UN General Assembly
2021

The fight against climate change requires multilateral engagement and pragmatic cooperation among all major global players — both rich and emerging economies. We must act in an effective, coordinated and simultaneous manner, whilst always respecting national specificities. We intend to reach a global agreement to stop the use of coal as soon as possible, and, consistently with this objective, block the financing of new projects of this kind. We want to eliminate subsidies for fossil fuels and promote the use of renewable sources. The environmental transition has significant costs and it is essential that governments stand ready to help citizens and businesses. But it can also be an engine of economic growth. According to a recent report by the International Renewable Energy Agency, the renewables sector could employ more than 40 million people by 2050. In Italy and in the European Union at large we have embarked on a path of reforms and investment — “Next Generation EU” — to make the most of these opportunities.