#AceWorldNews says ” Global Warming” does not mean rising temperatures in the true sense of the Word ” but as this post points out it is the fluctuating temperatures ,that makes the difference #weather
United Nations Secretary-General Ban Ki-moon today called for a clean energy transformation to help put the world on a more sustainable path, stressing that this will require innovation, investment and collaboration by all partners.
“Achieving a clean energy transformation will need the joint efforts of governments, multilateral investment banks, private finance, civil society, the knowledge community and the private sector,” Mr. Ban said in a keynote <“http://www.un.org/sg/statements/index.asp?nid=7218“>address at the Third Global Green Growth Forum in Copenhagen. “We are partners on a path to sustainability… But we have no time to waste.”
He noted that the way energy is produced and used is “the dominant cause” of climate change. “The impact on our global economy is increasingly clear. We count the cost in human lives and economic loss,” he stated. “But, we are forging solutions together all over the world.”
In September 2011, the Secretary-General launched the Sustainable Energy for All initiative, which aims to achieve three inter-linked global targets by 2030: universal access to modern energy services; the doubling of energy efficiency; and the doubling of the share of renewable energy in the world’s energy mix.
“Each of these objectives serves a common end: clean, low-carbon growth. This is critical for sustainable development,” said Mr. Ban.
He highlighted the world is fast approaching a triple deadline. The target date for achieving the global anti-poverty targets known as the Millennium Development Goals (MDGs) falls at end of 2015. World leaders have also agreed on 2015 as the year for establishing a new sustainable development framework and reaching an agreement on climate change.
“2015 thus represents a historic opportunity to set the world on a sustainable path,” Mr. Ban stated. “To do that we must eradicate extreme poverty and hold global temperature rise below 2 degrees Celsius above pre-industrial levels.
“These objectives are mutually reinforcing and interdependent. Achieving them will require significant global momentum – beginning with a concerted push to accelerate progress towards the MDGs.
“On that foundation we must agree an inclusive post-2015 development framework with poverty reduction at its core and sustainable development as its guide. And to support these efforts, we must increase action and ambition on climate change.”
To that end, Mr. Ban has proposed convening a Climate Summit next September to bring together government, business, finance and civil society leaders from around the world to mobilize political will for the climate negotiations, deliver concrete new commitments and spark “a race to the top” in climate action.
He asked leaders to bring solutions and initiatives with targets, deliverables and investment plans. He also urged them to raise their level of ambition by scaling up the investments and financial flows necessary for making the transformation to a low-carbon economy.
“We need large amounts of capital for the rapid development of low-carbon infrastructure,” he stated. “We are seeing progress – but not fast enough; and not at sufficient scale.
“Climate change is the single greatest threat to sustainable development. Yet, too often, one important fact gets lost amid the fear: addressing climate change is one of our greatest opportunities,” he noted.
“With enlightened action, we can create jobs, improve public health, protect the environment and spur sustainable green growth. In the coming year we should all do our utmost to unlock the barriers to climate finance that exist across the global economy.”
The Secretary-General said he is personally engaged in trying to move the financial actors, regularly meeting with financial actors and investors. Today he attended a meeting with pension fund executives, at which he <“http://www.un.org/sg/offthecuff/index.asp?nid=3143“>asked them to help in unlocking new opportunities for capital investment in climate and development.
He also noted, in the meeting, his intention to include pension fund leaders in the Climate Summit, and discussed the possibilities for using the event as a unique opportunity to leverage unprecedented financial, political and organizational capital.
“I will continue to engage and challenge pension funds, insurance companies and sovereign wealth funds to look beyond the fossil-related segments of the global economy. Less than 1 per cent of pension fund assets are currently invested in sustainable infrastructure projects,” Mr. Ban told the forum.
“Our hope is that greater investment can move towards low-carbon assets, for the good of the world and the long-term financial health of investors. At the same time, development and commercial banks can and should unlock capital to enable low-carbon investments. And regulators can break barriers to facilitating these flows.
“There are enormous untapped investment opportunities in developing countries. All financial actors have to work together to create the mechanisms for making these investments possible. Companies and countries have to make sure that bankable projects are ready, when the money is available.
