Berliner Boersenzeitung - World risks 'collective suicide', UN chief warns climate summit

EUR -
AED 4.273878
AFN 76.929127
ALL 96.379094
AMD 444.029361
ANG 2.083179
AOA 1067.160055
ARS 1669.416082
AUD 1.756076
AWG 2.097662
AZN 1.986139
BAM 1.953746
BBD 2.344036
BDT 142.270436
BGN 1.958507
BHD 0.438716
BIF 3450.523461
BMD 1.163752
BND 1.50922
BOB 8.07055
BRL 6.312773
BSD 1.163777
BTN 104.758321
BWP 15.48279
BYN 3.365776
BYR 22809.531139
BZD 2.340649
CAD 1.611051
CDF 2597.493612
CHF 0.938927
CLF 0.027431
CLP 1076.097443
CNY 8.227841
CNH 8.228277
COP 4460.75294
CRC 568.302563
CUC 1.163752
CUP 30.839417
CVE 110.149204
CZK 24.289713
DJF 206.821409
DKK 7.468003
DOP 74.611563
DZD 151.371482
EGP 55.249686
ERN 17.456274
ETB 180.916386
FJD 2.627056
FKP 0.872848
GBP 0.873489
GEL 3.136351
GGP 0.872848
GHS 13.296079
GIP 0.872848
GMD 84.953493
GNF 10116.36502
GTQ 8.914628
GYD 243.485079
HKD 9.053639
HNL 30.651777
HRK 7.535521
HTG 152.379808
HUF 384.442972
IDR 19425.807019
ILS 3.75211
IMP 0.872848
INR 104.919534
IQD 1524.597244
IRR 49008.486669
ISK 148.925001
JEP 0.872848
JMD 186.573861
JOD 0.825134
JPY 181.251401
KES 150.415155
KGS 101.769713
KHR 4659.122046
KMF 491.102923
KPW 1047.376277
KRW 1709.271735
KWD 0.357353
KYD 0.969885
KZT 594.694818
LAK 25239.574959
LBP 104218.886105
LKR 359.122467
LRD 205.414937
LSL 19.761725
LTL 3.436256
LVL 0.703942
LYD 6.324351
MAD 10.750998
MDL 19.732341
MGA 5189.566687
MKD 61.575268
MMK 2443.912111
MNT 4128.961065
MOP 9.326695
MRU 46.412208
MUR 53.672132
MVR 17.921437
MWK 2018.087126
MXN 21.224848
MYR 4.786529
MZN 74.375488
NAD 19.761725
NGN 1687.975205
NIO 42.82498
NOK 11.782974
NPR 167.613514
NZD 2.013983
OMR 0.447466
PAB 1.163782
PEN 3.914685
PGK 4.938808
PHP 68.915001
PKR 328.919419
PLN 4.236737
PYG 8003.58611
QAR 4.24204
RON 5.089434
RSD 117.39691
RUB 89.085229
RWF 1693.319872
SAR 4.367546
SBD 9.578365
SCR 17.319792
SDG 699.993726
SEK 10.936484
SGD 1.509985
SHP 0.873115
SLE 27.577665
SLL 24403.286774
SOS 663.904912
SRD 44.989471
STD 24087.308281
STN 24.474271
SVC 10.183295
SYP 12867.404641
SZL 19.756231
THB 37.121382
TJS 10.677875
TMT 4.084768
TND 3.418506
TOP 2.802035
TRY 49.542303
TTD 7.884745
TWD 36.286352
TZS 2851.191739
UAH 49.062922
UGX 4117.671236
USD 1.163752
UYU 45.462207
UZS 13954.330301
VES 296.235219
VND 30676.491878
VUV 141.795077
WST 3.245249
XAF 655.270952
XAG 0.020049
XAU 0.000278
XCD 3.145097
XCG 2.097495
XDR 0.81481
XOF 655.26814
XPF 119.331742
YER 277.612714
ZAR 19.80193
ZMK 10475.154659
ZMW 26.912823
ZWL 374.727537
  • RBGPF

