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In a powerful address at the Leaders’ Summit for Small Island Developing States, the Secretary-General cast a glaring spotlight on the relentless climate challenges these nations face. His message was one of empathy, shared frustration, and a fierce commitment to securing justice for those bearing the brunt of a crisis they did not create.

A Colossal Injustice

“An injustice perpetrated by the few,” he began, pointing to the shocking reality that only 20 nations account for approximately 80% of global emissions. Small Island Developing States (SIDS), however, are paying the highest price. The Secretary-General acknowledged their right to anger as their economies are ravaged, their lands threatened by rising seas, and their people battered by increasingly severe hurricanes.

Yet, these small island nations stand as first responders to the climate crisis, setting an example in climate ambition. They are shouldering the burden for a planet that urgently needs to follow their lead. “The world must follow you,” he said, emphasizing that supporting SIDS is a global responsibility.

Sparing No Effort to Keep 1.5°C Alive

The call to action was unmistakable: global emissions must fall by 9% annually until 2030 to meet the 1.5°C target. Phasing out fossil fuels, he insisted, is no longer optional but essential. For this, every nation needs to put forward updated, economy-wide climate action plans by COP30 that align with this critical target. He urged the largest emitters to lead this effort, underscoring the UN’s dedication to supporting countries through its Climate Promise initiative.

Climate Justice: Addressing Loss and Damage

With searing honesty, the Secretary-General called for justice—a promise to support those suffering the worst effects of a crisis they didn’t cause. He highlighted the urgent need for substantial contributions to the Loss and Damage Fund, aimed at providing meaningful support to nations facing devastating climate impacts. Developed nations, he added, must honor their commitment to double adaptation finance, reaching at least $40 billion by next year.

But adaptation and resilience funding are only part of the solution. To truly protect and empower these vulnerable nations, he urged more fundamental reforms in the financial structures that bind them.

Financial Reforms: A Lifeline for Sustainable Development

Financial strain has left SIDS caught in a “perfect storm” of debt, high capital costs, and limited resources for climate action. A recent breakthrough, the Pact for the Future, committed to reforming international financial systems and delivering an SDG Stimulus of $500 billion annually. The Secretary-General highlighted the importance of concessional financing and debt relief for vulnerable middle-income countries.

Beyond these measures, the world needs a new climate finance goal that mobilizes trillions for developing nations and leverages innovative funding sources. Levies on aviation, shipping, and fossil fuel extraction, along with transparency frameworks, can play critical roles in ensuring financial accessibility and accountability.

A Moral Imperative

The Secretary-General’s message was both a rallying cry and a beacon of hope: “Use your moral authority to demand action. Demand leadership. And demand your justice.” With this call, he recognized the courage of small island nations in standing against a crisis not of their making and encouraged them to turn their rightful anger into action.

As the summit drew to a close, his words echoed a truth that has long simmered beneath the surface—only by standing together, demanding justice, and prioritizing the most vulnerable can we move from anger to impactful action. For the future of our planet, this shared determination may very well be the turning point.

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As COP 29 begins in Baku, Azerbaijan, the world finds itself at a critical juncture for climate action. This annual United Nations Conference of the Parties brings together global leaders, policymakers, and advocates to address the urgent and growing impacts of climate change. With 2023 marked by record-breaking floods, deadly heatwaves, and a looming 1.5°C global warming threshold, the stakes at COP 29 are higher than ever. This conference could set a crucial path toward sustainable change and help secure a livable future.

Here’s a breakdown of five essential areas to keep an eye on during COP 29:

1. Nationally Determined Contributions (NDCs): Preparing for Higher Commitments

One of COP 29’s primary objectives is to set the stage for countries to renew and enhance their Nationally Determined Contributions (NDCs) in time for COP 30. These NDCs, updated every five years, represent each nation’s pledged commitment to cut emissions and play a vital role in mitigating climate change. Currently, we are on track for an estimated 2.4°C rise in global temperatures—a trajectory with severe implications for biodiversity, human health, and entire ecosystems. COP 29 offers a chance for nations to align with the 1.5°C goal by presenting ambitious, transparent decarbonization plans.

2. New Collective Quantified Goal (NCQG) on Climate Finance: Expanding Support

The New Collective Quantified Goal (NCQG) on climate finance is another key focus area. For years, wealthier nations have pledged $100 billion annually to assist developing countries in both mitigating and adapting to climate impacts. However, the need has far outpaced this initial commitment, leaving many vulnerable nations without adequate resources. This year’s discussions will aim to redefine and increase this financial commitment, ensuring that vulnerable countries receive sufficient funds to combat the effects of climate change effectively. Additionally, building mechanisms for transparent and equitable distribution of these funds is essential to maintain trust between developed and developing nations alike.

