|
|
|
|
UN COP25 find climate action consensus after marathon talks
|
|
|
|
| Top Stories |
 |
|
|
|
IANS | 17 Dec, 2019
The plenary meeting at the UN climate summit taking place in Madrid on
Sunday reached an agreement to boost action on the climate crisis in
2020.
Countries also reaffirmed their commitment to the Paris Agreement, reports Efe news.
The
document, named Chile-Madrid Time For Action, came two days after the
COP25 summit had been scheduled to conclude and is the product of
marathon negotiations that extended into the early hours of Sunday.
Host
nation Chile, represented by Carolina Schmidt, approved the text
following a tense debate in which Brazil took objection to certain
stipulations on oceans and land use.
The final deal from the COP25 means nations must boost their commitments to reducing greenhouse gas emissions in 2020.
It also established scientific facts as the basis of policymaking on climate.
The
accord reiterated the importance of moving towards carbon neutrality
and said a shift toward green energy would boost employment
opportunities.
The summit in Madrid was viewed as a preparatory
step for the COP26 set to take place in Glasgow next year, when country
performances within the framework of the Paris Agreement, which looks to
limit the average global temperature increase to 1.5 C above
preindustrial levels, will be up for review.
The delay at COP25 stemmed from divisions in the plenary meeting.
Some
countries, led by the European Union, argued that it was important by
the end of 2020 that all Paris Agreement-aligned countries upwardly
revise their commitments to reduce greenhouse gas emissions (the
so-called Nationally Determined Contributions).
But other nations, including Brazil, China and India, were resisting calls to commit to much more ambitious emissions cuts.
Although
data from 2014 to 2017 suggested global annual emissions of carbon
dioxide had roughly stabilized, data from the Global Carbon Project
reported a further annual increase of 2.7 per cent and 0.6 per cent in
2018 and 2019, respectively, according to the Our World in Data website.
China is the world's largest CO2 emitter, accounting for more than a quarter of all emissions, that same website said.
It also notes that the US has contributed the most to global CO2 emissions to date.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹94.25
|
₹92.55 |
UK Pound
|
₹125.95
|
₹121.95 |
Euro
|
₹108.95
|
₹105.3 |
| Japanese
Yen |
₹59.4 |
₹57.6 |
| As on 02 Apr, 2026 |
|
|
| Daily Poll |
 |
 |
| What is the biggest war impact on MSMEs? |
|
|
|
|
|
| Commented Stories |
 |
|
|
|
|
|
| |
|