New funding from governments for fossil fuel exploration or production is simply “delusional” the UN chief warned on Tuesday, adding that it would only “further feed the scourge or war, pollution and climate catastrophe.” António Guterres was speaking at the Sixth Austrian World Summit on the climate crisis, convened by the Austrian Government. Mr. Guterres repeated his call for G20 leading economies to “dismantle coal infrastructure, with a full phase-out by 2030 for OECD countries and 2040 for all others.” The window to prevent the worst impacts of the climate crisis is closing fast, the UN chief warned, and to keep the 1.5-degree goal of limiting global warming within reach, emissions must be cut by 45 per cent by 2030, with net zero emissions by 2050.
By UN News. June 14, 2022.
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