Page 22 - Climate Change Talks

Coalition led by EU and US a sham?

The 15 as of now include, EU, Colombia, Angola, Gambia, Mexico, Norway, Germany, the US, Grenada, Guatemala, Tuvalu, St Lucia, Trinidad & Tobago and the UK

Paris talks drag, threaten to stretch beyond Friday

Under stress, Indian team engages in tough negotiations and bilateral with the US

Revised Paris package out: Differentiation remains unresolved

Negotiations to go on through the night with 24 hours left to close the deal

Countries state their true positions behind closed doors

Heads of states to get involved over next 48 hours from respective capitals to make political compromises

US and EU want Loss and Damage as a toothless tiger in Paris agreement

Ask vulnerable countries to explicitly give up the right to raise issues of compensation and liability in future

The principle trouble in Paris is called differentiation

Why India is so focused on keeping it alive in the new climate agreement

Paris package gets green light from 196 nations

Penultimate draft for climate pact cleared; solution to all other issues to be resolved by ministers in the second week of negotiations

US wants developing nations to also share finance costs

Developing world says offer breaching UN framework a delay tactic

$500-mn initiative to cut emissions in developing nations

Four European countries - Germany, Norway, Sweden, and Switzerland - have announced a USD 500 million initiative to find new ways to create incentives aimed at large scale cuts in greenhouse gas emissions in developing countries including India to combat climate change. The World Bank Group worked with the countries to develop the initiative "Transformative Carbon Asset Facility", which was launched yesterday at the COP21 climate summit. "This new initiative is planned to start operations in 2016 with an initial expected commitment of more than USD 250 million from contributing countries. The facility will remain open for additional contributions until a target of USD 500 million is reached," the World Bank Group said in a statement. It is expected that the new facility's support will be provided alongside USD 2 billion of investment and policy- related lending by the World Bank Group and other sources. "We want to help developing countries find a credible pathway toward low ..

$2 trillion rated debt under risk due to environment issues: Moody's

11 sectors seen having credit exposure to environmental risks in next five years; Developing economies susceptible too

Climate change is a global challenge, must act with urgency: PM

Asks developed countries to make adjustments to sharply reduce their carbon emissions

Modi adds soft touch to hard talk at Paris climate meet

Demands that the rich world vacate the carbon space for developing countries to grow in future

Paris climate talks a test of global resolve: Obama

President Barack Obama told world leaders that the climate talks that opened Monday in Paris mark a turning point for collective action on global warming and stand as a rejection of the terrorists who struck the French capital a little more than two weeks ago. The threat posed by climate change is the defining challenge of the century, Obama told the United Nations-sponsored summit organised to reach the first truly global agreement to curb greenhouse gases. Linking the meeting to the battle against extremism, Obama said that bringing world leaders to Paris for the conference "is an act of defiance that proves nothing will deter us from building the future we want for our children.""Here in Paris we can show the world what is possible when we come together, united by a common effort and a common purpose," Obama said.The president told the assembled dignitaries that no nation was immune from the effects of climate change. He said the U.S., the world's biggest economy and its second bigg

Montek Singh Ahluwalia: Towards a strategy for climate change talks

As a growing economic power, but lagging behind China does not mean India should not set targets for carbon emissions: only that our targets must reflect the difference in our situations