    0.8500

    79.2

    +1.07%

  • JRI

    -0.0700

    13.72

    -0.51%

  • BCC

    -1.2400

    71.81

    -1.73%

  • CMSC

    -0.2100

    23.22

    -0.9%

  • RELX

    -0.8400

    39.48

    -2.13%

  • RIO

    -0.0400

    73.02

    -0.05%

  • BTI

    0.4000

    57.41

    +0.7%

  • GSK

    0.0600

    48.47

    +0.12%

  • NGG

    -0.0800

    75.33

    -0.11%

  • SCS

    -0.0200

    16.12

    -0.12%

  • BCE

    -0.2100

    23.34

    -0.9%

  • RYCEF

    0.3100

    14.8

    +2.09%

  • CMSD

    -0.0800

    23.17

    -0.35%

  • VOD

    0.0300

    12.5

    +0.24%

  • AZN

    1.1000

    91.28

    +1.21%

  • BP

    -0.0500

    35.78

    -0.14%

World risks 'collective suicide', UN chief warns climate summit
World risks 'collective suicide', UN chief warns climate summit / Photo: Hussein FALEH - AFP/File

World risks 'collective suicide', UN chief warns climate summit

UN chief Antonio Guterres warned world leaders at a climate summit in Egypt on Monday that humanity faces a stark choice between working together or "collective suicide" in the battle against global warming.

Text size:

Nearly 100 heads of state and government are meeting for two days in the Red Sea resort of Sharm el-Sheikh, facing calls to deepen emissions cuts and financially back developing countries already devastated by the effects of rising temperatures.

"Humanity has a choice: cooperate or perish," Guterres told the UN COP27 summit.

"It is either a Climate Solidarity Pact or a Collective Suicide Pact," Guterres said, urging the world to ramp up the transition to renewable energy and for richer polluting nations to come to the aid of poorer countries least responsible for heat-trapping emissions.

Nations worldwide are coping with increasingly intense natural disasters that have taken thousands of lives this year alone and cost billions of dollars -- from devastating floods in Nigeria and Pakistan to droughts in the United States and Africa and unprecedented heatwaves across three continents.

"We have seen one catastrophe after another," said Egyptian President Abdel Fattah al-Sisi. "As soon as we tackle one catastrophe, another one arises -- wave after wave of suffering and loss.

"Is it not high time to put an end to all this suffering?"

But a multitude of other crises, from Russia's war in Ukraine to soaring inflation and the lingering effects of the Covid pandemic, has raised concerns that climate change will drop down the priority list of governments.

Guterres, however, told world leaders climate change could not be put on the "back burner".

He called for a "historic" deal between rich emitters and emerging economies that would see countries double down on emissions reductions, holding the rise in temperatures to the more ambitions Paris Agreement target of 1.5 degrees Celsius above the pre-industrial era.

Current trends would see carbon pollution increase 10 percent by the end of the decade and put the world on a path to heat up to 2.8C.

"We are on a highway to climate hell with our foot still on the accelerator," Guterres said.

- 'Moral imperative' -

The UN secretary general said the target should be to provide renewable and affordable energy for all, calling on the United States and China in particular to lead the way.

He also said it was a "moral imperative" for richer polluters to help vulnerable countries.

Earlier Monday, French President Emmanuel Macron urged the United States, China and other non-European rich nations to "step up" their efforts to cut emissions and provide financial aid to other countries.

"Europeans are paying," Macron told French and African climate campaigners on the sidelines of COP27. "We are the only ones paying."

Chinese leader Xi Jinping, whose country is the world's top emitter of greenhouse gases, is not attending the summit.

US President Joe Biden, whose country ranks second on the top-polluters list, will join COP27 later this week after midterm elections on Tuesday that could put Republicans hostile to international action on climate change in charge of Congress.

- 'Loss and damage' -

On Sunday, the heads of developing nations won a small victory when delegates agreed to put the controversial issue of compensation for "loss and damage" on the summit agenda.

Pakistan, which chairs the powerful G77+China negotiating bloc of more than 130 developing nations, has made the issue a priority.

The United States and the European Union have dragged their feet for years on the proposal, fearing it would create an open-ended reparations framework.

Guterres said COP27 must agree on a "clear, time-bound roadmap" for loss and damage that delivers "effective institutional arrangements for financing".

"Getting concrete results on loss and damage is a litmus test of the commitment of governments to the success of COP27," he said.

Mohamed Adow, director of the Power Shift Africa think tank, said there was no clearly-defined final outcome expected from the meeting on the issue of loss and damage.

"The historic polluters ... must be made to pay for the harm they have caused," he said. "We cannot have COP27 become a sham."

The promise is already two years past due and remains $17 billion short, according to the Organisation for Economic Co-operation and Development.

COP27 is scheduled to continue until November 18 with ministers joining the fray during the second week.

Security is tight at the meeting, with Human Rights Watch saying authorities have arrested dozens of people and restricted the right to demonstrate in the days leading up to COP27.

(O.Joost--BBZ)