UN Climate Action Summit Falls ‘Woefully Short’ of Expectations
"Their lack of ambition stands in sharp contrast with the growing demand for action around the world," World Resources Institute head Andrew Steer told The New York Times of key players.
Greenpeace International concluded that world leaders "did not deliver what was needed" and said that popular pressure would increase until they do.
"Young people will continue to be heard on the streets, in their homes and in their schools. Notice is hereby given: there is no longer anywhere to hide, because we the people will be watching you," Greenpeace International Executive Director Jennifer Morgan said in a press release.
RELEASE: 'There is no longer anywhere for leaders to hide, we the people are watching you' -- Greenpeace International’s Executive Director Jennifer Morgan responds to the UN Secretary General’s Climate Action Summit in New York. https://t.co/z3NPhNzJnB— Greenpeace PressDesk (@greenpeacepress) September 23, 2019
However, some important commitments were made during the summit. Here is a rundown of some of the most notable.
- Seventy-seven countries pledged to achieve net-zero emissions by 2050 and 70 pledged to increase their Paris commitments next year, including the UK and all 47 members of the Least Developed Countries group, Climate Home News reported.
- German chancellor Angela Merkel presented a climate plan negotiated by her government Friday, which includes a promise to phase out nuclear power by 2022 and coal by 2038.
- New Greek Prime Minister Kyriakos Mitsotakis said the country would close all of its lignite coal plants by 2028.
- French President Emmanuel Macron urged other countries to join France, Norway, UK, Denmark, Sweden and Germany in doubling their contributions to the Green Climate Fund to help developing countries adapt to climate change.
- Russia announced it had ratified the Paris agreement, though Macron first broke the news during his speech.
- Eighty-seven companies including IKEA, Nestlé and Burberry promised to set climate targets, the UN reported.
- Pension funds and insurers responsible for more than $2 trillion in investments formed the Asset Owner Alliance to move their portfolios to carbon neutral investments by 2050.
UN General Secretary António Guterres ended the summit on a hopeful note.
"Today in this hall, the world saw clear ambition and initiatives," he said, as Climate Home News reported.
"We can win this race", says @antonioguterres— The UN Climate Action Summit (@UNClimateSummit) September 24, 2019
as #ClimateActionSummit ends. "Summit was a boost, but we are not there yet, have a long way to go. Need more action from more countries and businesses. Repeat my appeal to nations: no new #coal beyond 2020!"https://t.co/BtAi1sFJqV pic.twitter.com/TLL7wyGbj9
But he also acknowledged that more needed to be done.
"We need more concrete plans from more countries," he said.
In particular, he called for no new coal plants to be built after 2020.
"The large number of coal power plants still projected to be built are a looming threat to us all," he said.
UN Secretary General Urges Public Pressure Against Climate 'Emergency' https://t.co/DdD8iH9pso— Erik van Erne (@Milieunet) September 19, 2019
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Wisdom the mōlī, or Laysan albatross, is the oldest wild bird known to science at the age of at least 70. She is also, as of February 1, a new mother.
<div id="dadb2" class="rm-shortcode" data-rm-shortcode-id="aa2ad8cb566c9b4b6d2df2693669f6f9"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1357796504740761602" data-partner="rebelmouse"><div style="margin:1em 0">🚨Cute baby alert! Wisdom's chick has hatched!!! 🐣😍 Wisdom, a mōlī (Laysan albatross) and world’s oldest known, ban… https://t.co/Nco050ztBA</div> — USFWS Pacific Region (@USFWS Pacific Region)<a href="https://twitter.com/USFWSPacific/statuses/1357796504740761602">1612558888.0</a></blockquote></div>
By Hui Hu
Winter is supposed to be the best season for wind power – the winds are stronger, and since air density increases as the temperature drops, more force is pushing on the blades. But winter also comes with a problem: freezing weather.
