Italy’s position on the energy transition
During her recent speech at COP29, Prime Minister Giorgia Meloni stressed the importance of a pragmatic vision in Italy’s energy transition. According to Meloni, there are currently no alternatives to fossil fuels and, to address climate challenges, a balanced approach is needed that integrates all forms of energy, including renewables, biofuels and nuclear fusion.
Meloni said that Italy is at the forefront of nuclear fusion research and has organized significant meetings during the G7 to promote this sector.
The prime minister highlighted how an ideological approach can hinder progress towards sustainable goals. She said it is essential to use all available technologies to ensure an effective and sustainable energy transition.
Investments for sustainability
Meloni recalled that Italy is already investing in climate projects in Africa, allocating over four billion euros from its Climate Fund. These funds are earmarked for initiatives such as the Green Climate Fund and the Loss and Damage Fund, with the aim of involving Multilateral Development Banks in the process.
The Prime Minister stressed the importance of a decarbonisation that takes into account the sustainability of production and social systems, reiterating that the protection of nature must be centred on man.
Meloni also called for international cooperation, saying that the ambitious goals set in Dubai require a collective commitment from all countries, especially the largest CO2 emitters.
A Call for Collective Responsibility
The Pope’s message to COP29, delivered by Cardinal Pietro Parolin, called attention to the need to act as members of a single global community. According to Pope Francis, environmental preservation is closely linked to world peace and requires concrete commitment from everyone.
The Pope called for the development of a new international financial architecture that is fair and equitable. Such a structure should guarantee the most vulnerable countries access to sustainable development solutions without further compromising their economic capacities.
“We have the human and technological resources to pursue an integral development that is truly human and inclusive,” concluded Pope Francis.
Future prospects
With climate challenges on the rise, Italy’s and the global community’s commitment will be critical to achieving the goals set. Collaboration between developed and emerging nations will be crucial in determining whether current efforts will yield long-term success or failure. The fight against climate change is not just an environmental issue; it is a test of our ability to cooperate for a better future.