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According to the UN Climate Chief, there is a sense of urgency as we only have a limited time of two years to address the climate crisis and prevent further damage to the world. EcoWatch, established in 2005 in Ohio, is a digital platform that focuses on sharing high-quality, science-backed information about environmental problems, their root causes, and potential solutions.
Simon Stiell, the executive secretary of the United Nations Framework Convention on Climate Change, warns that there is a limited amount of time left to address the issue of climate change.
During a speech titled "Two Years to Save the World," Stiell stressed the importance of governments, development banks, and business leaders taking action to prevent more severe consequences of the climate crisis within the next two years, as per Reuters.
In a speech at London thinktank Chatham House, Stiell emphasized that addressing the climate crisis is essential for achieving other important goals such as ending poverty, hunger, pandemics, and improving education. He argued that without taking action on climate change, none of these Sustainable Development Goals will be attainable.
The UN states that it is crucial to decrease greenhouse gas emissions by 45 percent by 2030 in order to limit global warming to 1.5 degrees Celsius above pre-industrial levels. Despite this goal, global temperatures have broken records for 10 months in a row, as reported by the European Union's Copernicus Climate Change Service.
Currently, the national climate plans known as Nationally Determined Contributions (NDCs) are not projected to significantly reduce emissions by 2030. There is still an opportunity to decrease greenhouse gas emissions with more robust national climate plans, but they need to be implemented swiftly. Despite the fact that every country is required to submit a new plan, it is crucial to note that the G20 nations alone contribute to around 80% of global emissions.
The main objective of the upcoming UN COP29 climate conference in Baku, Azerbaijan, is for countries to set new climate finance targets aimed at helping developing nations address climate change and shift towards renewable energy sources. This information was reported by Reuters.
Stiell emphasized the importance of a significant increase in climate finance this year, stating that it is necessary and feasible. He urged finance ministers, CEOs, investors, and development bankers to redirect trillions of dollars towards cleaner and more resilient energy and infrastructure for a sustainable future. It is crucial to ensure that the poorest and most vulnerable countries also receive benefits from these investments, according to Stiell's remarks at Chatham House.
The head of climate initiatives suggested various measures to increase funding for climate finance, such as forgiving debt, implementing taxes on shipping emissions, providing cheaper financing for poorer countries, and making reforms to the International Monetary Fund and World Bank. This was reported by Reuters.
Stiell stated in the speech that taking bold action on climate change, along with promoting gender equality, has the power to bring about significant changes and move away from the current status quo. Continuing with business as usual will only deepen the existing inequalities between the wealthiest and poorest countries and communities, which are being exacerbated by the impacts of climate change.
In order to address the issue of global inequality, it is important for all countries to create ambitious climate plans that prioritize the well-being of people, create more job opportunities, and promote economic growth for everyone. These plans should be developed and implemented by early next year.
Stiell emphasized that it is not only up to governments and lawmakers to make the needed changes, but also to individuals worldwide.
A recent survey conducted by Gallup across 125 countries and involving 130,000 individuals revealed that 89% of respondents are in favor of governments taking stronger actions on climate change. However, there is a concerning trend of climate action being pushed down the list of priorities in government agendas. Stiell emphasized the importance of individuals speaking up and making their voices heard in order to ensure that climate change remains a top priority for governments. The message is clear: every voice matters and now is the time for people to advocate for bolder climate action.
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