“The pandemic has shown that governments can rapidly mobilize massive sums of public money,” says one campaigner. “This is the moment to do it, and accelerate the transition.”
More than 120 civil society groups from around the world on Thursday warned that nations have only six months left to meet a collective commitment made at last year’s United Nations Climate Conference to end public financing of fossil fuels.
The organizations detailed steps nations must take as soon as possible to comply with their obligations under the Glasgow Statement on International Public Support for the Clean Energy Transition, a product of last year’s COP26 summit. Continue reading