Thread by @SominiSengupta

Greta up now. “We don’t need to lower emissions. our emissions have to stop”

She rebukes world leaders for “empty words and promises”

Calls for banks, governments to immediately stop investing in fossil fuels and stop taxpayer subsidies.

And an ultimatum: do this or explain to your children why you’re giving up

"I wonder, what will you tell your children was the reason to fail and leave them facing the climate chaos you knowingly brought upon them?"

Speaking on a panel after Greta's remarks, Oliver Bate, chief executive of Allianz, says: “I cant get up every morning and be outraged. We have to do something.”

Private business is ahead of governments, he adds. But they must do more, esp sovereign wealth funds.

Ma Jun, a Chinese environmentalist, says supply chain emissions must be factored in when measuring a company's footprint. Changing the lightbulb isn't enough. "Pay attention to actual biz action rather than their press release."

Bate of Allianz: Banks need to stop investing in companies that aren't paying attention to supply chain emissions.

Companies should be required to disclose their carbon emissions.

WEF has announced an initiative to plant one trillion trees. How about not cutting down trees, asks Hindou Oumarou Ibrahim of Chad.

.@rajshah: "its very hard to see corporations using voluntary standards to solve this problem."

(Indeed, the scope of private investment in fossil fuels is far far bigger than investment in renewables.)

@rajshah Rapid poll among #WEF2020 participants: How concerned are you that 2020 will pass without sufficient progress?
89% say they are "alarmed"

@rajshah Our story here on Greta's ultimatum: nytimes.com/2020/01/21/cli…