World leaders call for inclusion, action at Seoul climate summit
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.
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.