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Innovative Financial Advisors Pvt. Ltd. - Un Report Suggests, Climate Change Impact ‘irreversible’

By Author: Rahul Choudhury
Total Articles: 42

As per to the UN draft report which is to be published on 2nd of November, 2014 Climate change may have "serious, pervasive and irreversible" impacts on human society and nature. The report which is due for approval this week conveys that the governments may still have time to avert the worst. Innovative Financial Advisors Pvt. Ltd. suggests strong measures need to be taken and strict action on ground is the need of the hour.

For editing of the report delegates from more than 100 governments and top scientists will be meeting in Copenhagen on Oct 27-31. The draft is meant to be as the main guide for nations working on a U.N. deal to fight climate change at a summit in Paris in late 2015.

European Union leaders have agreed to cut emissions by 40 percent below 1990 levels by 2030, shifting from fossil fuels towards renewable energies, and urged other major emitters led by China and the United States to follow suit. Innovative Financial Advisors Pvt. Ltd. suggests that though India is low on carbon emission but will soon be regarded as one of the major emitters if the emissions are not cut short.

As per the Peruvian Environment Minister Manuel Pulgar-Vidal, who will host a U.N. meeting of environment ministers in Lima in late 2014 to lay the groundwork for the Paris summit this report ‘will be a guide for all nations’. The synthesis report by the Intergovernmental Panel on Climate Change (IPCC), concluding on three mammoth scientific reports published since September 2013. Innovative Financial Advisors Pvt. Ltd. believes it would show the need for urgent and ambitious action in the forth coming years.

The key points in the report need to be highlighted with clear and vivid written warnings of powerful storms, heat waves, floods and rising seas. The United States have suggested some tables "may be impenetrable to the policymaker or public". In a paragraph summing up the risks, the draft says that a continued rise in world greenhouse gas emissions is "increasing the likelihood of severe, pervasive and irreversible impacts for people and ecosystems." It adds that "a combination of adaptation and substantial, sustained reductions in greenhouse gas emissions can limit climate change risks."

The analysis done by governments, the European Union suggested that the IPCC should add that "all regions are affected, regardless of wealth". The United States have asked for clarification of the meaning of "irreversible". Past reports have warned that warming could, for instance, trigger impacts irreversible on human time scales such as a runaway meltdown of Greenland's ice that would raise sea levels and swamp coasts from Florida to Bangladesh.

As per the IPCC which is at least 95 percent certain that human activities, led by the burning of fossil fuels, are the main cause of climate change since 1950, up from 90 percent in the previous assessment in 2007 and 66 percent in 2002.

By Rahul Choudhury

Media Team – Innovative Financial Advisors Pvt. Ltd.

Resource: Innovative Financial Advisors Pvt. Ltd. is associated with Health organizations for their CSR activities across India.


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