EconomyLens.com
No Result
View All Result
Wednesday, September 23, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Outgoing UN chief makes climate push at New York summit

David Peterson by David Peterson
September 23, 2026
in Other
Reading Time: 7 mins read
A A
0
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

UN chief Antonio Guterres has made climate change a defining issue of his tenure that ends on December 31. ©AFP

United Nations (United States) (AFP) – Fresh from accusing fossil fuel interests of treating the atmosphere like an “open sewer,” outgoing UN chief Antonio Guterres is set to host his final climate summit Wednesday at the world organization’s New York headquarters. The stakes are clearer than ever, as the impacts of climate change surge around the world — from heat waves and wildfires in Europe to catastrophic flooding in Nepal and Tibet triggered by a glacier collapse. Extreme weather impacts are set to worsen with an El Niño weather pattern that has tied for the most intense ever. And the world is set to shoot past — at least temporarily — 1.5C of warming, beyond which scientists say it will see worse catastrophes from climate change.

Related

Oil prices fall after Trump hails ‘good’ talks with Iran

Oil prices retreat as markets welcome US-Iran talks

Oil prices slide, AI stock buzz fades

Houthis accuse Saudi Arabia of deadly strikes as thousands flee

Stocks climb as oil slides, AI buzz returns

The “High-level Event on Climate Action and the Just Transition” will have opening remarks by Guterres, followed by Turkish President Recep Tayyip Erdogan and Australian Prime Minister Anthony Albanese. The two countries are co-hosting COP31 climate talks in Antalya in November in an unusual arrangement, with Australia running the talks but Turkey hosting the event and rallying support for voluntary pledges. Guterres, who made climate change a defining issue of his tenure that ends on December 31, set the tone on Tuesday when he called out “Big Oil” for treating the atmosphere like an “open sewer.” “Since Russia’s invasion of Ukraine, five major Western oil companies have pocketed nearly half a trillion dollars in profits,” he continued. He compared the amount with the just $34 billion in financing that has been mobilized to help developing countries adapt to a warming world. “Guterres is an extraordinary climate champion,” Rachel Cleetus of the nonprofit Union of Concerned Scientists told AFP. She praised the former Portuguese prime minister for using his position “to elevate the voices of the less powerful and highlight the need for climate justice.”

The meeting agenda calls on leaders to focus on areas like accelerating action to green their economies and mobilizing financing for developing countries to help them achieve their carbon goals and build resilience against a warming world. Momentum is also gathering for electrification: switching combustion-based systems, like in heating and vehicles, to electricity. Turkey has advanced a “35×35” target to increase electricity’s share of global final energy consumption to 35 percent by 2035. However, it has not specified that the electricity should be generated by renewables, which is key to tackling climate change.

There are some glimmers of hope, as global renewable power capacity grew by a record amount last year. But as energy demand increases from AI data centers and air conditioning in a warming world, clean energy is not rising fast enough to displace fossil fuels. Observers will be watching the level of ambition the two hosts — both fossil fuel-dependent economies — bring in the run-up to COP31. “We need to come together to meet the problem head-on. There’s no avoiding the scale of our responsibility or the cost of inaction,” Albanese said at the start of the week, extolling his nation’s rising share of renewables in its energy mix. Yet his climate change and energy minister Chris Bowen is traveling to India and Saudi Arabia this week for talks on strengthening Australia’s oil supplies.

Pledges for Nepal — where thousands remain missing — could also feature. Nepalese Foreign Minister Shisir Khanal recently told Kantipur TV that financial support “is not a matter of charity; it is a matter of legal and moral liability” for his climate-vulnerable country, which produces negligible emissions. Cleetus said the response for Nepal would be a credibility test for the Loss and Damage Fund, created to help the nations most vulnerable to the ravages of climate change, but so far vastly underfinanced.

© 2024 AFP

Share8Tweet5Share1Pin2Send
Previous Post

Tata turmoil shines light on India succession woes

Next Post

Meta leans into AI, smart glasses amid privacy pushback

David Peterson

David Peterson

Related Posts

Other

EU in showdown over Russian oligarch sanctions as deadline looms

September 22, 2026
Other

Google data centre sparks protests in Austria

September 22, 2026
Other

South African ostriches plucked alive for luxury fashion: report

September 22, 2026
Other

Why diesel prices are rising more than crude oil

September 22, 2026
Other

Trump’s beef policies irk Texas ranchers, testing their loyalty

September 18, 2026
Other

Hushing and hedging: US companies retreat on climate

September 19, 2026
Next Post

Meta leans into AI, smart glasses amid privacy pushback

Trump met with Venezuela's interim leader at UN

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Tata turmoil shines light on India succession woes

September 22, 2026

Oil prices fall after Trump hails ‘good’ talks with Iran

September 22, 2026

Oil prices retreat as markets welcome US-Iran talks

September 22, 2026

Ukraine anger as EU lifts sanctions on Russian oligarchs Usmanov, Fridman

September 22, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.