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President Ranil Wickremesinghe advocates bold climate action at COP28

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Addressing the 28th session of the Conference of Parties (CoP28) to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, UAE on Friday (01), President Ranil Wickremesinghe acknowledged the historical significance of the UN Conference on Human Environment, emphasizing its goal to defend and improve the environment for present and future generations. He referenced the alarming findings of the UNEP Report of 2023, titled “Broken Promises,” which warns of a 3-degree Celsius increase in global temperatures by the end of the century.

Highlighting the challenges faced by developing countries, President Wickremesinghe stressed the disproportionate vulnerability and impact due to lower adaptive capacities in Finance, Technology, and Climate investments. He cited the Independent High-Level Expert Group Report on Climate Finance, which underscored the need for at least a US$ Trillion per annum to combat climate change.

The President commended the Government of the United Arab Emirates for hosting the crucial event and expressed gratitude for their warm hospitality

Expressing concern about the lack of concrete measures in the Transitional Committee’s report on funding arrangements, the President called for a more transparent approach, particularly addressing issues of global debt relief. He questioned the wisdom of avoiding contentious issues, emphasizing the urgency of the climate crisis.

President Wickremesinghe advocated for climate justice accessible to all nations and proposed a resolution for a Climate Justice Forum. This forum, agreed upon at the 5th Forum of the Ministers of Environmental Authorities of Asia Pacific, aims to provide a platform for constructive and proactive engagements, with the proposal scheduled for the UN Environment Assembly on 6th February 2024.

Underlining the critical nature of the current period, the President urged immediate action to find effective solutions, thinking outside the box and investing in the Tropical Belt to tackle the Triple Planetary Crisis. The Tropical Belt, covering 134 countries and 44% of the Earth’s surface, holds rich biodiversity and potential for renewable energy. President Wickremesinghe announced plans for a panel to report on the Tropical Belt Initiative, emphasizing its global impact.

As the current Chair of the Indian Ocean Rim Association (IORA), President Wickremesinghe linked the health of the Indian Ocean to climate change. He stressed the need for a sustainable Blue Economy to counter the adverse effects of rising sea levels, ocean acidification, coral bleaching, and extreme weather patterns.

President Wickremesinghe also revealed plans to establish the International Climate Change University (ICCU) for capacity building and advancing research, operationalizing it next year. The ICCU aims to contribute significantly to global efforts to limit global warming to 1.5 degrees Celsius.

In conclusion, President Wickremesinghe’s address at COP28 outlined a comprehensive approach, blending regional initiatives like the Tropical Belt and the Indian Ocean with global measures, reflecting Sri Lanka’s commitment to climate action and leadership on the international stage.

The speech made by the President at the World Leaders Summit of the COP28:

“Chairperson, Excellencies, Esteemed Delegates, At the outset let me congratulate his highness and the Government of the United Arab Emirates for hosting COP28 and extend to you my gratitude for your warm hospitality.

The UNEP Report of 2023 “Broken Promises” warned that we are facing a 3 degree Celcius increase in global temperatures by the end of the century. It is we; the developing countries are both disproportionately vulnerable and disproportionately impacted due to their lower adaptive capacity when it comes to investments in Finance, Technology and Climate.

The Independent High-Level Expert Group Report on Climate Finance highlighted that at least a Trillion USD per annum is required to combat climate change. The Transitional Committee on the Operationalization of Funding Arrangements in its Report of 4th November 2023 only calls for voluntary contributions to the “Loss and Damage fund”. The Report makes no mention of the funds needed or who the contributors are. It is silent on the issue of global debt relief. These are interconnected’

Nevertheless, four days later, the Technical Dialogue of the First Global Stocktake highlighted the requirements of a minimum of US$ trillion per annum. To arrive at a consensus not to take up a contentious issue is not a solution. Who are we fooling?

Climate justice must be available to all the people and all the countries. In this background, Sri Lanka will propose a resolution for a Climate Justice Forum which was agreed upon at the 5th Forum of the Ministers of Environmental Authorities of Asia Pacific to be moved at the UN Environment Assembly of 6th February 2024.

