UN chief laments 'naked greed' of fossil fuel interests, countries criticize big polluters

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UN Secretary-General Antonio Guterres and leaders from climate-vulnerable nations implore policymakers around the world to phase out climate-warming fossil fuels

UNITED NATIONS – Countries addressing a climate summit during the UN General Assembly criticized big polluters for not doing more to tackle global warming, and thesaid time was running short thanks to the “naked greed” of fossil fuel interests.

While some railed against the fossil fuel industry and countries’ continued reliance on oil, gas and coal, others highlighted the need to reform financial institutions to improve access to funding for developing nations. “In the two months or so until COP28, we must see a significant shift in political will,” said Manuel Pulgar-Vidal, who leads the global climate and energy campaign for the World Wildlife Fund.

Brazilian Environment Minister Marina Silva announced Brazil was raising its emission reduction target of 50-53% below 2005 levels by 2030, reflecting President Luiz Inacio Lula da Silva’s change of course from his predecessor, Jair Bolsonaro. “I hope that, in the same way that we can take Ukraine seriously in the Security Council, we can take the climate crisis and the financing for it seriously,” said Mia Mottley, who has called for a debt cancellation for low-income countries among other measures.

 

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