Berliner Boersenzeitung - Climate action must not be delayed by global crises, UN talks told

EUR -
AED 4.325935
AFN 82.357243
ALL 97.98399
AMD 453.431688
ANG 2.107768
AOA 1080.017014
ARS 1450.427229
AUD 1.793247
AWG 2.122935
AZN 1.997299
BAM 1.955505
BBD 2.380911
BDT 144.658206
BGN 1.955923
BHD 0.444046
BIF 3512.826034
BMD 1.177773
BND 1.501455
BOB 8.148772
BRL 6.372108
BSD 1.179207
BTN 100.543853
BWP 15.577587
BYN 3.859119
BYR 23084.342213
BZD 2.368743
CAD 1.59885
CDF 3397.874053
CHF 0.933743
CLF 0.02848
CLP 1092.915346
CNY 8.439208
CNH 8.436662
COP 4704.753831
CRC 595.302733
CUC 1.177773
CUP 31.210973
CVE 110.24839
CZK 24.633081
DJF 209.98569
DKK 7.461195
DOP 70.488483
DZD 152.84189
EGP 58.119191
ERN 17.666588
ETB 162.662004
FJD 2.634912
FKP 0.864607
GBP 0.861717
GEL 3.203778
GGP 0.864607
GHS 12.205161
GIP 0.864607
GMD 84.212651
GNF 10224.416228
GTQ 9.066634
GYD 246.712831
HKD 9.244849
HNL 30.809228
HRK 7.535628
HTG 154.834701
HUF 398.833248
IDR 19066.606673
ILS 3.925039
IMP 0.864607
INR 100.573512
IQD 1544.747601
IRR 49613.669626
ISK 142.404731
JEP 0.864607
JMD 188.390818
JOD 0.835018
JPY 170.019723
KES 152.422098
KGS 102.996405
KHR 4733.226631
KMF 492.308889
KPW 1060.026619
KRW 1603.066682
KWD 0.359492
KYD 0.982739
KZT 612.719887
LAK 25408.848409
LBP 105658.681922
LKR 353.772197
LRD 236.43438
LSL 20.652289
LTL 3.477656
LVL 0.712423
LYD 6.349962
MAD 10.580206
MDL 19.858008
MGA 5179.197737
MKD 61.531403
MMK 2472.387612
MNT 4222.647074
MOP 9.534164
MRU 46.767954
MUR 52.964626
MVR 18.15224
MWK 2044.883246
MXN 21.963963
MYR 4.973723
MZN 75.329989
NAD 20.652026
NGN 1802.757376
NIO 43.393278
NOK 11.849293
NPR 160.867716
NZD 1.940637
OMR 0.452869
PAB 1.179222
PEN 4.199767
PGK 4.868246
PHP 66.498218
PKR 334.637723
PLN 4.242778
PYG 9401.46388
QAR 4.297453
RON 5.058651
RSD 117.184785
RUB 93.342502
RWF 1693.937607
SAR 4.416984
SBD 9.819001
SCR 17.278871
SDG 707.233697
SEK 11.264629
SGD 1.500547
SHP 0.925544
SLE 26.44087
SLL 24697.306053
SOS 673.895613
SRD 43.795447
STD 24377.514118
SVC 10.318314
SYP 15313.139886
SZL 20.661624
THB 38.074443
TJS 11.432432
TMT 4.133982
TND 3.430583
TOP 2.758461
TRY 46.92803
TTD 7.989695
TWD 34.113016
TZS 3120.162088
UAH 49.238073
UGX 4230.362672
USD 1.177773
UYU 47.242883
UZS 14848.76295
VES 128.934888
VND 30837.030102
VUV 140.094991
WST 3.064012
XAF 655.855407
XAG 0.031985
XAU 0.000352
XCD 3.182989
XDR 0.815674
XOF 655.84984
XPF 119.331742
YER 285.197805
ZAR 20.615373
ZMK 10601.361125
ZMW 28.448714
ZWL 379.242284
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

Climate action must not be delayed by global crises, UN talks told
Climate action must not be delayed by global crises, UN talks told / Photo: Ina FASSBENDER - AFP/File

Climate action must not be delayed by global crises, UN talks told

Negotiators from almost 200 countries met in Germany Monday for climate talks tasked with reigniting momentum on tackling global warming, as Russia's invasion of Ukraine overshadows the threat from rising emissions.