Comparing rime ice and glaze ice shows how each changes the texture of the blade. Gao, Liu and Hu, 2021, CC BY-ND
Ice buildup changes air flow around the turbine blade, which can slow it down. The top photos show ice forming after 10 minutes at different temperatures in the Wind Research Tunnel. The lower measurements show airflow separation as ice accumulates. Icing Research Tunnel of Iowa State University, CC BY-ND
While traditional investment in the ocean technology sector has been tentative, growth in Israeli maritime innovations has been exponential in the last few years, and environmental concern has come to the forefront.
theDOCK aims to innovate the Israeli maritime sector. Pexels<p>The UN hopes that new investments in ocean science and technology will help turn the tide for the oceans. As such, this year kicked off the <a href="https://www.oceandecade.org/" target="_blank" rel="noopener noreferrer">United Nations Decade of Ocean Science for Sustainable Development (2021-2030)</a> to galvanize massive support for the blue economy.</p><p>According to the World Bank, the blue economy is the "sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem," <a href="https://www.sciencedirect.com/science/article/pii/S0160412019338255#b0245" target="_blank" rel="noopener noreferrer">Science Direct</a> reported. It represents this new sector for investments and innovations that work in tandem with the oceans rather than in exploitation of them.</p><p>As recently as Aug. 2020, <a href="https://www.reutersevents.com/sustainability/esg-investors-slow-make-waves-25tn-ocean-economy" target="_blank" rel="noopener noreferrer">Reuters</a> noted that ESG Investors, those looking to invest in opportunities that have a positive impact in environmental, social and governance (ESG) issues, have been interested in "blue finance" but slow to invest.</p><p>"It is a hugely under-invested economic opportunity that is crucial to the way we have to address living on one planet," Simon Dent, director of blue investments at Mirova Natural Capital, told Reuters.</p><p>Even with slow investment, the blue economy is still expected to expand at twice the rate of the mainstream economy by 2030, Reuters reported. It already contributes $2.5tn a year in economic output, the report noted.</p><p>Current, upward <a href="https://www.ecowatch.com/-innovation-blue-economy-2646147405.html" target="_self">shifts in blue economy investments are being driven by innovation</a>, a trend the UN hopes will continue globally for the benefit of all oceans and people.</p><p>In Israel, this push has successfully translated into investment in and innovation of global ports, shipping, logistics and offshore sectors. The "Startup Nation," as Israel is often called, has seen its maritime tech ecosystem grow "significantly" in recent years and expects that growth to "accelerate dramatically," <a href="https://itrade.gov.il/belgium-english/how-israel-is-becoming-a-port-of-call-for-maritime-innovation/" target="_blank" rel="noopener noreferrer">iTrade</a> reported.</p><p>Driving this wave of momentum has been rising Israeli venture capital hub <a href="https://www.thedockinnovation.com/" target="_blank" rel="noopener noreferrer">theDOCK</a>. Founded by Israeli Navy veterans in 2017, theDOCK works with early-stage companies in the maritime space to bring their solutions to market. The hub's pioneering efforts ignited Israel's maritime technology sector, and now, with their new fund, theDOCK is motivating these high-tech solutions to also address ESG criteria.</p><p>"While ESG has always been on theDOCK's agenda, this theme has become even more of a priority," Nir Gartzman, theDOCK's managing partner, told EcoWatch. "80 percent of the startups in our portfolio (for theDOCK's Navigator II fund) will have a primary or secondary contribution to environmental, social and governance (ESG) criteria."</p><p>In a company presentation, theDOCK called contribution to the ESG agenda a "hot discussion topic" for traditional players in the space and their boards, many of whom are looking to adopt new technologies with a positive impact on the planet. The focus is on reducing carbon emissions and protecting the environment, the presentation outlines. As such, theDOCK also explicitly screens candidate investments by ESG criteria as well.</p><p>Within the maritime space, environmental innovations could include measures like increased fuel and energy efficiency, better monitoring of potential pollution sources, improved waste and air emissions management and processing of marine debris/trash into reusable materials, theDOCK's presentation noted.</p>
theDOCK team includes (left to right) Michal Hendel-Sufa, Head of Alliances, Noa Schuman, CMO, Nir Gartzman, Co-Founder & Managing Partner, and Hannan Carmeli, Co-Founder & Managing Partner. Dudu Koren<p>theDOCK's own portfolio includes companies like Orca AI, which uses an intelligent collision avoidance system to reduce the probability of oil or fuel spills, AiDock, which eliminates the use of paper by automating the customs clearance process, and DockTech, which uses depth "crowdsourcing" data to map riverbeds in real-time and optimize cargo loading, thereby reducing trips and fuel usage while also avoiding groundings.</p><p>"Oceans are a big opportunity primarily because they are just that – big!" theDOCK's Chief Marketing Officer Noa Schuman summarized. "As such, the magnitude of their criticality to the global ecosystem, the magnitude of pollution risk and the steps needed to overcome those challenges – are all huge."</p><p>There is hope that this wave of interest and investment in environmentally-positive maritime technologies will accelerate the blue economy and ESG investing even further, in Israel and beyond.</p>
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