SHARM EL SHEIKH / COP27 NET ZERO
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08-Nov-2022
00:03:47
At the launch of a report on Net-Zero Commitments, UN Secretary-General António Guterres said, “we must have zero tolerance for net-zero greenwashing,” adding that “using bogus ‘net-zero’ pledges to cover up massive fossil fuel expansion is reprehensible. It is rank deception” and “the sham must end.” UNIFEED
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STORY: SHARM EL SHEIKH / GUTERRES NET-ZERO
TRT: 3:47
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS
DATELINE: 08 NOVEMBER 2022, SHARM EL SHEIK, EGYPT
SHOTLIST:
06 NOVEMBER 2022, SHARM EL SHEIK, EGYPT
1.Various shots, exterior, COP27 venue
08 NOVEMBER 2022, SHARM EL SHEIK, EGYPT
2. Various shots, conference room
3. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“We must have zero tolerance for net-zero greenwashing.”
4.Wide shot, conference room
5. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“I also have a message to fossil fuel companies and their financial enablers. So-called ‘net-zero pledges’ that exclude core products and activities are poisoning our planet. They must thoroughly review their pledges and align them with this new guidance. Let’s tell it like it is. Using bogus ‘net-zero’ pledges to cover up massive fossil fuel expansion is reprehensible. It is rank deception. This toxic cover-up could push our world over the climate cliff. The sham must end.”
6. Wide shot, conference room
7. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“As fossil fuel finance is scaled down, climate finance for renewable energy should be scaled up. Private financial institutions must now fully facilitate investments for a renewable energy revolution, and proactively work with international financial institutions to address issues of cost of capital and risk perceptions, namely the cost of capital in the developing world is something that worries us a lot. Let’s not forget that renewable energy and the concentration of costs in the capital cost, and so to keep high interest rates in developing countries for these projects might kill them and we need to make sure that the international financial system responds to this question.”
8. Wide shot, conference room
9. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“At the same time, the transition to net-zero must be just. Transition plans should address the needs of workers in fossil fuel industries and sectors affected by the renewable energy transition. By the first half of 2023, all existing net-zero voluntary initiatives must explain how they will align and revise their standards accordingly -- and all new initiatives must abide by these recommendations.”
10. Wide shot, conference room
11. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“I urge all government leaders to provide non-state entities with a level playing field to transition to a just, net-zero future. Solving the climate crisis requires strong political leadership. The G20 -- together with all OECD countries – must accelerate the decarbonization of their economies and end their addiction and subsidies to fossil fuels. This means they must rapidly regulate, design policies, pass legislation and approve budgets to limit warming to 1.5 degrees. And I call on all other governments to build a net-zero regulatory environment to fit their needs and national circumstances.”
12. Wide shot, conference room
STORYLINE:
At the launch of a report on Net-Zero Commitments, UN Secretary-General António Guterres said, “we must have zero tolerance for net-zero greenwashing,” adding that “using bogus ‘net-zero’ pledges to cover up massive fossil fuel expansion is reprehensible. It is rank deception” and “the sham must end.”
Launched at COP27 in Egypt, the report provides clarity in four key areas as defined by the Secretary-General: environmental integrity; credibility; accountability; and the role of governments.
First, on environmental integrity, net-zero pledges must be in line with IPCC scenarios limiting warming to 1.5 degrees, the UN chief said.
He added that this means global emissions must decline by at least 45 per cent by 2030 – and reach net zero by 2050.
In his message to fossil fuel companies and their financial enablers, Guterres said that the “so-called ‘net-zero pledges’ that exclude core products and activities are poisoning our planet. They must thoroughly review their pledges and align them with this new guidance.”
Second, on credibility, full and rapid decarbonization this decade is the ultimate test, Guterres said.
He added that leaders from business, financial institutions and local authorities need to present transition plans with their net-zero pledges.
The Secretary-General also reiterated that fossil fuels must be phased out and renewable energy scaled-up.
He thanked the Group for providing clarity and details on what businesses, financial institutions, and sub-national authorities need to do to phase-out coal, oil and gas.
Guterres continued, “as fossil fuel finance is scaled down, climate finance for renewable energy should be scaled up.”
He explained, “private financial institutions must now fully facilitate investments for a renewable energy revolution, and proactively work with international financial institutions to address issues of cost of capital and risk perceptions, namely the cost of capital in the developing world is something that worries us a lot.”
“At the same time, the transition to net-zero must be just,” the UN chief reiterated.
He said, “transition plans should address the needs of workers in fossil fuel industries and sectors affected by the renewable energy transition. By the first half of 2023, all existing net-zero voluntary initiatives must explain how they will align and revise their standards accordingly -- and all new initiatives must abide by these recommendations.”
Third, on accountability, full transparency is critical. Guterres called on net-zero voluntary initiatives to accelerate efforts to standardize progress reports, in an open format and via public platforms that feed into the UNFCCC Portal.
Fourth and finally, governments need to ensure that these voluntary initiatives become the “new normal”.
The Secretary-General urged all government leaders to “provide non-state entities with a level playing field to transition to a just, net-zero future.”
He said, “solving the climate crisis requires strong political leadership. The G20 -- together with all OECD countries – must accelerate the decarbonization of their economies and end their addiction and subsidies to fossil fuels.”
Guterres further explained, “this means they must rapidly regulate, design policies, pass legislation and approve budgets to limit warming to 1.5 degrees. And I call on all other governments to build a net-zero regulatory environment to fit their needs and national circumstances.”
