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Climate promises
Business Standard
|November 20, 2025
They are bouncing. It’s time for a bank of actions
After nearly 10 days of intense negotiations, the message rings clear from the rooms in Belém: We are in the hard part of this Conference of Parties (COP).
The opening rhetoric has faded, and the task now is to structure a response commensurate with the climate crisis unfolding outside these halls. The grim drumbeat of climate impacts provides the only true scorecard: Landslides from relentless rain have killed dozens in Indonesia and Vietnam; a powerful tornado has struck Portugal; and a new study in Nature reveals that in Mumbai, rain causes over 8 percent of the deaths during the monsoon, with the burden falling overwhelmingly on the vulnerable. The first half this year alone saw weather catastrophes cause over $100 billion in damage. This is not future risk; this is the brutal arithmetic of a changing climate now translating into a haemorrhaging balance sheet.
‘The Paris Agreement’s (in 2015) framework of blending top-down ambition with bottom-up action helped steer the world from a catastrophic 3-3.5 degrees Celsius trajectory a decade ago to 2.3-2.6 degrees Celsius now. But a decade on, we have rewarded makers of promises over keepers of promises. The process under the United Nations Framework Convention on Climate Change (UNFCCC) risks becoming a ledger of broken commitments. It is time to transform it into a “bank of actions”. For this to happen, the final days in Belém must deliver on three non-negotiables,
यह कहानी Business Standard के November 20, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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