Responsibility and the complexities of climate leadership
1 year, 6 months ago

Responsibility and the complexities of climate leadership

The Hindu  

Over the last few weeks, there has been an increasingly vocal campaign to unseat the President-Designate of COP28, Minister Sultan Al Jaber of the host nation, the United Arab Emirates. Our programme of Climate Prosperity Plans, including the Mujib Climate Prosperity Plan adopted in Bangladesh, seeks to generate inward investment of tens of trillions of dollars in building clean energy infrastructure. We seek the UAE’s leadership in helping secure investments supported by sovereign wealth funds and multilateral development banks which can deliver the huge boost in climate prosperity we need. Sovereign wealth funds and multilateral development banks could assist in de-risking restructured debts and insuring re-issued climate bonds, as Sultan Al-Jaber has suggested. We further call on the UAE leadership for a clean energy target starting in 2025, transforming the Abu Dhabi National Oil Company into the Abu Dhabi Clean Energy and Grid Company by 2030, and towards global financial reform including of the International Monetary Fund.

Energy Climate Bangladesh Clean Cop Sovereign Wealth Funds  prosperity  climate  sultan  oil  countries  leadership  clean  responsibility  energy  global  vulnerable  complexities

History of this topic

Climate myopia: This year’s CoP was a big disappointment but small surprise
2 weeks, 5 days ago

Climate myopia: This year’s CoP was a big disappointment but small surprise

Live Mint  

The 29th Conference of the Parties to Climate Change came to an end on 24 November 2024 with deep disappointment on the outcomes—not just on finance, but on most other aspects of the agenda. With grossly inadequate mitigation of the crisis, the climate finance that developing countries can legitimately asl for will increase exponentially, leading to continued disappointment from a …

COP29 and reducing climate leadership: What India can do
1 month ago

COP29 and reducing climate leadership: What India can do

Hindustan Times  

The Conference of Parties 29 has seen a lacklustre attendance with heads of State from major emitters including China, United States, South Africa, Germany and Canada not in attendance. India must take a nuanced stance advocating for continued resource transfers from the North to bolster India’s domestic capacity to become a crucial partner in achieving global climate goals. India would …

Bangladesh leader Muhammad Yunus slams rich nations for burning up the planet at UN climate talks
1 month, 1 week ago

Bangladesh leader Muhammad Yunus slams rich nations for burning up the planet at UN climate talks

Associated Press  

BAKU, Azerbaijan — Bangladesh’s interim leader Muhammad Yunus said Wednesday that world leaders shouldn’t be negotiating at United Nations climate talks this year, and countries responsible for warming up the planet should instead just simply provide the funds to deal with the climate crisis. “We will raise our voice and tell them it’s your fault, like what we did with …

World leaders address climate crisis at COP29 amid growing disasters
1 month, 1 week ago

World leaders address climate crisis at COP29 amid growing disasters

Deccan Chronicle  

Azerbaijan: The 29th UN climate conference began with world leaders discussing the devastating effects of climate change and calling for urgent global action. Bahamas Prime Minister Philip Edward Davis spoke on behalf of vulnerable island nations facing mounting debt from climate-related catastrophes, such as Hurricanes Dorian and Matthew, despite contributing minimally to global emissions. COP29 marks a critical point in …

US signals it will push for widening pool of climate finance contributors
Trending News
1 month, 1 week ago

US signals it will push for widening pool of climate finance contributors

Hindustan Times  

The United States has signalled it will push for widening the pool of climate finance contributors at COP29, all but confirming what is feared to be turning into a major clash with developing nations over funding responsibilities. White House Senior Advisor for Clean Energy and International Climate Policy, John Podesta, holds a press conference during the United Nations climate change …

UN draft: Developing nations expect trillions for climate mitigation efforts
3 months, 3 weeks ago

UN draft: Developing nations expect trillions for climate mitigation efforts

Hindustan Times  

A draft document on the new climate finance goal, to be negotiated at the UN Climate Conference COP29 in November, indicates developing countries expect contributions in the trillions from developed nations for climate change mitigation efforts. The United States reiterated its stance that contributing to the new fund should be voluntary, and argued that NCQG is separate from UNFCCC provisions, …

A just transition from climate crisis for vulnerable countries
11 months, 3 weeks ago

A just transition from climate crisis for vulnerable countries

Hindustan Times  

Transitioning to a low-emission world cannot escape the issues of ‘climate justice’ that bring on board the plight of vulnerable communities who are at the receiving end of the climate crisis. About 3.6 billion people in Africa, Asia, Central and South America, Least Developed Countries, Small Islands and the Arctic, Indigenous Peoples globally, small-scale food producers and low-income households are …