3. Carbon Markets: Advancing Article 6 of the Paris Agreement

Carbon markets—enabling countries to trade carbon credits to meet emission targets—remain a contentious yet pivotal topic at COP 29. Article 6 of the Paris Agreement, which underpins these markets, has seen limited progress due to disagreements over transparency and implementation guidelines. As it stands, the lack of standardized rules hinders the effectiveness of carbon markets, raising concerns about market manipulation and ineffective emission reductions. COP 29 will build on prior negotiations to create a framework that ensures tangible, verifiable reductions and attracts investments in low-carbon projects globally. Success in this area could unleash billions in financing for sustainable development.

4. Adaptation and Loss and Damage Fund: Delivering Timely Support

The Loss and Damage Fund, established at COP 28, was a landmark achievement in climate diplomacy, particularly for nations bearing the brunt of climate disasters. However, COP 29 must focus on transforming this fund from promise to action. Operationalizing the Loss and Damage Fund means setting up governance structures, mobilizing resources, and streamlining access for those in urgent need. This fund could provide life-altering support to millions facing climate-driven economic hardship, offering a financial lifeline as impacts intensify.

5. Integrating Biodiversity and Climate Action: Nature-Based Solutions

Nature-based solutions (NbS) have gained significant attention for their dual role in climate action and biodiversity preservation. Solutions such as reforestation, wetland restoration, and mangrove protection enhance ecosystems, sequester carbon, and reduce vulnerability to natural disasters like floods and droughts. COP 29 is expected to emphasize the integration of NbS into broader climate policies, building a pathway for sustainable, nature-positive initiatives. According to the World Economic Forum, natural carbon sinks such as forests absorb roughly 7.6 billion metric tons of CO₂ annually, highlighting the critical role of biodiversity in curbing emissions.

Moving Forward: Why COP 29 Matters

With the world’s eyes fixed on Baku, COP 29 is a chance for global leaders to act boldly and decisively. For developed countries, fulfilling and expanding climate finance commitments is not only an economic responsibility but a matter of equity. For countries on the front lines of climate impacts, a functioning Loss and Damage Fund is vital for survival. COP 29 is an opportunity for nations to chart a sustainable course for future generations and begin making good on the promises that could shape our climate legacy.

The outcomes of this conference could determine the trajectory of global climate action in the coming years. In a world where time is running out, COP 29 holds the potential to make significant strides toward a future where climate resilience and sustainability are a shared reality.

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New Delhi (August 24, 2024) — The World Environment Council successfully hosted its highly anticipated Online ESG Conference on “The Future of ESG: Trends and Innovations,” bringing together global experts, industry leaders, and students to explore the evolving landscape of Environmental, Social, and Governance (ESG) practices. The event took place on August 24, 2024, from 7:00 PM to 9:00 PM IST and was attended by participants from various corners of the world.

The conference was opened by Shri. Prof. Ganesh Channa, Founder and President of the World Environment Council, who delivered the opening remarks, warmly welcoming attendees and setting the tone for the insightful discussions that followed. Mr. Puneet Trehan, Sr. Manager of ESG & Sustainability, served as the host for the event, ensuring a smooth flow of the proceedings.

The keynote address sessions featured distinguished speakers who shared their expertise on various aspects of ESG:

  • Ludwig Oscuro Federigan, EMDRCM, CBP delivered a compelling keynote on “The Evolution of ESG: Past, Present, and Future,” highlighting the transformative journey of ESG practices.
  • Dr. Sukh Dev Singh, IFS presented on “Environmental Initiatives for the Sustainability of ESG,” emphasizing the critical role of environmental stewardship in sustainable ESG frameworks.
  • Ms. Puneeta Puri, Executive Director of the Indian ESG Network, provided an in-depth analysis of the “ESG Landscape in India,” shedding light on the unique challenges and opportunities within the country.
  • Mr. Avadhani Venkat, Partner at Sustina Eco Advisors, spoke on “Human Behavior and Net Zero Goals,” exploring the behavioral shifts required to achieve ambitious environmental targets.
  • Mr. Mukesh Malik, CEO of ProjectGK, concluded the series with a thought-provoking address on “The ESG Relationship with Information Technology,” exploring the intersection of technology and sustainability.

The event concluded with a heartfelt note of thanks from the World Environment Council, expressing gratitude to all the speakers, the host, and the global audience, including ESG experts and students, for their active participation and engagement. The Council emphasized the importance of staying informed and connected in the rapidly evolving field of ESG, as it continues to play a crucial role in shaping sustainable business practices worldwide.

This conference marks another significant milestone for the World Environment Council in its mission to promote sustainability and responsible governance across the globe.

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New Delhi – With a resolute commitment to environmental sustainability, the World Environment Council’s President Prof. Ganesh Channa today is announcing the launch of its second global campaign for the “Environment Protection Bank” program, approved by the United Nations. Set to commence on 1st Jan 2024, this initiative is poised to make significant strides in instilling a sense of environmental responsibility in the hearts of students in schools and colleges across the globe.

