UN chief warns world is on path to 'climate hell'

Humanity must cooperate on cutting carbon emissions or face a bleak future, UN chief Antonio Guterres told the opening of the COP27 climate summit on Monday. The two-day gathering of world leaders opened in Cairo, with hopes of substantive progress dimmed due to the current geopolitical tension and economic volatility. The UN chief warned that, on the current trajectory, "we are on a highway to climate hell with our foot still on the accelerator." Guterres called for a pact between the world's richest and poorest countries to accelerate a shift from fossil fuels to alternative energy sources. He called for more rapid delivery of funds to help less affluent nations reduce emissions, and to buffer them against the unavoidable impact of climate change. "The two largest economies — the United States and China — have a particular responsibility to join efforts to make this pact a reality," he said. Guterres also said COP27 must agree on a "clear, time-bound roadmap" for loss and damage that delivers "effective institutional arrangements for financing." "Getting concrete results on loss and damage is a litmus test of the commitment of governments to the success of COP27," he said. Scholz calls for more cooperation Speaking in Sharm el-Sheikh, Chancellor Olaf Scholz has promised to increase by 2025 German contribution for international climate financing to €6 billion ($6.02 billion) annually. In addition, Germany will provide €170 million ($170.5 million) for a global protective umbrella to cushion the damage caused by climate catastrophes such as droughts, hurricanes or floods. In his speech, Scholz warned against a "renaissance of fossil fuels" such as oil, gas and coal. "For Germany, I say there will be no such thing," he said. He also reiterated the goal that Germany should become climate-neutral by 2045. "Not less but more speed, more ambition, more cooperation in the transition to renewable energies is the imperative of our time," Scholz said. What did other world leaders say? Meanwhile, French President Emmanuel Macron addressed the impact of the Russia-Ukraine war on climate commitments. "Even if our world has changed, the climate issue cannot be a balancing item of the war unleashed by Russia on Ukrainian soil (...) We will not sacrifice our commitments to the climate due to the Russian threat in terms of energy so all countries must continue to uphold all their commitments," he said. What did other world leaders say? Meanwhile, French President Emmanuel Macron addressed the impact of the Russia-Ukraine war on climate commitments. "Even if our world has changed, the climate issue cannot be a balancing item of the war unleashed by Russia on Ukrainian soil (...) We will not sacrifice our commitments to the climate due to the Russian threat in terms of energy so all countries must continue to uphold all their commitments," he said. ( Source Deutche Welle)