Bloomberg Talks
Greece Prime Minister Kyriakos Mitsotakis Talks Climate Ambitions and Financing
Nov 13, 2024
Kyriakos Mitsotakis, Prime Minister of Greece, dives into the nation’s ambitious climate strategies as it faces pressing challenges like wildfires and droughts. He discusses the importance of emission reduction and renewable energy, emphasizing Greece's role in Mediterranean climate initiatives. Mitsotakis also addresses the complexities of climate financing at COP29 amid shifting U.S. political landscapes and highlights Greece's positive economic trajectory, focusing on job creation and sustainable growth.
10:08
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Quick takeaways
- Greece is setting ambitious climate goals, aiming to boost renewable energy production from over 50% to 80% within the coming years.
- The Prime Minister highlighted the need for robust financing strategies to support both adaptation efforts and civil protection against climate disasters.
Deep dives
Global Climate Change Challenges
The ongoing climate crisis remains a significant concern for world leaders, as evidenced by discussions at the COP29 climate conference. Many experts warn that the year could be the warmest on record, reflecting the dire impacts of climate change across Europe and beyond. The focus is shifting from long-term mitigation strategies to immediate adaptation efforts, emphasizing the need for countries to prepare for increasingly frequent climate disasters. This includes not only support for developing nations but also aiding more developed economies in grappling with current climate impacts.
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