U.N. News: COVID disruption will ‘pale in comparison’ if world fails to act on climate change, SDGs
“The fifth anniversary of the Paris Agreement and the adoption of the Sustainable Development Goals (SDGs) ‘go hand in hand,’ the U.N. chief told a major development bank conference on Thursday. ‘The decisions we make now will determine the course of the next 30 years and beyond: Emissions must fall by half by 2030 and reach net-zero emissions no later than 2050 to reach the 1.5C goal,’ Secretary-General António Guterres said in his message to the virtual Finance in Common Summit. ‘If we fail to meet these goals, the disruption to economies, societies, and people caused by COVID-19 will pale in comparison to what the climate crisis holds in store’…” (11/12).

Devex Pro also examines development banks’ efforts on SDGs and climate change at the Finance in Common Summit.