UN Secretary-General António Guterres has announced a plan to speed up the world's switch to renewable energy, saying that the war in Ukraine was a wake-up call for the globe to ditch fossil fuels.
Speaking at the launch of the World Meteorological Organization’s State of the Global Climate 2021 report, Guterres described the findings as “a dismal litany of humanity’s failure to tackle climate disruption,” CNN reports.
“The global energy system is broken and bringing us ever closer to climate catastrophe. Fossil fuels are a dead end -- environmentally and economically,” he will say, according to prepared remarks.
“The war in Ukraine and its immediate effects on energy prices is yet another wake-up call. The only sustainable future is a renewable one. We must end fossil fuel pollution and accelerate the renewable energy transition, before we incinerate our only home,” he said, adding “time is running out.”
In his plan, Guterres proposed:
1. That renewable energy technologies, such as battery storage, be treated as “essential and freely-available global public goods.” He called for a global coalition on battery storage to fast-track innovation and deployment, driven by governments and bringing together tech companies, manufacturers and financiers.
2. To secure, scale up and diversify the supply of critical components and raw materials for renewable energy technologies.
3. Governments must build frameworks and reform bureaucracies to level the playing field for renewables.
4. Governments must shift subsidies away from fossil fuels to protect the poor and most vulnerable people and communities.
5. Private and public investments in renewable energy must triple to at least $4 trillion dollars a year.
See all the news
What regime of sanctions applies to Russian oil and what requirements Georgia has to comply?
Financial Services in CAREC
#TheCheckpoints: TIWB & Georgia - Interview with Rusudan Kemularia, Head of TIWB Secretariat
#TheCheckpoints: The Professional - Demnagram_Story of Saba Bakhia
#პროფესიონალი: საბა ბახია
Stoli® Group to Release Limited-Edition Bottle in Support of the Ukrainian People
როგორ მოხვდა 17 წლის ანასტასია ლელაძე ჰარვარდში? - ანასტასია ლელაძე ქალების ნარატივში
"Literally the whole village was waiting for the first harvest of strawberry" - Kvitsiani family from Svaneti
Aliyev replaces long-serving central bank head with loyalist
Putin imposes visa restrictions on citizens from 'unfriendly' countries
BMG-ს მედია რუბრიკა: #პროფესიონალი - გიორგი მიქაია
ყველაზე სანქცირებული რუსი ოლიგარქები
Business Leaders Council by USAID and Georgian Business
ვინ არის მსოფლიოში #1 სნაიპერი “Wali”?
ბინების ქირის ფასი 50%-მდე გაიზარდა
OECD formally terminates the accession process of Russia
"Today we are all Ukrainians"- Zurab Pololikashvili
Tourism is the main bridge for building understanding - ZURAB POLOLIKASHVILI
FAQ’s and Analysis on Lari & FDI - Interview with Fady Asly