Bainimarma leads support to pathway 2050
Eighty-nine per cent of the world’s largest high-emitting companies now have carbon emission targets – (sciencebased targets) not figures plucked from the air.
And 20 per cent of those companies are planning low carbon strategies to 2030 and beyond. Prime Minister and COP23 President Voreqe Bainimarama while lending his support to the pathway 2050 in Bonn, Germany on Monday made these remarks and encouraged other nations to have the foresight of long-term planning. “Clean energy has to beat dirty energy and it has to win on cost. It has to win for many, not just a few. And it has to lead to a better life – better health, cleaner air and a better relationship with our planet.
“We also have to win the battle of ideas. And that is the wonder- ful thing about the 2050 Pathway. It provides a space for those ideas to flow into, as well as a structure that will help us attract the resources we need – including the investment in the trillions of dollars required to meet our target,” he said.
As the world has its eyes on leaders who are locked in intense discussions about the implementation of the Paris Agreement, small island developing states and emerging economies have keen interest in the $100billion adaptation fund. Mr Bainimarama acknowledged that we now have large numbers of businesses, states and cities – as well as national governments – making plans to accelerate climate action.
“All with a view to achieving net zero carbon emissions in the longer term.”
The 2050 pathways platform was launched to support countries seeking to develop long-term deep decarbonization strategies, including through the sharing of resources (including finance, capacity building), knowledge and experiences.
Prime Minister and COP23 President Voreqe Bainimaramas with the Secretary General of the Commonwealth, Patricia Scotland, in Bonn, Germany.