Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    ETA begins receiving 2025 tax returns, announces expanded support measures    Port Said health facilities record 362,662 medical services throughout 2025    Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt    Nuclear shields and new recruits: France braces for a Europe without Washington    Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port    Gold prices in Egypt end 2025's final session lower    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    Egyptian pound edges lower against dollar in Wednesday's early trade    Oil to end 2025 with sharp losses    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



UN says climate deal positive step forward
Published in Bikya Masr on 12 - 12 - 2011

United Nations Secretary-General Ban Ki-moon welcomed on Sunday the set of decisions reached by countries at the United Nations Climate Change Conference in Durban, South Africa, saying they represent a significant agreement that will define how the international community will address climate change in the coming years.
After extended negotiations over the weekend, the 194 parties to the UN Framework Convention on Climate Change (UNFCCC) agreed on a package of decisions, known as the Durban Platform, which include the launch of a protocol or legal instrument that would apply to all members, a second commitment period for the existing Kyoto Protocol and the launch of the Green Climate Fund.
In a statement issued by his spokesperson Ban said the new accord is “essential for stimulating greater action and for raising the level of ambition and the mobilization of resources to respond to the challenges of climate change.”
Ban also welcomed the agreement to establish a second commitment period of the Kyoto Protocol, stating it will “increase certainty for the carbon market and provide additional incentives for new investments in technology and the infrastructure necessary to fight climate change.”
In addition, Ban said he was gratified that countries reached decisions to implement the Cancun Agreements, which were created at last year”s conference in Mexico. The new measures include setting up a Technology Mechanism that will promote access by developing countries to clean, low-carbon technologies, and establishing an Adaptation Committee that will coordinate adaptation activities on a global scale.
Ban also welcomed the launch of the Green Climate Fund and said he was gratified that a number of countries signalled their intent to contribute to it. The Fund was created last year to help developing nations protect themselves from climate impacts and build their own sustainable futures, but had not been launched yet, and Ban had urged developed countries throughout the two-week conference to inject the necessary capital to kick-start it.
“Taken together, these agreements represent an important advance in our work on climate change,” Ban said, calling on countries to “quickly implement these decisions and to continue working together in the constructive spirit evident in Durban.”
The UN Environmental Program (UNEP) also welcomed the agreements at the conference, noting that key steps were taken such as negotiating “a new and more inclusive treaty and the establishment of the Green Climate Fund.”
“The outcomes of Durban provide a welcome boost for global climate action. They reflect the growing, and in some quarters unexpected, determination of countries to act collectively,” said UNEP Executive Director, Achim Steiner.
However, UNEP also said the conference still left the world with serious and urgent challenges if a global temperature rise is to be kept under two degrees Celsius in the 21st century.
“The big question many will ask is how this will translate into actual emission reductions and by when? Whatever answer will emerge in the coming months, Durban has kept the door open for the world to respond to climate change based on science and common sense rather than political expediency,” said Steiner.
BM/UN
ShortURL: http://goo.gl/ZUT4L
Tags: Climate Change, COP-17, Deal, United Nations
Section: Environment, Going Green


Clic here to read the story from its source.