Tag Archives: carbon emissions

The climate change threat vs the growth conundrum

Photo by Theresa Cua - ASEF

Budapest – It is an indication of how pervasive the threat of climate change has become that the foreign ministers of some of the world’s most powerful and wealthy countries should address it as a “security challenge,” albeit a “non-traditional” one. Climate change, along with nuclear safety, terrorism, piracy and organized crime were among the topics discussed by the diplomats when they met for the 10th Asia-Europe Meeting (ASEM) in Godollo, near Budapest in Hungary, on June 6 and 7.

However, it was climate change more than any other issue that fed into the various strands of the debate between the Asian and European ministers. Consider, for instance, some of the other topics now regarded as “non-traditional security challenges”: energy security, food and water security, inclusive growth and poverty reduction. These are all issues that are affected in one way or another by the environmental debate.

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Creating a climate for change

Illustration by Manos Symeonakis

Over the last few months, Greeks have become accustomed to the idea that they need to adjust the way they live in order to survive. In the years to come this may stand them in good stead among their European peers when it comes to environmental, not just economic issues, because the European Commission’s latest targets for emissions cuts are going to require serious changes to daily lives across the continent.

After extensive economic modeling, the Commission earlier this month adopted a “roadmap” for transforming Europe into a competitive low-carbon economy. The proposal, which is now being put to member states, MEPs and EU leaders, calls for an 80 percent reduction in bloc emissions — compared to 1990 levels — by 2050. Unsurprisingly, there is intense debate over whether this target is ambitious enough.

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