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World Bank fund to insure against climate disasters

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UN climate summit

NUSA DUA (Indonesia): The World Bank today launched a new $150 million fund intended to help ensure vulnerable countries against natural disasters and the increasing risk of climate change-linked crises.
The announcement follows a string of recent natural disasters across the world including record storms and a series of deadly quakes in Indonesia, where the Bank and International Monetary Fund are currently meeting.
The so-called Global Risk Financing Facility (GRiF), set up with money from Germany and Britain, will finance the creation of disaster insurance and other risk mechanisms so funds are available immediately when crises hit.
“What we are seeking to do… is to change the whole system so countries can rely on funding when necessary that’s reliable, that’s adequate, that’s rapid,” said Matthew Rycroft, permanent secretary for Britain’s Department for International Development.
“If they combine that with national systems that work well, it can have a very significant benefit,” he added at a panel announcing the fund. The World Bank and other international institutions already have several mechanisms in place to help nations adapt to the risk of a changing environment.

 

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Mention of ‘fossil fuels’ cut from videos at UN climate talks

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UNGA  defends "landmark" migration compact

KATOWICE: Videos produced by environmental groups to be shown to thousands of participants in a major UN climate summit were banned by organizers for mentioning fossil fuels, in a move campaigners say amounts to censorship.
AFP has obtained emails sent by the United Nations to NGOs asking them to remove frames referring to “dirty energy” and “pipelines”, claiming that they breached the UN climate convention’s rules of participation.
The COP24 climate talks, which wrapped up Friday in Poland, brought together more than 20,000 officials, ministers, activists and business representatives from across the world.
Among those accredited to observe the process were a host of pressure groups whose goals vary enormously.
Green campaigners complain that so-called “business-interest NGOs” — known as BINGOs – representing big energy firms are allowed to participate with very little oversight.
They allege these groups use their industry connections to influence national negotiators in the process of hammering out a global plan to limit temperature rises and avert runaway planetary warming.
Environmental NGOs prepared a series of short films that were destined to be shown on large screens near the entrance to the sprawling COP24 complex in the Polish mining city of Katowice.
But after submitting the films for what they thought would be a pro-forma review, the UN objected to several frames mentioning fossil fuel-related activity.
In one email the UN liaison body asked for a shot containing the words “dirty energy” to be removed. It also asked that the phrases “prohibit the participation of fossil fuel corporations” and “why are politicians still approving pipelines, coal plants and fracking” be cut.
The climate convention prohibits “activity derisory to the UN, any of their member states, organizations or any individual or criticism that would go against basic rules of decorum”.
But campaigners say their videos did not contravene these guidelines, as no specific country or company was named.
“The videos are otherwise of excellent quality and it would be a shame to exclude these high-quality videos on the basis of one or two short frames,” the UN emailed.
The COP24 takes place against the backdrop of the direst environmental warnings.
In October, a landmark report by a UN body of experts, the IPCC, highlighted for the first time the need to drastically cut fossil fuel use in order to rein in greenhouse gas emissions.
Exponents of coal and oil have long argued the world can continue using carbon-producing fuels as long as the emissions they produce can be sucked back out of the atmosphere.
The IPCC suggested the science showed otherwise.
“While we’re being silenced, the same coal, oil and gas companies responsible for the crisis are allowed to plaster the halls with their logos and propaganda,” Pascoe Sabido, researcher and campaigner at the Corporate Europe Observatory, told AFP.
“How can these negotiations help us keep fossil fuels in the ground like the IPCC recommends if we’re not even allowed to mention dirty energy or gas pipelines?”
A UN spokesman told AFP the organization had used “our best judgment to ensure that the videos displayed at this particular site are suitable”.
COP24 host Poland has come in for criticism for enlisting several state-run coal and energy firms to sponsor the talks.
Another group was last week prevented from handing out fliers listing coal company sponsors.
Eilidh Robb, a volunteer with the UK Youth Climate Coalition said COP24 organizers were cracking down on any mention of fossil fuels.
“There seems to be a real fear coming from the Polish presidency of naming both countries or corporations even though they are accredited to be here,” she told Media.

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Environment

Supreme Court orders removal of Bill Boards

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Chief Justice asks to reduce school fee

KARACHI: According to sources Supreme Court has ordered the removal of billboards from the roads all over Pakistan.

It is pertinent to mention here that,  it was NewsPakistan.tv that has run an extensive campaign against the oversized billboards in Karachi. 

Will billboards now produce oxygen for 20 million suffocating Karachiites?

According to details Supreme Court (SC), Friday dismissed review petition, filed by some aggrieved parties and directed the government to remove billboards from Lahore city including Defense Housing Authority within a three-month period. A three-judge bench headed by Chief Justice Mian Saqib Nisar heard the review petition and directed authorities concerned to remove billboards within the stipulated time, otherwise, adverse action would be taken. Senior lawyer Latif Khosa pleaded the court that billboards enhance the beauty of the city.  On this, the chief justice said billboards were not placed on bridges in rest of the world, quoting an example of one of his acquaintances who died due to billboard collapse. Imanullah Mirani, counsel for a company, pointed out that billboard business was adding Rs36 billion to the national exchequer and appealed the apex court to continue this business as this sector was generating revenue in billions for the government. The chief justice said billboards should be made for specific places. They were not placed on bridges as they could fall down on vehicles and may cause causalities, he added.

 

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Environment

Earthquake shakes KPK today

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ISLAMABAD: A 5.3 magnitude earthquake jolted parts of Khyber Pakhtunkhwa (KP) and its surrounding areas today.
According to the Pakistan Meteorological Department (PMD), it jolted KP including Lower Dir, Buner, Swat, Battagram, Swabi and Malakand districts, reported private news channel.
The depth of the quake was estimated to be 113km while its epicenter was Hindu Kush mountain region in Afghanistan.

 

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