Denemek ALTIN - Özgür
One step forward, two backward
Financial Express Chandigarh
|November 27, 2025
THE WORLD NEEDS A NEW MULTILATERAL ARCHITECTURE FOR A NEW PHASE OF CLIMATE ACTION
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.
Bu hikaye Financial Express Chandigarh dergisinin November 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Financial Express Chandigarh'den DAHA FAZLA HİKAYE
Financial Express Chandigarh
Google puts a crack in fortress Nvidia
JENSEN HUANG DIDN'T earn the nickname “Godfather of AI” for nothing.
3 mins
November 27, 2025
Financial Express Chandigarh
Bajaj enters e-rickshaw mkt with Riki
BAJAJ AUTO HAS entered the e-rickshaw segment with the launch of the Riki 3W on Wednesday.
1 min
November 27, 2025
Financial Express Chandigarh
UK cuts tax-free allowance for cash savings
BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.
1 mins
November 27, 2025
Financial Express Chandigarh
Torrent nears deal to buy L&T unit for $1.2 bn
TORRENT POWER'S TALKS to acquire Larsen & Toubro's (L&T) thermal power business are at an advanced stage, with an agreement expected to be reached before the year-end, people familiar with the discussions said.
1 min
November 27, 2025
Financial Express Chandigarh
Indices near all-time high as bears go into hiding
· DIIs pump in ₹7 lakh crore, highest in a year
1 mins
November 27, 2025
Financial Express Chandigarh
US-Russia talks gain momentum
A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.
1 min
November 27, 2025
Financial Express Chandigarh
JPMorgan sees Nifty at 30k by 2026 end
THE NIFTY 50 index could climb to 30,000 by end2026, implying an upside of about 15% from current levels, supported by steady fiscal and monetary policy that are expected to fuel demand, JPMorgan said on Wednesday.
1 min
November 27, 2025
Financial Express Chandigarh
IMF directors urge India to replenish fiscal buffers
WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.
1 min
November 27, 2025
Financial Express Chandigarh
Rooftop solar capacity up 161% in Apr-Sept
INDIA ADDED A record 4.
1 mins
November 27, 2025
Financial Express Chandigarh
One step forward, two backward
THE WORLD NEEDS A NEW MULTILATERAL ARCHITECTURE FOR A NEW PHASE OF CLIMATE ACTION
4 mins
November 27, 2025
Listen
Translate
Change font size

