India Challenges WTO Ruling Against Climate Action

Analysis by Ravi Kanth Devarakonda *

GENEVA (IDN | SOUTHNEWS) – India along with other developing countries appears now to be facing an acid test in global climate change negotiations and at the WTO on how to ensure that their efforts to build robust domestic industries for manufacturing solar cells, solar modules and other products for renewable energy takes precedence over profits-driven trade rules framed by the United States and other developed countries, according to several negotiators.

On April 20, India took the first step by challenging a WTO panel ruling in favour of the United States that overly dismissed the domestic content requirements adopted by India for promoting solar cells and solar modules industries for producing renewable energy.

Bangladesh Taking Action to Mitigate Potentially ‘Catastrophic’ Climate Change

Analysis by Naimul Haq

BHOLA (IDN) – Bangladesh is one of the world’s countries worst affected by the global warming impact of climate change caused by greenhouse gas (GHG) emissions – extreme weather events such tropical cyclones, severe floods, rainstorms and river erosion, extreme heat waves and unexpected droughts on vast stretches of land are on the rise.

The country’s coastal regions face a rising sea level, higher tides and saline water intrusion which is already encroaching further inland and destroying agricultural opportunities.

The effect of greenhouse gas emissions along Bangladesh’s coast is already evident and experts predict it could be “catastrophic” if appropriate action is not taken now.

Despite efforts to increase resilience, climate challenges continue to result in large economic losses, reducing economic growth and slowing progress in reducing poverty.

Jobs and Climate Asian Development Bank’s Top Priorities as it Turns 50

Analysis by Jaya Ramachandran

FRANKFURT (IDN) – Creating quality jobs, developing the private sector, and combating climate change to ensure a vibrant and sustainable Asia top the agenda of the Asian Development Bank (ADB) as it marks its fiftieth anniversary this year.

According to Bank President Takehiko Nakao, over the last decade, Asia has grown about 7% annually, even after the global financial crisis. This has supported global growth, he said in the opening address at the 49th Annual Meeting of ADB’s Board of Governors – for the first time held in Germany – from May 2 to 5.

China is expected to grow 6.5% this year, down from 6.9% last year, reflecting its transformation to a new growth model. The region as a whole is projected to grow by a robust 5.7% in 2016, said Nakao.

India, with projected growth of 7.4%, is now the fastest growing large economy. Indonesia is expected to grow 5.2% in 2016, higher than last year despite the negative impact from lower commodity prices. Bangladesh, Cambodia, Myanmar, the Philippines, and Viet Nam are gaining growth momentum backed by reform efforts.

Environmental Fund Taps Six for Major ‘Green Prize’

NEW YORK (IDN | GIN) – Once the ancestral land of pastoralists and hunter-gatherers, the Tarangire national park in Tanzania found itself in the crosshairs of tourist developers carving up the wilderness for fancy lodges, luxury tents and other rich tourist amenities.

Lands once shared with the wildebeest, the zebra, and majestic old baobab trees were being “grabbed” by government or companies, without compensation to the Masaai and Hadzaba who resided there.

As countries around the world prepared to mark Earth Day on April 22, the Goldman Environmental Foundation honoured six grassroots leaders including Edward Loure of Tanzania for defending lands at risk from profit-seeking developers.

UNFCCC Chief Praises UAE Founder’s Vision at Crown Prince’s Court

ABU DHABI – The United Arab Emirates (UAE) has abundant opportunities to diversify its economy away from oil as a result of the impulse of the Paris Agreement, the head of the UN climate convention said to a distinguished audience at the Court of the Crown Prince of Abu Dhabi.

Addressing the Court, Christiana Figueres said opportunities ranged from displacing coal on world markets via low cost gas supplies to ramping up the global deployment of renewable energy.

Paris Climate Agreement Promises to be UN Chief’s Legacy

NEW YORK | PARIS (IDN) – Ban Ki-moon has reason to be sure that when he completes his second term as the Secretary-General of the United Nations end of December 2016, he would have left behind a proud legacy.

Climate change has been “one of the defining priorities” of his tenure since January 2007, when he took over as Secretary-General. In his remarks at the closing of COP21, Ban stressed: “Over the past nine years, I have spoken repeatedly with nearly every world leader. I have visited the climate front lines, from the Arctic to Antarctica and to the Amazon, from the Sahel to the Aral Sea. I have been to Pacific Islands that are sinking under the waves.”

Most Vulnerable Countries Assured of Fresh Money at Climate Conference

BERLIN | PARIS (IDN) – The Global Environment Facility (GEF) Chairperson Naoko Ishii has welcomed pledges made at the UN Climate Conference in Paris to inject more than 252 million U.S. dollars to help the most vulnerable countries address climate change and its adverse consequences.

In an unprecedented move, Premier Philippe Couillard of Québec, Canada’s largest province by area and its second-largest administrative division, has announced a contribution of 6 million Canadian dollars to the climate fund, hosted by the Global Environment Facility (GEF) for the most vulnerable countries.

The commitment, made at the Paris COP21 climate talks, is the first-ever by a sub-national government, and brings total new financing to the Least Developed Countries Fund (LDCF) to more than 252 million U.S. dollars.

The support for the LDCF was included in an announcement by the Québec government on December 5 of new international funding for climate cooperation.

China’s Carbon Trading Pilot Programmes Flawed

BEIJING (IDN | UNDP) – As China prepares to launch a nationwide carbon cap-and-trade program to try to slow climate change, experts are warning of a long list of flaws in seven pilot programs that are already operating throughout the country.

Major issues ahead of the planned 2017 launch of a national carbon trading program include a lack of openness, transparency and fairness; a flawed system of allowance allocation which does not reflect real industry conditions; and an inadequate monitoring, verification and reporting system.

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