South Korea Hosts The Green Climate Fund

By Jutta Wolf | IDN-InDepth NewsAnalysis

BONN (IDN) – A huge amount of some 5.7 trillion US dollar – 5,700,000,000,000 – is required yearly to build a green infrastructure by 2020 in order to limit global temperature rise to 2 degrees C, a new report by the World Economic Forum (WEF) estimates.

Developing countries in particular are in pressing need of adequate funds to limit or reduce their greenhouse gas emissions and adapt to the impacts of climate change. The Green Climate Fund (GCF) plays an important role in providing the necessary funding. Continued warming from the release of greenhouse gases (GHGs) into the atmosphere is projected to have substantial adverse impacts on the environment, human health and the economy.

Warsaw UN Climate Meet Bears Promising Fruit

By Martin Khor* | IDN-InDepth NewsAnalysis

GENEVA (IDN | South Centre) – The UN Climate Conference held in Warsaw has set up a new international mechanism to help developing countries affected by loss and damage from climate change, such as the Philippines typhoon.

The setting up of a loss and damage international mechanism was the major achievement of the 19th Conference of Parties of the UNFCCC (COP19) that ended on November 23, a full day after its scheduled conclusion.

Beware Of Persistent Coal Use

By Jaya Ramachandran & Anna Rutkowski
IDN-InDepth NewsAnalysis

BERLIN | WARSAW (IDN) – Coal currently provides 40 percent of the world’s electricity and has been the fastest-growing global energy source since the year 2000, reports the International Energy Agency (IEA). Its most recent World Energy Outlook finds that while renewables and natural gas generation will grow rapidly, coal is still projected to be the dominant source of electricity through 2035.

As the UN climate change conference COP 19 entered second week on November 18, Greenpeace unfurled a banner on the front of Poland’s Ministry of Economy, protesting against the World Coal Association’s International Coal and Climate Summit taking place inside. The banner read: “Who Rules Poland? Coal Industry or the People?”

Health Issues On The Margins Of UN Conference

By Richard Johnson | IDN-InDepth NewsAnalysis

WARSAW (IDN) – They are not in the limelight. But experts are drawing attention to the human health dimension of climate change at the global climate change talks in Poland’s capital Warsaw scheduled to conclude on November 22.

Dr Diarmid Campbell-Lendrum of the World Health Organization (WHO) has delivered “five health messages” for COP 19, the 19th Conference of Parties to the UN Framework Convention on Climate Change (UNFCCC). A scientist and team leader in WHO’s Climate Change and Health Unit, Dr Campbell-Lendrum says:

When Freedom and Sovereignty Are Hollow Words

By Julio Godoy* | IDN-InDepth NewsAnalysis

BARCELONA (IDN) The German political comedian Karl Valentin once coined a wonderful phrase to parody the cowardice of people who betray their own will: “Mögen hätt’ ich schon wollen,” Valentin mocked them, “aber dürfen habe ich mich nicht getraut.” Loosely translated: “I actually would have loved to want, but I did not dare to can.”

Valentin’s grim humour is a perfect match for the present predicament of European governments vis-à-vis the U.S. and British global surveillance of telecommunications, revealed by the brave Edward Snowden. All heads of governments, from Angela Merkel in Germany to Mariano Rajoy in Spain, passing through François Hollande of France, have expressed their alleged outrage towards the U.S.  spying of their official and private telephone and Internet communications. All of them have used the same expression: What the U.S. National Security Agency (NSA) and the British Government Communications Headquarters (GCHQ) have been doing all these years is “unacceptable.”

Mixed Praise For Chile’s Economic Performance

By J C Suresh | IDN-InDepth NewsAnalysis

TORONTO (IDN) – Chile has received kudos for making significant economic progress in the previous three years but has been faulted for “some glaring inequalities”. A new study finds that – together with Mexico – Chile displays “the greatest inequality gap” in the 34-nation Organisation for Economic Co-operation and Development (OECD).

The average income of the wealthiest 10 percent in Chile and Mexico is 27 times that of the poorest 10 percent, in other words, a ratio of 27 to 1. By contrast, the OECD average is around 10 to 1, informs the 2013 Economic Survey of Chile.

‘Endless Enemies’ Inflict US Foreign Policy

By Julio Godoy | IDN-InDepth NewsAnalysis

BARCELONA (IDN) – During the early 1980s, distinguished U.S. international affairs journalist Jonathan Kwitny started a journey throughout the world, to analyse his country’s foreign policy since the late 1940s. Kwitny, who had reported among other media for the Wall Street Journal, came to a disparaging conclusion: The U.S., which had emerged as the champion of the “free” world for its decisive intervention against Nazi Germany and Fascist Japan, and as such stood against the Soviet Union, did not care for democracy and human rights, but only for what its governments considered as “national interests”.

Sweden Commended For Global Development Aid

By Richard Johnson | IDN-InDepth NewsAnalysis

PARIS (IDN) – At a time when international development cooperation does not draw public focus, a new report highlights Sweden’s significant contribution to assisting countries in need of money they cannot afford to muster on capital markets. According to the Organisation for Economic Co-operation and Development (OECD), Sweden provided USD 5.24 billion in official development assistance (ODA) in 2012. This amounted to 0.99 percent of its gross national income (GNI) – in excess of the United Nations’ target of 0.7 percent of GNI.

Latin America: Headwinds Challenging Progress

By J C Suresh | IDN-InDepth NewsReport

TORONTO (IDN) – Latin America has achieved economic growth and made significant progress in poverty reduction over the course of the last decade. But it is now facing headwinds, according to the latest Latin American Economic Outlook.

Jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF – Development Bank of Latin America, the report was released in Panama City during the XXIII Ibero-American summit on October 18-19, 2013.

“Between 2003 and 2012, the region grew at an average annual rate of 4% thanks to the rapid rise of global trade and increasing commodity prices, and this despite the contraction brought about by the international financial crisis,” states the report.

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