1957 Paris summit

COP28 UAE Presidency to convene world-leading economists in the UAE to drive progress on the reform of international finance

Retrieved on: 
Monday, August 14, 2023
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The COP28 Presidency will convene the Independent High-Level Expert Group (IHLEG) in the UAE to drive progress on steps to reform international finance ahead of COP28.

Key Points: 
  • The COP28 Presidency will convene the Independent High-Level Expert Group (IHLEG) in the UAE to drive progress on steps to reform international finance ahead of COP28.
  • The meeting will bring together world-leading economists to define success for COP28, COP29 and COP30, and ensure leaders are ready to hit the ground running on financial reform at COP28.
  • ABU DHABI, UAE, Aug. 14, 2023 /PRNewswire/ -- The COP28 Presidency has announced that it will convene the Independent High-Level Expert Group (IHLEG) on Climate Finance in the UAE this week to drive progress on steps to reform international finance ahead of COP28.
  • The discussions are designed to prepare the ground for COP28 and ensure that the two-week summit delivers tangible action on reform of international finance.

Marshall Islands, a nation at the heart of global shipping, fights for climate justice

Retrieved on: 
Monday, June 26, 2023
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On board were Alson Kelen, founder of Waan Aelõñ in Majel (WAM, Canoes of the Marshall Islands), and a group of youngsters taking part in a climate justice workshop.

Key Points: 
  • On board were Alson Kelen, founder of Waan Aelõñ in Majel (WAM, Canoes of the Marshall Islands), and a group of youngsters taking part in a climate justice workshop.
  • Sailing ships, some finished and some under construction, surround an A-frame building right between the government-owned Marshall Islands Resort and the Ministry of Education on Majuro Atoll.
  • As home to the world’s third-largest ship registry, the Marshall Islands is a key player in global shipping, while rising sea levels threaten its low-lying islands.

What’s at stake?

    • Shipping emissions add up to around 1 billion tonnes a year.
    • In 2018, the International Maritime Organization (IMO), the United Nations agency that regulates shipping, set its first sector-wide climate target: to halve shipping emissions between 2008 and 2050.
    • This “initial strategy” doesn’t align with the Paris Agreement goal of keeping global warming below 1.5℃.
    • Read more:
      Shipping emissions must fall by a third by 2030 and reach zero before 2050 – new research

How can the energy transition be made equitable?

    • Pacific states are also calling for an equitable energy transition.
    • In 2021, the Marshall Islands proposed a global levy on shipping emissions – at least US$100 per tonne of CO₂-equivalent – to speed up the transition.
    • Shipping costs will go up as the energy transition unfolds.
    • For small island developing states like the Marshall Islands, not getting help with these costs could prove disastrous.

‘We are not drowning. We are fighting’

    • It will raise enormous revenues, leading to questions of how to administer and spend these funds.
    • The World Bank is positioning itself to administer the US$3.7 trillion that may be levied over the decades to 2050.
    • The shipping industry, they whisper in the corridors of the International Maritime Organization, can’t be expected to solve all the world’s problems.
    • The most ambitious “equitable transition” now on the table will barely fix centuries of colonial exploitation and unfair trade.

Climate conferences have a huge trust deficit: how to make COP28 deliver

Retrieved on: 
Monday, June 26, 2023
Private sector, United Nations Framework Convention on Climate Change, G77, COP28, Paramount, Method, Solution, Perception, World, Climate change, Negotiation, Attention, 1957 Paris summit, World Bank, History, Cyberattack during the Paris G20 Summit, Carbon, Cop, COP, Green, Trust, Investment, Map, Frustration, Global North and Global South, G20, Paris, Developing country, Conference, IMF, Renewable energy, Marketing, Bank, Security (finance), Cryptocurrency

The deficit of trust is colossal.

Key Points: 
  • The deficit of trust is colossal.
  • Each year the scale and complexity of annual Conference of the Parties (COP), organised under the umbrella of the United Nations Framework Convention on Climate Change, increases.
  • The fact that after 27 COPs the world is still not demonstrating tangible climate action is contributing to growing frustration.
  • Whether or how we achieve this will require sensitive and deft political negotiation – both in the lead-up to, and at, the COP28.

Legitimacy

    • When stakeholders question whether COPs are nothing more than a talk-shop, doubt their legitimacy, or denounce their transparency, we can rightfully learn from these criticisms and make the system more robust.
    • But the way in which we express views must be respectful of governing processes and sensitive to the fragile web of relations the system depends.

The money

    • Finance is likely to take centre stage again at the negotiations, or at least it should.
    • There are expectations that, for the first time, the Green Fund’s yearly $100 billion target will be reached.
    • It is also why a lot of attention will be devoted to the outcome of a number of key meetings:


    Developing countries need to coordinate their positions for these
    various high-level gatherings. This is what happened through the political momentum achieved by the G77 + China around loss and damage finance last year.

