It will also launch the next cycle of national climate plans - or nationally determined contributions - which must reflect the acceleration we need.īy the end of COP28, I count on all G20 leaders to have committed to ambitious new nationally determined contributions, covering all greenhouse gases and the whole economy, and indicating absolute emissions cuts targets for 20.Īnd I urge all parties to ensure that COP28 delivers on loss-and-damage funding. It calls on developed countries to deliver the $100 billion this year, as pledged in Glasgow to replenish the Green Climate Fund and to deliver on their finance commitments on adaptation.ĭespite the promise made in Glasgow to double adaptation finance by 2025, parity between adaptation and mitigation finance remains too far off.Įxcellencies, I will welcome first-movers on the Acceleration Agenda to the Climate Ambition Summit I am hosting this September in New York - those with concrete actions and commitments.Īnd COP28, two months later, will see the first global stocktake of the Paris Agreement, showing us plainly where we stand in the fight for 1.5☌. The Acceleration Agenda also calls for an overhaul of the priorities and the business models of multilateral development banks, so the trillions of dollars in private finance - which have long been talked about - finally flow to the green economy. It asks them to phase out coal by 2030 in OECD countries and 2040 in all others to make electricity generation net-zero by 2035 in developed countries and 2040 in all others, while providing access to electricity for all to stop permitting, funding, and expanding coal, oil and gas - both old and new and to speed up the decarbonization of major sectors - from shipping, aviation, and steel, to cement, aluminium, and agriculture - working with the private sector. The Acceleration Agenda urges countries to pool their resources, scientific capacities and technologies. This is in line with the principle of common-but-differentiated responsibilities and respective capabilities, in light of different national circumstances, as reaffirmed in Paris. It asks developed countries to commit to reaching net-zero as close as possible to 2040, the limit they should all aim to respect, and emerging economies to commit to reaching net-zero as close as possible to 2050 - again, the limit they should all aim to respect. This proposes that all countries hit fast-forward on their net-zero deadlines. I have proposed to the G20 a Climate Solidarity Pact - in which all big emitters make extra efforts to cut emissions, and wealthier countries support emerging economies to be able to do so.Īnd, last month, I presented a plan to super-charge efforts to achieve this through the Acceleration Agenda. We must be upfront about what this requires: it requires cooperation - rising above geopolitical divisions climate justice - developed countries and international financial institutions delivering on long-overdue finance and cleaning up our economies - breaking our fossil-fuel addiction and driving decarbonization in every sector.Įxcellencies, we must act on science, facts and truth. Yet, we will only achieve it with a quantum leap in climate action globally. Yet, they are on course to rise 10 per cent by then compared to 2010.Īnd we know that a 1.5☌ pathway is possible. We know that the 1.5☌ limit requires halving global emissions by 2030. Yet, temperatures are set to rise 2.8☌ by the end of the century if we maintain the present policies. We know because the Intergovernmental Panel on Climate Change tells us that breaching 1.5☌, even temporarily, could be disastrous. The truth is, on climate, we know what to do, when to do it, and why.īut, for too long, we have looked the other way. We can only solve problems if we name them and look them squarely in the eye. Following is the text of UN Secretary-General António Guterres’ video message to the 2023 Petersberg Climate Dialogue, in Berlin today:Įxcellencies, the climate crisis demands honesty.
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