• Day one Promises race at the Climate Summit

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Climate change is "an existential threat of our times" and to face it "we need to take urgent and decisive action" "by putting people at the center" and "with social dialogue".

This has been assured by the President of the Government, Pedro Sánchez, during his speech on the second and last day of the virtual climate summit organized by Joe Biden, in which he has emerged as one of the world leaders in ecological transition.

"Spain has been leading by example. We have learned a lot in the process and we are willing to share our experience

, because we know that tackling climate change is a global effort," he assured.

Sánchez, one of the 40 Heads of State and Government invited to participate in this virtual event that aims to pave the way for the UN Climate Summit to be held in Glasgow in November, has intervened in the last panel, moderated by Joe Biden, and alongside the presidents of Nigeria, Poland and Vietnam.

The bloc was dedicated to exploring the "economic opportunities of climate action", in particular job creation, an aspect that both Biden and his special envoy for the climate, John Kerry, have repeatedly influenced during the two days.

Sánchez has also assured that the

ecological transition "offers extraordinary opportunities"

and has given as an example the "Spanish experience, which shows that this ecological transition is possible."

According to the president, between private and public investments will create between 250,000 and 350,000 jobs, "many of them in the manufacturing and construction sectors."

He assured that Spain is working "to attract some of the most innovative and future-oriented projects", among which he has mentioned cutting-edge renewable energies, renewable hydrogen or energy storage since "investing in this type of technology can create almost the triple as many jobs as the jobs created by fossil fuels. "

Decarbonization

"The world asks us to act with a call to put an end to the expansion of fossil fuels," added Sánchez, who has detailed his decarbonization plan:

"In the last three years, we have closed our mines and most of our power plants. coal-fired power plants

as part of our energy transition strategy. By 2022, we will have eliminated 85% of the installed coal-fired power generation capacity that existed in 2018. This extraordinary achievement has to be achieved through social dialogue. "

From his point of view, "governments have to support the regions and communities that are most affected and turn these challenges into opportunities," said the president, who affirmed that he will invest 39% of the 140,000 million euros of funds Europeans for ecological transition.

According to the president, we are facing a "historic opportunity to accelerate the transition to a future with zero net emissions."

He also congratulated Joe Biden for re-incorporating the United States into the Paris Agreement signed in 2015, and from which Donald Trump left in 2017.

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