• Canada
  • USA
  • Fossil Fuels
  • About
  • Contact
  • Eco-Anxiety
  • Climate Glossary
No Result
View All Result
The Energy Mix
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance
Subscribe
The Energy Mix
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance
Subscribe
The Energy Mix
No Result
View All Result

SPECIAL REPORT: ‘Defuse the Climate Time Bomb’ with Net-Zero by 2040, Guterres Urges G20

March 20, 2023
Reading time: 3 minutes
Primary Author: The Energy Mix staff

Kern River Valley Fire Info/Facebook

Kern River Valley Fire Info/Facebook

UN Secretary-General António Guterres welcomed a major, new climate science report as a “how-to guide to defuse the climate time bomb”, minutes after the Intergovernmental Panel on Climate Change (IPCC) issued a dire warning urging countries to dramatically reduce greenhouse gas emissions before a 1.5°C future slips out of reach.

“Humanity is on thin ice, and that ice is melting fast,” Guterres told an IPCC news conference in a seven-minute recorded address. A 1.5°C future is still “achievable, but it will take a quantum leap in climate action,” he added.

“This report is a clarion call to massively fast-track climate efforts by every country and every sector and on every time frame,” the Secretary-General said, a roadmap to address “everything, everywhere, all at once.”

The Summary for Policymakers released Monday warns that about half the world’s population will likely see the impacts of climate change, and the remaining carbon budget to hold average global warming at 1.5°C will soon be used up without drastic reductions in fossil fuel use and a three- to sixfold increase in investment in climate solutions. It also points out that the most practical solutions—beginning with solar and wind power and reductions in methane emissions—are also the most affordable.

Our special report on the IPCC’s climate mitigation report includes these stories:

• Devastating Impacts, Affordable Climate Solutions Drive IPCC’s Urgent Call for Action

• Window for 1.5°C ‘Rapidly Closing’, IPCC Warns

• Swift Action, Inclusive Resilience Vital in Face of Overlapping Climate Hazards

• Shift from Fossils to Renewables is Quickest, Cheapest Path to Cut Emissions, IPCC Report Shows

• IPCC Report Charts a Course for Ottawa’s ‘Clean Technology’ Budget

• Gap Between IPCC’s Science, National Actions Sets Challenge for COP 28

• IPCC Sees Deeper Risk in Overshooting 1.5°C Warming Threshold

In his remarks Monday, Guterres proposed a new Climate Solidarity Pact in which “all big emitters would make extra efforts to cut emissions, and wealthier countries would mobilize financial and technical resources to support emerging economies in a common effort to ensure that global temperatures do not rise by more than 1.5°C above pre-industrial levels,” the UN news service reports. Under Guterres’ Acceleration Agenda, to be amplified in turn by a UN Climate Ambition Summit in September in New York, rich countries would commit to hit net-zero emissions by 2040, a decade ahead of current plans. Developing countries would agree to a 2050 deadline.

Key elements of the agenda include a coal phaseout by 2035 for rich countries and 2040 for the rest of the world, an end to licencing and funding new or expanded oil or gas infrastructure, safeguards for the most vulnerable communities, scaled-up funding for climate adaptation and for loss and damage, and reforms to scale up climate investment from multilateral development banks and private financiers.

Guterres also called on the world’s oil and gas CEOs “to be part of the solution. They should present credible, comprehensive, and detailed transition plans” with real emission cuts by 2025 and 2030, along with changes in business models enabling them to phase out fossil fuels and scale up renewable energy.

In recent weeks, several of the world’s biggest oil and gas companies have walked back their declared climate plans, after a year of record profits driven largely by energy price shocks resulting from Russia’s war in Ukraine.



in Carbon Levels & Measurement, Climate Equity & Justice, Climate Impacts & Adaptation, Coal, Finance & Investment, International Agencies & Studies, Oil & Gas

Trending Stories

Ian Muttoo/flickr
United States

Ontario Slaps 25% Surcharge on Power Exports as U.S. Commerce Secretary Vows More Tariffs

March 12, 2025
314
Doug Kerr/flickr
Power Grids

New NB-NS Transmission Line Would ‘Take Care of Home’ Through Trump’s Trade War

March 7, 2025
283
LoggaWiggler / Pixabay
Energy Politics

Tariffs Likely to Crater Canadian Crude Exports to U.S., Marathon Tells Investors

March 11, 2025
242

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Get the climate news you need, delivered direct to your inbox. Sign up for our free e-digest.

Subscribe Today

View our latest digests

Related Articles

More Renewables, High Emissions as IEA Projects 3.9% Annual Electricity Growth

More Renewables, High Emissions as IEA Projects 3.9% Annual Electricity Growth

February 19, 2025
‘Like Dystopian Sci-Fi Film’: Earth Records Hottest Year Ever in 2024, Breaches 1.5°C Threshold

‘Like Dystopian Sci-Fi Film’: Earth Records Hottest Year Ever in 2024, Breaches 1.5°C Threshold

January 15, 2025
IEA Proclaims ‘Age of Electricity’ as Batteries, Solar Surge—But Emissions Still Way Off Course

IEA Proclaims ‘Age of Electricity’ as Batteries, Solar Surge—But Emissions Still Way Off Course

December 29, 2024

Quicker, Smaller, Better: A Fork in the Road That Delivers a Clean Energy Future

by Mitchell Beer
March 9, 2025

…

Follow Us

Copyright 2025 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_logo
Climate-and-Capital

No Result
View All Result
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance

Copyright 2025 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance

Copyright 2025 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.