Epic Research Malaysia - Daily KLSE Report for 7th July 2015
Daily Tck 7 - 7th October
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Transcript of Daily Tck 7 - 7th October
8/3/2019 Daily Tck 7 - 7th October
http://slidepdf.com/reader/full/daily-tck-7-7th-october 1/2
The Daily Tck Race to the Future: www.tcktcktck.org
7 October 2011
Summary of the Current status/situation To a rapturous applause, Todd Stern, the US negotiator announced to the world “We’re
back!” at the first UN climate talks following the election of President Obama. This was just
over two years ago; since then how the hopes of millions around the world have been dashed
on the anvil of political expediency and lack of leadership!
Todd Stern’s 2009 words conveyed a U.S. Administration that understands the consequences
of inaction and of the importance of multilateralism. On behalf of all of us at the Daily Tck to
Todd Stern and the U.S. Administration “Come Back!” but keep the science of climat e
change front and centre and leave that siege mentality in back in Washington.
What has been achieved this week? Panama has certainly given us text, what is now needed
is political direction from Ministers to move things forward.
While the U.S. has taken most of the heat, Canada and Japan have hidden behind the U.S. in
Panama but that won’t be possible in Durban. Canada was exposed this week when their
own internal watchdog questioned how Canada will possibly meet their (meagre) greenhouse
gas reduction targets without a plan. The world will not take Canada seriously when they
make international promises that they have no intention of keeping.
As for Japan, they made a commitment to cut emissions by 25% below 1990 levels by 2020
and it is now time to bring forward legislation to ensure that target is met. Japan played anunhelpful role here, most incredulously when they suggested nuclear be eligible for CDM
credits. We hear they are inclined to back off of position in Durban, we will be watching.
It appears that Europe has been constructive. The support for Kyoto (which should be
unequivocal rather than with conditions) as well as support for finance has been
constructive. The EU Environment Council discusses its position at their meeting this
Monday – we will be watching.
Australia has been trying to operate under the radar screen but that too will not be possible in
Durban, they will need to be drawn out on the issue of the future of the Kyoto Protocol as
will Norway.
There has been progress in the areas of technology and adaptation – and the US did in the end
soften their stance on allowing a discussion on long term climate finance. But there can also
be no doubt that the difficulties that have been exposed here are fundamental to Durban and
those include finance, the future of the KP and the future of the LCA that governments will
not be able skate around in Durban.
At their final press conference the US said “The US has not been blocking the discussion on
long term finance, but we believe that each country should consider how they raise their
finances; the US rejects that view of defining which sources of finance should be used for
long term finance.” How far have they fallen in the last two years?
8/3/2019 Daily Tck 7 - 7th October
http://slidepdf.com/reader/full/daily-tck-7-7th-october 2/2
The next stops before Durban include the Capetown pre-COP Ministerial and an opportunity
to build support for long term and innovative finance at the G20 in Cannes, France and the
Commonwealth Heads of Government meeting in Perth, Australia at the end of October.
What is happening?
Despite the economy climate change remains a key concern for the European public, and a
greater one than when the last special climate survey was conducted in 2009. Just over half
(51%) of respondents consider climate change one of the world's most serious problems (and
20% feel it is the single most serious problem). Overall it is seen as the second most serious
issue facing the world, after poverty, hunger and lack of drinking water, and a more serious
problem than the economic situation.
Read the full report here: http://ec.europa.eu/public_opinion/archives/ebs/ebs_372_en.pdf
Europe has taken some good steps by implementing a tax on air travel that could begin to
provide some much needed financial resources – we need to make sure this extra money isput to good use towards the adaptation and mitigation needs of developing countries.
Yesterday was the World Day for Decent Work which this year aims at tackling “p recarious
work” – the deepening trend towards casual, temporary and insecure jobs, often with little
legal protection. Young people and women in the workforce are most likely to be affected,
with their incomes and earning potential suffering as a result. http://www.wddw.org/-
English. There were at least 639 actions in 90 countries
ITUC General Secretary Sharan Burrow said, “People’s rights at work are under attack as never before, and governments lack the vision and commitment to fix a global economy which is failing
working people.”
Message for the day Realise the promise of Cancun which include critical climate finance, renewed commitments
on Kyoto and set a deadline for a deal that respects the principles of equity.
What you can do today?
Check out the latest blogs and videos the Adopt-A-Negotiator team has posted on theirwebsite (www.adoptanegotiator.org)
Other materials: 7 reasons why we need a robust and comprehensive climate agreement:
http://www.huffingtonpost.com/kelly-rigg/7-reasons-we-need-to-keep_b_991654.html
New OECD and IEA report on Fossil Fuel Subsidies- essential reading: http://bit.ly/qOL0Ij