Facebook Pixel One step forward, two backward | Financial Express Kochi – newspaper – Lesen Sie diese Geschichte auf Magzter.com
Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr

Versuchen GOLD - Frei

One step forward, two backward

Financial Express Kochi

|

November 27, 2025

THE WORLD NEEDS A NEW MULTILATERAL ARCHITECTURE FOR A NEW PHASE OF CLIMATE ACTION

- CHANDRA BHUSHAN

BRAZILIAN PRESIDENT LUIZ Inacio Lula da Silva had declared the 30th Conference of Parties (COP30) to the UN Framework Convention on Climate Change (UNFCCC) as the “COP of truth”.

And truth, indeed, was unmistakable in Belém. The meeting made it clear how fragmented and fragile the global consensus on climate action has become. Decisions that countries had once celebrated as historic achievements were rejected outright. Commitments that were hailed as breakthroughs only a few years ago suddenly appeared to have evaporated.

The most prominent example was the decision to “transition away from fossil fuels”, which had been agreed at the Dubai COP in 2023. That phrase—hailed then as a diplomatic triumph—did not even appear in the final text at Belém. Countries that had supported it earlier refused to accept it now. A similar retreat occurred on deforestation. At COP26 in Glasgow, over 130 nations pledged to halt and reverse deforestation by 2030. At COP30, a road map to achieve this was quietly dropped. The symbolism was striking: a climate summit held at the edge of the Amazon was unwilling to reaffirm the world’s most widely supported forest pledge.

The question, then, is what COP30 actually achieved. The honest answer is: very little. Ten years after the Paris Agreement, instead of accelerating climate action, the world found itself postponing decisions and shifting difficult conversations away from the UN climate process. The most contentious issues were not resolved; they were simply moved elsewhere.

WEITERE GESCHICHTEN VON Financial Express Kochi

Financial Express Kochi

Sleek, comfortable to use

A BIGGER BATTERY ALLOWS FOR ALL-DAY USAGE

time to read

1 mins

February 23, 2026

Financial Express Kochi

Online shopping could be AI’s next victim

SINCE THE DAWN of retail, merchants’ primary job has been to tempt human shoppers to part with their cash.

time to read

2 mins

February 23, 2026

Financial Express Kochi

Russia hits Kyiv overnight; war about to enter fifth year

RUSSIAN FORCES ATTACKED Ukraine’s capital and other targets with missiles and drones overnight, days before the Kremlin’s full-scale war on its neighbour enters a fifth year.

time to read

1 min

February 23, 2026

Financial Express Kochi

Wikipedia’s evolving role in an AI world

WIKIPEDIA CO-FOUNDER JIMMY

time to read

1 mins

February 23, 2026

Financial Express Kochi

...India's new travel itinerary

THE SPIRITUAL TRAVEL momentum shows little sign of slowing.

time to read

1 min

February 23, 2026

Financial Express Kochi

Trump trade gamble to continue

THE SUPREME COURT may have ruled 6-3 against President Trump’s use of an international emergency law to impose tariffs.

time to read

1 min

February 23, 2026

Financial Express Kochi

New RBI norms may trim banks' fee income

MIS-SELLING GUIDELINES, BROKER FUNDING CURBS EXPECTED TO WEIGH ON BANK REVENUES

time to read

3 mins

February 23, 2026

Financial Express Kochi

'Performance matters; control matters just as much'

DataDirect Networks (DDN) is the only independent data intelligence technology Nvidia has relied on internally for the past eight years, and it’s been key to driving GPU efficiency inside Nvidia’s own AI infrastructure.

time to read

2 mins

February 23, 2026

Financial Express Kochi

VCs play the waiting game

MULTIPLE FUNDS ARE often seen investing in the same late-stage rounds, although there is an abundance of capital.

time to read

1 min

February 23, 2026

Financial Express Kochi

MNC share in Indian pharma market shrinking

THE SHARE OF multinational drug companies in India's pharmaceutical market has decreased by a third in the last decade.

time to read

1 min

February 23, 2026

Listen

Translate

Share

-
+

Change font size