UN / GUTERRES ECONOMIST SUSTAINABILITY SUMMIT

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21-Mar-2022 00:02:22
In his remarks at the Economist Sustainability Summit, UN chief António Guterres warned that there is “no kind way” to describe the fate of the planet: “the 1.5-degree goal is on life support. It is in intensive care. And we must tell it like it is.” UNIFEED

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STORY: UN / GUTERRES ECONOMIST SUSTAINABILITY SUMMIT
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DATELINE: PRE-RECORDED 17 MARCH 2022, NEW YORK CITY / FILE

SHOTLIST:

RECENT – NEW YORK CITY

1. Wide shot, exterior, United Nations Headquarters

PRE-RECOREDED 17 MARCH 2022, NEW YORK CITY

2. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“There is no kind way to put it: The 1.5-degree goal is on life support. It is in intensive care. And we must tell it like it is.”

RECENT – NEW YORK CITY

3. Wide shot, exterior, United Nations Headquarters

PRE-RECORDED 17 MARCH 2022, NEW YORK CITY

4. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“The science is clear. So is the math. Keeping 1.5 alive requires a 45 per cent reduction in global emissions by 2030 and carbon neutrality by mid-century. That problem was not solved in Glasgow. In fact, the problem is getting worse.”
5. Wide shot, exterior, United Nations Headquarters

PRE-RECORDED 17 MARCH 2022, NEW YORK CITY

6. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“On the public finance side, wealthier countries must finally make good on the $100 billion climate finance commitment – in 2022 -- to developing countries. International financial institutions must give greater priority to this. On blended finance, those institutions must partner with private finance for joint investments or give guarantees that will attract much greater volumes of private investment. More creative risk-taking and innovation is needed to unlock the trillions the transition desperately needs. On the private side, we need to see far more investment in the net-zero and climate-resilient transition of emerging economies. It is the right thing to do – and the profitable thing to do.”

RECENT – NEW YORK CITY

7. Wide shot, exterior, United Nations Headquarters

PRE-RECORDED 17 MARCH 2022, NEW YORK CITY

8. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“So how do we keep 1.5 alive? By accelerating the phase-out of coal and all fossil fuels and implementing a rapid, just and sustainable energy transition -- the only true pathway to energy security. By honouring the Glasgow pledge to strengthen national climate plans every year until they are aligned with 1.5 degrees. By delivering concrete outcomes this year on climate coalitions to help emerging economies urgently phase out coal. By driving a swift and transformative increase in climate finance with multilateral development banks leading on unlocking the trillions that we know are needed. By speeding up the decarbonization of major sectors such as shipping, aviation, steel and cement. And by protecting the most vulnerable and ensuring an equal focus on adaptation. That’s how we will move the 1.5 degree goal from life support to the recovery room.”

RECENT – NEW YORK CITY

9. Wide shot, exterior, United Nations Headquarters

STORYLINE:

In his remarks at the Economist Sustainability Summit, UN chief António Guterres warned that there is “no kind way” to describe the fate of the planet: “the 1.5-degree goal is on life support. It is in intensive care. And we must tell it like it is.”

In a pre-recorded message to the Summit on the topic of “Keeping 1.5 Alive”, Guterres said that though the world saw some progress at COP 26, the main problem - the enormous emissions gap - was not solved or not even properly addressed.

He said, “The science is clear. So is the math. Keeping 1.5 alive requires a 45 per cent reduction in global emissions by 2030 and carbon neutrality by mid-century. That problem was not solved in Glasgow. In fact, the problem is getting worse.”

According to present national commitments, global emissions are set to increase by almost 14 per cent in the 2020s. Last year alone, global energy-related CO2 emissions grew by 6 per cent to their highest levels in history. Coal emissions have surged to record highs.

Guterres noted that about two weeks ago, the IPCC confirmed that half of humanity is already living in the danger zone. Small island nations, least developed countries and poor and vulnerable people everywhere, are one climate shock away from doomsday.

Reiterating that adaptation and mitigation must be pursued with equal force and urgency, Guterres said that the Glasgow commitment on doubling adaptation funding by 2025 is clearly not enough. He voiced that he has been pushing for 50 per cent of all climate finance for adaptation, because adaptation saves lives – and livelihoods.

The UN chief also reiterated, the world needs enormous increases to realize the transition and to invest in adaptation and resilience.

He explained, “on the public finance side, wealthier countries must finally make good on the $100 billion climate finance commitment – in 2022 -- to developing countries,” adding that “International financial institutions must give greater priority to this.”

Guterres went on saying on blended finance, “those institutions must partner with private finance for joint investments or give guarantees that will attract much greater volumes of private investment. More creative risk-taking and innovation is needed to unlock the trillions the transition desperately needs.”

On the private side, the UN chief added, “we need to see far more investment in the net-zero and climate-resilient transition of emerging economies.”

Guterres reiterated, “It is the right thing to do – and the profitable thing to do.”

Concluding his remarks by answering how the world keeps 1.5 alive, Guterres reiterated, “by accelerating the phase-out of coal and all fossil fuels and implementing a rapid, just and sustainable energy transition -- the only true pathway to energy security. By honouring the Glasgow pledge to strengthen national climate plans every year until they are aligned with 1.5 degrees. By delivering concrete outcomes this year on climate coalitions to help emerging economies urgently phase out coal. By driving a swift and transformative increase in climate finance with multilateral development banks leading on unlocking the trillions that we know are needed. By speeding up the decarbonization of major sectors such as shipping, aviation, steel and cement.”

“And by protecting the most vulnerable and ensuring an equal focus on adaptation,” he added.

The UN chief reiterated, “that’s how we will move the 1.5 degree goal from life support to the recovery room.”
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