Four and a half years after nations negotiated the Paris Climate Agreement (now ratified by 187 of them), the global climate change action is taking place at a slow pace. Though there is incremental progress in the activities, the finance issue is still looming large as the main contributors, the developing countries are yet to meet their obligations. In this background, it is important to take stock of the Climate finance regime as we are lagging behind the targets and the gap between what is to be done and what is being done is increasing.
Recently, negotiators from 196 countries finalized a rulebook for the implementation of the 2015 Paris Agreement at the climate change conference held in Katowice, Poland. Katowice meet is the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24). This highlights the strong support among people of all nations for urgent action to avert dangerous climate change.
Carbon neutrality has been in the news for a few months now. There is a considerable discussion on how the world takes efforts to achieve this goal. At the same time, there has been considerable focus on India’s future commitments and plans regarding the reduction of greenhouse gas emissions and when the country would achieve carbon neutrality or net-zero emissions as well. With the major powers like the USA, the EU and China announcing dates to achieve carbon neutrality, all the eyes are on India what decision it takes given its developmental and climate change mitigation objectives.
India’s agricultural sector has seen a considerable threat from climate change and it directly impacts the daily lives of farmers. A study found that climate change could have contributed to the deaths of more than 50,000 farmers or farm workers over the last 30 years. Thus the efforts to make agriculture resilient to climate must be increased and sustained in order to avoid the impacts of a warming world.
According to a new article in Nature Climate Change, more than a third of all deaths between 1991 and 2018 in which heat played a role were attributable to human-induced global warming. Overall, the estimates show that 37% of all heat-related deaths in the recent summer periods were attributable to the warming of the planet due to anthropogenic activities. Similarly, the recent incident of a rare late frost in April on some of France’s best-known and most prestigious wine-producing regions considered to be an agricultural catastrophe can be attributed to global warming. Such events are not isolated weather catastrophes but they are a warning of the climate change that is taking place continuously. Climate change is causing more frequent and intense weather events according to a report by the Internal Displacement Monitoring Centre. Rising extreme weather events like tropical cyclones and others in India and other parts of the world are pointing to the looming crisis that climate change is making the world face. It is a crucial time that world leaders pay heed to and take effective measures to combat climate change as early as possible.