Showing posts with label Summit. Show all posts
Showing posts with label Summit. Show all posts

Monday, 12 August 2019

UN Climate Action Summit 2019 - Pragnya IAS Academy - News Analysis.

UN Climate Action Summit 2019.

Global emissions are reaching record levels and show no sign of peaking. The last four years were the four hottest on record, and winter temperatures in the Arctic have risen by 3°C since 1990. Sea levels are rising, coral reefs are dying, and we are starting to see the life-threatening impact of climate change on health, through air pollution, heatwaves and risks to food security.
The impacts of climate change are being felt everywhere and are having very real consequences on people’s lives. Climate change is disrupting national economies, costing us dearly today and even more tomorrow. But there is a growing recognition that affordable, scalable solutions are available now that will enable us all to leapfrog to cleaner, more resilient economies.
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The latest analysis shows that if we act now, we can reduce carbon emissions within 12 years and hold the increase in the global average temperature to well below 2°C and even, as asked by the latest science, to 1.5°C above pre-industrial levels.
Thankfully, we have the Paris Agreement – a visionary, viable, forward-looking policy framework that sets out exactly what needs to be done to stop climate disruption and reverse its impact. But the agreement itself is meaningless without ambitious action.
UN Secretary-General António Guterres is calling on all leaders to come to New York on 23 September with concrete, realistic plans to enhance their nationally determined contributions by 2020, in line with reducing greenhouse gas emissions by 45 per cent over the next decade, and to net zero emissions by 2050.
To be effective and credible, these plans cannot address mitigation alone: they must show the way toward a full transformation of economies in line with sustainable development goals. They should not create winners and losers or add to economic inequality; they must be fair and create new opportunities and protections for those negatively impacted, in the context of a just transition. And they should also include women as key decision-makers: only gender-diverse decision-making has the capacity to tackle the different needs that will emerge in this coming period of critical transformation.
The Summit will bring together governments, the private sector, civil society, local authorities and other international organizations to develop ambitious solutions in six areas: a global transition to renewable energy; sustainable and resilient infrastructures and cities; sustainable agriculture and management of forests and oceans; resilience and adaptation to climate impacts; and alignment of public and private finance with a net zero economy.
Business is on our side. Accelerated climate solutions can strengthen our economies and create jobs, while bringing cleaner air, preserving natural habitats and biodiversity, and protecting our environment.
New technologies and engineering solutions are already delivering energy at a lower cost than the fossil-fuel driven economy. Solar and onshore wind are now the cheapest sources of new bulk power in virtually all major economies. But we must set radical change in motion.
This means ending subsidies for fossil fuels and high-emitting agriculture and shifting towards renewable energy, electric vehicles and climate-smart practices. It means carbon pricing that reflects the true cost of emissions, from climate risk to the health hazards of air pollution. And it means accelerating the closure of coal plants and halting the construction of new ones and replacing jobs with healthier alternatives so that the transformation is just, inclusive and profitable.
Action porfolios
In order to ensure that the transformative actions in the real economy are as impactful as possible, the Secretary-General has prioritized the following action portfolios, which are recognized as having high potential to curb greenhouse gas emissions and increased global action on adaptation and resilience.
Finance: mobilizing public and private sources of finance to drive decarbonization of all priority sectors and advance resilience;
• Energy Transition: accelerating the shift away from fossil fuels and towards renewable energy, as well as making significant gains in energy efficiency;
• Industry Transition: transforming industries such as Oil and Gas, Steel, Cement, Chemicals and Information Technology;
• Nature-Based Solutions: Reducing emissions, increasing sink capacity and enhancing resilience within and across forestry, agriculture, oceans and food systems, including through biodiversity conservation, leveraging supply chains and technology;
• Cities and Local Action: Advancing mitigation and resilience at urban and local levels, with a focus on new commitments on low-emission buildings, mass transport and urban infrastructure; and resilience for the urban poor;
• Resilience and Adaptation: advancing global efforts to address and manage the impacts and risks of climate change, particularly in those communities and nations most vulnerable.
In addition, there are three additional key areas:
• Mitigation Strategy: to generate momentum for ambitious Nationally Determined Contributions (NDCs) and long-term strategies to achieve the goals of the Paris Agreement.
• Youth Engagement and Public Mobilization: To mobilize people worldwide to take action on climate change and ensure that young people are integrated and represented across all aspects of the Summit, including the six transformational areas.
• Social and Political Drivers: to advance commitments in areas that affect people’s well-being, such as reducing air pollution, generating decent jobs, and strengthening climate adaptation strategies and protect workers and vulnerable groups.