“With focus, resolve and ambition, we can lower the global thermostat and raise the level of economic opportunity for all – from the poorest households to the largest enterprises.”
- Global efforts to tackle poverty and climate change must come together (theguardian.com)
- Private sector-led initiative to increase climate finance launched at Global Green Growth Forum in Copenhagen (nanowerk.com)
- Worldwide Actions Call For Clean Energy In ‘Global Frackdown’ (mintpressnews.com)
- Tackling Climate Change is Good for Business (netnewsledger.com)
- Ban Ki-moon: sustainable transition ‘impossible’ without financial world (blueandgreentomorrow.com)
Food price spikes caused by extreme weather events like the US drought will become the norm over the next twenty years, leading to millions of deaths from malnutrition among the world’s poorest if Governments do not act on climate change, Oxfam has warned.
While the average price of staple foods is already expected to double in the next twenty years, the UK’s leading poverty charity predicts that separate catastrophes such as droughts, floods and bad harvests will also become more common as a result of climate change, leading to regular and dramatic jumps in prices.
The effect may have already been seen this year, the charity says. A 10 per cent rise in world food prices in July has been blamed on the severest drought in the USA in fifty years, along with dry weather in Eastern Europe and Kenya. Oxfam warned that policymakers have “underestimated” the full impact of climate change on future food prices.
“The huge potential impact of extreme weather events of future food prices is missing from today’s climate change debate,” said the charity’s climate change policy advisor Tim Gore. “Rising temperatures and changing rainfall patterns hold back crop production and cause steady prices rises. But extreme weather events – like the current US drought – can wipe out entire harvests and trigger dramatic food price spikes.”
July was the USA’s hottest month on record, contributing to the warmest 12 month period for the country since records began. Widespread drought has destroyed one sixth of the country’s corn crop and driven up staple food prices worldwide.
Oxfam predicted that future weather events on a similar scale, such as a flood in southern Africa or another drought in North America, could have a catastrophic impact on food prices within the next twenty years. Financial modelling suggested that one or more extreme events in a single year could cause two decades worth of price inflation to occur in a matter of months.
Recently the United Nations urged “swift, coordinated international action” to combat the current price spike, which has seen corn and wheat prices soar by 25 per cent, warning that “even in a good year, global grain production is barely sufficient to meet growing demands for food, feed and fuel.”
Policymakers will wish to avoid a repeat of the food crisis of 2008, where the rising cost of grain, maize, rice and soya led to social unrest and riots in many parts of Africa, South America and Asia. New UN task forces were set up in the wake of the 2008 crisis to co-ordinate the trade, production and aid policies of the world’s governments in the event of another price spike.
In a joint statement, three UN food agencies called on governments to take long-term steps such as investing in agriculture in food importing countries, to safeguard them against future price shocks.
The statement from the Rome-based Food and Agriculture Organisation (FAO), the International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) said that weather had been the driver of each three international food spikes in the past five years.
“Until we find the way to shock-proof and climate-proof our food system, the danger will remain,” the statement said.
The UN statement stopped short of calling an emergency meeting of the Rapid Response Forum, set up in the wake of 2008 crisis. Oxfam said that world leaders were “dragging their feet” and that failure to cut back on greenhouse gas emissions “made a future crisis more likely.”
As more hikes in the price of our everyday essentials will become the norm then companies such as Glencore and others of the same ilk will become the basis of ” profit before people” and people will pay with their pockets first and their lives second!
- Extreme Weather Means Extreme Food Prices Worldwide, Aid Agency Warns (wnyc.org)
- Oxfam warns food prices to soar due to climate change (seeddaily.com)
- Fears UK could face food crisis after bad weather destroys global crops (dailyrecord.co.uk)
- Oxfam warns food prices to soar due to climate change (rawstory.com)
- Survey: More than half of Marylanders say climate change causing harm (times-news.com)
- Improving crop yields in a world of extreme weather events (phys.org)
- Climate change to bring painful food price fluctuations (voicerussia.com)
- Arctic methane release is an ‘economic time bomb’ – study | Nafeez Ahmed (guardian.co.uk)
- Say bye-bye to cheap food (grist.org)