The world is witnessing a significant shift towards renewable energy, with fossil fuels facing dwindling prospects, according to UN Secretary-General António Guterres. The International Renewable Energy Agency (IRENA) reports that over 90% of renewable power projects globally are now cheaper than their fossil fuel counterparts.
Solar and onshore wind power have become increasingly competitive, with solar power being 41% cheaper than the lowest-cost fossil fuel alternative. This trend is driven by lower costs, significant investments in low-carbon manufacturing, and burgeoning investment in the sector.
Guterres emphasized that countries must prioritize renewables to address energy security concerns amid rising temperatures, geopolitical threats, and a global cost-of-living crisis. He stated that the era of “global boiling” has arrived, and fossil fuels pose the greatest threat to energy security.
The UN chief urged big technology companies to commit to 100% low-carbon electricity generation by 2030. Countries must also develop new national climate plans under the Paris agreement, which can help funnel support into low-carbon energy and reduce subsidies for fossil fuels.
Despite progress in renewables, challenges persist, including concerns over critical minerals and infrastructure investments. However, experts argue that investing in renewable energy offers significant economic benefits, job creation, and energy independence.
In conclusion, the UN Secretary-General’s remarks mark a shift towards a more optimistic tone on the climate crisis, highlighting the economic advantages of transitioning to clean energy. As countries continue to develop their national plans, it is essential for governments and investors to take bold action towards a low-carbon future.
Source: https://www.theguardian.com/environment/2025/jul/22/antonio-guterres-climate-breakthrough-clean-energy-fossil-fuels