The 60th Session of the Intergovernmental Panel on Climate Change (IPCC) has commenced, with key figures emphasizing the crucial role of the IPCC in driving urgent climate action. UNEP Executive Director Inger Andersen and UNFCCC Executive Secretary Simon Stiell highlighted the significant impact of IPCC's science in galvanizing global focus on climate action. IPCC Chair Jim Skea emphasized the pressing global threat of climate change and the need for immediate action, with Türkiye’s Deputy Minister of Environment, Urbanization, & Climate Change, Fatma Varank, also acknowledging the importance of IPCC reports. Additionally, the new head of the UN's climate agency urged for more action to reduce greenhouse gas emissions. IMF's managing director, Kristalina Georgieva, emphasized the need to shift $7 trillion in annual global fossil fuel subsidies to climate action and recognized crypto as an asset class, dismissing concerns about Bitcoin overtaking the U.S. dollar as a dominant currency.
"Our view is that we have to differentiate between money and assets. When we talk about crypto, we are actually talking about an asset class," says IMF managing director Kristalina Georgieva. https://t.co/Q3duJ9IOee
🔴 IMF'S MANAGING DIRECTOR GEORGIEVA: $7 TRILLION IN ANNUAL GLOBAL FOSSIL FUEL SUBSIDIES NEED TO BE SHIFTED TO CLIMATE ACTION.
The world needs to take far more action to slash greenhouse gas emissions, with soaring temperatures a huge concern, the new head of the #UN’s #climate agency warns. https://t.co/3UvQfSjiap
“#IPCC reports are of great importance in our world's struggle against climate change," said Fatma Varank, Türkiye’s Deputy Minister of Environment, Urbanization, & #ClimateChange at the opening of IPCC’s 60th Plenary Session in Istanbul today. Remarks 👉https://t.co/Vq4pEeztoR https://t.co/BOW2k0qEfE
In today’s opening, @UNEP Executive Director @andersen_inger stressed the importance of the work in #IPCC’s seventh assessment cycle, and how it will play a central role in providing the science to stake out clear signposts that will lead us all to a better world. https://t.co/WL4KjYae8R
The 60th @IPCC_CH session begins today. The IPCC is now the global authority on climate science. This science has galvanised urgent #ClimateAction, especially by highlighting those most-responsible for the climate emergency. My reflections on what next ⤵️https://t.co/rVyx7TC7Pl https://t.co/mD4kbmxBwZ
“#ClimateChange is the most pressing, genuinely global threat”, stressed #IPCC Chair @JimSkeaIPCC at the today's opening of the 60th Session of IPCC in Istanbul. “There is not a moment to spare. Options to address climate change available to us today will not be there tomorrow.” https://t.co/hJYhZ5UNK1
Addressing the opening of #IPCC’s 60th Session, @SimonStiell, @UNFCCC Executive Secretary stressed that "again and again, #IPCC has delivered the best possible science & made it impossible for the world to look away or find more excuses for inaction". 👉 https://t.co/KmcTF9MmPk https://t.co/AIhoMj7qlL
#IMF's chief sees #crypto as an asset class, dismissing concerns of #bitcoin becoming a more dominant currency than the U.S. dollar. https://t.co/vAcwaGqck4
“IPCC’s 7th cycle may be the most important yet,” said UNEP Exec Director @andersen_inger in her video address to IPCC’s 60th Session & that “the science that IPCC has produced has helped to spark a global focus on & pressure for urgent #ClimateAction.” https://t.co/8hGLL3ZGPm https://t.co/YrJu23hLVh