The commitment to limit global temperature rises to 1.5C is at severe risk, the head of the UN told the Davos summit of world leaders.
Antonio Guterres, Secretary-General of the UN, said without further action the trajectory is heading towards a 2.8C increase.
“The consequences, as we all know, would be devastating. Several parts of our planet would be uninhabitable. And for many, it would mean a death sentence,” he warned.
Guterres said the battle to keep the 1.5C limit alive will be won or lost in this decade.
“So, we need to act together to close the emissions gap, and that means to phase out progressively coal and supercharge the renewable revolution, to end the addiction to fossil fuels, and to stop our self-defeating war on nature.”
He said the private sector had a critical role to play.
“The truth is that more and more businesses are making net-zero commitments. But benchmarks and criteria are often dubious or murky. This can mislead consumers, investors and regulators with false narratives – and it feeds a culture of climate misinformation and confusion, and leaves the door open to greenwashing.”