DUBAI / COP28 G77 PLUS CHINA SUMMIT

02-Dec-2023 00:02:48
At the G77 plus China summit at COP28, the UN Secretary-General, António Guterres, announced the creation of a panel focused on principles for extracting minerals that are “critical for the clean energy revolution.” UNIFEED
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STORY: DUBAI / COP28 G77 PLUS CHINA SUMMIT
TRT: 02:48
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / SPANISH / NATS

DATELINE: 02 DECEMBER 2023, DUBAI, UNITED ARAB EMIRATES
SHOTLIST
1. Wide shot, COP28 venue
2. Wide shot, plenary room
3. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“The extraction of critical minerals for the clean energy revolution — from wind farms to solar panels and battery manufacturing — must be done in a sustainable, fair, and just way. Demand for these minerals is set to increase almost fourfold by 2030.”
4. Wide shot, UN Secretary-General at podium
5. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“We cannot repeat the mistakes of the past with systematic exploitation of developing countries reduced to the production of basic raw materials. Today, I’m pleased to announce I am establishing the Panel on Critical Energy Transition Minerals. The Panel will bring together governments, international organizations, industry, and civil society to develop common and voluntary principles to guide extractive industries in the years ahead in the name of justice and sustainability.”
6. Med shot, UN Secretary-General at podium
7. SOUNDBITE (English) António Guterres, Secretary-General, United Nations:
“What we must avoid at all costs is a compromise based on minimum ambition on mitigation and minimum ambition on climate justice. Because developing countries would be losing twice, would be losing because there is no climate justice and be losing because without effective mitigation the dramatic impacts of climate change will be [suffered] essentially by vulnerable populations in the global South.”
8. Wide shot, plenary room
9. SOUNDBITE (Spanish) Miguel Díaz-Canel Bermúdez, President, Republic of Cuba / Chair, Group of 77 (G77):
“At a time when a just transition is being discussed, developing nations cannot allow the concept to progress alone without considering the factors that ensure its achievement, taking into account common but differentiated responsibilities, equity, and respective capabilities. The central element for this is to achieve it without leaving anyone truly behind, ensuring the provision of appropriate means of implementation, including financing, which is probably insufficient today.”
10. Wide shot, Cuban President at podium
11. SOUNDBITE (Spanish) Miguel Díaz-Canel Bermúdez, President, Republic of Cuba / Chair, Group of 77 (G77):
“The South cannot be forced to choose between development and climate action. Both factors are indissolubly linked.”
12. Wide shot, UNFCCC Executive Secretary walking to podium
13. SOUNDBITE (English) Simon Stiell, Executive Secretary, United Nations Framework Convention on Climate Change (UNFCCC):
“There is no trade-off between the climate and development agendas. The real threat is inaction.”
14. Various shots, attendants
STORYLINE
At the G77 plus China summit today (2 Dec) at COP28, the UN Secretary-General, António Guterres, announced the creation of a panel focused on principles for extracting minerals that are “critical for the clean energy revolution.”

Elements such as lithium, nickel, cobalt, manganese, and graphite are essential for batteries that power electric vehicles, for instance, and many G77 group countries are home to these resources.

Guterres insisted that their extraction “must be done in a sustainable, fair and just way.”

He also said that at the Climate Ambition Summit in September in New York, he heard repeated calls from G77 leaders for their countries and communities holding these minerals to fully benefit “with maximum local added value.”

Hence, the new panel, the UN chief said, will bring together governments, international organizations, industry, and civil society to develop common guidance for extractive industries “in the name of justice and sustainability.”

According to the Secretary-General, climate finance “still has a long way to go.”

He added that up to eighteen times more finance is needed for adaptation to meet the current needs of developing countries.

The International Energy Agency estimates that the transition to net zero in emerging markets and developing economies will cost more than $2 trillion annually by 2030.

Guterres said that the “outdated” international financial architecture must be reformed to reflect today's realities and respond to developing countries’ needs, including in relation to the Bretton Woods system.

He also said that the international financial system must provide an effective debt-relief mechanism that supports payment suspensions, longer lending terms, and lower rates.

He concluded, “What we must avoid at all costs is a compromise based on minimum ambition on mitigation and minimum ambition on climate justice. Because developing countries would be losing twice, would be losing because there is no climate justice and be losing because without effective mitigation the dramatic impacts of climate change will be [suffered] essentially by vulnerable populations in the global South.”

The President of the Republic of Cuba, Miguel Díaz-Canel Bermúdez, in his capacity as G77’s Chair, said, “At a time when a just transition is being discussed, developing nations cannot allow the concept to progress alone without considering the factors that ensure its achievement, taking into account common but differentiated responsibilities, equity, and respective capabilities. The central element for this is to achieve it without leaving anyone truly behind, ensuring the provision of appropriate means of implementation, including financing, which is probably insufficient today.”

He also said, “The South cannot be forced to choose between development and climate action. Both factors are indissolubly linked.”

Also addressing the G77 and China Leaders’ Summit, UN Climate Chief Simon Stiell said, “There is no trade-off between the climate and development agendas. The real threat is inaction.”

The G77 and China Leaders’ Summit, held in the COP28 Leaders’ Summit framework, is a forum for consultation, dialogue, and guidance for action in our nations.

This is an unprecedented event, as it is the first time that G77 member states and China meet at the level of heads of state or government in the framework of a COP.
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