Davos: Calls to Increase Investment in Climate Protection

John Kerry, US Special Envoy for Climate, walks to the Davos Congress Center, the venue of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023. REUTERS/Arnd Wiegmann
John Kerry, US Special Envoy for Climate, walks to the Davos Congress Center, the venue of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023. REUTERS/Arnd Wiegmann
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Davos: Calls to Increase Investment in Climate Protection

John Kerry, US Special Envoy for Climate, walks to the Davos Congress Center, the venue of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023. REUTERS/Arnd Wiegmann
John Kerry, US Special Envoy for Climate, walks to the Davos Congress Center, the venue of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023. REUTERS/Arnd Wiegmann

US special presidential envoy for climate John Kerry has praised Germany's climate policy, expressing his confidence that Berlin would be able to limit global warming to 1.5 degrees.

"We can hit 1.5 [degrees warming]," said Kerry, adding that: "We are not on track to do it now, and it is not absolutely clear that we will get on track. Globally, we are heading to 2.5, somewhere in the high twos right now. And we really must turn that around."

During the "Keep the Pace on Climate" panel at the World Economic Forum (WEF) in Davos, the former Secretary of State expressed optimism about Germany achieving its climate goals to limit the rise in global temperature to no more than 1.5 degrees.

"Germany can achieve this,” he said.

However, Kerry warned that the world is heading towards global warming of 2.5 degrees or more, noting that investments in climate protection must be doubled.

He expressed his belief that combating climate change can only succeed if governments create incentives for the private sector to invest in environmentally friendly technologies.

"The private sector is absolutely key to our ability to be able to win this battle."

The US IRA, signed into law in August 2022, unlocks significant climate financing and establishes major incentives for the private sector and investors to decarbonize hard-to-abate sectors.

He noted that the law provides billions of dollars in investments in climate protection and the social sphere.

However, the European Commission believes that the law harmed European Union companies and raised fears of moving production centers to the United States and losing jobs.

Meanwhile, environmental activist Greta Thunberg said it was "absurd" that people take seriously the ideas related to climate change that was put forward in Davos.

Thunberg said that people should listen to those on the frontline in the climate crisis.

In 2020, Thunberg attended the World Economic Forum and had verbal confrontations with former US President Donald Trump.

"We must panic" because "the house is on fire,” she has said.

A few days ago, Thunberg attended a protest in Germany on the coal mine expansion in Luetzerath, west of the country.

She was arrested for a few hours on the sidelines of that protest, according to a police source.



Blinken Meets China’s Wang after Chiding Beijing’s ‘Escalating Actions’ at Sea

US Secretary of State Antony Blinken speaks at the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos, July 27, 2024. (Reuters)
US Secretary of State Antony Blinken speaks at the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos, July 27, 2024. (Reuters)
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Blinken Meets China’s Wang after Chiding Beijing’s ‘Escalating Actions’ at Sea

US Secretary of State Antony Blinken speaks at the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos, July 27, 2024. (Reuters)
US Secretary of State Antony Blinken speaks at the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos, July 27, 2024. (Reuters)

US Secretary of State Antony Blinken met his Chinese counterpart Wang Yi on Saturday during a regional summit in Laos, hours after criticizing Beijing's "escalating and unlawful actions" in the South China Sea.

Blinken and Wang shook hands and exchanged greetings in front of cameras but made no comments before moving to closed-door talks in what will be their sixth meeting since June 23, when Blinken visited Beijing in a significant sign of improvement for strained relations between the world's two biggest economies.

Though Blinken had singled out China over its actions against US defense ally the Philippines in the South China Sea during a meeting with Southeast Asian counterparts earlier on Saturday, he also lauded the two countries for their diplomacy after Manila completed a resupply mission to troops in an area also claimed by Beijing.

The troop presence has for years angered China, which has clashed repeatedly with the Philippines over Manila's missions to a grounded navy ship at the Second Thomas Shoal, causing regional concern about an escalation.

The two sides this week reached an arrangement over how to conduct those missions.

"We are pleased to take note of the successful resupply today of the Second Thomas shoal, which is the product of an agreement reached between the Philippines and China," Blinken told ASEAN foreign ministers.

"We applaud that and hope and expect to see that it continues going forward."

GAZA SITUATION 'DIRE'

Blinken and Wang attended Saturday's security-focused ASEAN Regional Forum in Laos alongside top diplomats of major powers including Russia, India, Australia, Japan, the European, Britain and others, before heading to their meeting.

Blinken said earlier the United States was "working intensely every single day" to achieve a ceasefire in Gaza and find a path to more enduring peace and security.

His remarks follow those of Indonesian Foreign Minister Retno Marsudi, who said the need for sustainable peace was urgent and international law should be applied to all. The comment from the world's largest Muslim-majority nation, was a veiled reference to recent decisions by two international courts over Israeli's Gaza offensives.

"We cannot continue closing our eyes to see the dire humanitarian situation in Gaza," she said.

More than 39,000 Palestinians have been killed in the fighting in Gaza since Israel launched its incursion, according to Palestinian health authorities, who do not distinguish between fighters and non-combatants.

Israeli officials estimate that some 14,000 fighters from armed groups including Hamas and Islamic Jihad, have been killed or taken prisoner, out of a force they estimated to number more than 25,000 at the start of the war.

The war began when Hamas fighters attacked Israel on Oct. 7, killing 1,200 people and abducting some 250 others, according to Israeli tallies.

Also in Laos, Russia's Foreign Minister Sergei Lavrov said guidelines on the operation of US nuclear assets on the Korean peninsula were certain to add to regional security concerns.

Lavrov, according to South Korean news agency Yonhap, said he had not been briefed on the details of the plan, which was of concern to Russia.

"So far we can't even get an explanation of what this means, but there is no doubt that it causes additional anxiety," Russia's state-run RIA new agency quoted him as saying.

'THIS IS NOT SUSTAINABLE'

Ahead of Saturday's two summits, Australian Foreign Minister Penny Wong urged Myanmar's military rulers to take a different path and end an intensifying civil war, pressing the generals to abide by their commitment to follow ASEAN's five-point consensus peace plan.

The conflict pits Myanmar's well-equipped military against a loose alliance of ethnic minority rebel groups and an armed resistance movement that has been gaining ground and testing the generals' ability to govern.

The junta has largely ignored the ASEAN-promoted peace effort, and the 10-member bloc has hit a wall as all sides refuse to enter into dialogue.

"We see the instability, the insecurity, the deaths, the pain that is being caused by the conflict," Wong told reporters.

"My message from Australia to the regime is, this is not sustainable for you or for your people."

An estimated 2.6 million people have been displaced by fighting. The junta has been condemned for excessive force in its air strikes on civilian areas and accused of atrocities, which it has dismissed as Western disinformation.

ASEAN issued a communique on Saturday, two days after its top diplomats met, stressing it was united behind its peace plan for Myanmar, saying it was confident in its special envoy's resolve to achieve "an inclusive and durable peaceful resolution" to the conflict.

It condemned violence against civilians and urged all sides in Myanmar to cease hostilities.

ASEAN welcomed unspecified practical measures to reduce tension in the South China Sea and prevent accidents and miscalculations, while urging all stakeholders to halt actions that could complicate and escalate disputes.

The ministers described North Korea's missile tests as worrisome developments and urged peaceful resolutions to the conflicts in Ukraine, as well as Gaza, expressing concern over the dire humanitarian situation and "alarming casualties" there.