Colombian President Gustavo Petro reiterated this Wednesday his critical message about the current relationship between capitalism and the fight against climate change in the search to achieve zero greenhouse gas emissions by the extractive industries.
(Petro speaks at the World Economic Forum in Davos).
“Can the capitalism we have known in recent years overcome the climate crisis it helped bring about? If the answer is no, we are wasting time as we approach the point of no return.”assured Petro in his speech at the panel ‘Leading the change in the new normality of the earth’ held within the framework of the World Economic Forum.
Gustavo Petro, President of Colombia, in Davos.
In this sense, the president assured that in the event of a different capitalism, which he called decarbonized, “it would have to make changes” and for this it should “explicitly say that the only way to stop the climate crisis is to achieve zero emissions.”
Following that line, The Colombian Head of State specified that the decisions of the climate summits, the COP, must have binding effects, what are you “be orders” and that these are fulfilled above other agreements such as those of the World Trade Organization, to mention a few.
Towards the end of his speech, Petro reiterated his proposal to make a debt swap for climate action. “These issues that a decarbonized capitalism would address are not in the discussion today. As long as they are gone, there is no human capacity to move towards a decarbonized economy”, assured.
In the final round of the event, which shared assistance with figures such as former Vice President Al Gore, the Colombian president closed his speech with the phrase that “zero use of coal, oil and gas”.
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