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Latest round of U.N. climate talks focuses on business end of global warming
Published in Saudi Press Agency on 26 - 08 - 2007


Now that scientists have documented
the potentially catastrophic consequences of global
warming, experts are tackling the business end, according to AP.
This week's latest round of talks on climate change, which
get under way in Vienna on Monday, will focus on ensuring
that the US$20 trillion (¤14.6 trillion) the world is
projected to spend on energy over the next two decades is
as environmentally friendly as possible.
«We need to 'climate-proof' economic growth,» Yvo de
Boer, the U.N.'s top climate official, told reporters
Sunday.
More than 1,000 delegates were gathering in the Austrian
capital for talks aimed at advising nations, corporations,
bankers and public institutions, such as the International
Monetary Fund, how to make the most of their energy
investments.
A new report by the U.N. Framework Convention on Climate
Change says additional investments of about US$210 billion
(¤155 billion) a year will be needed _ mostly in the
developing world _ to maintain greenhouse gas emissions at
their current levels in 2030.
«If the funding available ... remains at its current
level and continues to rely mainly on voluntary
contributions, it will not be sufficient,» the report
warns.
Experts say developing countries will need billions more
each year to help them adapt to changes in their climates.
An example is the southern African nation of Lesotho. The
impoverished country relies heavily on agriculture, yet it
is being hit with twice as many droughts as it endured in
the 1980s, Lesotho Environment Minister Monyane Moleleki
said.
Complicating matters: Since 2000, Januarys and Februarys
have become progressively warmer.
«When the rain does come, it comes in deluges _ torrents
_ useless for our agriculture,» he said, appealing to
industrialized nations for technology and resources to help
his country adapt and overcome what he called «a very
dangerous situation.»
«Climate change has been spooky to say the least,» he
said.
Maria Magdalena Brito-Neves, environment minister of Cape
Verde, a chain of islands off western Africa's coast, said
climate change has also produced chronic drought and
threatened delicate ecosystems.
«We are very vulnerable,» she told journalists.
The Vienna meeting, which runs through Friday, is part of
a flurry of talks leading up to a major international
climate summit in Bali, Indonesia, in December.
De Boer said participants would «take the temperature»
of global climate-control negotiations before two other key
sessions that will precede the Bali conference _ a Sept. 24
meeting at U.N. headquarters in New York, and a meeting
three days later in Washington of the world's 15 biggest
polluters, including the U.S., China and India.
The U.N. is leading the push to discuss a successor
agreement to the 1997 Kyoto Protocol, which expires in
2012.
Among other things, the treaty requires 35 industrial
nations to cut their global-warming emissions 5 percent
below 1990 levels by 2012. The European Union has set a new
goal of reducing greenhouse gases by 20 percent by 2020 and
by another 10 percent if other nations join in.
«It's critical to have all the partners on board,»
including the U.S., which has not ratified Kyoto, said
Josef Proell, Austria's environment minister. «We need
more than Sunday sermons. We need clear measures.»
De Boer's office details the challenges in its 216-page
report.
Among the hurdles: The world will remain heavily dependent
on fossil fuels, meaning it must find new and affordable
ways to burn coal and oil more cleanly and recapture carbon
dioxide emissions.
«The war against climate change is not a war against oil.
It's a war against emissions,» de Boer said.


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