Are G7 Finance Ministers Finally Ready To Act On Fossil Fuel Subsidies?

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 37 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 59%

G7 Nachrichten

Climate Change,Fossil Fuel Subsidies,Renewable Energy

I have 25 years of experience in sustainable development, energy and climate action. As CEO of the We Mean Business Coalition (WMBC), I work with our partners to provide the lodestar to guide companies to net-zero.

during of the final press conference G7 Minister's Meeting On Climate, Energy & Environment on April 30, 2024 in Turin, Italy. This week it is the turn of G7 Finance Ministers to meet on the shores of Lake Maggiore, Italy.

Finance ministers can push the world even further forward by working to ensure that financial commitments, including public investments and subsidies, are fully aligned with the ambition to transition away fossil fuels, as agreed at COP28. Ministers need to commit to reaching 100 per cent decarbonised power systems by 2035 in advanced economies and by 2040 for other countries, at the latest, and to agree support for countries in the Global South to help them diversify their economies and to develop net-zero pathways. This support should include finance and capacity-building for just transition planning to ensure that no-one is excluded in the move towards a clean tech economy and the transition is as fair as possible.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 318. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

New Thai finance minister has chance to improve strained central bank ties, says ex-Finance MinisterNew Thai finance minister has chance to improve strained central bank ties, says ex-Finance Minister
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Beyond Banking Apps: How Embedded Finance Is Reshaping FinanceIvo Gueorguiev, co-founder at Paynetics. Read Ivo Gueorguiev's full executive profile here.
Herkunft: ForbesTech - 🏆 318. / 59 Weiterlesen »