Antonio Guterres, the United Nations secretary general, says world leaders must deliver on their commitments to transition from fossil fuels.
November 12, 2024 10:34 amAntonio Guterres, United Nations secretary general, says world leaders must deliver on their commitments to transition from fossil fuels.
He said the new nationally determined contributions due February 2025 must include plans to slash global fossil fuel production and consumption by 30 percent in 2030. “Last year — for the first time — the amount invested in grids and renewables overtook the amount spent on fossil fuels. Almost everywhere, solar and wind are the cheapest source of new electricity. Doubling down on fossil fuels is absurd.
The UN chief said finance promises must be kept and developed countries must double adaptation finance to at least $40 billion per year by 2025.“They must bring their technological know-how together — with developed countries supporting emerging economies. Every nation must have the tools and resources for climate action. And the UN will support that effort every step of the way,” he added.
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