Guterres: Private sector workers who still finance coal production must be held

accountableAntónio Guterres, Secretary-General of the United Nations, said: The world’s biggest polluters are responsible for setting fire to our only home.Commenting on the second part of the sixth assessment report, which was published by the organization’s climate panel on Monday, he added, “In the face of such terrifying evidence, it is important to achieve the goals of limiting global temperatures to 1.5 degrees Celsius, and science shows that this requires… The world will reduce emissions by 45 percent by 2030, and achieve net zero emissions by 2050.”However, Guterres added: “But according to current commitments, global emissions will increase by approximately 14 percent over the current decade. This portends a disaster, and will destroy any chance of maintaining (the goal of) staying within 1.5 degrees Celsius.”The Secretary-General explained that one of the most prominent facts that the report shows is that coal and other fossil fuels are suffocating humanity, and he called on all G20 governments to adhere to their agreements to stop financing coal abroad, and also, urgently, to do the same within their countries and dismantle the coal fleets.Moreover, he said that private sector workers who still finance coal production must be held accountable, noting that this warning also includes giant oil and gas companies and their guarantors.According to the Secretary-General, “You cannot claim to take into account environmental considerations while at the same time undermining with your plans and projects the goal of achieving zero emissions by 2050 and ignoring the major reductions in emissions that must occur in this decade. People are not fooled by this trick.”He added that instead of slowing down the decarbonization of the global economy, it is time to accelerate the transition to energy use and reliance on renewable energy in the future, adding that fossil fuels of all kinds are not good for our planet, humanity, or economies.

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