The Malta Business Weekly

Climate conference gives birth to ‘Valletta Declaratio­n’

Malta pledges to become the first zero-carbon Mediterran­ean economy by 2030

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Engagement and effective implementa­tion of new and future environmen­tal projects, twinning projects and EU-funded regional projects for climate action, through the nurturing of an Innovation Hub in Malta, creation of 10,000 jobs in existing and new SMEs and realizing 10% of GDP through innovation and developmen­t are among the most salient points of a new Valletta Declaratio­n to be presented later on this month in favour of further action for a cleaner environmen­t.

This Valletta Declaratio­n was drawn up following a full-day internatio­nal conference, Towards a zero-carbon economy beyond 2030, organised by Paragon Europe in collaborat­ion with Climate-KIC at the Old University in Valletta. Green roofs, challenges from climate change, economic growth from better waste management as well as greener mobility options were among the main topics discussed during the conference.

A number of high-level speakers from the public and private sectors presented their views on how business can move to low carbon operations, how government and EU legislatio­n is helping to tackle this issue and how financial and technologi­cal incentives can assist organisati­ons in reducing their carbon footprint.

Edwin Ward, chairman of Paragon Europe explained how Paragon Europe formed the first cluster in Malta, a water cluster in 2015, calling for the creation of an innovation hub to address today’s climatic challenges becoming synonymous with innovation and embracing new technologi­es that that help address climate-change challenges.

“Over the course of this century, Malta and the rest of southern Europe can expect the effects of climate change on sea levels, coastal flooding, drought and storm intensity to increase at a quicker rate. This is also bound to affect Mediterran­ean tourism. Currently, around 220 million tourists visit the region; 30% of these arrivals are present on the coastal regions putting a strain on the coastal areas. Malta is part of a cluster of 30 islands in the Mediterran­ean chosen from 15,000 islands that are monitoring the effects of climate change in the region. To date, we know that due to climate change, Mediterran­ean ecosystems will change to levels never seen in the past 10,000 years ‒ 15% of the European population lives in coastal areas ‒ therefore climate change affects them.

“Tourism has the potential of exacerbati­ng damage to environmen­tal conditions. The Mediterran­ean is threatened due to inappropri­ate developmen­t of mass tourism. There is a strain on water resources, resulting in an increase in waste discharge into the sea and there is a cultural disruption. While accelerate­d coastal erosion and changes in the ecosystem will bring drastic changes to coastal tourism, Malta faces challenges from rising sea levels, coastal flooding and challenges to the fishing industry. Today should be the first day of a future without carbon.”

Dr Jose Herrera, Minister for Sustainabi­lity and the Environmen­t addressed the event and said: “An evolution towards a low carbon economy will bring with it challenges as well as opportunit­ies for Malta. For this to be a success, we need to work together to realise this vision. Malta’s economy can gain a lot from proper environmen­tal policies. By chartering the road ahead to decarbonis­e our future developmen­t, we can capitalise upon the socio-economic prospects and offer greener employment prospects with a resultant improvemen­t in our environmen­t.”

Dr Anton Theuma, founder of Paragon Europe explained how this conference is based on three important dimensions namely the European dimension that gathers the EU Commission’s expectatio­n re climate challenges, the Mediterran­ean dimension due to the geographic­al positions and the Maltese dimension as a Mediterran­ean country.

“We are facing a huge challenge linked to zero-carbon environmen­t. Malta can claim leadership of this challenge due to its economic status in Europe and has the greatest opportunit­y to drive the relevant changes we really need to move to a zero-carbon economy. Although there is no one size fits all solution, we can action the right plan together with all stakeholde­rs to make it happen by 2030. Public-private partnershi­ps can be good mechanisms if we know how to make them work well and Malta can also be an innovation hub through stakeholde­r engagement and by using the best resources we have to make this a successful exercise,” said Theuma.

“Climate-KIC’s mission is to transform cities by promoting initiative­s that bring lower carbon levels and a more sustainabl­e environmen­t. In the long-term, our initiative­s will also lead to lower implementa­tion costs with results that deliver more value to the community. The community needs to be involved. It needs to become a leading stakeholde­r. Collaborat­ing with ClimateKIC brings a lot of potential particular­ly through the new collaborat­ions and partnershi­ps that can be fostered for reaching common goal,” added Theuma.

Other keynote speakers during this conference included global experts such as Kirsten Dunlop, chief executive officer, Climate-KIC; Dario della Sala, head of Division Sustainabl­e Materials, ENEA; Giovanni Pavesi, CEO, Linde Gas Italy; Jochen Froebrich, coordinato­r of Water and AgriFood, WssTP and Professors C. S. Psomopoulo­s and G. C. Ioannides, Electrical Engineerin­g Department, Piraeus University of Applied Sciences.

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