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Climate Ambition Summit 2023: UN Chief Urges Swift Action | United Nations
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UN chief António Guterres said that humanity has opened the gates to hell, “we can – and we must turn up the tempo.”
Speaking at the Climate Ambition Summit today (20 Sep) in New York, Guterres reiterated, “governments must push the global financial system towards supporting climate action.”
“That means putting a price on carbon, and overhauling the business models of Multilateral Development Banks so that they leverage far more private finance at reasonable cost to developing countries,” the UN chief explained.
Guterres also said, “All parties must operationalize the Loss and Damage Fund at COP28,” adding that developed countries must meet the $100 billion commitment, replenish the Green Climate Fund, and double adaptation funding.
“And everyone must be covered by an early warning system by 2027 – by implementing the Action Plan we launched last year,” Guterres said.
Speaking at the Climate Ambition Summit today (20 Sep) in New York, Guterres reiterated, “governments must push the global financial system towards supporting climate action.”
“That means putting a price on carbon, and overhauling the business models of Multilateral Development Banks so that they leverage far more private finance at reasonable cost to developing countries,” the UN chief explained.
Guterres also said, “All parties must operationalize the Loss and Damage Fund at COP28,” adding that developed countries must meet the $100 billion commitment, replenish the Green Climate Fund, and double adaptation funding.
“And everyone must be covered by an early warning system by 2027 – by implementing the Action Plan we launched last year,” Guterres said.
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