Sunday, April 27, 2025

Top 5 This Week

- Advertisement -
spot_img

Related Posts

- Advertisement -

Partnerships, increase in crucial climate investments for sustainable transition, explains the deputy chief of the UN

Marking the tenth anniversary of the UN Sustainable development objectives (ODD) and the landmark Paris AgreementMs. Mohammed underlined the significant progress made over the past decade, while recognizing the substantial challenges that remain.

A decade of progress and challenges

In its remarks at the top of the growth partnership, known by the “P4G” stenography, which takes place until Thursday in the capital of the Viet Nam, Ms. Mohammed has thought about the progress made since the adoption of the SDGs and the Paris Agreement.

However, she highlighted the harsh reality that the world is still far from where it should be.

“While I speak, 750 million people do not have access to electricity and two billion people do not have clean cooking solutions,” she said. It also underlined the increase in air pollution affecting children around the world due to fossil fuel emissions.

Hope in the middle of adversity

Despite intimidating statistics, the deputy chief of the UN expressed hope, inspired by the words of the Vietnamese Zen Master Thich Nhat Hanh: “Hope is important because it can make the present moment less difficult to bear. If we believe that tomorrow will be better, we can endure difficulties today. »»

She identified three sources of hope:

  • Global commitment: The presence of representatives of governments, companies, investors and civil society at the top has demonstrated a collective commitment to create more sustainable, resilient, inclusive and prosperous companies;
  • Collaboration: Initiatives such as Just Energy Transition Partnerships and Public-private partnerships of P4G, which illustrate the power of collaboration in the transformation of energy, water and food and food systems;
  • Economic imperatives: The economic advantages of climate action; Each dollar invested in climate adaptation can generate a yield of up to 10 times.

It also underlined the significant reductions in the costs of wind storage technologies, solar energy and battery, making it the cheapest sources of new electricity on many markets.

An economic case for climate action

Ms. Mohammed underlined the financial impact of climatic disasters, which caused $ 320 billion in damages worldwide last year.

She stressed that the climate crisis is emptying the resources necessary for development, but also presented a convincing economic case for climate action.

“Renewable energies represented 92.5% of all new electrical capacities added worldwide last year, and Clean Power exceeded 40% of global electricity production for the first time,” she noted.

Deputy Secretary General Amina Mohammed makes remarks at the P4G summit in Hanoi, Viet Nam.

Viet Nam as a leading example

Stressing the leadership of the Viet Nam in clean energy, Ms. Mohammed praised the daring passage of the country of coal, which does not only fight on climate change, but also the promotion of a fairer and more equal future. It described this moment as a “rare possibility” to inaugurate a new economic era which ensures access to energy, affordability and security while creating zero-carbon companies, resilients with disasters and sustainable.

Appeal to action

The deputy head of the United Nations urged government leaders to accelerate the implementation of profitable solutions and to stimulate changes through policies and intelligent reforms at all levels.

She highlighted the importance of the next series of contributions determined at the national level (NDC) – National Plans of Climate Action – to align energy and development plans on climate objectives.

“The investment is essential,” she said, citing the need for 2.4 billions of dollars per year to flow emerging economies and developing outside China by 2030 to maintain the goal of 1.5 degrees at hand and deliver on the SDGs.

Addressing the leaders of companies, financial and civil society, Ms. Mohammed called for continuous innovation, collaboration and the creation of new models and partnerships to mobilize large -scale finance. She encouraged managers to transform obstacles into commercial opportunities and generate real climate and sustainable development investments.

In closing, Ms. Mohammed reaffirmed the United Nations commitment to support global efforts to a more prosperous future for all. “The United Nations is ready to support your efforts at each stage and to keep hope for a more prosperous future for everyone alive,” she concluded.

Originally published at Almouwatin.com

- Advertisement -

Popular Articles