SME Times is powered by   
Search News
Just in:   • RBI measures to provide liquidity relief to exporters, ride out near-term pressure  • Piyush Goyal meets world leaders, discusses ways to boost trade and investment  • E-commerce, social media firms must erase inactive user data after 3 years: DPDP Act  • Trump administration sues California over voter-approved Prop 50  • Adani to invest Rs 63,000 crore for two energy projects in Assam, generate thousands of jobs 
Last updated: 23 Sep, 2022  

Un.Thmb.jpg UN Climate Change Conference must make progress: Guterres

UN.jpg
   Top Stories
» RBI measures to provide liquidity relief to exporters, ride out near-term pressure
» Piyush Goyal meets world leaders, discusses ways to boost trade and investment
» E-commerce, social media firms must erase inactive user data after 3 years: DPDP Act
» Adani to invest Rs 63,000 crore for two energy projects in Assam, generate thousands of jobs
» Latest Cabinet decisions to ensure global competitiveness, boost self-reliance: PM Modi
IANS | 23 Sep, 2022
UN Secretary-General Antonio Guterres said that the upcoming UN Climate Change Conference in Egypt (COP27) must make broad progress.

"COP27 must demonstrate that the world is making progress on all pillars of the Paris Agreement. We urgently need to address loss and damage in a meaningful and credible way," he said in a video message for the Alliance of Small Island States (AOSIS) leaders' breakfast.

Loss and damage are happening now -- at 1.1 degrees of warming. The floods in Pakistan have inundated a third of the country, he was quoted as saying by Xinhua news agency. "We can only imagine the fate of small islands if we go beyond 1.5 degrees. Two degrees of warming is unthinkable and must be avoided at all costs."

"We need a targeted, ambitious global response, including how to finance loss and damage, beyond our capacity to adapt," he said. "Polluters must pay. At the same time, we need to resolve access to finance. Grants and concessional financing currently fail to account for your islands' unique vulnerabilities."

AOSIS has long championed the highest level of ambition on climate, often leading by example, he said. "You have also brought solutions and built consensus. Your voices, as climate leaders, problem-solvers and bridge-builders, are needed now more than ever."

The United Nations will continue to push for more ambition and climate action by all, especially the Group of 20, which account for 80 per cent of global emissions.

It will continue to call for a renewables revolution, and for developed countries to provide developing countries with the finance and technology they need to transition to a net-zero and climate-resilient future, he said.

"We will continue to push developed countries to make good on their $100-billion climate finance commitment. We will push for developed countries to provide clarity this year on their Glasgow commitment to double adaptation finance. And we will push to ensure your eligibility and access to that finance," said Guterres.

"You can count on the continued support of the United Nations for your priorities, and those of all developing countries," he said.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter