Climate change: New fossil fuel funding is 'delusional' says UN chief

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The UN Secretary General thinks that spending money on new coal, oil and gas is delusional.

Many countries want to increase their fossil fuel production in order to have less dependence on Russia.

The UN Secretary-General says that our global energy mix is broken and that more coal will only make the problem worse.

renewable energy is the peace plan of the 21st century

The UN secretary took countries to task for their continued reliance on fossil fuels in a video message.

"National plans to reduce carbon emissions were simply not good enough, and governments that are dragging their feet are not doing enough to address the problem."

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Many countries are concerned about energy security in the wake of Russia's invasion of Ukraine, and they are focusing on fossil fuels.

Some countries are planning to burn more coal in the short term while others are trying to increase gas imports.

More fossil fuel will be used over the next three years as the European Union seeks to end dependence on Russian oil and gas by the year 2027.

This short-term response may close the window on a key climate goal according to Mr. Guterres.

The goal of the Paris climate agreement is to keep global temperatures from rising by more than 1.5C this century.

Climate warming gases need to be cut in half by the year 2030.

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Experts believe that the war in Ukraine is making that target more difficult.

New exploration for oil and gas and building more infrastructure for fossil fuels is "delusional", according to Mr. Guterres.

He repeated his call for a rapid phase out of coal and increased spending on renewable energy.

We wouldn't be at the mercy of the instability of fossil fuel markets if we had invested a lot in renewable energy.

Over the past decade, the price of renewable energy has fallen dramatically, while the cost of oil and gas has risen.

Red tape and bureaucracy should be reformed in order to speed up renewable energy projects.

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The UN Secretary-General called for more money to be spent on helping poorer countries deal with the effects of climate change.

Efforts to adapt to rising temperatures should be treated the same as plans to cut emissions, according to him.

The first major gathering since the COP26 conference is taking place in Bonn.

There has been a lot of discussion about the lack of progress in meeting the goals.

The question of loss and damage has been the focus of a lot of attention.

The next major conference will take place in Egypt later this year.

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