Remarks at World Sustainable Development Summit 2021 – News

John
Kerry,
Special
Presidential
Envoy
for
Climate

World
Sustainable
Development
Summit
2021

I
really
appreciate
the
invitation
to
be
with
you
and
I
want
to
thank
you.
You’ve
been
a
terrific
partner
on
the
whole
issue
of
advancing
global
ambition.
Glasgow,
in
a
short
nine
months
from
now,
is
going
to
be
the
most
important
meeting
I
think
that
we’ve
ever
had
because
as
you
know
scientists
gave
us
12
years
to
make
the
critical
decisions
to
avoid
the
worst
consequences
of
the
climate crisis. That
was
three
years
ago,
so
now
we’re
down
to
nine
years,
and
I
regret
enormously
that
my
country,
the
United
States,
and
the
last
administration
were
completely
absent.
Not
only
absent,
but
working
to
move
in
the
wrong
direction.

You,
on
the
other
hand,
have
been
a
wonderful
partner
in
advancing
global
ambition,
from
the
negotiations
in
Paris
to
the
current
efforts
that
lead
up
to
Glasgow.
Your
leadership
at
TERI
in
charting
the
path
for
India
for
a
cleaner,
more
prosperous
future
is
absolutely
essential.
I’m
glad
that
we
could
hear
from Minister
Jaishankar,
notwithstanding
that
Parliament
has
called
him
and
he
has
to
be
there,
we
all
understand
that.
I
know
that
the
Prime
Minister
made
a
very
important
contribution
to
this
dialogue.
I’m
honored
to
follow
in
their
footsteps
and
I
want
to
thank
the
Minister
of
External
Affairs.
He’s
a
friend,
he
was
a
great
collaborator
with
us
during
the
Obama
Administration.
I
look
forward
to
coming
to
India
before
too
long,
COVID
notwithstanding,
and
be
able
to
plot
and
plan
with
the
leaders
of
India
how
we
are
going
to
make
Glasgow
a
success.

Needless
to
say,
India
is
deeply
committed
to
this
challenge
and
it
has
been
for
a
considerable
number
of
years.
You
are
indisputably
a
world
leader
in
the
deployment
of
renewable
energy
and
your
leadership
of
the
International
Solar
Alliance,
which Minister
Jaishankar referred
to,
is
absolutely
critical
for
not
just
India,
but
for
other
dynamic, growing
economies
in
the
world.

Prime
Minister
Modi’s
announcement
of
a
target
of
450
gigawatts
of
renewables
by
2030
is
a
strong,
terrific
example
of
how
to
power
a
growing
economy
with
clean
energy,
and
it’s
going
to
be
one
of
the
most
important
contributions
in
the
world
because
India
today
is
already
the
third
largest emitter
in
the
world
behind
my
country,
the
United
States,
and
of
course,
China,
which
is
the
largest
in
the
world
at
about
thirty
percent
of
all
emissions.

Yesterday,
I
read
in
the
International
Energy
Agency
special
report
on
India,
with
great
interest,
the
spectacular
news
that
India’s
down
payment
on
the
clean
energy
transition
puts
it
on
pace
to
become
the
global
market
leader
in
solar
and
storage
by
2040.
And
thanks
to
your
rapid
scale-up,
it’s
already
cheaper
to
build
solar
in
India
than
anywhere
else
in
the
world.
That
kind
of
urgency
is
exactly
what
we
need
in
order
to
confront
the
crisis
that
we
confront
today.

But
I
want
to
emphasize,
and
this
is
important
I
believe,
in
Paris
every
country
agreed
to
do
what
it
was
willing
to
do
and
in
many
cases
that
was
the
best
some
could
do.
But
it’s
not
enough
to
get
the
job
done,
and
the
sad
reality
is
that
even
if
we
do
everything
that
we
set
out
to
do
in
Paris,
we
are
still
going
to
see
a
warming
of
the
Earth’s
temperature
of
somewhere
around
3.7
degrees
or
worse.
Because
we’re
not
doing
(all
of
us
together)
everything
we
need
to
do,
and
we’re
actually
headed
somewhere
around
four
degrees—4.1
to
4.5—you
can
have
different
variations
on
that
from
different
scientists.
But
it
doesn’t
matter
what
the
difference
is
between
4.1
to
4.5
because
it’s
all
catastrophic.
It’s
just
plain
catastrophic.

So
this
notion
that
we
have
to
transition
faster
and
raise
ambition
as
we
go
to
Glasgow,
could
not
be
more
important
than
it
is
right
now.
That’s
why
I
was
willing
to
take
on
this
job.
It’s
why
President
Biden
decided
to
create
the
job
in
the
first
place
because
he
is
deeply,
deeply
seized
of
this
issue.

