UN Secretary-General urges countries to break down barriers to green energy

The UN Secretary-General on Wednesday called for a global coalition to accelerate the deployment of battery technology and urged countries to relax intellectual property restrictions to accelerate the transition away from fossil fuels and tackle climate change.

Antonio Guterres’ plea comes as the World Meteorological Organization (WMO) released its annual report, which found that four key indicators of climate change – greenhouse gas concentrations, sea level rise, ocean heat and acidification – set new records in 2021.

In video notes released alongside the WMO State of the Climate, the senior UN official called the report “a grim litany of humankind’s failure to address climate disruption” and laid out five actions governments must take to accelerate the energy transition “to crank”.

“The global energy system is broken, bringing us ever closer to climate catastrophe,” Guterres said, adding that while the cost of renewable technologies like wind power and solar power has come down significantly, major barriers are preventing widespread deployment.

Guterres called on countries, manufacturers, tech companies and financiers to join forces to accelerate the deployment of batteries, which he says are a common good and should not be held back by intellectual property restrictions.

He called for international coordination to expand and diversify supply chains for renewable energy technologies and raw materials, which are concentrated in a handful of countries.

The top UN diplomat also called on countries to speed up the permitting process for renewable energy projects – similar to a proposal recently proposed by the EU – and reiterated his calls for governments to end fossil fuel subsidies.

To give the world’s developing countries more access to renewable energy to power their growing populations, Guterres also called on private and development banks to triple investments in renewable energy to $4 trillion a year and help poor countries in the upfront cost of Wind and solar energy to help.

“Commercial banks and all elements of the global financial system must drastically increase their investments in renewable energy as they phase out fossil fuels,” he said.

https://www.independent.ie/business/world/un-secretary-general-asks-countries-to-ease-barriers-to-green-energy-41661750.html UN Secretary-General urges countries to break down barriers to green energy

Fry Electronics Team

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