Present-day order must change for our survival
The Statesman Siliguri|December 05, 2024
Scientific evidence, long-term economic projections, and moral imperatives, for example, all provide compelling reasons for urgent effort toward climate mitigation, adaptation, loss and damage.
A. K. MERCHANT

Scores of international agreements, the Paris Agreement of 2015 chief among them, commit nations to take certain steps. Yet these actions are still to be implemented sufficiently as is evident from various Conference of Parties annual meetings, the latest one at Baku, Azerbaijan from 11 to 22 November.

Although scores of articles have already been published addressing various vantage points of success and failure of COP29, the most recent summit meeting still sent a clear message: The shape of the future is set, and it will be green. Despite controversies and broader geopolitical tensions, the conference brought together leaders from around the world.

In my perspective, there are five takeaways. First, transition is happening—it is only a matter of speed: The transition of hard-to-abate sectors like steel and cement was in the spotlight at COP29. For many of these high-emitting industries, the transition to net zero is now a matter of finance and will power. I believe that a transition to net zero this decade is very much possible. However, a key area for transition is the agriculture sector, which accounts for over one-third of global emissions. Despite its complexity, agriculture remains a key sector for climate. Investors will have to come forward and support the industry's transition to net zero and ensure continued prosperity and security in the decades to come.

Second, development Banks can connect capital with impact: By most estimates, global climate finance needs to increase from USD 1.3 trillion to around USD 4 to 7 trillion by 2030 in order to maintain a 1.50C pathway. As per the New Collective Quantified Goal (NCQG) the developed Global North raised financial commitment from the previous commitment of $100 billion annually to $300 billion by 2035.

この記事は The Statesman Siliguri の December 05, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Statesman Siliguri の December 05, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE STATESMAN SILIGURIのその他の記事すべて表示
The Statesman Siliguri

Way forward will be an ideal marriage between ancient Indian knowledge system & evolving technology

Since its inception, the IEM-UEM group has surpassed innumerable benchmarks of achievements and accreditations.

time-read
5 分  |
March 10, 2025
The Statesman Siliguri

Preparing for a zombie attack

In the United States in 2011, the US Centers for Disease Control and Prevention issued an instructional guide for how to prepare for a \"zombie apocalypse.\"

time-read
2 分  |
March 10, 2025
The Statesman Siliguri

Jaishankar Inaugurates New Indian Consulate in Manchester

Inaugurating a new Consulate General of India in Manchester, External Affairs Minister S. Jaishankar said the mission symbolises the importance of the growing Diaspora in the region and a sign of things to come, including an India-UK Free Trade Agreement.

time-read
2 分  |
March 10, 2025
The Statesman Siliguri

First Piped PNG Connection Now Online in SAIL's Riverside Township

The days of having to carry heavy gas cylinders on shoulders in every household appear to be over.

time-read
2 分  |
March 10, 2025
The Statesman Siliguri

Curse of Capitalism

Where once senior doctors on grand rounds held up patient charts for groups of students to scrutinize and learn from; we now have hospital administrative staff holding up excel sheets with graphs depicting departmental earnings and 'educating' doctors, nudging them to not ignore fiscal responsibilities to the hospital

time-read
6 分  |
March 10, 2025
The Statesman Siliguri

Aerospace sector to witness unprecedented growth: Rajnath

Defence Minister Rajnath Singh today asserted that the aerospace sector is going to witness an unprecedented growth in the times to come and it will be pivotal in realising Prime Minister Narendra Modi-led Government's vision of Viksit Bharat by 2047.

time-read
1 min  |
March 10, 2025
The Statesman Siliguri

TN BJP Slams Minister for 'Unwanted Criticism' of Annamalai

Tamil Nadu BJP spokesperson and senior leader ANS Prasad slammed DMK leader and state minister Sekar Babu for his \"unwarranted criticism\" of state BJP president Annamalai.

time-read
2 分  |
March 10, 2025
The Statesman Siliguri

Trade With Pakistan Can Help Achieve 2047 Goal

Much of the effect of the economic reforms established by Narasimha Rao and Manmohan Singh has been stunted by creeping over-regulation. Modi must ensure that he gets the best people in positions that concern the economy. If he can leave power by attaining double-digit growth, his legacy in Indian history would be cemented.

time-read
3 分  |
March 10, 2025
The Statesman Siliguri

Khadi Products Achieve Record 12 Cr Sales at Mahakumbh-2025

The Khadi and Village Industries Commission (KVIC), under the Ministry of Micro, Small & Medium Enterprises (MSME), organized a national-level exhibition during the Mahakumbh from 14 January to 27 February, 2025.

time-read
1 min  |
March 10, 2025
The Statesman Siliguri

India, EU to Hold Next Round of Trade Talks on 10 March

The EU wants India to lower tariffs on cars, wine, and whisky as well as some agricultural products

time-read
1 min  |
March 10, 2025