The Climate Justice Forum will provide us a platform for constructive and proactive engagements. The Secretary General of the UN highlighted, “The era of global boiling has arrived”. The enemy is at the gates. We are still procrastinating. We are still forming our battalions to take the fight to the enemy. Therefore, this fortnight is critical.

It will determine whether we are capable of providing a leadership. Let us prove we can do so by action and delivery.

Sri Lanka is committed to the 1.5 degree Celcius limit. We are facing a drastic situation to await the disaster. We must think outside of the box. We must Invest in the Tropical Belt to tackle the Triple Planetary Crisis.

The Tropical Belt constitutes 134 countries covering 44% of earth’s surface, and will by 2030s be home to roughly 50% of world’s population. Most of the world’s remaining primary forests are tropical, along with its coral reef systems. The rich biodiversity of the Tropical Belt enhances biological carbon sequestration and can shield the world from instabilities in weather.

Furthermore, the energy generation potential from solar, wind and biomass are significantly higher in the tropics than that of other areas on the earth. Yet, anthropogenic activities in the Tropical Belt can easily lead to an imbalance in the equilibrium of this region.

So much so that some scientists predict that the Tropical Rain Belt could shift away from the Equator by the 22nd Century. Large scale investments in Renewable Energy, Pollution Control and Nature-based Solutions will lead to significant transformative changes in the entire world by enhancing carbon sequestration.

Therefore, Sri Lanka and other concerned countries will convene a panel to report on the Tropical Belt Initiative. A multi sector plan distributed not only among the whole tropical region but the whole world. As the current Chair of the Indian Ocean Rim Association (IORA), Sri Lanka is focusing on the interdependence between the Indian Ocean and climate change.

A healthy ocean generates oxygen and absorbs the carbon and heat produced from global warming. Mangroves and sea grasses sink more carbon than land forests. However, the rapid climate change is altering the marine environment with rising sea levels and temperatures, Ocean acidification, coral bleaching, habitat destruction and extreme weather patterns. These phenomenon have a direct impact on human lives by disrupting ocean biodiversity, the Ocean dependent food patterns, and coastal livelihoods. Member states and partners of IORA will work towards ensuring a sustainable, Indian Ocean for future generations.

The Tropical Belt initiative and the Indian Ocean IORA program combined will form the largest global sink for carbon sequestration. Addressing the climate change need, up to date scientific knowledge, and the effective use of these findings

Therefore, at COP27, I proposed to establish an International Climate Change University (ICCU) for capacity building and advancing research, necessary to contribute to the crucial efforts to limiting global warming to 1.5 degrees Celsius. We will be operationalizing the International Climate Change University (ICCU) next year.

Ministers Ali Sabry,  Keheliya Rambukwella, Kanchana Wijesekera, and Member of Parliament  Madhura Withana represented the government, while Members of Parliament. Champika Ranawaka and  Ajith Mannapperuma represented the Opposition. Additionally, Senior Adviser to the President on Climate Change  Ruwan Wijewardena, Secretary of the Ministry of Environment Dr. Anil Jasinghe, Director of International Affairs Dinouk Colomboge, Adviser to the Ministry of Finance Deshal De Mel, and President’s Private Secretary Ms. Sandra Perera were also present.

(PMD)



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India to host Zimbabwe for maiden women’s bilateral series

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India Women have never played an international game against Zimbabwe [Cricinfo]

The India and Zimbabwe women’s teams are all set to play an international fixture against each other for the first time when Zimbabwe tour India for white-ball fixtures this October.

The tour comprises three T20Is and three ODIs and will be Zimbabwe’s first visit to India; India are yet to tour Zimbabwe for bilateral fixtures.

The three T20Is will be played in Raipur on October 16, 18 and 20, and the ODIs are on October 23, 25 and 28 in Baroda.

The fixtures were announced by the BCCI on Wednesday, along with two home series for the India A women’s side against Australia A in September and England A in December. Both those series comprise three T20s, three List A games and one multi-day fixture.

The India Under-19 women’s team will also host Sri Lanka U-19 in June and July for three T20s and three 50-over games, and England U-19 in November and December for five T20 fixtures.