How Bangladesh is supporting climate refugees
1 year ago

How Bangladesh is supporting climate refugees

BBC  

How Bangladesh is supporting climate refugees Sadiqur Rahman The home of Noor Alam and Rahmina Begum collapsed six times between 1998 and 2020 due to extreme weather Bangladesh is one of the world's most climate vulnerable countries. Sadiqur Rahman In 2021, Rahima Begum and her husband moved to a new, climate-resilient house with brick walls and a tin roof Frequent …

Global warming could cost poor countries trillions. They’ve urged the COP28 climate summit to help
1 year ago

Global warming could cost poor countries trillions. They’ve urged the COP28 climate summit to help

Associated Press  

DUBAI, United Arab Emirates — A prominent developing-world leader on the issue of climate change said Monday that global taxes on the financial services, oil and gas, and shipping industries could drum up hundreds of billions of dollars for poorer countries to adapt and cope with global warming. The U.N. climate summit known as COP28, which is being presided over …

Top world leaders talk of climate crisis at UN summit. They say they must act on fossil fuels, war
1 year ago

Top world leaders talk of climate crisis at UN summit. They say they must act on fossil fuels, war

Associated Press  

DUBAI, United Arab Emirates — Dozens of world leaders said they know the planet’s dangerously overheating and they are trying to keep it from getting worse. “Let’s be inclusive of the most vulnerable Palestinians severely impacted by the war.” Still, Kenya President William Ruto said, “climate change stands out by far as the defining issue of our era.” He joined …

Aiming for sustainable development
1 year, 3 months ago

Aiming for sustainable development

China Daily  

WANG XIAOYING/CHINA DAILY The extreme weather events across the world are just some of the consequences of climate change. In 2020, the UN Intergovernmental Panel on Climate Change, in its Sixth Assessment Report, painted a grim picture of the disastrous consequences of rising global temperatures, and urged UN member states to limit global temperature rise to below 1.5 C. Since …

Aiming for sustainable development
1 year, 3 months ago

Aiming for sustainable development

China Daily  

WANG XIAOYING/CHINA DAILY The extreme weather events across the world are just some of the consequences of climate change. In 2020, the UN Intergovernmental Panel on Climate Change, in its Sixth Assessment Report, painted a grim picture of the disastrous consequences of rising global temperatures, and urged UN member states to limit global temperature rise to below 1.5 C. Since …

Success in facing climate crisis will depend on ‘ability of India to lead…’ : US
1 year, 8 months ago

Success in facing climate crisis will depend on ‘ability of India to lead…’ : US

Hindustan Times  

The success of the world in combating the climate crisis will in part depend on decisions taken by India, a senior US official has said, as he vowed to work with New Delhi and other countries in achieving the ambitious targets. The success of the world in facing the climate crisis will in part depend on decisions taken by India, …

Mobilize resources and partnerships for transformative approach to climate action: Sultan Al Jaber
1 year, 10 months ago

Mobilize resources and partnerships for transformative approach to climate action: Sultan Al Jaber

Live Mint  

There is a need to mobilize resources and partnerships toward a bold and transformative approach to climate action, said Sultan Al Jaber, COP 28 UAE President-Designate. Speaking at the World Sustainable Development Summit by The Energy and Resources Institute in New Delhi, Al Jaber said that India’s has a prominent global role. And, as one of the largest investors in …

Climate-proofing India’s socio-economic trajectory
1 year, 10 months ago

Climate-proofing India’s socio-economic trajectory

Live Mint  

With existing socio-economic challenges, India needs a people-first development paradigm to move towards a climate-secure future, and become a leading voice on climate action for the Global South. With programmes around green fuel, climate-friendly farming, green buildings, low-carbon mobility, and policies for efficient energy use across various economic sectors, the 2023-24 Budget lays a strong foundation for green growth – …

A deepening climate divide
2 years, 1 month ago

A deepening climate divide

Hindustan Times  

This year’s annual United Nations Climate Conference ended in Egypt’s Sharm El Sheikh late on Saturday, taking, in partic-ular, a significant step by setting up a Loss and Damage fund. Formalised in 1992, CBDR means all countries are responsible for tackling the climate crisis, but not equally — poorer nations have a legitimate interest in first bringing populations up to …

Do wealthy countries owe poorer ones for climate change? One country wrote up a bill
2 years, 1 month ago

Do wealthy countries owe poorer ones for climate change? One country wrote up a bill

NPR  

Do wealthy countries owe poorer ones for climate change? Sponsor Message With the world far off-track from its goal of stopping dangerous levels of warming, developing countries say that wealthier nations should pay for the inevitable "loss and damage" they'll experience. At last year's summit, nations agreed to start a dialogue about loss and damage, a process that developing countries …

