UN Secretary-General António Guterres told business leaders at the World Economic Forum in Davos, Switzerland, on Thursday (January 23) that the world is “doomed” in the face of climate change unless major industrial nations reduce their greenhouse gas emissions.
“I’m in Davos to deliver a strong message on Climate Action. While our planet is burning, too many decision makers are fiddling. Every city, region, bank, pension fund, and industry must completely reimagine how they operate and invest to avoid a point of no return,” he said.
Mr. Guterres also observed that many smaller developing countries and the European Union have committed to achieving carbon neutrality by 2050 whereas the big emitters have yet to act.
“If the big emitters do not rally around the principle of achieving carbon neutrality by 2050, we will be doomed because they represent a very important share,” the UN chief said. “The G20 represents 80 per cent of the emissions that contribute to climate change.”
I’m in Davos to deliver a strong message on #ClimateAction. While our planet is burning, too many decision makers are fiddling. Every city, region, bank, pension fund & industry must completely reimagine how they operate and invest to avoid a point of no return. #WEF20
— António Guterres (@antonioguterres) January 23, 2020
Mr. Guterres said Governments can take steps to help move the world towards a greener future, such as cutting subsidies for fossil fuels. “As a taxpayer, I can’t really accept the idea that my taxes are used to boost hurricanes, or to bleach coral, or to melt glaciers,” he added.
For the Secretary-General, climate change is the defining issue of our time, representing an “existential threat” to the entire planet and threatening development.
Mr. Guterres said he is encouraged by private sector commitment to the environment, as evidenced by increasing numbers of financial institutions and asset managers making carbon neutrality a priority in their investments.
Support Independent Fearless Journalism
In today's media world controlled by corporates and politicians, it is extremely difficult for independent editorial voices to survive. RMN News Service has been maintaining editorial freedom and offering objective content for the past 10 years despite enormous pressures and extreme threats.
In order to serve you fearlessly in this cut-throat world, RMN News Service urges you to support us financially with your donations. You can choose the amount that you want to donate from the options given below.
You also can select any of the Payment Methods:
Offline Donation: To know our bank details for online bank transfer and payment by cheque in Indian rupees.
PayPal: To make payment by Credit / Debit Card or PayPal account.