Small island states already buffeted by violent ocean storms and sea-level rise called on oil companies to shell out some of the recent profits, while developing African states called for more funds
India is among the first five countries to join the MAC, at the 27th session of the Conference of the Parties (COP27) at Sharm el-Sheikh in Egypt
As countries come together at COP27 to take actions on the collective goals under the Paris Agreement and Convention in Egypt, here are the key concepts you must know about
Environment minister Bhupender Yadav says country 'making swift progress' in building such systems
India has demonstrated expertise in mangrove restoration for nearly five decades and can contribute to the global knowledge base due to its experience, Union Environment Minister Bhupender Yadav said Monday at the launch of the "Mangrove Alliance for Climate". The UAE and Indonesia have launched the MAC on the sidelines of the UN climate summit COP27, to strengthen conservation and restoration of mangrove ecosystems worldwide. India, Australia, Japan, Spain and Sri Lanka have joined the alliance. Yadav said creating a new carbon sink from mangrove afforestation and reducing emissions from mangrove deforestation are two feasible ways for countries to meet their NDC targets and achieve carbon neutrality. NDCs means national plans and pledges made by countries to limit global temperature rise to well below two degrees Celsius, preferably to 1.5 degrees Celsius. "The integration of mangroves into the national programmes for reducing emissions from deforestation and forest degradation i
Just back from the U.N. climate summit in Egypt, French President Emmanuel Macron is to meet Tuesday with the heads of the country's most climate-damaging industries to pressure them to reduce greenhouse gas emissions, amid growing competition from the U.S. and China. The meeting at the Elysee presidential palace in Paris aims at accelerating the reduction of carbon emissions which requires new technologies and investments worth billions of euros (dollars). Macron is expected to provide details about potential state aid to help polluting industries to act. The move comes one day after Macron called on the world's nations to continue to take action to respond to the climate emergency at the COP27 in Sharm el-Sheikh, Egypt. Industry represents about 20% of France's national greenhouse gas emissions. Some 50 industrial sites in France, which account for over half of these emissions, are owned by about 30 French and international groups, whose leadership has been convened to the ...
The world should adopt a treaty that stops the spread of fossil fuel energy, much like it has tried to with nuclear weapons, a prominent small island leader proposed as vulnerable nations Tuesday continued to push for more action and money at international climate talks. Tuvalu Prime Minister Kausea Natano told The Associated Press Tuesday morning that he would propose a non-proliferation treaty for coal, oil and natural gas later in a speech at the United Nations climate summit in Egypt. Natano and Tuvalu, along with other vulnerable nations, have moral authority in negotiations, especially in light of mega climate disasters. A year ago at climate talks in Glasgow, a proposal to call for a phase out coal the dirtiest of the fossil fuels was changed at the last minute to phase down by a demand from India, earning the wrath of small island nations and some vulnerable countries. Small island nation leaders also called for some kind of global tax on the profits of fossil fuel ...
World leaders are making the case for tougher action to tackle global warming Tuesday, as this year's international climate talks in Egypt heard growing calls for fossil fuel companies to help pay for the damage they have helped cause to the planet. United Nations chief Antonio Guterres warned Monday that humanity was on a highway to climate hell with our foot on the accelerator," urging countries to "cooperate or perish. He and leaders such as Barbados Prime Minister Mia Mottley said it was time to make fossil fuel companies contribute to funds which would provide vulnerable countries with financial aid for the climate-related losses they are suffering. The idea of a windfall tax on carbon profits has gained traction in recent months amid sky-high earnings for oil and gas majors even as consumers struggle to pay the cost of heating their homes and filling their cars. The U.S. mid-term elections were hanging over the talks Tuesday, with many environmental campaigners worried that .
"The thing that's obviously really important to say is that the 1.5C limit is a political limit," says David Keith, a Harvard University physicist and an adviser to the Climate Overshoot Commission
Lord Zac Goldsmith, Minister of State for the UK, announced that in discussions with the governments of Fiji, Samoa and Tonga, they had all declared their support for the 30x30 land and ocean target
The conference will also look seriously into the "adaptation" aspect of climate policy, focusing on how best to adapt to the consequences of climate change, like increased floods, fires and storms
British Prime Minister Rishi Sunak on Monday declared that it was time to act faster on climate change because it is the right thing to do as he committed 11.6 billion pounds as the country's commitment to the climate fund during his address at the COP27 summit in Egypt. In his first major address on the world stage since taking charge at 10 Downing Street, the Indian-origin leader pointed to green energy investment as a "fantastic source of new jobs and growth" as he pledged to build on the room for hope created during the UK's presidency of COP26 in Scotland last November. He also used his speech to pay tribute to COP26 President, Indian-origin former minister Alok Sharma, "for his inspiring work" to deliver on the Glasgow climate pact of last year. [Russian President] Putin's abhorrent war in Ukraine and rising energy prices across the world are not a reason to go slow on climate change they are a reason to go faster," said Sunak, in his relatively short address at the summit ..
These super rich people have a collective $2.4 trillion stake in 183 companies
This year's annual UN climate conference, known as COP27, comes as leaders and experts have raised increasing alarm that time is running out to avert catastrophic rises in temperature
South Africa and its investment partners launched an $8.5 billion plan to shift from coal toward green energy at the COP27 climate summit, in a potentially landmark deal
This is in line with the commitment of the national transporter to be net carbon-zero by the end of this decade
With climate finance still scarce, climate adaptation in the form of early warning dissemination is key to safeguarding lives and livelihoods from cascading natural hazards causing substantial losses around the world, Union Environment Minister Bhupender Yadav said at the UN Climate Conference (COP27) in Egypt on Monday. Speaking at the UN Secretary General High Level Round Table to launch the "Early Warnings for All Executive Action Plan", Yadav stressed that the global pace of climate mitigation is not enough to contain the rate of climate change. There is an urgent need to acknowledge the cascading natural hazards that cause substantial losses around the world, he said, adding that India fully supports the UN secretary general's agenda to achieve "Early Warnings for All". With the intensification of tropical cyclones in the Pacific and the Caribbean, small tropical States have lost 200 per cent of their national income in a few hours. Such instances could have devastating ...
Among other top agendas is the discussion on compensating the poor or developing nations for the 'loss and damage' due to climate change
The letter says that "building a food system that can feed the world on a hot planet" must be a priority for COP27.
Freer flow of goods, services, technologies, finance and people is essential to deal with the challenges of climate change