Egypt to provide EGP 90bn in financing facilities for key sectors at interest rates below 15% this fiscal year    Fragile Gaza ceasefire tested as humanitarian crisis deepens    Egypt explores cooperation with Chinese firms to advance robotic surgery    Avrio Gold to launch new jewellery, bullion factory in early 2026    Egypt approves Temsah offshore concession reassignment to EGPC, Ieoc, BP    CBE, China's National Financial Regulatory sign MoU to strengthen joint cooperation    AUC makes history as 1st global host of IMMAA 2025    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Sisi, Sudan's Al-Burhan renew opposition to Ethiopia's unilateral Blue Nile moves    Egyptian pound edges up slightly against US dollar in early Wednesday trade    Egypt starts October Takaful and Karama payments worth over EGP 4b to 4.7m families    Egypt's Cabinet hails Sharm El-Sheikh peace summit as turning point for Middle East peace    Gaza's fragile ceasefire tested as aid, reconstruction struggle to gain ground    Egypt's human rights committee reviews national strategy, UNHRC membership bid    Trump-Xi meeting still on track    Al-Sisi, world leaders meet in Sharm El-Sheikh to coordinate Gaza ceasefire implementation    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths one of largest New Kingdom Fortresses in North Sinai    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egyptian Open Amateur Golf Championship 2025 to see record participation    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    Egypt's Cabinet approves decree featuring Queen Margaret, Edinburgh Napier campuses    El-Sisi boosts teachers' pay, pushes for AI, digital learning overhaul in Egypt's schools    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt's ministry of housing hails Arab Contractors for 5 ENR global project awards    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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.



End world's 'coal addiction' to avert climate devastation, UN chief says
Published in Ahram Online on 11 - 10 - 2019

Too much of the world is still addicted to coal power even as climate change "threatens the viability of human societies", U.N. Secretary-General Antonio Guterres said on Friday, singling out Asian nations over their ongoing use of the fossil fuel.
The U.N. chief told a gathering of world mayors in Copenhagen that too little was being done to tackle climate change and avert its harmful consequences.
"Let us make no mistake, we are facing an urgent crisis," Guterres told the summit in the Danish capital, organised by the C40 network of cities.
"Climate change is moving faster than we are, exceeding worst-case projections," he added.
Countries should cut their planet-warming emissions by at least 45 percent by 2030 and become "climate-neutral" by 2050 to stabilise warming at 1.5 degrees Celsius (2.7F) above pre-industrial times, the lower limit set by almost 200 countries in the 2015 Paris Agreement, he said.
But government action was lagging behind, Guterres added.
"Current national climate action plans get us nowhere close to these goals. We are on pace for a catastrophic 3-degree or more rise. This would be devastating for humanity," he said.
At least 70 countries announced plans at a U.N. climate action summit last month to beef up their Paris pledges to cut emissions, but most major economies including the United States and China failed to announce stronger new measures.
"We still have large parts of the world with a coal addiction," Guterres said, adding that an "absolutely unacceptable number" of new coal power plants were planned, mainly across Asia.
Asia-Pacific, home to two-thirds of the world's people, is experiencing rising urbanisation, population and economic growth, leaving nations scrambling to provide enough electric power while keeping promises to cut heat-trapping emissions.
With an abundance of locally produced cheap coal, the region is bucking the global trend towards finding cleaner alternatives to burning fossil fuels, which emits greenhouse gases scientists say are heating up the planet.
Guterres has previously called for a halt to the construction of coal plants from 2020, as well as a move away from subsidies for fossil fuels and a rapid shift towards renewable energy sources like solar and wind.
"We have the knowledge, the technology and the resources to address the climate emergency ... what is still missing at many levels is political will," Guterres told the Copenhagen summit.
Leaders of more than 90 cities, representing over 700 million people and a quarter of the global economy, met in Copenhagen this week to push forward on climate action.
C40 said that 30 of the world's largest cities, representing more than 58 million residents - from Austin to Venice - had already peaked their emissions and had since cut them by an average of 22%.
The mayors' gathering came as climate-change protesters took to the streets from Britain to New Zealand in two weeks of peaceful civil disobedience.
"Today we can see business, cities and the society moving faster than governments are," Guterres said.
"So it is very important to go on putting as much pressure as possible on governments to make sure that they ... accept our carbon neutrality objective for 2050."


Clic here to read the story from its source.