Prøve GULL - Gratis

One step forward, two backward

Financial Express Pune

|

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.

FLERE HISTORIER FRA Financial Express Pune

Financial Express Pune

Distortion of history, disdain for future

Politicians love to take liberties with history.

time to read

3 mins

December 14, 2025

Financial Express Pune

Five new chocolate boutiques in Paris

Inside Cedric et la Chocolaterie, the new Paris chocolate shop from the celebrity pastry chef Cedric Grolet - a tattooed 40-year-old with boutiques from St Tropez to Singapore - a wall of molten chocolate sluices downward, dazzling the fans who line up daily to enter the hallowed space.

time to read

4 mins

December 14, 2025

Financial Express Pune

I-T dept sends SMS, emails for bogus political donation claims

THE INCOME TAX department has started sending SMS and email advisories to taxpayers for wrongful deduction claims related to unrecognised political parties or charitable institutions, the finance ministry said on Saturday.

time to read

1 min

December 14, 2025

Financial Express Pune

Shiprocket eyes ₹2,342-cr IPO

GOING BY THE papers filed on Friday, the company plans to use the proceeds to support the growth of Ship rocket's platforms by investing in marketing initiatives.

time to read

1 min

December 14, 2025

Financial Express Pune

Indian vacationers favour foreign shores

THE COMPOSITION OF outbound travel underscores the shift.

time to read

2 mins

December 14, 2025

Financial Express Pune

It’s wok-ing!

From immersive cafes and casual dining to luxe reinterpretations, pan-Asian remains a perennial favourite, with most new openings favouring the cuisine

time to read

6 mins

December 14, 2025

Financial Express Pune

How Bazball bubble burst Down Under

CRICKET IS PLAYED on the field, not in the imagination of the contestants.

time to read

4 mins

December 14, 2025

Financial Express Pune

The shot that saves

Time travel across a century of India's vaccine story

time to read

4 mins

December 14, 2025

Financial Express Pune

Railways deactivates 30.3 mn fake accounts

MINISTER FOR RAILWAYS Ashwini Vaishnaw on Saturday stated that the Indian Railways deactivated 30.3 million fake accounts from IRCTC website.

time to read

1 min

December 14, 2025

Financial Express Pune

MG Windsor zooms past Tata to take EV crown

FOR THE FIRST time since electric vehicle (EV) sales took off in India in 2020, a non-Tata car will lead a calendar year’s sales.

time to read

1 min

December 14, 2025

Listen

Translate

Share

-
+

Change font size