Two-weeks of negotiations in November 2015 led to the Paris Agreement. The culmination of 20 years of discussions, concessions and compromises. Is the Paris Agreement an important document to the hospitality industry? Without a doubt. Science-based targets driving the industry decarbonisation efforts are based on the 2°c (1.5°c) threshold as per the agreement.

COP26 in Glasgow will see countries submitting new or updated targets which is an integral component of the Agreement. A good time to take stock of how much (or little) has been achieved since 2015. Despite the pandemic, the International Energy Agency predicts that emissions are on course to surge, reversing the 2020 decline (-5.8%) due to the pandemic [1, 2]. No wonder many are asking: when are we going to get it right? [3].

It is with desperation that reports [4, 5] are published indicating that some large, global corporations with proclaimed climate commitment, are actively impeding stricter legislations (on fuel, carbon etc.) through lobbying. Regulation is a core component (as many argued and discussed here a few months ago: Sustainability-driven legislation: setting the right conditions for hospitality?) to ensuring a level-playing field as it is sending a decisive message that climate emergency must be dealt with, with all tools we have available.

For hotel development and operations, it is a mixed bag which can actually lead to new opportunities. In the bag are the regulatory and transition risks for inefficient assets, imminent carbon market systems for buildings, a decreasing costs of capital for sustainability-driven investment and access to cheaper technologies (e.g. market for photovoltaic).

So from your stance, experience and position, why is COP26 important? Why should our industry care? There has been talk also in this panel (see The (Green) Recovery Imperative: Hospitality Re-Set Or Bouncing Forward?) about post-COVID-19 green recovery. Is this happening and can COP26 foster this somehow?

Patrick O’Meara
Patrick O’Meara
Interim CEO of the Sustainable Hospitality Alliance

COP is a catalyst for action and an annual demonstration of the importance of working together if we are to have a meaningful impact on the climate change crisis. It was instrumental in uniting almost 200 countries behind the Paris Agreement, and this need for collective dialogue and action remains more important now than ever.

No industry is exempt. Tourism COemissions grew at least 60% from 2005 to 2016,[1] and the travel and tourism industry has a critical role in limiting its carbon emissions. Hospitality is an industry that's particularly vulnerable to the negative effects of climate change such as extreme weather and water shortages. With customers becoming increasingly environmentally conscious alongside other parts of the hospitality value chain such as investors and booking agents, emissions are not something that the recovering industry can afford to overlook.

COP26 will bring an increased focus on climate change and provide a valuable opportunity for the world to come together, take stock and make high-level plans. It is equally crucial however that we are making significant action in the interim. Ambitious commitments need to be supported with concrete and robust implementation plans. This year's IPCC report finds that unless there are immediate, rapid and large-scale reductions in greenhouse gas emissions, the goal of limiting warming to close to 1.5°C or even 2°C will be beyond reach.[2]

At this year's COP, we welcome the latest initiatives and methodologies that will support and accelerate the decarbonisation of the hospitality industry. Our aim, as leaders in driving sustainability across the hospitality industry, is to create a holistic and practical pathway for sustainable hospitality to co-ordinate and build on the existing tools and initiatives. Through this we can ensure that the increased focus can be harnessed into tangible action by all hotels, wherever they are on their sustainability journey, towards net positive hospitality.

[1] UNWTO, (2019)  https://www.e-unwto.org/doi/epdf/10.18111/9789284416660

2 IPCC (2021) https://www.ipcc.ch/2021/08/09/ar6-wg1-20210809-pr/

View all 24 views in this viewpoint