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COPYRIGHT 2010 Al Bawaba (Middle East ) Ltd.
10/3/2010 5:44:47 AM Some 3,000 delegates will converge in the northern port city of
China, the world's biggest emitter of greenhouse gases and blamed by many developing nations for derailing last year's Copenhagen talks, hopes to use the event to showcase its green credentials.
The
The final objective is a treaty aimed at curbing the greenhouse gases that scientists say cause global warming, which in turn could have catastrophic consequences on the world's climate system.
"Tianjin... is where governments will need to cut down the number of options they have on the table, identify what is achievable... and muster political compromises that will deliver what needs to be done in Cancun," Christiana Figueres, the UN climate chief, said.
Incremental progress
But even the most optimistic forecasts for the six days of talks foresee only incremental progress amid the continuing fallout from last year's failure in
"Our expectations are not very high, in the sense that we have not witnessed a willingness from governments to really move the negotiations forward," Wendel Trio, the climate policy director for Greenpeace International, told the AFP news agency.
Many are hoping the treaty will not face any hiccups and be sealed in South Africa a year later, in time to replace the Kyoto Protocol that expires at the end of 2012.
Analysts say
"We think this is a significant step showing that
"It's probably trying to show it is... taking the lead in negotiations and [does not want to be] seen as obstructionist."
Sticking point
Nevertheless,
One of the highly-sensitive issues is how much money developing countries will receive to help them deal with climate change.
In
Wen Jiabao, the Chinese premier, on a two-day visit to
"To modernise
Wen said he signed two agreements on economic co-operation in commercial shipping with George Papandreou, the Greek prime minister, to set up a "research centre devoted to the reduction of greenhouse gas emissions in the merchant navy".
"The merchant marine is an important sector of co-operation between the two countries because 60 per cent of crude oil is imported in
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Source Citation
"China
ANALYSIS: China to host UN climate talks
Newswire, October 4, 2010, Provided by Syndigate.info an Albawaba.com company
To Contribute to the UN's plans to prevent global warming, China has stepped up to host the meeting where matters of the greenhouse gases contributing to global warming are going to be discussed. The meeting will take place in Tianjin, and the UN says that China has already shown to be a good contributor to the cause, despite being one of the biggest emitters of greenhouse gases. The new agreement will replace the Kyoto Protocol in South Africa before 2012 if agreed to, and the UN already had its doubts since many governments didn't side with the idea completely. It is also planned that Cophagen would give developing countries an initial $30 billion, and rising to a total of $100 billion by 2020. Tianjin will be the center of which everything will be set as concrete. China's shipping giant Cosco also signed an agreement to decrease greenhouse gas emissions with the Greek Prime Minister George Papandreou, since China and Greek ship to each other more so then other countries.
Strands it relates to:
This Article relates to "Business, Trade and the Economy" because adjustments need to be made to China's methods of exporting goods to countries like Greece which may also affect its economy. Other ways this strand relates is that money will be given to developing countries in order to help them get accustomed to the climate change process. It also relates to "Factors influencing success in global markets" because the weather is an important factor when it comes to shipping and transporting goods. The weather changing too drastically will affect things like transportation, and scientists believe global warning can bring catastrophic events. Lastly, it largely relates to the Global Environment for business because if greenhouse gases aren't decreased, global warming will happen. If it does happen, business can decline greatly in places that rely on the weather to work, like China.
Thoughts and Opinions
Personally, I agree with UN's decision with making a new "back-up" agreement to decrease greenhouse gases with China. This is partly because according to the article, China is one of the biggest emitters of the gases in the first place. If China keeps taking steps at decreasing the amount of pollution they release with shipping and such, it'll really help keep global warming from happening. Also if China does it, other countries might follow, and efforts will not be in vain. It just seems like a better world to do business in if the condition of it stays healthy.
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