![]() ![]() Promises made on international climate finance must be promises kept.ĭeveloped countries must honour their commitments to provide $100 billion a year to developing countries for climate support and fully replenish the Green Climate Fund. That leads to the third area for accelerated action – finance. That requires unprecedented coordination around the priorities and plans of vulnerable developing countries.ĭeveloped countries must present a clear and credible roadmap to double adaptation finance by 2025 as a first step towards devoting at least half of all climate finance to adaptation.Įvery person on earth must be covered by an early warning system by 2027 – by implementing the Action Plan we launched last year.Īnd countries should consider a set of global goals to mobilize international action and support on adaptation. It is time for a global surge in adaptation investment to save millions of lives from climate Those countries on the frontlines - who have done the least to cause the crisis and have the least resources to deal with it - must have the support they need to do so. And no more abusive distortion of anti-trust laws to sabotage net zero alliances.Įxtreme weather is becoming the new normal.Īll countries must respond and protect their people from the searing heat, fatal floods, storms, droughts, and raging fires that result. I urge companies as well as cities, regions, and financial institutions to come to the Climate Ambition Summit with credible transition plans that are fully aligned with the United Nations’ net zero standard, presented by our High-Level Expert Group.įinancial institutions must end their fossil fuel lending, underwriting and investments and shift to renewables instead.Īnd fossil fuel companies must chart their move towards clean energy, with detailed transition plans across the entire value chain: We also need action from leaders beyond governments. Hitting fast forward so that developed countries commit to reach net zero emissions as close as possible to 2040, and emerging economies as close as possible to 2050, with support from developed countries to do so.Īnd all actors must come together to accelerate a just and equitable transition from fossil fuels to renewables - as we stop oil and gas expansion, and funding and licensing for new coal, oil and gas.Ĭredible plans must also be presented to exit coal by 2030 for OECD countries and 2040 for the rest of the world.Īmbitious renewable energy goals must be in line with the 1.5 degree limit.Īnd we must reach net zero electricity by 2035 in developed countries and 2040 elsewhere, as we work to bring affordable electricity to everyone on earth. We need ambitious new national emissions reduction targets from G20 members.Īnd we need all countries to take action in line with my Climate Solidarity Pact and Acceleration Agenda: ![]() COP28.īut leaders – and particularly G20 countries responsible for 80% of global emissions – must step up for climate action and climate justice. ![]() We have several critical opportunities ahead. Some positive steps from sectors such as shipping.īut none of this is going far enough or fast enough.Īccelerating temperatures demand accelerated action. It is still possible to limit global temperature rise to 1.5 degrees Celsius and avoid the very worst of climate change.īut only with dramatic, immediate climate action. No more waiting for others to move first. And the level of fossil fuel profits and climate inaction is unacceptable. The era of global warming has ended the era of global boiling has arrived. The only surprise is the speed of the change.Ĭlimate change is here. The consequences are clear and they are tragic: children swept away by monsoon rains families running from the flames workers collapsing in scorching heat.įor vast parts of North America, Asia, Africa and Europe – it is a cruel summer.Īnd for scientists, it is unequivocal – humans are to blame.Īll this is entirely consistent with predictions and repeated warnings. Short of a mini-Ice Age over the next days, July 2023 will shatter records across the board.Īccording to the data released today, July has already seen the hottest three-week period ever recorded the three hottest days on record and the highest-ever ocean temperatures for this time of year. ![]() We don’t have to wait for the end of the month to know this. Today, the World Meteorological Organization and the European Commission’s Copernicus Climate Change Service are releasing official data that confirms that July 2023 is set to be the hottest month ever recorded in human history. ![]()
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