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Al Gore Warns Greenwashing May Stop the Climate Fight In Its Tracks

“There remains a yawning gap between long-term climate goals and near-term action plans,” the former U.S. vice president says.

Al Gore, co-founder and chairman of Generational Investment Management, speaks virtually during the Bloomberg Green Summit on April 26.

Al Gore, co-founder and chairman of Generational Investment Management, speaks virtually during the Bloomberg Green Summit on April 26.

Photographer: Daniel Acker/Bloomberg

Sign up to receive the Bloomberg Green newsletter in your inbox every weekday.Al Gore warned that the “the mounting threat of greenwash” poses a significant and increasing risk to a successful transition away from fossil fuels.

“There remains a yawning gap between long-term climate goals and near-term action plans” at both the corporate and government levels, the former U.S. vice president said, adding that the chasm encompasses more than just environmental issues. “Large emitters must increase their climate ambitions with renewed credibility and urgency. Likewise, developing countries urgently need substantial support on vaccine access, climate finance and debt relief.”