"Not one single nation among you can afford this, as climate disasters rip double digits off GDP, he warned. To falter whilst mega droughts wreck national harvests, sending food prices soaring, makes zero sense, economically and politically. To squabble while famines take hold, forcing millions to flee their homelands, this will never be forgotten, as conflicts spread."
"The two weeks of talks, hosted by Brazil in the Amazonian city of Belem, will focus on reducing greenhouse gas emissions, setting a path for the transition away from fossil fuels, and providing the finance needed to protect poor countries against extreme weather. Temperatures have already surpassed the 1.5C threshold agreed under the 2015 Paris treaty for the last two years, but only if that continues for several more years will the rise be judged permanent and a breach of the treaty."
Governments that fail to shift to a low-carbon economy will be blamed for causing famine and conflict abroad and will suffer stagnation and rising inflation domestically. Climate disasters can shave double-digit percentages off national GDP, while mega droughts can devastate harvests and send food prices soaring. Famines can force millions to flee, spreading conflict. International talks in Belem will seek greenhouse gas reductions, a transition away from fossil fuels, and finance to protect vulnerable countries. Global temperatures have exceeded the 1.5C threshold for two years; scientists say rapid methane cuts and low-carbon technologies could help return toward that limit.
Read at www.theguardian.com
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