Britain opens the door to climate change reparations for poorer nations
2 years, 1 month ago

Britain opens the door to climate change reparations for poorer nations

The Telegraph  

Britain has opened the door to paying climate change reparations to developing countries by supporting talks on the issue at the Cop27 summit. On Sunday, at the meeting in Egypt, UK negotiators backed a last-minute agreement to address “loss and damage” payments to countries badly affected by climate-related disasters. The Prime Minister will say: “By honouring the pledges we made …

Climate emergency: Will polluting rich nations pay reparations?
2 years, 1 month ago

Climate emergency: Will polluting rich nations pay reparations?

Al Jazeera  

At COP27, negotiators and civil society groups will lobby not just for more money on the table, but also new avenues for capital to make a faster impact. Oxfam calculates a gap of up to $33bn over the past five years, a number dwarfed by the cost of “loss and damage” after recent disasters such as the 2021 Europe floods, …

Climate aid, war fallout feature at Berlin climate talks
2 years, 5 months ago

Climate aid, war fallout feature at Berlin climate talks

Associated Press  

BERLIN — Officials from 40 countries met Monday in Berlin to discuss how to stay focused on fighting the increasing impacts of climate change while the world reels from the economic fallout of the pandemic and Russia’s invasion of Ukraine. The U.N. secretary general admonished countries to take action instead of playing a “blame game.” European nations vowed to fulfill …

Climate change is devastating the Global South
2 years, 7 months ago

Climate change is devastating the Global South

Al Jazeera  

Right now in India and Pakistan, a record-breaking heatwave is impacting the daily lives of nearly a billion people. Despite the negligible contribution that most vulnerable countries have made to cause climate change, these countries are the most ambitious in tackling it – but they cannot fight this crisis on their own. The decisions adopted at the UN’s COP26 climate …

Indic climate ethics can address energy poverty
2 years, 9 months ago

Indic climate ethics can address energy poverty

Times of India  

Professor Pankaj Jain is an internationally recognized academic leader in Sustainability, Jain Studies, Film Studies, and Diaspora Studies. MORE ‘Energy Poverty’ is a stark reality for around 1.3 billion people globally, who have no access to electricity and over 3 billion people with minimal access to modern forms of energy resources. Although the suburban population in advanced economies and the …

Indranil Banerjie | Global climate calamity is here: Does anybody care?
2 years, 9 months ago

Indranil Banerjie | Global climate calamity is here: Does anybody care?

Deccan Chronicle  

Hindu mythology recounts several events of mass extinctions and similar catastrophes. In its latest report on the approaching catastrophic climate change, the UN’s Intergovernmental Panel on Climate Change, or IPCC, has warned all of us on this planet that it is now certain that the world is headed for disastrous times, including rising oceans that will submerge vast parts of …

How Bangladesh’s poor are paying the costs of climate damage
3 years ago

How Bangladesh’s poor are paying the costs of climate damage

Al Jazeera  

With limited formal climate finance available for adaptation efforts, country’s poor forced to make up for shortages from their pockets. As climate change disasters and losses surge around the world, the world’s poorest, who can least afford it, are paying the bulk of the costs, making them effectively the world’s “silent financiers” of climate losses and adaptation efforts, researchers say. …

Climate finance isn’t charity, says Indian minister at COP26
3 years, 1 month ago

Climate finance isn’t charity, says Indian minister at COP26

Associated Press  

GLASGOW, Scotland — India’s environment and climate minister says rich countries have “an obligation, responsibility, duty and a vow” to provide climate finance to developing nations and should deliver on an unfulfilled promise to raise $100 billion a year. A draft deal under negotiation noted “with regret” that rich nations had failed to meet their promise to provide $100 billion …

COP26: How realistic is Bangladesh's climate prosperity plan?
3 years, 1 month ago

COP26: How realistic is Bangladesh's climate prosperity plan?

