World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Ban Ki-moon Advocates New 'Green Economics'

Ban Ki-moon Advocates New 'Green Economics'

Looking to Bali and beyond, Ban Ki-moon advocates new 'green economics'

As the curtain was raised on the United Nations Climate Change Conference in Bali, Indonesia, today, Secretary-General Ban Ki-moon urged leaders to create a global framework to promote green economics and development.

Writing an Op-Ed in The Washington Post today, the Secretary-General said the Bali Conference is an opportunity for leaders to establish a road map for the future and agree on a timeline to conclude a successor agreement to the Kyoto Protocol - set to expire in 2012 - by next year so that it can enter into force in 2013.

"Handled correctly, our fight against global warming could set the stage for an eco-friendly transformation of the global economy - one that spurs growth and development rather than crimps it, as many nations fear."

Like the Industrial Revolution, the technology revolution and the modern era of globalization, the Secretary-General observed that the world is on the cusp of a new age of green economics.

Scientists report that human activities are driving climate change, but "largely lost in the debate is the good news," he noted, citing examples including Brazil, which derives some 44 per cent of its energy from renewable fuels - compared to the 13 per cent global average.

Although China is frequently touted as the successor to the United States in being the world's largest greenhouse gas emitter, the Secretary-General pointed out that the country is making strides to combat key environmental issues by investing $10 billion in renewable energy this year. Premier Wen Jiabao recently pledged to slash energy consumption by 20 per cent over five years.

Mr. Ban said that rather than suffer from a transition to a green economy, growth may in fact gain momentum through the creation of new jobs as investment in zero-greenhouse gas energy surges.

The UN Environment Programme (UNEP) has estimated that global investment in zero-greenhouse energy will reach $1.9 trillion by 2020 - a figure the Secretary-General called "seed money for a wholesale reconfiguration of global industry."

The private sector requires ground rules and is calling for policies on climate change, including regulation, emissions caps and efficiency guidelines, he said.

"The scientists have done their job," declared Mr. Ban, who is attending the Conference's high-level segment next week. "Now it's up to the politicians. Bali is a test of their leadership."

Some 10,000 participants from 187 countries are expected to attend the two-week Conference.

Over the weekend, the Secretary-General spoke with the leaders of India and China on the issue, while last week, he conversed with the presidents of the Russian Federation, United States and Brazil, according to a UN spokesperson.

ENDS

More: Latest World News | Top World News | World Digest | Archives

© Scoop Media

 
 
 
 
 
World Headlines

 

Preliminary Results: MH17 Investigation Report

The Joint Investigation Team (JIT) is convinced of having obtained irrefutable evidence to establish that on 17 July 2014, flight MH-17 was shot down by a BUK missile from the 9M38-series. According to the JIT there is also evidence identifying the launch location that involves an agricultural field near Pervomaiskyi which, at the time, was controlled by pro-Russian fighters. More>>

ALSO:

At The UN: Paris Climate Agreement Moves Closer To Entry Into Force

The Paris Agreement on climate change moved closer toward entering into force in 2016 as 31 more countries joined the agreement today at a special event hosted by United Nations Secretary-General Ban Ki-moon. More>>

ALSO:

ALSO:

Gordon Campbell: On The End Game In Spain (And Other World News)

The coverage of international news seems almost entirely dependent on a random selection of whatever some overseas news agency happens to be carrying overnight... Here are a few interesting international stories that have largely flown beneath the radar this past week. More>>

Amnesty/Human Rights Watch: Appalling Abuse, Neglect Of Refugees On Nauru

Refugees and asylum seekers on Nauru, most of whom have been held there for three years, routinely face neglect by health workers and other service providers who have been hired by the Australian government, as well as frequent unpunished assaults by local Nauruans. More>>

ALSO:

Other Australian Detention

Gordon Campbell: On The Censorship Havoc In South Africa’s State Broadcaster

Demands have included an order to staff that there should be no further negative news about the country’s President Jacob Zuma, and SABC camera operators responsible for choosing camera angles that have allegedly made the President ‘look shorter’ were to be retrained... More>>

ALSO:

Gordon Campbell: On A Bad Week For Malcolm Turnbull, And The Queen

Malcolm Turnbull’s immediate goal – mere survival – is still within his grasp... In every other respect though, this election has been a total disaster for the Liberals. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news