UN Secretary - General Ban Ki - moon invited business leaders to bring to the Climate Summit the bold actions they are undertaking to address climate change. These public – private initiatives are touted to be a key outcome of the summit – especially given that few governments will be in a position to make major new commitments. The hope is that they will inject some positive momentum into the global talks by showing that business is already ' getting on with it ' and leading the way.
Topic:
Climate Change, International Cooperation, and International Political Economy
According to the United Nations, over the past twenty years disasters from natural hazards have affected 4.4 billion people, claimed 1.3 million lives and caused $2 trillion in economic losses. For the first time, disaster losses globally have topped $100bn for three consecutive years (2010-2012), far outstripping humanitarian aid. According to Ban Ki Moon, 'Economic losses from disasters are out of control.
Topic:
Climate Change, Development, Economics, Humanitarian Aid, Natural Disasters, and Infrastructure
Climate change is the single greatest threat to development – making the battle to overcome poverty ever harder and more expensive. Finance is urgently needed to help vulnerable communities adapt to a changing climate. Last year the World Bank estimated the costs of adaptation in poor countries were $75–100bn per year if global warming was kept to 2°C. The non-binding pledges from rich countries to cut emissions offered since Copenhagen would steer a course towards a catastrophic 4°C.
Topic:
Climate Change, Environment, and Treaties and Agreements