World leaders on Sunday called for more action and inclusion of all countries in the global drive toward a cleaner and greener planet at a climate summit hosted virtually by South Korea.
Climate change is a major threat to global growth, with perils ranging from declines in crop yields, extreme weather that devastates tourist economies, disease outbreaks and other catastrophes that would sap productivity.
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South Korea, which recently announced plans to cut finance for international coal projects, is seeking a bigger role in the global initiative to go green.
“South Korea will play a responsible role as a bridging nation between developing and advanced nations,” said President Moon Jae-in as he opened the 2021 Partnering for Green Growth and the Global Goals 2030, or P4G, summit.
The two-day summit is the second of its kind following the inaugural meeting held in Copenhagen in 2018, and is focused on public-private partnerships, especially in developing countries.
Advanced nations have laid out ambitious emissions-cutting goals in recent months, as well as plans to ultimately go carbon neutral by 2050.
Source: Shine