COP28: Methane pledge by the ‘giants behind the climate crisis’ falls short, says Guterres

UN Chief: Fossil Fuel Industry Must Do More to Address Climate Change

As the fourth day of this year’s UN climate conference got underway, the UN chief stated: “The fossil fuel industry is finally starting to wake up, but the promises made clearly fall short of what is required.”

Reacting to the pledge announced on Saturday by several major oil and gas companies to reduce methane leaks from their pipelines by 2030, Mr. Guterres said it is a “step in the right direction”, but the promise failed to address a core issue, namely, eliminating emissions from fossil fuel consumption.

Methane (CH4) is a primary component of natural gas and is responsible for about a third of the planetary warming we see today. It is short-lived but is more powerful than carbon dioxide, the greenhouse gas most responsible for climate change. Without serious action, global anthropogenic methane emissions are projected to rise by up to 13 per cent between now and 2030.

UN agencies tell you here what you need to know about methane.

Dubbing the oil and gas companies, the “giant behind the climate crisis”, the Secretary-General also pointed out that the pledge did not provide clarity on the pathway to reaching net-zero by 2050, which is “absolutely essential to ensure integrity.”

“Science is clear: we need to phase out fossil fuels within a timeframe compatible with limiting global warming to 1.5 Celsius,” he reiterated, referring to one of the keystone targets set by the landmark 2015 Paris Agreement.

“There must be no room for greenwashing,” he said, referring to the dangers involved in promoting deceptive marketing and false claims of sustainability.

Find out more here about the tactics of ‘greenwashing’.

Early Warning for All

The groundbreaking Early Warnings for All Initiative launched by the Secretary-General last year aims to protect everyone from hazardous weather, water or climate through life-saving early warning systems by the end of 2027.

“This is an ambitious goal – but it is achievable. To make it a reality, we need all hands-on deck – collaborating and cooperating in a way that has not been done before,” he told delegates at Sunday’s main event on the issue.  

Mr. Guterres also launched a new report prepared by the UN Office for Disaster Risk Reduction (UNDRR) and the UN World Meteorological Organization (WMO), which shows that more lives are being protected from extreme weather and dangerous climate change impacts, but the pace of progress remains insufficient.

So far,101 countries reported having an early warning system, an increase of six countries compared to last year, doubling of coverage since 2015.

Yet, half of countries globally still do not have adequate multi-hazard early warning systems, the report finds.

The head of UNDRR Mami Mizutori said: “The progress is encouraging but we must not be complacent … with an 80 per cent increase in the number of people affected by disasters since 2015 and half the world still lacking access to early warnings.”

“Early warnings are the low-hanging fruit of climate adaptation. They are not a luxury but a must,” added WMO Secretary-General Petteri Taalas. 

Basic tool to save lives

The UN chief said Early Warnings for All systems are “the most basic tool for saving lives and securing livelihoods” in a world defined by “escalating climate injustices”.

Worryingly, countries that are vulnerable to extreme weather, especially small island developing States and least developed countries, as well as the entire African continent, have a rate of protection is well below the global average.

“And delayed action leads to more extreme weather events. More deaths. More destruction,” stated the Secretary-General.

Progress so far

Highlighting the progress made over the past year, Mr. Guterres shared examples from several countries:

• Maldives, Laos and Ethiopia now have dedicated national action plans;
• Benin has strengthened communications to reach communities at greatest risk; and 
• Fiji’s flash flood warning has been expanded to benefit nearly one million people.

He pointed out that in a world on a fast-track to temperature increase of 3 degrees Celsius, climate vulnerability is bound to escalate.

Therefore, it is critical to cut carbon pollution at an accelerated pace and invest in protecting vulnerable communities from the impact of more frequent and severe climate-related events.

The estimated cost of bringing everyone under the protection of early warning systems would be around $3 billion, “a tiny fraction of the hundreds of billions made by the fossil fuel industry last year.”  

Mr. Guterres called for a windfall tax on these profits, and for the money to be used to protect those suffering the worst impacts, encouraging countries to be “bold and ambitious and to double the speed and scale of support in 2024”.

Race to net-zero

SDGs, Targets, and Indicators

1. SDGs Addressed or Connected to the Issues Highlighted in the Article

• SDG 7: Affordable and Clean Energy
• SDG 13: Climate Action
• SDG 15: Life on Land

2. Specific Targets Based on the Article’s Content

• Target 7.2: By 2030, increase substantially the share of renewable energy in the global energy mix.
• Target 13.2: Integrate climate change measures into national policies, strategies, and planning.
• Target 15.5: Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity, and protect and prevent the extinction of threatened species.

3. Indicators Mentioned or Implied in the Article

• Percentage of renewable energy in the global energy mix
• Inclusion of climate change measures in national policies, strategies, and planning
• Extent of reduction in the degradation of natural habitats and loss of biodiversity

Table: SDGs, Targets, and Indicators

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Source: news.un.org

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