Emirates News Agency – Guterres to chair “Climate Ambition” summit in New York

New York, September 20 / WAM / United Nations Secretary-General Antonio Guterres today chaired the “Climate Ambition” summit, which was held for a day at the headquarters of the international organization in New York. General Assembly.

In a statement at the start of the summit, Guterres noted that the summit’s work focuses on the urgent task of accelerating climate action in light of rising global temperatures.

The path forward for the international community is clear, he stressed, moving towards curbing the rise in global temperatures and creating a world where clean air, green jobs and clean and affordable energy are enjoyed by all.

He stressed the importance of the proposed Climate Unity Charter, which calls for major countries to make more efforts to reduce emissions, and rich countries to support emerging economies to do so.

The UN Secretary-General urged countries to implement a fair and equitable energy transition, with affordable electricity for all, by ensuring credible plans to phase out coal by 2030 for OECD countries and the rest of the world by 2040.

He explained that the world needs a change to rebuild trust, calling on governments to push the global financial system in favor of climate action. He said, “This means putting a price on carbon and reforming the business models adopted by multilateral development banks. They can benefit from higher levels of financing.” At a reasonable cost to private and developing countries.

Antonio Guterres called on all parties to implement the Loss and Damage Fund at the twenty-eighth United Nations Climate Change Conference (COP28) in the United Arab Emirates at the end of November. He called on developed countries to meet their $100 billion debt. Complement the resources of the Green Climate Fund, and double adaptation financing. He emphasized that everyone should have an early warning system by 2027, implementing the action plan launched last year.

Noting that his agenda for accelerating climate action calls for business and financial institutions to embark on a truly net-zero path, he explained that every company with a genuine interest in business must develop reasonable transition plans that work to credibly reduce emissions and achieve climate justice.

The Secretary-General of the United Nations has expressed his desire that the “Climate Ambition” summit will be pushed to a strong moment that will contribute to building momentum for the process of increasing the speed of climate action that will be built in the coming months. , in order to contribute to increasing the pace of climate action.