This
session—on
“Rebooting
Green
Growth”—fits
perfectly
with
the
challenge
that
we
face.
I
want
to
remind
everybody
that
on
Day
One,
within
an
hour
or
so
of
being
sworn
in
as
President
of
the
United
States,
President
Biden
rejoined,
signed
the
papers,
and
sent
the
instrument
to
Paris
to
rejoin
and
to
the
U.N.
to
rejoin
the
Paris
Agreement.
But
more
than
that,
within
days
he
issued
a
series
of
executive
orders
which
now
make
climate
policy
a
consideration
within
every
facet
of
our
foreign
policy,
of
all
of
our
domestic
policy,
and
all
of
our
members
of
the
Cabinet
have
been
ordered
to
consider
the
consequences
of
climate
on
every
decision
that
they
will
make
or
recommend
to
the
President
of
the
United
States.

We
do
not
have
a
single
moment
to
waste,
and
President
Biden
is
very,
very
clearly
committed
to
that,
but
he
also
understands
that
even
if
the
United
States
or
India
or
any
country
could
go
to
zero
emissions
tomorrow,
that’s
not
enough.
Roughly
ninety
percent
of
the
world’s
emissions
come
from
somewhere
other
than
our
country,
and
,
you
know,
about
seventy
percent
come
from
somewhere
other
than
China,
even.

So
we
all
are
in
this
together.
We
all
have
to
come
together
with
new
urgency,
and
domestic
action
of
any
one
country
alone
is
not
enough.
We
have
to
always
consider
this
as
part
of
the
whole,
part
of
the
global
contribution.
We
all
rely
on
each
other
to
get
this
job
done.
Failure
is
simply
not
an
option.
So
that’s
why
raising
ambition
as
we
go
to
Glasgow
is
so
important.
A
zero-emissions
future,
which
more
and
more
countries
are
now
adopting,
more
and
more
countries
have
said
‘we
are
committed to
net-zero
emissions by
2050,
mid-century’—that’s
a
critical
commitment
at
this
point
in
time.
But
as
we
think
about
going
to
Glasgow
and
as
we
think
about
rebuilding
better,
coming
out
of
the
COVID
crisis,
and
we
all
have
that
opportunity.
There
isn’t
one
economy
that
hasn’t
been
hurt
as
a
consequence
of
COVID.
So
as
we’re
thinking
about
how
we’re
going
to
stimulate
our
economies,
how
we’re
going
to
globally
move
to
resuscitate
the
global
economy,
we
need
to
make
certain
that
we’re
not
just
investing
in
the
same-old same-old,
that
we’re
not
making
the
mistakes
we’ve
already
made
even
more
costly
than
they
already
are.

Failure
is
not
an
option.
We
all
have
to
adopt
the
notion
of
a
zero-emissions
future
improving
many
things.
First
of
all,
millions
of
new
jobs
will
be
created
as
we
pursue
the
new
technologies.
In
India,
you’ve
committed
to
an
entire
hydrogen
mission.
I’m
a
big
believer
in
the
capacity
of
hydrogen
to
be
one
of
the
great
fuels
of
the
future.
It
is
possible,
from
conversations
I’ve
had
with
some
of
your
business
leaders
in
India,
that
India
may
be
one
of
the
leaders,
if
not
the
leader,
in
the
transition
to
a
whole
new
kind
of
economy:
to
a
hydrogen-based
economy.

India
today
leads
the
world
with
the
cheapest
solar
anywhere
on
Earth.
In
most
countries
of
the
world,
renewables
are
already
cheaper
than
fossil
fuel
power
plants.
Global
investment
in
new
clean
power
capacity
is
set
to
exceed
ten
trillion
dollars
through
mid-century—more
than
six
times
the
investment
in
other
options.
Other
clean
energy
sectors,
from
hydrogen
to
electric
vehicles,
also
represent
multi-trillion-dollar
markets
in
the
decades
to
come.
I
hope
everyone
here
involved
in
this
discussion
this
evening
will
focus
on
the
fact
that
the
solution
to
climate
crisis
is
energy
policy,
and
in
the
choices
of
energy
policy
that
we
all
face,
we
actually
are
looking
at
the
largest
market
the
world
has
ever
known.
It
is
today
already
a
four-and-a-half
to
five
billion-person
user
market.
It’s
a
multitrillion-dollar
market
today,
but
it’s
going
to
grow
to
nine
billion
users
over
the
course
of
the
next
30
years.
As
we
grow,
it
is
imperative
that
we
make
certain
we’re
growing
smart,
we
are
growing
into
this
net-zero
emission
economy.

Now,
there’s
actually
good
news
on
this
front,
and
I
think
we
have
reason
to
actually
be
optimistic,
notwithstanding
the
trendlines
that
we
see
today
in
terms
of
emissions.
That
can
be
turned
around,
and
the
point
is
that
2020,
last
year,
can
mark
this
transitional
moment.
The
turning
point
for
clean
energy
technologies,
for
investments
and
businesses
that
move
in
an
entirely
new
direction.
Investments
in
the
energy
transition
crossed
a
half
a
trillion-dollar
mark
last
year
for
the
first
time.

