Tag: Tackling climate change
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GLOBAL CLIMATE CHANGE NEGOTIATIONSRich countries must pay for climate loss and damage
The global negotiations on how to tackle climate change take place in December at the annual Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC), which is hosted in a different continent each year. This year it was the turn of South America, and COP25 was supposed to have been…
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How can insurance play a role in tackling climate change?
The 15th annual global microinsurance conference was held last week in Bangladesh for the first time with the theme of “Coping with climate risk”. It was inaugurated by the prime minister who felt that the insurance industry could play a key role in not only managing recovery from natural disasters, but also in tackling climate…
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The challenge from Greta Thunberg on tackling climate change
Last week in New York, the United Nations Secretary General (UNSG) Antonia Guitteres held a Global Action Summit where he invited world leaders from selected countries only to come with “plans not speeches” to raise the level of ambition to tackle climate change. Bangladesh Prime Minister Sheikh Hasina was amongst those invited but US President…
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How Least Developed Countries can become leaders in tackling climate change
The group of Least Developed Countries (LDC) has been negotiating under the United Nations Framework Convention on Climate Change (UNFCCC) for many years and has continuously taken leadership roles at key points. For example, the push for and successful inclusion (against great odds) of the long-term global temperature goal of 1.5 degrees Centigrade in the…