Text size:

The conference will set the stage for a fresh round of major United Nations talks later this year in Egypt.

It will also be a chance to test the resolve of nations facing a catalogue of crises, including escalating climate impacts, geopolitical tensions, bloodshed in Ukraine and the threat of a devastating global food crisis.

Issuing a call for international unity to hold firm, outgoing UN climate change chief Patricia Espinosa told delegates it was "not acceptable to say that we are in challenging times".

"We must understand that climate change is moving exponentially. We can no longer afford to make just incremental progress," she said at the opening of the June 6 to 16 meeting.

"We must move these negotiations along more quickly. The world expects it."

Governments have already accepted that climate change is a grave threat to humanity and the planet, and have advocated immediate action to cut fossil fuel emissions and prepare for the accelerating impacts of warming.

The summary to this year's landmark climate report from the Intergovernmental Panel on Climate Change concluded that any further delay in action "will miss a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all".

But as things are going, the world is unlikely to be able to meet the Paris climate deal's commitment to limit warming "well below" 2 degrees Celsius above pre-industrial levels.

"There is this disconnect between the scientific evidence of global crisis in the making, of potentially rushing towards unmanageable climate impact, versus the lack of action," Johan Rockstrom, director of the Potsdam Institute for Climate Impact Research, told AFP.

"This is a deep worry."

The world has warmed nearly 1.2C so far -- enough to usher in a crescendo of deadly heatwaves, floods and storm surges made worse by rising seas.

- Funding focus -

While the conference in the German city of Bonn is largely aimed at preparing for the UN COP27 meeting in Sharm el-Sheikh in November, there are a number of key issues up for debate.

That includes a push for countries to speed up their timetable for updating their carbon-cutting plans, to more quickly align actions on reducing emissions with the agreed goals for limiting global warming.

A particular focus will also be funding from rich polluters to help vulnerable developing nations least responsible for global heating.

A promise of $100 billion a year from 2020 to help them adapt to a warming world has still not been met.

Meanwhile, there are growing calls for "loss and damage" funding for countries already struck by devastating climate impacts, with a specific dialogue on the subject slated for this week.

The Alliance of Small Island States has warned that the Bonn conference must not be "just another talk shop", calling for a "clear view" on when and how this financing will be put in place.

- 'Fragile' world -

UN Secretary General Antonio Guterres last week warned that Russia's invasion of Ukraine risked slowing action to combat the climate crisis.

"But I think this war has demonstrated one thing: how fragile the world is in its dependence to fossil fuels," he added.

The invasion has prompted countries, particularly in Europe, to scramble to shore up energy supplies. It has also caused wheat and fertiliser prices to soar.

Fears of a food crisis have intensified in recent weeks, with India moving to ban wheat exports after the hottest March and April on record -- blamed largely on climate change -- hit harvests.

One opportunity for exhibiting political will comes on Wednesday when the European Parliament votes several hotly debated planks of the bloc's sprawling "Fit for 55" climate plan.

EU member states have set themselves the target of reducing their greenhouse gas emissions by 55 percent by 2030 compared to 1990, and achieving carbon neutrality for the continent by 2050.

In May, an analysis from non-profit groups found that countries in the G20 group of major economies have yet to strengthen greenhouse gas reduction goals, despite agreeing to revisit their plans.

Last year in Glasgow, countries made new pledges to slash methane emissions, stop deforestation and other measures that -- in addition to existing national carbon-cutting pledges -- could theoretically cap warming under 2C, said Rockstrom.

But that means the focus at this year's meetings needs to be on "accountability", he added.

"We are now in the delivery phase".

(Y.Berger--BBZ)