Calling for a new energy revolution to address the challenge of climate change, UN Secretary-General António Guterres said, in remarks at the Austrian World Summit in Vienna today, that the world must build on a great many solutions that already exist or are in the pipeline.
“In the past decade, prices for renewables have plummeted and investments are on the rise,” he said. “Today, a fifth of the world’s electricity is produced by renewable energy. We must build on this.”
He said the world is seeing a groundswell of climate action.
“It is clear that clean energy makes climate sense. But it also makes economic sense. Today it is the cheapest energy. And it will deliver significant health benefits. Air pollution affects nearly all of us, regardless of borders.”
The Secretary-General encouraged businesses, governments and civil society organizations to disclose climate risk, divest from fossil fuels and forge partnerships that will invest in low-emissions resilient infrastructure.
“We need to do this from the biggest cities to the smallest towns. The opportunities are tremendous.”
He said some 75 per cent of the infrastructure needed by 2050 still remains to be built.
“How this is done will either lock us in to a high emission future or steer us towards truly sustainable low-emissions development. There is only one rational choice.”
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