The worsening weather events seen throughout 2021, including unprecedented flooding in India, Europe and China, disastrous heatwaves and forest fires across western North America, demonstrate the catastrophic potential costs of unabated climate change, but the previous year has also seen encouraging signs for global cooperation on climate action, including the U.S.-China Joint Glasgow Declaration on Enhancing Climate Action in the 2020s announced at the COP26 summit, as well as the pledge by over 450 financial institutions across 45 countries to commit $130 trillion of private capital to transition the global economy to net zero emissions by 2050. Having developed a strong global network in the energy and sustainable development fields, the GSEO will act as a bridge linking international resources to launch innovative energy and technology projects.
Established in the context of near-unanimous support for climate action demonstrated by the ratification of the Paris Agreement by 189 Parties representing over 97% of all greenhouse gas emissions, the GSEO is an operational tool for action. Its design includes linkages to multilateral organizations focused on promoting clean energy and sustainable development as well as international development agencies with relevant sectoral and technical competencies.
UN Secretary-General António Guterres has emphasized: “The world is still far away from achieving the goals of clean energy in the UN Sustainable Development Goals.” The GSEO will strive to achieve this goal.