The “Environment Protection Bank” program is a pioneering effort designed to empower educational institutions to become active contributors to environmental conservation. Endorsed by the United Nations, the program introduces a unique approach to fostering sustainability by encouraging schools and colleges to adopt eco-friendly practices and initiatives.

Key Objectives of the Campaign:

Global Participation: The campaign invites educational institutions worldwide to participate in this transformative program, fostering a united front in the global fight for environmental protection.

Hands-On Learning: The “Environment Protection Bank” program emphasizes practical, hands-on learning experiences to enable students to actively engage with environmental issues and solutions.

UN-Approved Curriculum: Leveraging the expertise of the World Environment Council and UN guidelines, the program integrates an UN-approved curriculum focused on environmental conservation and sustainable practices.

Incentivized Eco-Actions: Schools and colleges participating in the program will be encouraged to undertake eco-friendly initiatives, with tangible incentives provided through the “Environment Protection Bank.”

Youth Empowerment: The program aims to empower the youth to be ambassadors of environmental change, fostering a generation that is not only aware of environmental challenges but actively works towards solutions.

Why “Environment Protection Bank”?

The concept of an “Environment Protection Bank” is rooted in the idea that every positive action for the environment is an investment in our shared future. By fostering a culture of environmental responsibility within educational institutions, the program aims to create a ripple effect, influencing broader communities and societies.

How Schools and Colleges Can Participate:

Educational institutions interested in joining this global movement can register for the campaign on the World Environment Council’s official website. Detailed information about the program, curriculum, and participation guidelines is available to ensure a seamless and impactful integration of the “Environment Protection Bank” in schools and colleges worldwide.

The World Environment Council invites schools, colleges, educators, and students to join hands in this collective effort to build a sustainable future for our planet.

For more information and to register for the campaign, please visit World Environment Council’s official website: www.wec.org.in or contact +91-8130305369 Email id: worldenvironmentcouncil@gmail.com. Together, let’s bank on a greener future!

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The UN Climate Change Executive Secretary, Simon Stiell, has issued an urgent call to action as world leaders gather in Dubai for the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC).

In his opening remarks at the COP28 plenary, Stiell warned that the world is “on the brink of climate catastrophe” and that “we need to act now, and with unprecedented urgency, to avert a climate disaster.”

“The science is clear: we are running out of time to limit warming to 1.5 degrees Celsius,” Stiell said. “We need to cut global emissions in half by 2030 and reach net zero by 2050.”

Stiell called on world leaders to “accelerate climate action” by:

  • Ambitiously reducing greenhouse gas emissions
  • Providing adequate finance for climate action
  • Building resilience to climate change impacts
  • Adapting to the impacts of climate change that are already happening

“We can still avoid the worst impacts of climate change, but we need to act now,” Stiell said. “We need to make a fundamental shift in our relationship with the planet. We need to move from a fossil fuel-based economy to a clean, renewable energy economy.”

Stiell’s call to action comes as the world faces a number of climate-related crises, including extreme weather events, rising sea levels, and mass displacement.

COP28 is seen as a crucial opportunity for world leaders to make progress on climate action. The conference is taking place in Dubai from November 30 to December 12.

Key priorities for COP28

In addition to the urgent call to action, Stiell also outlined a number of key priorities for COP28. These include:

  • Accelerating the implementation of the Paris Agreement
  • Addressing loss and damage from climate change
  • Enhancing climate finance
  • Supporting the most vulnerable countries

“COP28 must be a moment of action and transformation,” Stiell said. “We need to leave Dubai with concrete commitments to reduce emissions, build resilience, and address loss and damage.”

World leaders must heed the call to action

World leaders have a responsibility to heed the call to action and take urgent action on climate change. The future of our planet depends on it.

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Prime Minister Narendra Modi is scheduled for a two-day visit to Dubai, UAE, starting from November 30th to participate in the World Climate Action Summit. The summit serves as the High-Level Segment of the 28th Conference of Parties, COP-28, to the United Nations Framework Convention on Climate Change, UNFCCC. Taking place from November 28th to December 12th, COP-28 is held under the Presidency of the UAE.

COP-28, a gathering of nations, presents a unique chance to accelerate joint efforts in tackling the common challenge of climate change. During the previous COP-26 in Glasgow, Prime Minister Modi outlined five specific targets known as “Panchamrit” as India’s remarkable contribution to global climate action. Additionally, he introduced the Mission Lifestyle for Environment (LiFE). India, under its G20 Presidency, has placed significant emphasis on climate change, as reflected in the New Delhi Leaders’ Declaration and other achievements.

The upcoming COP-28 provides a platform to build upon these accomplishments and advance collective efforts in addressing climate change challenges. During his visit, Prime Minister Modi will engage in bilateral meetings with several leaders participating in the Summit, fostering international collaboration on climate action.

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