Partnerships, increased climate investment crucial for sustainable transition, says the UN Deputy Chief

Marking the tenth anniversary and UN Objectives of sustainable development (Sdgs) and landmark Parisian agreementMs. Mohammed emphasized significant progress in the past decade, while admitting significant challenges that remain.

Decades of progress and challenge

In its remarks for the Summit for the Growth Summit, known for the “P4G”, which passes throughout the Vietnamese capital, Ms. Mohammed reflected the progress of the progress made from the adoption of the SDG and the Paris Agreement.

However, she emphasized the old man reality that the world is still far from where it should be.

“As I speak, there are 750 million people who do not have access to electricity, and two billion people do not have pure cooking solutions,” she said. She also pointed out increasing air pollution that affects children around the world for fossil fuel emissions.

I hope in the middle of trouble

Despite terrifying statistics, the Deputy Head of the UN expressed hope, drawing inspiration from the word Vietnamese Zen Master Tiha Nhat Hanh: “Hope is important because it can make a further moment less difficult to handle. If we believe that tomorrow will be better, we can have difficulty today. ”

She identified three sources of hope:

• Global commitment: The presence of representatives of governments, companies, investors and civil society at the summit showed collective commitment to the construction of more sustainable, elale, more inclusive and prosperous societies;
• Cooperation: Initiatives such as only energy transitional partnerships and P4G’s public-private partnerships that introduce the strength of cooperation in the transformation of energy, water and food systems and;
• Economic imperatives: Economic advantages of climate action; Each dollar invested in climate adaptation can generate a refund up to 10 times.

It also pointed out a significant reduction in costs in the storage of wind, solar and battery, making them the cheapest sources of new electricity in many markets.

Economic case for climate action

Ms. Mohammed emphasized the financial influence of climate disasters, which caused $ 320 billion around the world last year.

She emphasized that the climate crisis exhausts the resources needed for development, but also presented the convincing economic case for climate action.

“Renewable renovation for 92.5 percent of all new energy capacities were added globally last year, and the pure force has been surpassed by 40 percent of global electricity generation,” she noticed.

Vietna us as a leading example

He emphasized the leadership of the Vietary Energy, Ms. Mohammed praised the brave shift in the country from coal, which do not only combat climate change, but also promoting the fairer and equal future. He called this moment “rare opportunity” served in the new economic era that provides access to energy, accessibility and security during the creation of zero carbon, resistance and sustainable societies.

Call to action

The UN Deputy Head of Government Leaders to accelerate the implementation of cost-effective solutions and driving changes through smart policies and reforms at all levels.

She emphasized the importance of the next round of national contributions (NDCs) – national climate action plans – in harmonizing energy and development plans with climate objectives.

“Investment is key,” he emphasized, referring to a 2.4 trillion dollar a year for the flow and development of economies outside China until 2030. in order to maintain a 1.5-degree target and submitted to SDGs.

Learning corporate, financial and civil leaders, Ms. Mohammed called on continuous innovations, cooperation and creation of new models and partnerships for mobilization of finance on a scale. She encouraged the leaders to turn obstacles to business opportunities and launched actual investment in climate and sustainable development.

In closure, Ms. Mohammed confirmed the commitment to the United Nations supporting global efforts to the prosperous future for everyone. “The United Nations are ready to support your efforts at every step and keep hope for the more advanced future for everything alive,” she concluded.