Options on the table

    • African focus should also be on scaling the quantum of funding for the transition and for adaptation and resilience, and the role that state owned entities and the private sector can play.
    • But many options have already been put on the table for COP28.
    • These include include Just Transition Plans and associated finance packages, carbon pricing, and, more controversially, targets and fossil fuel phase outs.

Nobel Sustainability Trust Foundation Paris Summit

Retrieved on: 
Thursday, November 24, 2022
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ZURICH, Nov. 23, 2022 /PRNewswire/ -- Nobel Sustainability Trust Foundation convened its second annual summit in Paris, France, at Palais Brongniart on the 21st of November 2022, supported by local main sponsor GL events.

Key Points: 
  • ZURICH, Nov. 23, 2022 /PRNewswire/ -- Nobel Sustainability Trust Foundation convened its second annual summit in Paris, France, at Palais Brongniart on the 21st of November 2022, supported by local main sponsor GL events.
  • Nobel Sustainability Trust Foundation awarded the medal for Outstanding Contribution in Sustainability.
  • The Nobel Sustainability Trust Foundation, founded by four members from Nobel family the previous name was " Nobel Charity Trust" since 2007, and from 2022 changed to its present name in 2011 to more accurately represent its role and activities.
  • For more information, please visit www.nobelsustainability.org
    Contact info: Nobel Sustainability Trust Foundation Management, Tracy W. Email: [email protected] , 0046708134588

Nobel Sustainability Trust Foundation Paris Summit

Retrieved on: 
Thursday, November 24, 2022
Carbon, GL, InterAction Council of Former Heads of State and Government, 1957 Paris summit, NST, Nobel Prize in Chemistry, State, National Wildlife Federation, Health, Gunnerus Sustainability Award, State university system, Science, NGO, Palais Brongniart, Energy and Water Development and Related Agencies Appropriations Act, 2014, Nobel Foundation, Research, Water, Agriculture, Intelligence, President of the Swiss Confederation, Organization, Institute for Materials Research, Government, Nobel Prize, Person, Trustee, Foundation (nonprofit), Social media, Pharmaceutical industry, Renewable energy, Nobel, EU

ZURICH, Nov. 23, 2022 /PRNewswire/ -- Nobel Sustainability Trust Foundation convened its second annual summit in Paris, France, at Palais Brongniart on the 21st of November 2022, supported by local main sponsor GL events.

Key Points: 
  • ZURICH, Nov. 23, 2022 /PRNewswire/ -- Nobel Sustainability Trust Foundation convened its second annual summit in Paris, France, at Palais Brongniart on the 21st of November 2022, supported by local main sponsor GL events.
  • Nobel Sustainability Trust Foundation awarded the medal for Outstanding Contribution in Sustainability.
  • The Nobel Sustainability Trust Foundation, founded by four members from Nobel family the previous name was " Nobel Charity Trust" since 2007, and from 2022 changed to its present name in 2011 to more accurately represent its role and activities.
  • For more information, please visit www.nobelsustainability.org
    Contact info: Nobel Sustainability Trust Foundation Management, Tracy W. Email: [email protected] , 0046708134588

OVHcloud, Ant Group Win Superuser Awards for Large-Scale Deployment of OpenStack, Innovative Use of Kata Containers to Reduce Carbon Emissions, Respectively

Retrieved on: 
Tuesday, June 7, 2022
Neutron, Special interest group, Documentation, OPEN Alliance SIG, OpenStack, Ant Group, OVHcloud, News, API, Organization, Keystone, 1957 Paris summit, Editorial, SQL, Freedom, Efficiency, CO2, Nova, Carbon, Video game, Superuser, Alipay

BERLIN, June 7, 2022 /PRNewswire-PRWeb/ -- OPENINFRA SUMMIT — OVHcloud and Ant Group have tied for top honors as co-winners of the 2022 Superuser Awards, which recognizes organizations that have used open infrastructure to improve their business while contributing back to the OpenInfra community. The news was announced today by the Open Infrastructure Foundation (OpenInfra Foundation).

Key Points: 
  • Ant Group is an innovative technology company that aims to bring inclusive benefits and sustainable services to the world.
  • In April 2022, Ant Group announced that it achieved carbon neutrality in 2021 by reducing 29,591.48 tons of CO2 emission with green computing technologies, including Kata Containers .
  • Comprising more than 30 members, the Kata Containers team at Ant Group is responsible for the container-related R&D of the company and working for sustainable IT infrastructure.
  • The Kata Containers team at Ant Group has published a white paper titled, "Kata Containers Best Practices at Ant Group" available here .