The UN chief outlined the need for an annual six per cent decrease in energy production from fossil fuels via the use of renewables, transition programmes, economic diversification plans, green bonds and other instruments to advance sustainability.
He reiterated the need to limit the global temperature rise to 1.5 degrees Celsius above pre-industrial levels, stating emissions needed to fall by 7.6 per cent every year between now and 2030.
To achieve the above target, he asked for a “strong commitment from all governments” to end fossil fuel subsidies, add carbon taxes, shift taxation from people to pollution, and end the construction of coal-fired power plants.
“We also need to see adequate international support so African economies and other developing countries’ economies can leapfrog pollution in their development and transition to a pathway of clean, sustainable energy”, he added.
The opportunity to change the world is one available to all. The UN leader called on developed nations to promptly implement their commitments to assist developing countries in their energy transition.
