As part of the UN’s climate action efforts, the Secretary-General’s Net-Zero Expert Group met for the first time on Wednesday, on a mission to develop stronger and clearer standards for net-zero emissions pledges by non-State entities — such as businesses, investors, cities, and regions—and speed up their implementation. The UN chief denounced that fact that fossil fuel interests are now ‘cynically’ using the war in Ukraine to lock in a high carbon future, noting that financial and technical obstacles to the deployment of renewable energy are hurting many developing countries. The Secretary-General reminded that he decided to establish the group due to a “deficit of credibility and a surplus of confusion” over emission reductions and net-zero targets. The Expert Group, consisting of 18 members from a range of different backgrounds, will meet in-person in May— a meeting that will be attended by the Secretary-General.
By UN News. April 27, 2022.
Read article here.
