Zero: The Climate Race
Green growth is expensive. The global economy can afford it.
Feb 13, 2025
Achim Steiner, the Head of the UN Development Programme, shares insights on climate action amidst global challenges. He emphasizes that while we have the solutions, we often fail to act on them. Countries like Uruguay and India are innovating sustainably without relying on international funding. Steiner urges developed nations to enhance financial support for sustainable efforts. The discussion highlights the complex relationship between climate change and economic growth, especially for poorer nations emerging from the pandemic.
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Quick takeaways
- Technological advancements in renewable energy have led to increased investments, with projections indicating $3 trillion directed towards clean technologies in 2024.
- The disparities in climate progress highlight the necessity for developed nations to support developing countries in achieving equitable sustainable development through financial assistance.
Deep dives
The Role of Technology in Climate Progress
The podcast highlights the significant technological advancements in renewable energy over the past decade, underscoring that substantial investments are being directed towards clean technologies. In 2024, it is estimated that two-thirds of $3 trillion in new energy infrastructure investments will go towards renewables. Furthermore, the total investment in new renewable electricity-generating capacity has surpassed that of traditional fossil fuels, signaling a vital shift in energy strategies worldwide. This shift reflects the combined efforts of international communities, private sectors, and scientific innovations towards a decarbonized future.
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