Rich nations must stick to climate promises, says US envoy Kerry

AFP / Marwan Tahtah

The world's richest nations must implement their promises to keep alive a global goal to avoid the worst impacts of climate change, U.S. climate envoy John Kerry told Reuters on Saturday.

Kerry said progress was vital as Egypt prepares to host the next round of U.N. climate talks, known as COP27, in November in Sharm el-Sheikh. Read full story

For the meeting to be a success, the 20 richest nations accounting for 65 per cent of global gross domestic product (GDP) must stay committed to limiting global warming to 1.5 degrees Celsius, as they did at last year's U.N. summit in Glasgow, he said.

"That is critical," Kerry said in an interview. "Those 20 countries account for 80 per cent of all (greenhouse gas) emissions. If those countries move, we solve the problem."

Some progress is being made but not enough, and changes also need to happen more quickly, he said.

"There's a lot happening, many people pursuing new technologies or many people investing," he said, speaking a day after meeting Norwegian officials.

"But we need to be working faster at the government level to be organising ourselves so that there are more bankable deals so that there is a place for money to invest, and that takes some coordination between government and the private sector."

Addressing global crises such as the COVID-19 pandemic and the war in Ukraine has taken some focus away from efforts to combat climate change, Kerry said.

At the same time, "it underscores the imperative of being energy independent and for not being a hostage to gas, a fossil fuel held by somebody who is ready to weaponise that fuel", he said referring to Russian President Vladimir Putin.

"No country should be dependent that way. Nobody has to be (with renewables)," he said.

More from Business

Coming Up on Dubai Eye

  • The Score

    7:00pm - 9:00pm

    Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

  • The Music Mix

    9:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!