77 countries commit to cut its greenhouse gas emission
September 24, 2019 4:55 pm
Image Source: Fiji Government
77 countries have committed to cut greenhouse gas emissions to net-zero by 2050.
70 countries announced they will either boost their national action plans by 2020 or have started the process of doing so.
These are part of the outcomes of the Climate Action Summit held in New York today.
Many smaller countries, including Small Island Developing States and Least Developed Countries, were among those who made the biggest pledges, despite the fact that they have contributed the least to the problem.
Speaking at the closing segment, UN Secretary-General António Guterres told the leaders, they have delivered a boost in momentum, cooperation, and ambition but there is still a long way to go.
Guterres says there is still a need for more concrete plans, more ambition from more countries and more businesses adding we need all financial institutions, public and private, to choose, once and for all, the green economy.
Over 100 business leaders have also delivered concrete actions to align with the Paris Agreement targets, and speed up the transition from the grey to a green economy.
Major announcements were also made regarding contributions to the Green Climate Fund, lower carbon investments and phasing out coal use.