“Prince Charles has just given us a road map. Prime Minister Johnson highlighted how much money there is: we are talking about tens of trillions of dollars. But now we have to use them. Now we have to find smart ways to spend it, and spend them quickly ». Mario Draghi talk is not lost, he does the math: the money is there and it is necessary to spend it in the best possible way for the planet.
The opening of the Cop26 in Glasgow was the speech of the British Prime Minister Boris Johnson. He recalled that we are “one minute from midnight, in the Apocalypse clock”, but there is money and technology to stem climate change. “Maybe we don’t feel like James Bond and many of us don’t look like him, but we have the opportunity and the task to make this summit the moment when humanity begins, and I stress begins, defusing the climate bomb.” After the 2015 Paris Agreement, according to Johnson, the world has done too much “bla bla bla”, but now is the time to act.
The “bla bla bla” is a direct quote from a sentence of Greta Thunberg who in the same minutes re-launched on Twitter the appeal to sign an open letter accusing world leaders of treason. “Millions of people will suffer from the devastation caused to our planet. This terrifying future can be realized, or avoided: and it is up to you to decide ».
Mario Draghi went beyond his written speech and added off the cuff that there is money. “First of all, we need all multilateral development banks, and especially the World Bank, to share with the private sector those risks that it cannot bear alone.. We need country-specific programs where the World Bank and other multilateral development banks can truly share the shares and make all this money usable for a positive effort. In a way, this is the first piece of good news Prime Minister Johnson gave us today: money is not a problem if we want to use it well. ‘
«Climate change has serious implications for global peace and security. It can deplete natural resources and aggravate social tensions. It can lead to new migratory flows and contribute to terrorism and organized crime. Climate change can divide us, ”adds Draghi.
Everyone looks to young people and they turn to them knowing that the movement for the planet is strong and that the agreement found at the G20 is generic and fragile: a cap for global warming at 1.5 degrees and a zero emissions target by 2050. The US president made a new promise Joe Biden. “The United States has not only returned to the table, but is ready to lead by its own example. We can announce that we will cut emissions by 50 percent compared to 2005 by 2030; by 2050 we will have net carbon dioxide emissions at zero. And we will do more to help developing countries accelerate their energy transition ”.
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