Guterres calls for phasing out fossil fuels to avoid climate 'catastrophe'.

'We are hurtling towards disaster, eyes wide open', he said. 'It's time to wake up and step up.'

Mr. Guterres was speaking to journalists at UN Headquarters following a meeting with civil society climate leaders from across the world.

'Catastrophe' looms

He said limiting global temperature rise to 1.5 degrees Celsius is still possible but will require a 45 per cent reduction in carbon emissions by 2030.

However, current policies will lead to a 2.8AdegC temperature rise by the end of the century, which 'spells catastrophe'.

He called for immediate global action toward net-zero emissions, which 'must start with the polluted heart of the climate crisis: the fossil fuel industry.'

Leave coal in the ground

Countries must progressively phase out fossil fuels, 'moving to leave oil, coal and gas in the ground where they belong', and massively boost investment in renewable energy, he said.

The UN chief has previously proposed establishing a Climate Solidarity Pact under which rich nations would support emerging economies with cutting emissions.

Another proposal for an Acceleration Agenda calls on governments to phase out coal by 2040, end public and private international coal funding, and shift subsidies from fossil fuels to renewables, among other measures.

'A special responsibility'

'But the fossil fuel industry and its enablers have a special responsibility,' he said, noting the record '$4 trillion windfall' in income last year.

'Yet for every dollar it spends on oil and gas drilling and exploration, only four cents went to clean energy and carbon capture combined. Trading the future for 30 pieces of silver is immoral,' he said.

Lead the transition

Mr. Guterres stressed that the fossil fuel industry should apply its massive resources 'to drive, not obstruct' the global transition to renewable energy.

The industry currently 'is not even reaching the very low operational emissions reductions targets it has set for itself,' he said.

He called for fossil fuel companies to present credible, comprehensive and detailed new transition...

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