मंगलवार, 12 सितंबर 2023

Climate crisis: Africa is talking but is the west listening?

The Kenyan president, William Ruto, at the first Africa Climate Summit in Nairobi.

Climate crisis: Africa is talking but is the west listening?

in Nairobi

Africa’s largest meeting on the crisis finished last week amid arguments over ‘false solutions’ and unfulfilled promises. But will the lofty ideals presented translate into better lives for Africans?

Earlier that morning, the Nairobi Declaration had been adopted as a blueprint to guide the continent in future negotiations with the west in global forums such as the G20 meeting; the UN general assembly; the annual meetings of the World Bank Group and the International Monetary Fund; and Cop28.

At the heart of the declaration was Africa’s vulnerability to the vagaries of the climate crisis despite its small carbon footprint. Africa’s cities, the declaration states, will be home to more than 1 billion people by 2050, whose levels of poverty and inequality will make them more vulnerable to the hazards that have turned these areas into “disaster hotspots”. The urban poor are among the 600 million Africans without access to electricity and the 970 million who lack access to clean cooking technologies, despite Africa being touted as the next frontier fo

That the continent is unable to adapt to the climate crisis formed the bulk of last week’s talks and the declaration. Africa, according to the climate summit paper published by conservation charity WWF, needs $2.8tn between 2020 and 2030 to effectively implement the ambitious climate pledges set out by most African countries. While the declaration called on developed countries to honour the commitment to provide $100bn in annual climate finance as promised 14 years ago at the Copenhagen conference, the Kenyan president, William Ruto, was reluctant to take up the “you messed up, you must pay up” route.

“This is no ordinary summit,” Ruto told the 30,000 delegates. “We are not here just to talk about Africa or climate change in the usual way, which often accentuates our divisions – north versus south, developed versus developing, polluters versus the victims.” The summit, he outlined, was not to “catalogue grievances and list problems”, but “scrutinise ideas, assess perspectives and unlock solutions”. But all the ideas, perspectives and solutions discussed at the summit still hinged on wealthy states’ willingness to fulfil past pledges.

Almost every African country present at the summit walked away with a financing deal with western institutions. A final communique commended the “progressive capital commitments made during the week” totalling $26bn from public, private, and multilateral development banks, philanthropic foundations and dedicated partners in the development finance community. There could have been more unpublished pledges, summit organisers said.

As African leaders vowed not to play victims any more, the global north representing key polluters was watching, not from the sidelines but at the centre of the talks. Among the key speakers was John Kerry, Joe Biden’s climate envoy. His presence here, according to Kenya’s Daily Nation newspaper, seemed to have irked Uganda’s leader, Yoweri Museveni, who “could not sit and be lectured by [Kerry]”. Museveni did not attend the summit and neither did South Africa’s president, Cyril Ramaphosa. With up to 70% of power in South Africa coal-generated and the country’s coal exports to Europe expected to face carbon import tax, Ramaphosa would have been uncomfortable engaging with European leaders at the summit, including the EU Commission president, Ursula von der Leyen. Bola Tinubu, the president of Nigeria – one of Africa’s largest oil producers – also didn’t attend, taking the view that Nigeria shouldn’t be lectured by the world’s worst emitters.

Five hundred African civil society groups under the umbrella of the Africa People’s Climate Assembly, organised what they called the Real Africa Climate Summit. The organisations were concerned about what they called “false solutions” that were on the summit’s agenda, such as carbon markets, carbon credits and the use of technology as a viable alternative to phasing out harmful fossil fuels. These concepts, they said, are led by global north interests “and are being marketed as African priorities when in reality they will embolden wealthy nations and large corporations to continue polluting Africa”.

Maimoni Ubrei-Joe, a climate justice and energy programme coordinator at Friends of the Earth Africa, was blunt on the extractive exploitation model used by key polluters: “What should be Africa’s focus now is to stop the contributors to climate change at source and not look for shortcuts to keep extracting using the smokescreen of the carbon market, geoengineering and other false solutions. This Nairobi Declaration is short of these ideas and it could just be another beautiful document heading for the shelves.”

