Leaders from all over the globe gathered on Tuesday to discuss the rising concerns about climate change. The world’s leaders pledged to do more in combating climate change. This summit was a forum to encourage world leaders to face the problem, regardless of the many obstacles still in their way. Ban Ki-Moon, Secretary-General of the United Nations said in his opening remarks: “Today, we have to set the world on an entirely new path. The defining issue for our time is climate change. This is the issue that will define our future. “Our response will determine our future.” Leonardo DiCaprio served as UN climate ambassador. He stressed the need for countries to put carbon on a carbon tax or price in order to reduce their carbon footprint. Acting is my main occupation. DiCaprio stated that he plays fictitious characters and solves fictitious issues. I believe that mankind has always looked at climate change the same way. The forum, which lasted just one day at the UN General Assembly saw more than 100 leaders from around the world participate. This forum was established to lay the foundation for a global climate treaty in December 2015.. Obama spoke at the summit, commenting that the United States had made bold investments in clean energy as well as ambitious cuts in carbon emissions. Today, I appeal to all nations not only for next year but also the years after. This is because no country can face this global menace alone.” The forum revealed large differences in the positions countries took on issues such as deforestation and carbon pollution. Brazil, for example, said it wouldn’t sign an agreement to end deforestation by 2030.. The US didn’t join 73 countries who supported a carbon price. While President Obama stated that no one gets a pass, China’s Vice-Premier Zhang Gaoli said just minutes later that developing countries should be treated differently to developed nations. China signed a carbon pricing agreement. France, which was the sole country that pledged a US$1billion contribution to the Green Climate Fund as a result of the summit’s results, said it would contribute US$1billion to the fund. According to the European Union, its members would cut greenhouse gas emissions by 2030, to a level 40 percentage below that in 1990.. Also, the EU pledged to utilize renewable energy for 27 percent its power requirements. However, the United States will not release new emission targets before early 2015. Jose Manuel Barroso (president of the European Commission) stated that it was possible to achieve the global climate change goal without any economic consequences. The EU will contribute approximately $3 billion (roughly $3.9 trillion) over the next few years to assist developing countries in becoming more sustainable. Barroso stated that the European Union was on track to achieve its targets, while simultaneously seeing growth in our economy. “We have proven that climate protection and strong economic growth must go hand-in-hand.” Norway pledged to use $350 millions to save forests in Peru, and $100million to preserve forests in Liberia. Japan promised to issue new goals in the coming year and set a precedent for low-carbon societies. The satellite will be used to verify and monitor emissions. 2014 Summary of Climate Change – The Chair has summarized a list below of agreements and pledges that could be reached by countries, as determined by the chair of the summit. The Summit leaders spoke out about climate change. They agreed that it was a major issue and called for bold actions to address the problem. Climate action must be done within the framework of efforts to end extreme poverty and foster sustainable development, leaders acknowledged. Global temperature rise should not exceed 2 degrees Celsius above pre-industrial levels, leaders pledged. Numerous leaders called on all countries to adopt actions that are consistent with the less than two degree path. A number of countries have already committed to do so. Leaders committed to finalise a meaningful, universal new agreement under the United Nations Framework Convention on Climate Change (UNFCCC) at COP-21, in Paris in 2015, and to arrive at the first draft of such an agreement at COP-20 in Lima, in December 2014. The leaders agreed that the agreement must be comprehensive, effective and durable. It should also balance adaptation and mitigation. A lot of leaders stressed the need to address loss and damage. Numerous leaders reiterated their intention to submit their Intended Nationally Determined Contributions for the new agreement during the first quarter 2015.. Numerous leaders reiterated the UNFCCC’s principles and objectives, which included the principle of equity and shared but different responsibilities. Others also stressed that global efforts to address the climate crisis must reflect changing realities and situations. Cut Emissions. Without substantial cuts in emissions from key countries and regions, there is little chance of staying below 2 degrees. Many leaders representing all economic levels and regions called for an immediate peak in greenhouse gas emission before 2020, and a dramatic reduction in subsequent emissions. Climate neutrality should be achieved in the second decade of this century. The European Union committed to reduce their emissions by 40 compared to 1990 levels. 2030. Large-scale commitments were made by leaders from more than 40 nations, 30 municipalities, and many corporations to increase global energy efficiency. 2030 Through vehicle fuel efficiency and lighting, district energy, and appliances. The New York Declaration on Forests, launched and supported by more than 150 partners, including 28 government, 8 subnational governments, 35 companies, 16 indigenous peoples groups, and 45 NGO and civil society groups, aims to halve the loss of natural forests globally by 2030. 24 global palm oil producers and commodities traders pledged to support the goal of no net deforestation by 2020, and work together with governments, private sector partners, and indigenous peoples in order to create a sustainable supply chain. Transport sector made significant emissions reductions in the transport sector, including trains, air freight and electric cars. The world’s top retailers of agricultural and meat products pledged to improve their supply chains in order to cut emissions and increase resilience to climate change. The group will support 500 millions of farmers. Mobilizing money and moving markets It is crucial to transform economies on a large scale by mobilizing markets from a broad range of industries. To ensure that we do not lose our ability to achieve a low carbon and climate resilient economy, it is crucial to mobilize enough public and private finance. A coalition consisting of government leaders, financial institutions, civil society leaders, and multilateral development banks has announced its intention to mobilise more than billion to fund low-carbon, climate-resilient and sustainable development. The countries strongly reiterated their support of mobilizing private and public finance in order to reach the $100 trillion dollar goal.
At the UN Summit, countries make climate change pledges