For
several
years
following
Paris,
until
unfortunately
our
President
pulled
out
of
the
agreement,
but
until
then,
we
saw
about
$358
billion
move
immediately
to
alternative
renewable
energy
investment—for
the
first
time
ever,
more
money
into
renewables
than
into
fossil
fuels.
It
is
clear
that
businesses
all
around
the
world
are
making
the
decision
that
this
is
the
future.
We
already
see
that
in
2020,
new
clean
technology
companies 
reached
valuations
of
more
than
$100
billion
in
public
stock
markets—triple
the
total
of
2019. 
In
2021,
we
absolutely
stand
on
the
precipice
of
a
rare
opportunity
to
create
new
technologies
and
new
markets.

I
know
India,
I
know
your
prime
minister
is
committed
to
this
and
seized
by
it,
and
I
think
your
businesses
are.
I
was
also
very
heartened
to
see
the
recent
government
budget
focus
heavily
on
clean
energy
and
propose
a
very
specific
hydrogen
energy
mission.
By
2030,
the
International
Energy
Agency
forecasts
that
if
India
drives
even
more
aggressively
towards
this
clean
energy
transition,
it
will
create
half
a
million
additional
jobs
than
business
as
usual
would
create.
Indian
industry
is
obviously
already
stepping
up
and
showing
leadership.
I
was
very
pleased
to
hear
that
dozens
of
India’s
biggest
companies
recently
signed
a
declaration
on
climate
change,
pledging
to
go
carbon
neutral.

But
just
so
everybody
understands,
we
have
no
leeway
to
believe
that
what
I
just
cited,
each
of
the
instances
I
just
cited,
I
have
to
also
say
to
everybody:
it’s
not
enough.
To
keep
us
motivated,
I
just
want
you
to
focus
on
this:
in
order
to
meet
the
standard
of
what
we
have
set
for
2030,
to
meet
the
Paris
standard
and
beyond,
we
have
to
now
phase
out
coal
five
times
faster
than
we
have
been.
We
have
to
increase
tree
cover
five
times
faster
than
we
have
been.
We
have
to
ramp
up
renewable
energy
six
times
faster
than
we
are.
In
order
to
transition
to
electric
vehicles,
we
have
to
move
at
the
rate
that
will
meet
what
we
need
to
do
to
meet
the
net-zero
standard,
we
have
to
transition
at
a
rate
22
times
faster
than
we
are
today.

Now
you
may
sit
there
and
say,
‘Well
how
are
we
going
to
do
that?’
I’m
telling
you
something,
folks,
it
is
absolutely
doable.
There
are
vast
sums
of
money
to
be
created,
to
be
made
by
companies,
by
individuals.
The
fact
is
that
the
people
who
make
a
car
today
with
an
internal
combustion
engine
can
make
the
car
of
the
future
with
batteries.
The
CEO
of
Ford
Motor
Company
just
the
other
day
said
publicly
that
an
electric
vehicle
is
a
better
car—works
on
less
pieces,
less
parts,
easier
to
construct,
easier
to
maintain,
and
the
fact
is,
you
know,
they
are
going
to
transition
over
the
next
10,
15
years
completely
to
electric
as
General
Motors
announced
it
would
do
in
the
next
15
years.
It
announced
it
just
a
few
weeks
ago.

Many
of
you
have
read,
I’m
sure,
the
CEO
of
Blackrock
Larry
Fink’s
letter
last
month.
It
is
clear
there
is
a
transition
taking
place
within
businesses
all
around
the
world.
ESG
is
now
central
in
the
decisions
that
are
being
made
in
boardrooms.
The
sustainable
development
goals
of
the
U.N.
are
central,
and
now
more
and
more
investors,
more
and
more
managers
of
assets,
more
and
more
commercial
banks,
are
making
the
decision
that
they
need
to
either
decide
where
they
put
their
own
money,
those
who
invest
their
own,
or
lend
their
own.
For
asset
managers,
they
are
having
serious
conversations
with
their
clients
about
the
kind
of
investments
they
think
they
ought
to
make.
In
fact,
huge
amounts
of
money
were
made
by
those
folks
who
moved
their
asset
investments
into
clean
alternative,
renewable,
and
sustainable
energy
investments.

India
is
actually
a
red-hot
investment
opportunity
for
its
clean
energy
transition,
and
I
intend
to
work
very,
very
closely
with
Ajay,
with
External
Minister Jaishankar, with
the
Prime
Minister,
and
others.
We
believe
India
can
be
one
of
the
most
critical
transitional
countries
in
this
entire
endeavor.
I
am
confident
that
just
as
we
have
worked
very
closely
on
any
number
of
issues
in
these
last
years,
our
two
nations—the
world’s
two
biggest
democracies—have
a
great
deal
to
gain
from
joining
hands
in
our
global
leadership
and
confronting
the
climate
crisis
to
meet
this
moment.

Thank
you
for
the
privilege
of
sharing
some
thoughts
with
you,
thank
you
for
your
leadership
in
hosting
this
important
meeting,
and
we
are
very
much
look
forward
to
working
with
you.

Source: Sam News

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