AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 132.66 Increased By ▲ 3.13 (2.42%)
BOP 6.89 Increased By ▲ 0.21 (3.14%)
CNERGY 4.57 Decreased By ▼ -0.06 (-1.3%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.90 Increased By ▲ 0.13 (0.4%)
FFBL 77.06 Increased By ▲ 1.59 (2.11%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.01 Decreased By ▼ -0.54 (-0.49%)
HUMNL 14.40 Decreased By ▼ -0.16 (-1.1%)
KEL 5.53 Increased By ▲ 0.14 (2.6%)
KOSM 8.32 Decreased By ▼ -0.08 (-0.95%)
MLCF 39.67 Decreased By ▼ -0.12 (-0.3%)
NBP 65.50 Increased By ▲ 5.21 (8.64%)
OGDC 198.74 Decreased By ▼ -0.92 (-0.46%)
PAEL 26.00 Decreased By ▼ -0.65 (-2.44%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 159.00 Increased By ▲ 1.08 (0.68%)
PRL 26.24 Decreased By ▼ -0.49 (-1.83%)
PTC 18.35 Decreased By ▼ -0.11 (-0.6%)
SEARL 82.24 Decreased By ▼ -0.20 (-0.24%)
TELE 8.12 Decreased By ▼ -0.19 (-2.29%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.98 Decreased By ▼ -0.08 (-0.88%)
TREET 16.88 Decreased By ▼ -0.59 (-3.38%)
TRG 59.49 Decreased By ▼ -1.83 (-2.98%)
UNITY 27.52 Increased By ▲ 0.09 (0.33%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,614 Increased By 206.9 (1.99%)
BR30 31,874 Increased By 160.5 (0.51%)
KSE100 98,972 Increased By 1644 (1.69%)
KSE30 30,784 Increased By 591.7 (1.96%)

Leonardo DiCaprio delivered a Hollywood-style jolt Friday to divided UN climate talks in Paris, challenging negotiators to act boldly and swiftly to save mankind from disastrous global warming. Joining Oscar-winner Robert Redford in the French capital, DiCaprio tried to inject much-needed urgency into efforts to strike a deal to rein in greenhouse gas emissions that threaten to play havoc with Earth's delicate climate system.
"They have a choice: be timid and settle for an agreement that merely allows them to save face. Or they can lead. They can return to their home towns and with a real plan to save the planet," DiCaprio told a summit of local leaders at the Paris town hall, held on the sidelines of the UN conference. "Please do not let fear and doubt slow you down. Be bold, be courageous, do everything in your power to change our current course," he pleaded. Redford, actor, Oscar-winning director and long-time environment campaigner who was representing the National Resources Defense Council, told the same gathering: "It is even more urgent than ever."
At the venue for the 195-nation talks in Le Bourget on the northern outskirts of Paris, negotiators were entrenched in familiar battle-lines over who should shoulder the cost for the epic struggle ahead. The planned agreement would establish a universal framework for cutting greenhouse gas emissions that trap the Sun's heat, warming Earth's surface and oceans. Scientists warn Earth will become increasingly hostile for mankind as it warms, such as with rising sea levels that will consume islands and populated coastal areas, as well as catastrophic storms and severe droughts.
However, cutting emissions requires a shift away from burning coal, oil and gas for energy, as well the destruction of carbon-storing rainforests - costly exercises that powerful business interests are determined to press on with. Rich nations have also been reluctant during two decades of UN negotiations to comply with demands from poorer countries that they must pay for the shift to renewable technologies, as well as to cope with climate change. At stake is hundreds of billions of dollars that would need to start flowing from rich to developing nations from 2020, under the planned Paris pact.
With frustrations at the conference mounting, UN Secretary-General Ban Ki-moon called on the world's developed economies to honour the financing pledge they made at the last major climate summit six years ago. "I have been urging the developed world leaders that this must be delivered," Ban told reporters at UN headquarters in New York. "This is one very important promise." Participants in the Paris conference say negotiations are constructive but too slow, with a December 11 deadline for a pact looming.
"The negotiating status is still very far away from the target of trying to achieve a comprehensive, effective, balanced and legally-binding agreement which is equitable to all parties," Chinese negotiator Xie Zhenhua told journalists. Chief US negotiator Todd Stern said attempts to draw up a draft deal acceptable to all sides were advancing, however. "It's moving in the right direction," he said." "There's an option that we like. There's an option that we hate. That's the way it goes." Another battleground is how much to try to limit global warming.
The biggest polluting nations, such as the United States and China, want to enshrine a target of 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-Industrial Revolution levels. Weaker nations most at risk want a much tougher target of 1.5 C, which would require the global economy to transform away from fossil fuels and be fully reliant on renewables by 2050.
Lower-level negotiators have until Saturday to eliminate as many disagreements as possible from a draft text, before handing it over to ministers for them to begin debate on Monday. Ahmed Djoghlaf, the co-chair of the negotiations, warned of marathon talks to get the job done. "We intend to be here this morning, we intend to be here this afternoon, we intend to be here this evening and beyond until tomorrow. So we have brought apples for the lunch and the dinner," Djoghlaf told negotiators. Adding to the star power brought to bear on negotiators, Sean Penn arrives at the UN talks on Saturday to press for the safeguarding of forests, which play a vital role by soaking up carbon dioxide in the atmosphere, and Arnold Schwarzenegger is scheduled to swoop in early next week.

Copyright Agence France-Presse, 2015

Comments

Comments are closed.