In English

From the Climate Summit to the G20 Summit, Food And Energy Are The Biggest Challenges Facing The World

Dr. Yasser M. Alobaid

The world is facing three crises besieging it from every side: the conflict over energy, food, Covid, and climate change – which may lead to another crisis, hunger. on him
Food prices rose by 23% in 2021, bringing an end to several years of relatively stable prices, in part due to extreme weather events damaging crops and rising energy costs. Then came Russia’s invasion of Ukraine in late February, which sent prices to an all-time high as a result of the disruption of commodity flows from two of the world’s largest exporters of wheat and other consumer staples. The invasion disrupted Ukraine’s Black Sea ports that were in The past teemed with fields left unattended, with Russia’s ability to export stifled. These two countries contribute a quarter of the world’s exports of wheat, a fifth of its exports of barley and maize, and more than half of the exports of sunflower seed oil. other global economic and as a consequence. Inflation is increasing, the pandemic is still disrupting global supply chains, and climate change is threatening production in many agricultural regions of the world with more droughts, floods, heat and forest fires.

“Where is the funding?!”.
The Prime Minister of Samoa, Naomi Naomi Matava, cries out against the disavowal of the developed countries, saying: “We cannot tolerate further erosion of trust between developed and developing countries. Let us make Cope 27 a historic point in turning the mirage into reality.”
The island of Samoa is located in the Pacific Ocean, and it is a small and remote island and is ranked with 8 other islands in the Pacific Ocean among the top 20 countries that suffer the effects of environmental disasters in the world according to gross domestic product, according to what was monitored by the specialized energy platform.Experts are betting on the outcomes of the G-20 summit to reach a formula Reasonable agreement among the delegations present at the Sharm el-Sheikh summit, according to Tom Evans, a policy analyst at the E3G think tank. Evans says that many of the issues he alluded to in the Sharm el-Sheikh draft are being discussed at the G20 leaders’ summit in Bali, expecting that what the leaders decide in Indonesia could lead to a result in Sharm el-Sheikh, especially on the issue of phasing out fossil fuels.
COP26 Climate Summit President Alok Sharma
on the other side
Climate scientists fear a repeat of what happened at the Glasgow Climate Summit COP November 26, 2021, as the world’s major countries disagreed over the drafting of the final draft of the summit agreement. Coal. The first phrase refers to an absolute undertaking by the signatory countries to “get rid of coal,” without their commitment to a specific time limit, which makes them free from their domestic energy plans according to their conditions and circumstances. While the other term refers to a degree of restriction, the countries have almost A commitment to get rid of coal within a specified time frame, however long.
Most of the major industrialized countries of the world take the position of evading the mandatory formulas in any climate agreements since the signing of the Kyoto Climate Protocol in 1997 and the Paris Climate Agreement in 2015. Some of them even threaten to withdraw from time to time, as did former US President Donald Trump.
One of the experts joked about the Glasgow summit controversy in Scotland, saying: “It seems that the most appropriate term for this evasion is to increase coal production! .. It seems that the path of the Sharm el-Sheikh summit will not deviate much from these comments unless the elders in Indonesia agree on serious steps.”
Analyst at the British Climate Research Center “Ember” Dave Jones says that any serious vision to reduce carbon emissions during this decade must target the conventional energy sector mainly.
“It’s more than a fleeting snapshot of leaders meeting on climate. This is a moment when governments need to get serious,” Jones added. To the archives of history, but it seems that this issue is still more complex than a mere appeal and warning of the coming climate disasters on the planet.
Sharma’s proposal to include the phrase “phasing out” coal at the end of the Glasgow conference was rejected by Beijing and New Delhi, and at the end of the conference he was forced to soften the formula and apologize to delegates of other countries while crying, in a difficult human scene that confirms that emotions alone are not enough to dissuade countries from the coal issue.
The past year 2021 was supposed to be a global starting point towards phasing out coal after its consumption decreased in 2019 and 2020.
But the winds of China, India, Europe, Russia and Ukraine came with what the ships of the climate advocates did not like, turning the government plans upside down to increase dependence on coal once again. on the other hand
Leaders of the Group of 20 major economies issued a closing statement saying that the war in Ukraine is undermining the global economy.
Most of the members strongly condemned the war in Ukraine, but there were other opinions, the statement said, stressing the need to abide by international law.
The twenty largest economies in the world affirmed in the joint statement that “the use or threat of use of nuclear weapons is not permitted.”
The statement also welcomed the grain export initiative across the Black Sea.
The statement indicated the determination of the G20 countries to pursue efforts to limit the global temperature rise to 1.5 degrees .
The G20 leaders said central banks in their major economies would continue to assess the pace of monetary tightening, keeping in mind the need to limit “cross-country spillovers”.
G20 members also reaffirmed their commitment to avoid excessive exchange rate volatility, recognizing that “the prices of many currencies have moved significantly” this year. G20 central banks… are closely monitoring the impact of price pressures on inflation expectations, and will continue to appropriately assess the pace of monetary tightening in a clear, data-driven manner,” the statement said.
The statement added that central banks will also bear in mind the need to limit the fallout, in reference to the concern among emerging economies about the impact that decisions to raise US interest rates sharply could have on their markets., “The independence of central banks is necessary to achieve a rational monetary policy that leads to a decrease in the rate of inflation in the major economies

   

اترك رد

error: Content is protected !!