Last year at COP26 in Glasgow, Guterres announced that he would appoint an Expert Group to address a ‘surplus of confusion and deficit of credibility’ over net-zero targets of non-State entities.
The group’s first report is the result of intense work and consultations over seven months and reflects the best advice of the 17 experts selected by the UN chief.
TRT: 3:47
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS
DATELINE: 08 NOVEMBER 2022, SHARM EL SHEIK, EGYPT
SHOTLIST:
06 NOVEMBER 2022, SHARM EL SHEIK, EGYPT
1.Various shots, exterior, COP27 venue
08 NOVEMBER 2022, SHARM EL SHEIK, EGYPT
2. Various shots, conference room
3. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“We must have zero tolerance for net-zero greenwashing.”
4.Wide shot, conference room
5. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“I also have a message to fossil fuel companies and their financial enablers. So-called ‘net-zero pledges’ that exclude core products and activities are poisoning our planet. They must thoroughly review their pledges and align them with this new guidance. Let’s tell it like it is. Using bogus ‘net-zero’ pledges to cover up massive fossil fuel expansion is reprehensible. It is rank deception. This toxic cover-up could push our world over the climate cliff. The sham must end.”
6. Wide shot, conference room
7. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“As fossil fuel finance is scaled down, climate finance for renewable energy should be scaled up. Private financial institutions must now fully facilitate investments for a renewable energy revolution, and proactively work with international financial institutions to address issues of cost of capital and risk perceptions, namely the cost of capital in the developing world is something that worries us a lot. Let’s not forget that renewable energy and the concentration of costs in the capital cost, and so to keep high interest rates in developing countries for these projects might kill them and we need to make sure that the international financial system responds to this question.”
8. Wide shot, conference room
9. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“At the same time, the transition to net-zero must be just. Transition plans should address the needs of workers in fossil fuel industries and sectors affected by the renewable energy transition. By the first half of 2023, all existing net-zero voluntary initiatives must explain how they will align and revise their standards accordingly -- and all new initiatives must abide by these recommendations.”
10. Wide shot, conference room
11. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“I urge all government leaders to provide non-state entities with a level playing field to transition to a just, net-zero future. Solving the climate crisis requires strong political leadership. The G20 -- together with all OECD countries – must accelerate the decarbonization of their economies and end their addiction and subsidies to fossil fuels. This means they must rapidly regulate, design policies, pass legislation and approve budgets to limit warming to 1.5 degrees. And I call on all other governments to build a net-zero regulatory environment to fit their needs and national circumstances.”
12. Wide shot, conference room
STORYLINE:
At the launch of a report on Net-Zero Commitments, UN Secretary-General António Guterres said, “we must have zero tolerance for net-zero greenwashing,” adding that “using bogus ‘net-zero’ pledges to cover up massive fossil fuel expansion is reprehensible. It is rank deception” and “the sham must end.”
Launched at COP27 in Egypt, the report provides clarity in four key areas as defined by the Secretary-General: environmental integrity; credibility; accountability; and the role of governments.
First, on environmental integrity, net-zero pledges must be in line with IPCC scenarios limiting warming to 1.5 degrees, the UN chief said.
He added that this means global emissions must decline by at least 45 per cent by 2030 – and reach net zero by 2050.
In his message to fossil fuel companies and their financial enablers, Guterres said that the “so-called ‘net-zero pledges’ that exclude core products and activities are poisoning our planet. They must thoroughly review their pledges and align them with this new guidance.”
Second, on credibility, full and rapid decarbonization this decade is the ultimate test, Guterres said.
He added that leaders from business, financial institutions and local authorities need to present transition plans with their net-zero pledges.
The Secretary-General also reiterated that fossil fuels must be phased out and renewable energy scaled-up.
He thanked the Group for providing clarity and details on what businesses, financial institutions, and sub-national authorities need to do to phase-out coal, oil and gas.
Guterres continued, “as fossil fuel finance is scaled down, climate finance for renewable energy should be scaled up.”
He explained, “private financial institutions must now fully facilitate investments for a renewable energy revolution, and proactively work with international financial institutions to address issues of cost of capital and risk perceptions, namely the cost of capital in the developing world is something that worries us a lot.”
“At the same time, the transition to net-zero must be just,” the UN chief reiterated.
He said, “transition plans should address the needs of workers in fossil fuel industries and sectors affected by the renewable energy transition. By the first half of 2023, all existing net-zero voluntary initiatives must explain how they will align and revise their standards accordingly -- and all new initiatives must abide by these recommendations.”
Third, on accountability, full transparency is critical. Guterres called on net-zero voluntary initiatives to accelerate efforts to standardize progress reports, in an open format and via public platforms that feed into the UNFCCC Portal.
Fourth and finally, governments need to ensure that these voluntary initiatives become the “new normal”.
The Secretary-General urged all government leaders to “provide non-state entities with a level playing field to transition to a just, net-zero future.”
He said, “solving the climate crisis requires strong political leadership. The G20 -- together with all OECD countries – must accelerate the decarbonization of their economies and end their addiction and subsidies to fossil fuels.”
Guterres further explained, “this means they must rapidly regulate, design policies, pass legislation and approve budgets to limit warming to 1.5 degrees. And I call on all other governments to build a net-zero regulatory environment to fit their needs and national circumstances.”
Last year at COP26 in Glasgow, Guterres announced that he would appoint an Expert Group to address a ‘surplus of confusion and deficit of credibility’ over net-zero targets of non-State entities.
The group’s first report is the result of intense work and consultations over seven months and reflects the best advice of the 17 experts selected by the UN chief.
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