September 19, 2021

No Way To Reach The 1.5℃ Target Of The Paris Agreement Without The G20: UN Chief

“The world urgently needs a clear and unequivocal commitment from all G20 countries to the 1.5℃ target of the Paris Agreement,” Antonio Guterres said on Sunday, in the words of the group’s key climate change commitments during last week’s ministerial meeting on the environment, climate and energy after failing to agree.

“There is no way to achieve this goal without the leadership of the G20. This signal is desperately needed by the billions who are already on the front lines of the climate crisis, and will give markets, investors, and industry a decidedly void-climate resilient giving in the future, “urged the Secretary-General in a statement.

The UN chief reminded that science indicates that to meet that ‘ambitious, yet achievable goal’, the world must achieve carbon neutrality before 2050 and dangerous greenhouse gas emissions from 2010 levels by 2030 will have to be cut by 45%. “But we are way off”, he warned.

A Setback For Glasgow:

G20 ministers, who met in Naples, Italy on 23-25 July, could not agree on a common language on two contentious issues related to the phasing out of coal and the 1.5℃ target, which are now being discussed at the G20 Have to do Summit in Rome in October, just a day before COP 26 begins.

The G20 Is Needed To Give To The World:

There are less than 100 days left before the 2021 UN Climate Conference COP 26, an important meeting to be held in Glasgow at the end of October, Antonio Guterres urges all G20 and other leaders to commit to net-zero by mid-century, to present the more ambitious 2030 National Climate Plans and lay out concrete policies and actions that align with a net-zero future. These include no new coal after 2021, phasing out fossil fuel subsidies and an agreed minimum international carbon pricing floor proposed by the International Monetary Fund (IMF).”The G7 and other developed countries must also deliver a credible solidarity package of support for developing countries, including meeting the US $100 billion target, increasing adaptation and resilience support to at least 50% of total climate finance, and getting multilateral development banks to significantly align their climate portfolios to meet the needs of developing countries,” he highlighted. The UN chief explained that he intends to use the opportunity of the upcoming UN General Assembly high-level session to bring leaders together to reach a political understanding on these important elements of the ‘package’ needed for Glasgow.

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