00:01Excellencies, I want to share three lessons from the past decade to guide the decade ahead.
00:09Lesson one, exponential change is possible.
00:15Ten years ago, solar generated 1% of the world's electricity.
00:21Last year, solar power alone met nearly three quarters of the growth in global electricity demands.
00:30A decade ago, one in every hundred cars sold was electric.
00:35This year, it is set to be nearly one in three.
00:40Clean energy is now the cheapest source of new electricity across most of the world.
00:46And it is advancing, even where political headwinds are strongest.
00:53And that takes us to lesson number two.
00:55Two, the case for fossil fuels is collapsing.
01:00Three quarters of humanity live in countries that import fossil fuels.
01:05Hostage to price shocks they did not create and they cannot control.
01:12And recent conflicts made clear that this is a recipe for chronic insecurity and the cost of living meltdown.
01:21It's time to accelerate a science-aligned, just, orderly and equitable transition to renewables.
01:30But let's not underestimate the scale of the challenge.
01:34Fossil fuels must go the way of the dinosaurs.
01:38But that won't happen on its own.
01:42The dinosaurs did not have a lobby, but fossil fuels do.
01:47And their strategy is simple.
01:50Distort the science, delay the policy, delay the action, delay the accountability.
01:58It's time to keep the habit and end the fossil fuel addiction.
02:03Thank you very much.
02:03German Pressman
02:04Thank you very much.
02:05Thank you very much.