The Australia A men’s side will tour India for two multi-day fixtures and three one-dayers in September and October, while the Australia U-19 side will visit India for two multi-day fixtures and three one-dayers also in September and October.

[Cricinfo]

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Oil prices drop and stock markets rise after reports of deal to end Iran war

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Oil prices have dropped and global stock markets have risen following reports that the US and Iran are close to a deal to end the war.

Brent crude futures, the global benchmark oil price, fell to $97 (£73) a barrel after the reports before rebounding to over $101. The price was over $108 earlier in the day.

The FTSE 100 index of London’s largest public firms and Germany’s Dax index closed over 2% up while the French Cac 40 was up 3%. Asian indexes also ended the day higher while the US S&P 500 was up by more than 1% over the day.

The market movements come after Axios reported that the US believes it is close to a one-page document which will end the war and set up detailed nuclear talks.

Hours later, an Iranian foreign ministry spokesperson told Iranian Students’ News Agency that the US proposal to end the war with Iran was still being considered.

However, not long after that, Trump suggested a deal could still be a way off.

He said on Truth Social that any agreement by the Iranians is “a big assumption” and that a failure to come to a deal will result at bombardments “at a much  higher level and intensity ” than was the case during Operation Epic Fury.

Oil prices are still much higher than the $70 a barrel they were hovering around before the start of the US-Israel war with Iran, which has caused caused production and transportation of oil in the region to slump.

Central to the conflict is Iran’s threat to attack oil ships crossing the Strait of Hormuz, a narrow waterway south of the country, in response to US-Israeli strikes since 28 February.

About a fifth of global oil and gas shipments usually cross the strait, which has been effectively closed for weeks. Global gas prices have also soared since the conflict began.

As for stock markets, the big European bourses are lower than they were at the end of February, while the S&P 500 climbed by more than 1%.

The main Asian markets all rose on Wednesday, with the South Korean Kospi closing up 6.45%, the Hong Kong Hang Seng ending the day up 1.22%, and the Japanese Nikkei finishing 0.38% higher.

The Hang Seng is down since the start of war, but the other two are up.

[BBC]

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Shamas, Feroza hit tons as Pakistan win big to clinch ODI series

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Gull Feroza smashed a 95-ball 100 in her team's victory [PCB]
Sadaf Shamas and Gull Feroza struck centuries as Pakistan Women piled up their second-highest total in ODIs – 343/4 – on the back of a record-setting opening stand to setup a comprehensive and series-clinching 206-run win over Zimbabwe Women in the second ODI in Karachi. This is Pakistan’s biggest win (by runs) in WODIs.

Opting to bat, Pakistan found immediate control through Shamas and Feroza, who combined for a massive, 189-run opening partnership that drained any early momentum Zimbabwe hoped to build in an attempt to draw level. Between them, the pair struck a combined 23 fours and a six to deflate the visitors.

Even after the stand was broken in the 31st over, the scoring rate barely dipped. Sidra Amin slotted in smoothly, steering the middle phase and keeping the innings on track with her unbeaten 59. The final overs then brought a surge: Fatima Sana and Aliya Riaz attacked from the outset, converting a strong platform into a daunting total, with Pakistan finishing on 343/4.

Zimbabwe’s chase never took off and they slipped to 9 for 2 in the third over. Although Kelis Ndhlovu and Beloved Biza put on 57 for the third wicket, the required rate had surged beyond reach. Pakistan’s bowlers maintained control throughout, chipping away regularly to prevent any sustained resistance.

Fatima Sana capped a fine outing with the ball, taking 3 for 15 from her six overs and leading a disciplined effort that bowled Zimbabwe out for 137 in 39 overs.

Brief scores:
Pakistan Women  343/4 in 50 overs (Sadaf Shamas 101, Gull Feroza 100, Sidra Amin 59; Christina Mutasa 1-19,  Lindokuhle Mabhero 1-52, Olinder Chare 1-40, Nomvelo Sibanda 1-61) beat Zimbabwe Women  137 in 39 overs (Runyararo Pasipanodya 33*; Fatima Sana 3-15, Diana Baig 1-23, Momina Riasat 2-39,  Rameem Shamim 2-20, Syed Aroob Shah 2-18) by 206 runs

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