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A few days before the summit, these organisations had written to President Ruto asking him to take charge of the talks, which they said were at risk of being hijacked by interested parties from the west. The US-based consultancy firm McKinsey & Company was identified as having helped shape the summit’s concept note, which the organisations said did not champion Africa’s interests but those of the US and “the western corporations they represent”. They added: “Rather than advancing Africa’s interests and position on critical climate issues, the summit has been seized by western governments, consultancy companies and philanthropic organisations hellbent on pushing a pro-west agenda and interests at the expense of Africa.”

Still, many say it was a good show for Africa, in Africa. But only time will tell if the lofty ideals presented at the summit will translate into better and healthier living standards for Africans. As Kerry put it: “The words come easily. The actions seem to be a bit more difficult. Africa is meeting. Africa is talking. Africa is deciding.”


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सोमवार, 4 सितंबर 2023

Seoul's spy agency says Russia has likely proposed North Korea to join three-way drills with China.


Koreas Tensions Russia
SEOUL, South Korea -- Russia has likely proposed that North Korea participate in three-way naval exercises with China, according to a lawmaker who attended a closed-door briefing with the director of South Korea's top spy agency Monday.

The briefing came days after Russia’s Ambassador to North Korea, Alexander Matsegora, told Russian media that including North Korea in joint military drills between Russia and China “seems appropriate.” Matsegora added it was his own point of view and that he wasn’t aware of any preparations, according to Russia's Tass news agency.

According to lawmaker Yoo Sang-bum, when South Korean National Intelligence Service Director Kim Kyou-hyun was asked about the possibility of such drills, he said Russian Defense Minister Sergei Shoigu likely proposed holding trilateral naval exercises with North Korea and China while meeting North Korean leader Kim Jong Un in July.

Kim Jong Un invited Shoigu to a major military parade in Pyongyang in July while vowing to expand military cooperation with Moscow, which U.S. officials say could involve North Korean supplies of artillery and other ammunition as Russian President Vladimir Putin reaches out to other countries for support in his war against Ukraine. Last week, the White House said Kim and Putin exchanged letters as Moscow looked to Pyongyang for more munitions.

Amid deepening nuclear tensions with Washington, Seoul and Tokyo, Kim Jong Un has been trying to boost the visibility of his partnerships with Moscow and Beijing as he seeks to break out of diplomatic isolation and have Pyongyang be a part of a united front against the United States.

Diplomacy between Pyongyang and Washington has stalled since 2019 over disagreements over the crippling U.S.-led sanctions against North Korea and the North’s faltered steps to wind down its nuclear weapons and missiles program.

In the briefing, the service director Kim Kyou-hyun also said that North Korea’s recent testing activities suggest its warplanes were highly reliant on its tactical nuclear systems as its aims to achieve swift victory over the South if war breaks out, as its otherwise ill-equipped military would struggle to handle a prolonged war, according to lawmaker Yoo.

Kim has used the international focus on Russia’s war on Ukraine to dial up his weapons demonstrations, which have included more than 100 missile launches since the start of 2022. Kim’s testing spree has been punctuated by verbal threats of pre-emptive nuclear attacks against South Korea and other rivals if the North perceives its leadership as under threat.


शुक्रवार, 1 सितंबर 2023

चीन का आर्थिक संकट

चीन लंबे समय से वैश्विक विकास का इंजन रहा है।

 लेकिन हाल के सप्ताहों में, इसकी आर्थिक मंदी ने अंतरराष्ट्रीय नेताओं और निवेशकों को चिंतित कर दिया है, जो अब इस पर भरोसा नहीं कर रहे हैं कि यह कहीं और की कमजोरी के खिलाफ एक सहारा बन सकता है।  दरअसल, दशकों में पहली बार दुनिया की दूसरी अर्थव्यवस्था ही समस्या बन गई है।

 हांगकांग का हैंग सेंग (एचएसआई) सूचकांक शुक्रवार को मंदी के बाजार में आ गया, जो जनवरी में अपने हालिया शिखर से 20% से अधिक गिर गया।  पिछले हफ्ते, चीनी युआन 16 वर्षों में अपने सबसे निचले स्तर पर गिर गया, जिससे केंद्रीय बैंक को अनुमानित बाजार मूल्य की तुलना में डॉलर के लिए बहुत अधिक दर निर्धारित करके मुद्रा की अपनी सबसे बड़ी रक्षा करने के लिए प्रेरित किया गया।

