Note: Single-source report; awaiting corroboration.
UN Secretary-General António Guterres highlighted the severe energy crisis caused by the conflict in the Middle East, stating it has triggered the most significant energy crisis in a generation and underscored the economic risks of fossil fuel dependence.
He emphasized that renewable energy investment reached $2.2 trillion last year, double the amount invested in fossil fuels, describing renewables as the cheapest, fastest, and most reliable new power source.
Guterres outlined three critical actions: addressing the energy crisis without worsening the climate crisis; building infrastructure such as expanded grids, storage, and modern power systems to deliver clean energy widely; and mobilizing finance, especially for developing countries where costs are two to three times higher than in richer economies.
He stated that developed countries are retreating from climate and development finance commitments, calling for climate justice by urging the international community to honor promises, replenish multilateral funds, and mobilize $1.3 billion annually by 2035 to support developing nations.
The Secretary-General also stressed the need to significantly increase adaptation finance, noting that investing in adaptation saves lives, livelihoods, and economies, particularly for frontline communities that have contributed least to the climate crisis but suffer most from its effects.
Concluding his message, Guterres urged leaders to "unleash the renewables revolution" to ensure climate stability, energy security, and a livable future.