The Hindu  

At the COP26 climate change conference in Glasgow, Bangladeshi Prime Minister Sheikh Hasina called on wealthy nations to fulfill their pledges to cut greenhouse gas emissions and provide the promised $100 billion annually in financial aid to less wealthy countries to help them adapt to climate change and mitigate further rises in temperature. "The impact of climate change on countries …

Cop26: UK pledges £290 million to help countries prepare for climate change
3 years, 1 month ago

Cop26: UK pledges £290 million to help countries prepare for climate change

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The government is pledging new funding totalling £290 million, largely to help countries across Asia …

Bangladesh’s villages bear the brutal cost of climate change
3 years, 1 month ago

Bangladesh’s villages bear the brutal cost of climate change

Associated Press  

SHYAMNAGAR, Bangladesh — With each tide, Abdus Satter watches the sea erode a little more of his life. “It’s a grave concern for a country like Bangladesh,” he said, adding that projections show some 30 million people may be displaced from the country’s coastal regions. In those years, Bangladesh lost 0.41% of its gross domestic product due to climate change, …

BASIC nations underline climate finance goal
3 years, 1 month ago

BASIC nations underline climate finance goal

Hindustan Times  

Brazil, South Africa, India, and China -- nations that form the ‘Basic’ grouping -- are seeking a fresh long-term climate finance goal at the COP26 summit in Glasgow, according to a statement presented by India’s environment minister, Bhupender Yadav, on behalf of the bloc. Environment minister Bhupender Yadav Yadav said during the opening of COP26 that the grouping endorsed for …

Developed Nations Must Finance Green Projects in Low-Income Countries: PM Modi
3 years, 1 month ago

Developed Nations Must Finance Green Projects in Low-Income Countries: PM Modi

The Quint  

Putting pressure on developing countries without providing them adequate financial assistance is an injustice itself, he added. More than a decade ago, at the Copenhagen Summit, it was agreed upon that by the year 2020, developed countries shall provide $100 billion dollars of aid to developing and underdeveloped countries to assist their climate projects. On the issue of climate finance, …

COP26: Developing nations urge rich ones to fund climate goals
3 years, 1 month ago

COP26: Developing nations urge rich ones to fund climate goals

Al Jazeera  

From Honduras to India, leaders from developing nations urged those from developed ones to live up to their financial commitments. “For many developing nations, climate change is a big danger to their very existence,” said India Prime Minister Narendra Modi. Rich nations have yet to make good on a longstanding pledge to contribute $100 billion annually to help developing countries …

The COP26 summit to fight climate change has started. Here's what to expect
3 years, 1 month ago

The COP26 summit to fight climate change has started. Here's what to expect

NPR  

The COP26 summit to fight climate change has started. Nations also have not delivered on their promises regarding "climate finance" — the stream of money that will help poorer countries deal with the consequences of a warming climate. Climate experts are hoping that it will "send a signal" that nations understand the need for deeper emissions cuts to reach that …

Bengaluru-based NGO comes up with a climate action plan for the city
3 years, 2 months ago

Bengaluru-based NGO comes up with a climate action plan for the city

The Hindu  

Environment Support Group, a Bengaluru-based non-governmental organisation, has come up with a climate action plan for the city titled “Make Bengaluru Climate Friendly: A Blueprint for Integrated, Participatory and Inclusive Urban Governance”. The action plan recommends ways in which Bengaluru could “take steps necessary to achieve the targets of the Paris Climate Agreement ” and comes in the wake of …

Green Revolution 2.0: Reliance’s Disruptive Clean Energy Plan for Every Indian
3 years, 3 months ago

Green Revolution 2.0: Reliance’s Disruptive Clean Energy Plan for Every Indian

News 18  

The Kuznets curve posited that climate awareness and the need for green energy come about only when a society reaches a certain per capita income. As a rule, that would have meant lower-income countries such as India would have never realistically been able to gain political capital by advocating green energy, and in a democracy like India that would’ve been …

US Special Presidential Envoy for climate John Kerry to travel to India, Bangladesh and UAE
3 years, 8 months ago

US Special Presidential Envoy for climate John Kerry to travel to India, Bangladesh and UAE

Firstpost  

Kerry will travel from 1 to 9 April for consultations on increasing climate ambition ahead of Joe Biden’s Leaders’ Summit on Climate, for which PM Narendra Modi has been invited Washington: Special Presidential Envoy for Climate John Kerry will travel to Abu Dhabi, New Delhi and Dhaka from 1 to 9 April to discuss the climate crisis, the State Department …

Climate change resilience actions, in step with India
3 years, 10 months ago

Climate change resilience actions, in step with India

The Hindu  

Last year tested the strength of our communities and the resilience of our countries. By working together, we can reduce emissions — which will remain critical to ensuring global average temperatures stay well below 2° Centigrade — and adapt and build resilience to the climate change already occurring. While our adaptation and resilience work starts at home, Australia is also …

A manifesto for the climate summit
4 years ago

A manifesto for the climate summit

Hindustan Times  

The year 2020 teaches us that “super shocks” do not just come and go; they transform our ways of life. If we could earn cents for every climate speech made, we would all be rich and resilient by now The United Nations Secretary-General said, recently, “Our planet is broken”. To that end, four kinds of announcements are expected: Upgraded Nationally …

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