There is no way to achieve this goal without the leadership of the G-20. In a statement, the Secretary-General urged that this signal is sorely needed by the billions of people already on the front lines of the climate crisis, markets, investors and industry who need the certainty that a pure, resilient future is inevitable.
The UN Secretary-General stated that science indicates that to achieve this “ambitious, but achievable goal”, The world must achieve carbon neutrality before 2050 And Reduce hazardous greenhouse gas emissions by 45% by 2030 from 2010 levels. “But we are far from the right track,” he warned.
The world needs the G-20 to make it happen
With less than 100 days left before the 2021 UN Climate Conference COP 26, a pivotal meeting that will take place in Glasgow at the end of October, António Guterres has urged all G20 and other leaders to commit to net zero by the middle of the century. More ambitious national climate plans for 2030 and implementation of concrete policies and actions aligned with a net-zero future.
These include No new coal after 2021, phasing out fossil fuel subsidies and agreeing to an international floor carbon pricing as proposed by the International Monetary Fund (International Monetary Fund).
“The G7 and other developed countries should also provide a credible package of support to developing countries including achieving the $100 billion target, increasing adaptation and resilience support to at least 50% of total climate finance, and incentivizing public and multilateral development banks to do so. and significantly adapt their climate portfolios to meet the needs of developing countries.
The Secretary-General of the United Nations has informed that he intends to use the opportunity of the upcoming high-level session of the United Nations General Assembly to bring together leaders To reach a political understandingOn these crucial elements From the “package” needed for Glasgow.
setback for Glasgow
G-20 ministers, who met in Naples, Italy, on July 23-25, were unable to agree on common language on two disputed issues of coal phase-out and the 1.5-degree target, which will now have to be discussed at the G-20. Summit in Rome in October, just one day before the start of COP 26.
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