'Delusional': UN chief slams new fossil fuel funding and warns of climate chaos

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'Delusional': UN chief slams new fossil fuel funding and warns of climate chaos
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In remarks delivered via video to the Austrian World Summit in Vienna, Antonio Guterres issued a sobering assessment of the planet's prospects.

to ramp up the EU's renewable energy capacity and reduce its reliance on Russian fossil fuels. It simultaneously acknowledged that existing coal facilities may have to be used for "longer than initially expected."

"New funding for fossil fuel exploration and production infrastructure is delusional," he said. "It will only further feed the scourge of war, pollution and climate catastrophe."The former prime minister of Portugal also called on "all financial actors to abandon fossil fuel finance" and invest in renewables instead.

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