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07, Oct 2020
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UNSG António Guterres calls for PDBs to boost funding for renewables ahead of the Finance in Common Summit

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BARCELONA (Thomson Reuters Foundation) - Governments worldwide are still putting obstacles in the way of economies making the transition to become carbon-neutral by mid-century, an effort needed to hold global warming to 1.5 degrees Celsius, the head of the United Nations said on Thursday.

Besides instituting their own plans to achieve net-zero emissions by 2050, governments must create the conditions to allow companies, cities, civil society groups and other organisations to do the same, U.N. Secretary-General Antonio Guterres urged.

He called on governments to reform regulations and policies that currently go against action on climate change, such as financing coal-power plants and providing subsidies for the extraction and use of fossil fuels.

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