Top Stories,‘Pay up or humanity will pay the price’, Guterres warns at COP29 climate summit

‘Pay up or humanity will pay the price’, Guterres warns at COP29 climate summit

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Sharm el-Sheikh, Egypt – UN Secretary-General António Guterres issued a grave warning at the opening of the COP29 climate summit in Sharm el-Sheikh, Egypt, on Tuesday, November 12, 2024. He declared that the world must “pay up or humanity will pay the price” for climate inaction.

Guterres’s speech comes as the world faces a climate emergency, with rising sea levels, extreme weather events, and biodiversity loss posing significant threats to human well-being and economic prosperity.

“We are on the brink of climate chaos,” Guterres said. “The window of opportunity for climate action is closing rapidly. We must act now, with ambition and urgency, or we risk irreversible damage to our planet and its people.”

The Secretary-General emphasized the need for developed countries to provide financial and technological support to developing countries to help them transition to clean energy and adapt to the impacts of climate change. He called for developed countries to fulfill their commitment to provide $100 billion per year in climate finance to developing countries, a pledge that has yet to be met.

“Climate justice demands that those who have contributed most to the problem should do more to solve it,” Guterres said. “Developed countries must provide the financial and technological support that developing countries need to transition to clean energy and adapt to climate impacts.”

Guterres also highlighted the importance of reducing emissions from fossil fuels, which are the primary driver of climate change. He called for a rapid transition to renewable energy and an end to the use of coal, the most polluting fossil fuel.

“We cannot continue to rely on fossil fuels,” Guterres said. “We must accelerate the transition to renewable energy and end our addiction to coal.”

The COP29 climate summit brings together leaders from around the world to negotiate and adopt measures to address climate change. The summit is expected to focus on issues such as climate finance, emissions reduction, adaptation, and loss and damage.

Guterres’s warning underscores the urgency of climate action. The world must take bold and decisive steps to reduce emissions, adapt to the impacts of climate change, and ensure a just and sustainable future for all.


‘Pay up or humanity will pay the price’, Guterres warns at COP29 climate summit

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