DAVOS: Federal Minister for Climate Change, Senator Sherry Rehman on Wednesday said, “The historic emitters responsible for the majority of global GHG emissions need to move resources to allow developing and emerging economies to make the energy transition to renewable without compromising development.”
The Federal Minister was at the World Economic Forum Annual Meeting being held in Davos. She was speaking at a panel discussion titled ‘Bending the Emissions Curve’ where she was joined by the Chairman of the Board, Mitsubishi Heavy Industries, Shunichi Miyanaga, Chief Executive Officer, Heineken, Dolf van den Brink, and Chairman, President and Chief Executive Officer, Baker Hughes Lorenzo Simonelli. The panel was moderated by CNBC’s journalist and anchor, Steve Sedgwick.
Minister Rehman said that the commitment towards net-zero by 2050 loses its meaning if the 1.5C target…