Or when countries are still building coal plants. Dear friends, While it is far from enough, we can take stock of progress. Here too, we need meaningful, concrete action and results in the s. The global coal pipeline has decreased by 76 per cent since This will be an enormous task. I urge more financial institutions and investors to follow suit.
Indonesia and Viet Nam have pledged to phase-out coal by They will support. Friends, colleagues, The announcements here in Glasgow are encouraging — but they are far from enough.
The emissions gap remains a devastating threat. The finance and adaptation gap represent a glaring injustice for the developing world. We need even more ambition in future revised Nationally Determined Contributions.
We need pledges to be implemented. We need commitments to turn concrete. We need actions to be verified. We need to bridge the deep and real credibility gap.
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