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.



The UN''s next steps on climate change
Published in Almasry Alyoum on 24 - 01 - 2010

In December, the nations of the world and most of its leaders met in Copenhagen to agree on ambitious and immediate global action to combat climate change. That complete vision did not emerge. The task has therefore become more, not less urgent. The window of opportunity to tackle the climate problem closes more rapidly the longer nations delay to act together.
But Copenhagen has raised the challenge to the highest level of government policy, the level where it must ultimately be resolved. Moreover, what emerged from Copenhagen was a consensus among leaders on a collective, long-term response to climate change, and a set of measures to implement global climate action, which came close to completion. These together now point the way forward to achieving the bigger, collective goal.
The Copenhagen Accord was crafted by a group of countries including the biggest, richest, poorest and smallest, and incorporating nations responsible for 80 percent of global emissions. It represents a letter of political intent to limit the global temperature rise, it asks countries to record national emission reduction pledges and promises defined short and long-term finance for the developing world. The Accord was not accepted as a formal decision under the UN's climate convention. But its aims are anchored strongly in the Convention's objectives. Any country can now associate itself with those aims. Many countries pledged action before Copenhagen and the world should expect them to honor those pledges.
My communication with countries that agreed to the Accord reveals a strong message that it should not lead to a new negotiating track but can be used to unlock areas of disagreement in the ongoing talks.
Also at Copenhagen, negotiators came close to decisions on a set of measures that would make a long-term response operational: a framework to help poor countries adapt, a mechanism to speed technology transfer, a program to build capacity and agreements to cut emissions from deforestation and agriculture
It will take time for countries to digest the implications. This is well and good, for they must come to terms with the challenge ahead. Now, industrialized countries can resume discussions to raise their collective mid-term emission cuts into the minus 25 to 40 percent range that science indicates would avoid the worst climate impacts. Failure to achieve this can only mean the need for greater ambition later.
Countries need to discuss how the long-term finance will be raised. Let us also not forget that in Copenhagen, nations pledged US$28 billion in short-term finance for immediate action, and this money is sitting in national budgets. Countries need to find how this money can be used as soon as possible to launch immediate action.
The question of whether geopolitical shifts are making multilateral agreements harder to reach must also be confronted. My answer is that multilateral agreements are the only tool the world has to agree on laws, regulations, accounting norms, and market mechanisms that consolidate and catalyze global action, and keep it honest. It is increasingly impossible for nations to act confidently without these reference points in a world where no one bloc calls the shots.
Every tool we have to combat climate change on a global scale has come through the multilateral process: the Kyoto Protocol, the Clean Development Mechanism, the Adaptation Fund for developing nations, and the Convention's financial arm, which gives dedicated funding access for the poorest and most vulnerable. To reinvent these structures would take time and money the world does not have.
Copenhagen set out to deliver an agreement on four essential areas: medium-term emission cuts by industrialized countries; action by developing countries to limit emissions; finance to implement action; and an equitable governance of the climate regime. Those issues are as relevant as ever. If countries follow up Copenhagen's outcomes calmly and with their eye on the collective advantage, then they have every chance of completing this promise.
Yvo de Boer is the Executive Secretary of the United Nations Framework Convention on Climate Change. This editorial is published courtesy of the United Nations.


Clic here to read the story from its source.