2 minute silence at 1 p.m. You are all welcome, but if you come, try to arrive 5 minutes before 1pm.

Ministers, colleagues, friends. Hello everyone, first of all a big thank you to everyone who helped us get here with regard to the revolutionary agendas.

And, you have been incredibly supportive over the three years of the UK Presidency and I know you will do the same for our friends in Egypt, both at this COP and during their year as President.

So we mark the first anniversary of the launch of the Breakthrough Agenda in Glasgow.

And, just a reflection on decarbonization. We are all doing our part at the national level in our countries and when I was secretary for business and energy in our government, we launched the 10 point plan for a green industrial revolution looking at a whole range of sectors where we we had to decarbonize quickly.

We have launched our energy white paper, so there is a lot of work that the UK has certainly done and that each of you has done nationally also in your countries.

The goal of the Breakthrough Agenda was actually to bring countries together to collaborate and ensure that we decarbonize the most critical sectors: road transport, electricity, agriculture, hydrogen and steel.

And I was really happy to say that we had 45 governments coming together and they represent about 75% of the world’s GDP, so a real weight behind this Breakthrough Agenda work.

And the objective is of course to deploy innovative and sustainable decarbonization solutions, and above all to make them accessible and affordable for everyone.

And for people like Stephen Guilbeault, my friend Grant Shapps, ministers talking to their counterparts around the world will know that one of the big asks of many developing countries is technology at affordable levels as well as finance.

This is a program that will help us get there and we have made very good progress over the past year.

If you take a look at zero emission vehicles.

There was a 95% increase in global sales, with 1.5 million sales in the first quarter of this year.

And the pace is accelerating, same thing with renewable energies with a strong increase this year.

And if you look at what the IEA said, their analysis shows that of all the newly installed power capacity across the world in 2021, 90% of it was renewable energy and they expect the same in 2022 and 2023 as well.

So I’m very happy that we’re making progress on some of these programs.

I welcome Cambodia and Austria, which recently endorsed the Breakthrough Programme.

I would also like to thank our friends from Germany, Cambodia, Australia and Ireland for supporting the agricultural breakthrough.

And thank you to our friends in France, who have widened our scope and they now intend to launch a breakthrough in buildings, which as you know in the UK 25% of emissions come from buildings, they are going to do it in collaboration with our friends from Morocco.

And of course, thanks also to Canada, Steven, who also declared his intention to launch a breakthrough in cement.

But the reality is that we know that, as with all the commitments we made in Glasgow, none of this will count for anything unless we follow through and implement it, so hopefully that’s something that we will do together.

Now, one of the other things that people have told me over this year is that you’ve started a lot of initiatives in Glasgow, but what happens when your presidency ends and it is finished.

And what we’ve tried to do is host many of them in different forums so the work can continue

So I can tell you that Mission Innovation and the Department of Clean Energy will assume the joint management of the breakthrough program, they will do so during an initial one-year pilot phase.

Many of you were with us in New York as well as at the United Nations General Assembly and you know that in parallel we also launched the first report on the breakthrough programme, prepared by the IEA, by IRENA and the high level champions so thank you to all and ministers who attended this meeting at the UK mission

And subsequently, we agreed to launch a set of specific, time-bound priority actions.

Four that I want to highlight.

First, we will collectively develop standards and rules for trade.

Second, we are developing demand creation plans.

Third, we are working to improve the supply of funding, international assistance and research.

And fourth, we are taking steps to improve development and demonstration.

Now I just want to give you a concrete example, one of the priority actions is focused on researching, developing and deploying technologies at this really crucial intersection of climate and food security, and that’s the work being done as part of the agricultural breakthrough.

And I’m also delighted to tell you that 28 leading countries in these areas have agreed to pursue these actions in all five sectors, and collectively this represents more than 50% of global GDP.

The last thing I want to say is that you all know the cost of inaction on this issue will be far greater than the cost of action.

And here we have a real opportunity to build economies and create green jobs and ultimately provide not only a clean environment, but also a richer set of communities around the world.

So thank you for all you do and we look forward to continuing to work with you.