The above Article can also be read using the link below:

UN Climate Action Summit 2019.

Thursday, 29 November 2018

G20 Summit 2018 begins in Argentina - What to watch for at G20 summit in Argentina - Pragnya IAS Academy - News Analysis.

G20 Summit 2018 begins in Argentina - What to watch for at G20 summit in Argentina.

While leaders will try to build consensus on key issues at G20 summit, the talks will be overshadowed by trade tensions between the United States and China.

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Global leaders will gather in the Argentine capital Buenos Aires this week for the Group of 20 summit, a meeting of the world’s largest economies responsible for 85% of global economic output and two-thirds of the world’s population.
While leaders will try to build consensus on key issues, the talks will be overshadowed by trade tensions between the United States and China.
Below is a breakdown of what to expect from the two-day summit, taking place Friday and Saturday:
What are the key issues at the summit?
Leaders will discuss the global economy, the future of labour markets and gender equality issues. They will also talk about macroeconomic policy, the digital economy, reform of the World Trade Organization, financial regulation, taxation and trade issues.
US President Donald Trump’s tariffs on imports from major trading partners, particularly China, will likely dominate the conversation.
Trump and Chinese President Xi Jinping will meet for the first time since Washington imposed tariffs on $250 billion in Chinese imports and China retaliated with its own measures.
China hopes to convince Washington to hold off on hiking tariffs to 25% from 10% on 1 January. But officials from both countries are skeptical of any major breakthroughs that could lead to a resolution in the trade war.
Delegates will also discuss climate change, another contentious issue after Trump last year announced his intent to withdraw the United States from the Paris climate accord.
In addition, leaders will discuss issues related to:
• the future of work
• women's empowerment
• the taxation of the digital economy
Global challenges are also on the agenda. Leaders will focus on the fight against climate change and the implementation of the Paris Agreement, ahead of next month's COP24 meeting. They will also discuss sustainable development, including the 2030 agenda and sustainable development goals.
Will leaders sign a communique?
This month’s Asia Pacific Economic Cooperation (APEC) summit failed to reach consensus on a communique, so there is a question over whether world leaders will be able to reach an agreement at the G20, particularly around trade and climate change.
Officials from some member countries helping to prepare for the meeting say they are hopeful it will end with a communique, but they have acknowledged that progress has been slow, and the final document will likely be watered down to avoid contentious issues. The officials, known as “sherpas”, convened on Monday in Buenos Aires to begin final negotiations on the communique.
Which are the meetings to watch?
The summit’s most closely watched meetingwill be between Trump and Xi, which White House economic adviser Larry Kudlow said would take place over dinner on Saturday night. The outcome could determine whether the US-China trade disputewill de-escalate, or intensify. Trump is also expected to meet with Russian President Vladimir Putin. The two are expected to discuss the Intermediate-Range Nuclear Forces (INF) Treaty after Trump said in October the United States would quit the agreement because Russia was not honouring it.
Turkish President Recep Tayyip Erdogan may meet Saudi Arabian Crown Prince Mohammed bin Salman for the first time. It follows the Saudi killing of Saudi journalist Jamal Khashoggi in Turkey, which sparked global outrage.
Trump is also expected to meet with the crown prince. The president has defended US ties with Saudi Arabia, although sources say the CIA believes the crown prince ordered the journalist’s murder.
The United States, Mexico and Canada are expected to sign a revised North American Free Trade Agreement (NAFTA) on Friday, which has been dubbed the United States-Mexico-Canada Agreement (USMCA). (Source:Livemint)


The above Article can also be read using the link below:

G20 Summit 2018 begins in Argentina - What to watch for at G20 summit in Argentina.