The conference faces multiple headwinds: Donald Trump's victory in the US presidential election, ongoing conflicts in Ukraine and Gaza, and deepening disagreements over climate finance between developed and developing nations.
The stakes are particularly high as 2024 is set to become the first year when annual average temperatures breach the critical 1.5 degree Celsius threshold above pre-industrial levels. For India, recent estimates illustrate the growing cost of the climate crisis, with the country having faced one of its most severe years of climate impacts with extreme weather events affecting 93% of days in the first nine months of 2024, resulting in over 3,200 deaths and widespread economic damage.
Among the challenges are recent trade tensions. On November 5, the BASIC group (Brazil, China, India, and South Africa) requested a separate agenda item to discuss unilateral trade restrictions. The move reflects growing concerns about measures like the European Union's Carbon Border Adjustment Mechanism (CBAM) and deforestation regulations, set to take effect in 2026.
"BASIC is of the view that UNFCCC Parties are obligated to send a clear and strong signal of commitment to multilateralism and global cooperation as the most effective and just manner to respond to climate change," the group stated, calling for cooperative solutions rather than unilateral trade restrictions.
Bu hikaye Hindustan Times dergisinin November 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Hindustan Times dergisinin November 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
I wanted to experience the culture for myself, says B.I after performing in India for the first time
Kim Hanbin, popularly known as B.I, performed in India for the first time at the recently concluded KTown festival in Mumbai.
Lost Stories on blending folk with electronica: We try to come up with a sonic concoction no one's heard
After over a decade of trailblazing in the global electronic music scene, Lost Stories—comprising DJs Prayag Mehta and Rishab Joshi—is returning with the highly anticipated EP, SOMA.
India Has Embraced Me With Open Arms
Actor Banita Sandhu on moving to her 'second home', India and her commitment to Hindi cinema
Beats, bites, and premium pours at the ultimate New Year bash
Ring in the New Year with a night of magic and melody!
OTT offered me genres that I wasn't getting earlier
Actor Tahir Raj Bhasin is in a celebratory mood—the recently released second season of Yeh Kaali Kaali Ankhein (YKKA) has been well-received, with a third outing confirmed for the series.
Shubman Gill dropped for a second spinner
It was clear something was afoot early in the day when, during the warm-up session, Shubman Gill was on the field for only a short period.
Bumrah keeps hope alive after fireworks by sensational Sam
Three quick wickets by the pacer help India peg back the hosts from 237/2 to 311/6 on Day 1 of the fourth Test at MCG
Konstas shows an outrageous way to tackle Bumrah
You knew something was going to happen from the moment Sam Konstas, all of 19, sprinted out of the blocks and onto the field of play at the Melbourne Cricket Ground on Thursday.
ICC Fines Kohli for On-Field Altercation with Konstas
Virat Kohli has been fined 20 per cent of his match fee for his rather avoidable mid-pitch altercation with Aussie debutant Sam Konstas.
Fulham stun Chelsea with 2-1 comeback win; City held again
Fulham came from behind to beat neighbours Chelsea 2-1 after a 95th minute goal from substitute Rodrigo Muniz gave the visitors all three point in the Premier League on Thursday.
