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Antonio Guterres, the United Nations Secretary-General has rightly called for a global coalition to speed up the deployment of battery technology, and counseled countries to ease intellectual property restrictions to accelerate the transition from fossil fuels to renewable energy sources.
Guterres’ call comes in light of a report released by the World Meteorological Organization (WMO), which found that four key climate change indicators—greenhouse gas concentrations, sea-level rise, ocean heat, and acidification—set new records in 2021.
These are some extremely alarming findings. Moreover, we concur with the UN secretary-general that the report illustrates “a dismal litany of humanity’s failure to tackle climate disruption.”
According to the WMO, the last seven years were the warmest on record. Given the current trend, it is only a matter of time before even that record gets shattered.
This has prompted the UN secretary-general to outline a five-point plan for the world to get back on track for a renewable energy revolution.
Among them is a proposal for investment in the renewable energy sector to be tripled to USD 4 trillion per year, and for renewable energy to be treated as a “global public good,” rather than intellectual property to be monetized.
In spite of considerable amounts of resources being poured into the shift to renewable energy, solar and wind still account for just eight percent of global electricity generation, while other types of renewables, such as hydropower, bring the total up to 30 percent.
In order to increase their share, Guterres called on countries, manufacturers, technology firms, and financiers to join forces to fast track the deployment of batteries, removing red tapes and intellectual property constraints.
Because the issue of climate change concerns everyone, there is no reason why advanced countries and companies should not look to involve all stakeholders. In fact, they should be looking forward to sharing these technologies with others so that newer breakthroughs can be made, and the world can adopt them on a larger scale before temperatures rise beyond our control.
Since most governments—mainly in developed countries that are most accountable for global carbon emissions—have not lived up to their own promises as per numerous international agreements, the constant effects of climate change continue to show why this issue is among the most significant when it comes to the long-term survival of human civilization.
For that reason, governments around the world should not only take the latest warning from the UN chief seriously, but the private sector also should pay attention to it, whose involvement in this project might be just as vital. Governments, the private sector, and financiers must band together to address climate change.
