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Fossil Free ADB reaction to Asian Development Bank draft energy policy
The Asian Development Bank issued its draft energy policy on Friday following the conclusion of its 54th Annual Meeting and clarion calls from the United Nations to end financing for all fossil fuels including gas. This is the first time the policy has been updated since 2009 and the final version, to be approved by the board by October 2021, will guide the bank’s investment decisions until an interim review in 2025. This first draft has ruled out financing for coal but allows for continued gas finance which dominates the ADB’s fossil fuel lending.
Urgent call to three rich Asian country governments – Japan, South Korea and Singapore to stop opposing TRIPS waiver at WTO 30.04.2021 - Asia - Countercurrents (Image by Stock File)
The Peoples Vaccine Alliance (PVA) in Asia is calling on Japan, Singapore and South Korea to take action on the voices of citizens across Asia and the global South by supporting the ‘temporary TRIPS Waiver’ proposal at the WTO’s general council meeting on 30
th April, 2021, and ensuring big pharmaceutical companies and rich country governments voluntarily join the WHO-led COVID-19 Technology Access Pool.
By people’s Vaccine Alliance, Asia Chapter
The appeal letter to Asian governments comes from 100 organizations including ActionAid, APCASO, Asia Dalit Rights Forum, Asia Pacific Alliance for Sexual and Reproductive Health and Rights, Asian Peop
People’s Vaccine Alliance urges Japan, Singapore, SKorea to back vaccine waiver proposal
Members of aid group Doctors Without Borders (MSF) demonstrate outside the World Trade Organization to waive intellectual property rights on coronavirus disease (Covid-19) drugs ahead of meeting on WTO s Trade-Related Aspects of Intellectual Property (TRIPS) agreement in Geneva, Switzerland March 4, 2021. REUTERS Star Digital Report Star Digital Report
The People s Vaccine Alliance (PVA) in Asia will call on Japan, Singapore and South Korea to support the temporary TRIPS Waiver proposal at the World Trade Organization s general council meeting tomorrow.
A temporary waiver of WTO intellectual property rules during the Covid-19 pandemic, proposed by South Africa and India and supported by more than 100 WTO member states and numerous health experts worldwide, is a vital, necessary and urgent step to bring an end to this pandemic, said PVA in an ap
Money is still the elephant in the room when it comes to climate change
We need a lot of money to adapt to climate change and reduce emissions.
What will it take to finally get decisive climate action done? Well, on the one hand, more ambitious climate pledges from governments. But on the other hand, and perhaps even more important aspect, is money. Research shows that in the long run, climate investments can save money and create jobs but you have to put the money down.
Image credit: Flickr / Ivan Radic
Developed countries have a historical responsibility over climate change, as their economies were the ones to develop faster and consequently trigger the global rise in emissions we see now; they basically got developed in the first place by burning a lot of fossil fuel (some more than others).
Last modified on Thu 22 Apr 2021 01.56 EDT
Developing countries are increasingly concerned that their need for financial assistance to cope with the climate crisis will go unmet, as leaders of the world’s biggest economies meet for a virtual White House summit on the climate.
Joe Biden, the US president, is hosting more than 40 world leaders virtually over the next two days to discuss ways of fulfilling the 2015 Paris climate agreement, and to encourage leading economies to bring forward plans for cutting greenhouse gas emissions in the next decade.
Such plans will be crucial to limiting global heating to 1.5C above pre-industrial levels, in line with scientific advice. But alongside these pledges, developing countries are seeking strong new commitments on another crucial area: climate finance, the flow of money from public and private sector sources in the rich world to help the poor world reduce emissions and cope with the intensifying impacts of extreme weather.