
REMARKS AT THE COP29 HIGH-LEVEL EVENT ON DELIVERING EARLY WARNINGS FOR ALL AND ADDRESSING EXTREME HEAT
Excellencies, friends,
Welcome.
It is a pleasure to join you today – in the home stretch of a brutal year.
2024 has shown climate calamity is now commonplace.
This is on track to be the hottest year in the history books.
It has scorched countries and communities with temperatures that push the limits of human endurance.
And around the world, we’ve seen record rains and hurricanes, historic fires, and deadly droughts.




New York City announced first-in-the-nation goal to divest from fossil fuels. Mayor Bill de Blasio, Comptroller Scott M. Stringer and other trustees of the City’s $189 Billion pension funds announced a goal to divest City funds from fossil fuel reserve owners within five years, which would make New York City the first major US pension plan to do so. In a first-in-the-nation step towards the goal of divestment, the Mayor and Comptroller will submit a joint resolution to pension fund trustees to begin analyzing ways to divest from fossil fuel owners in a responsible way that is fully consistent with fiduciary obligations. In total, the City’s five pension funds hold roughly $5 billion in the securities of over 190 fossil fuel companies. The City’s move is among the most significant divestment efforts in the world to date.
