Published: Fri, December 15, 2017
People | By Neil Grant

World leaders losing the battle against climate change

World leaders losing the battle against climate change

But in a light-hearted nod to Donald Trump, who has called climate change a "hoax", the tag line for the summit was "Make Our Planet Great Again".

"The selected projects are of very high level and address especially important issues, such as the impact of climate change on hurricanes, the effect of clouds in climate models, the effects of climate change on pollution as well as the public health consequences of climate change and the impact of climate change on the circular economy", the ministry said in a statement.

Other attendees to the summit included Mexican President Enrique Pena Nieto, Theresa May and the secretary-general of the United Nations, Antonio Guterres.

France announced a raft of 12 non-binding commitments, from a $300 million pledge to fight desertification to accelerating the transition toward a decarbonized economy.

It comes two years to the day since the historic Paris Agreement was signed.

Large companies, investors and national and local governments met in Paris on Tuesday to celebrate the second anniversary of the signing of the landmark 2015 agreement, which bound almost all developed and developing countries for the first time to keep global temperatures below 2C, the threshold scientists regard as the limit of safety. It is also on track to meet its target of 28 percent of its lending going to climate action by 2020 and to meeting the goals of its Climate Change Action Plan that was developed after the Paris accord.

Among the commitments, more than 200 institutional investors with $26 trillion in assets under management said they would step up pressure on the world's biggest corporate greenhouse gas emitters to combat climate change. We don't want climate change and we want to produce and create jobs and do things differently if we decide so.

Paris - The heads of several of the world's space agencies have proposed the creation of a climate observatory to pool acquired data and share it with scientists around the globe, according to a declaration adopted on Monday in Paris.

Macron unveiled the "Make our Planet Great Again" grants after President Donald Trump in June said he was pulling the United States out of an global accord to reduce greenhouse gas emissions that were brokered in Paris in 2015. This would not include divesting from companies with large fossil fuel holdings, however.

He said that most countries did not now share the climate data gathered by satellites.

Industry representatives from coal, oil, gas and nuclear power companies like Peabody Energy, nuclear engineering firm NuScale Power, and Tellurian, a liquefied natural gas exporter, were prominently featured during the event. "Environmental, human rights, and development campaigners have been amplifying the voices of frontline communities for decades in calling for an end to World Bank financing of upstream oil and gas projects", Kretzmann said.

"Without question, fossil fuels will continue to be used, and we would argue that it's in the global interest to make sure when fossil fuels are used that they be as clean and efficient as possible", Mr Banks said.

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