There’s been a big shift in climate talks since the last meeting in 2015. That’s the assessment by Bill Gates, who spent three days at last week’s climate summit in Glasgow, Scotland.
In an article published in Gates Notes, the tycoon said that a big change is that clean energy innovation is higher on the agenda than ever. The world needs to reach zero carbon emissions by 2050.
+ COP26 agreement to be announced this Saturday
“As I argue in the book I published this year, this will require a green Industrial Revolution in which we decarbonize virtually the entire physical economy: how we do things, we generate electricity, we move around, grow food, and cool and heat buildings. The world already has some of the tools we’ll need to do this, but we also need a slew of new inventions,” Gates wrote.
For him, in an event like this, one way to measure progress is by the way people are thinking about what it will take to reach zero emissions. Do they think we already have all the tools we need to get there? Or is there a different view of the complexity of this problem and the need for a new affordable clean technology that helps people in low- and middle-income countries raise their standard of living without worsening climate change?
“Six years ago, there were more people on the ‘we have what we need’ side than on the innovation side. This year, however, innovation has literally taken center stage,” he said, recalling that a session at the World Leaders Summit was exclusively about developing and deploying clean technologies faster.
“I also helped launch the Net Zero World Initiative , a commitment by the US government to help other countries go to zero by providing funding and – even more important – access to experts across the government, including top minds at national laboratories world class of America. These countries will be supported to plan the transition to a green economy, test new technologies, work with investors and much more.”
The second big change, in Gates’ assessment, is that the private sector is now playing a central role alongside governments and nonprofits.
“In Glasgow, I met leaders in a number of sectors that need to be part of the transition – including shipping, mining and financial services – who had practical plans to decarbonise and support innovation. I’ve seen CEOs of international banks really getting involved with these issues, whereas many of them wouldn’t even have come up a few years ago.”
The third change highlighted by him is about visibility for climate adaptation. “The worst tragedy of rising temperatures is that they will do the most damage to the people who did the least to cause them. And if we don’t help people in low- and middle-income countries to prosper, despite the warming that is already taking place, the world will lose the fight against extreme poverty,” he says.
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