 मुद्दा यह है कि, इस साल की शुरुआत में कोविड लॉकडाउन हटने के बाद गतिविधियों में तेजी से बढ़ोतरी के बाद, विकास रुक रहा है।  उपभोक्ता कीमतें गिर रही हैं, रियल एस्टेट संकट गहरा रहा है और निर्यात में गिरावट आ रही है।  युवाओं में बेरोज़गारी इतनी बदतर हो गई है कि सरकार ने डेटा प्रकाशित करना बंद कर दिया है।

 हालात को बदतर बनाने के लिए, एक प्रमुख गृहनिर्माता और एक प्रमुख निवेश कंपनी ने हाल के सप्ताहों में अपने निवेशकों को भुगतान नहीं किया है, जिससे यह आशंका फिर से पैदा हो गई है कि आवास बाजार की निरंतर गिरावट से वित्तीय स्थिरता के लिए जोखिम बढ़ सकता है।

 घरेलू मांग को प्रोत्साहित करने के लिए ठोस उपायों की कमी और संक्रमण की आशंकाओं ने विकास दर में गिरावट का एक नया दौर शुरू कर दिया है, कई प्रमुख निवेश बैंकों ने चीन की आर्थिक वृद्धि के अपने पूर्वानुमानों को घटाकर 5% से नीचे कर दिया है।.             चीन की वित्तीय राजधानी शंघाई के क्षितिज पर 7 अगस्त को कब्जा कर लिया गया

 यिंग तांग/नूरफोटो/गेटी इमेजेज

 यूबीएस विश्लेषकों ने सोमवार के शोध नोट में लिखा, "हमने चीन की वास्तविक जीडीपी वृद्धि का अनुमान घटा दिया है... क्योंकि संपत्ति में मंदी गहरा गई है, बाहरी मांग और कमजोर हो गई है, और नीति समर्थन उम्मीद से कम रहा है।"

 

 नोमुरा, मॉर्गन स्टेनली और बार्कलेज़ के शोधकर्ताओं ने पहले अपने पूर्वानुमानों में कटौती की थी।

 इसका मतलब है कि चीन "लगभग 5.5%" के अपने आधिकारिक विकास लक्ष्य से चूक सकता है, जो राष्ट्रपति शी जिनपिंग के नेतृत्व में चीनी नेतृत्व के लिए शर्मिंदगी होगी।

 यह 2008 की वैश्विक वित्तीय मंदी से बहुत अलग है, जब चीन ने दुनिया में सबसे बड़ा प्रोत्साहन पैकेज लॉन्च किया था और संकट से उभरने वाली पहली प्रमुख अर्थव्यवस्था थी।  यह महामारी के शुरुआती दिनों से भी उलट है, जब चीन मंदी से बचने वाली एकमात्र प्रमुख विकसित अर्थव्यवस्था थी।  तो क्या ग़लत हुआ?             संपत्ति संकट

 चीन की अर्थव्यवस्था अप्रैल से मंदी में है, जब साल की मजबूत शुरुआत की गति फीकी पड़ गई।  लेकिन इस महीने प्रॉपर्टी बिक्री के मामले में देश की सबसे बड़ी डेवलपर कंपनी कंट्री गार्डन और एक शीर्ष ट्रस्ट कंपनी झोंगरोंग ट्रस्ट के डिफॉल्ट के बाद चिंताएं तेज हो गई हैं।

 रिपोर्ट में कहा गया है कि कंट्री गार्डन ने दो अमेरिकी डॉलर बांड पर ब्याज भुगतान में कमी की है, जिससे निवेशक भयभीत हो गए और एवरग्रांडे की यादें ताजा हो गईं, जिनके 2021 में ऋण चूक ने रियल एस्टेट संकट की शुरुआत का संकेत दिया था।

The One Thing written by Gary Keller and Jay papasan

The one thing The One Thing "The One Thing" किताब Gary Keller और Jay Papasan द्वारा लिखी गई है। इसका मुख्य संदेश है: "अ...