In another tweet from November 2012, Trump called global warming “nonexistent”.
“I again appeal to the President-elect of the US Donald Trump to show leadership on this issue by abandoning his position that man-made climate change is a hoax“, said Mr Bainimarama.
With the focus of this year’s climate summit on delivering what was agreed last year, no governments volunteered tougher emission cuts, although an alliance of 47 countries including Bangladesh, Ethiopia and Costa Rica pledged to aim for 100% clean energy.
Fund is the first ever private adaptation and resilience investment vehicle with a $500 million blended finance fund, combining concessional finance and private investment capital.
A lot of companies are concerned about the environmental policies of the new president.
Since our stakes are high, our engagement level should also be high in the COP-22 meeting in Marrakech and we should commit voluntary emission reductions subject to global support.
The conference which was dominated by reports that USA under its President-elect Trump threat to pull out from the pact, conference president Salaheddine Mezouar brought down the gavel, passing a document in which parties agree to meet again in 2017 to “review progress”.
US representatives in Marrakech sought to reassure counterparts over the last two weeks that the success of the Paris agreement does not hinge on the policies of any single administration. “But when you have a climate skeptic elected into office in one of the most powerful countries in the world, it does not send a very reassuring message”. Global cooperation rooted in strong national action is essential, he noted, saying that no country, irrespective of its size or strength, is immune from the impacts of climate change, and no country can afford to tackle the climate challenge alone.
Matt Patsky, CEO of Trillium Asset Management, said that Trump can not ignore the irreversible momentum business and investment community have generated to fight climate change.
But, Turnbull added, “countries and social movements came together to keep pushing forward at a time when resolve is essential”.
Bill Hare, director of the Climate Analytics research group, said the U.S.in on the right path toward meeting its target “but a bit more is needed to get there”. This document represents a treaty signed by the U.S. and other countries bound to assure the reduction of greenhouse gasses. “Countries know in which direction they have to go but they also understand that it is in their self-interest”, said Fankhauser.
In addition to the proclamation, an alliance of 47 of the countries most vulnerable to climate change, such as Ethiopia and the Marshall Islands, committed to transforming their economies to rely 100 percent on renewable power “as rapidly as possible”.
“If he follows his pledges during the campaign, other developed nations should step up”, Xie said. “It’s all of our responsibility to make sure we continue to raise the level of ambition rather than let Trump drag us under the rising seas”, Boeve said.
An agreement was reached to complete the so-called rule book by 2018, a more ambitious timeline than initially envisaged. Faced with the magnitude of what is required for dealing with the impacts of climate change, turning billions into trillions is indispensable.
Bai Yunwen, a climate researcher at Greenovation Hub, said that other developing countries face more pressure on climate finance if the United States withdraws, “because other developed nations may lack the motivation to comply if the United States withdraws”.