LONDON/COPENHAGEN, Dec 14 European renewable energy stocks rallied on Monday following an agreement over the weekend at the Paris global climate summit to find ways to stop global warming.
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Paris accord offers hope but could have done more
Mr Obama admitted the agreement was not flawless but added: “Together, we’ve shown what’s possible when the world stands as one”. Heads of state pose for a group photo during the COP21 climate summit in Paris.
Andrea Williams, European equities fund manager at Royal London Asset Management, said that while her portfolio did not now hold such stocks, the Paris climate deal might lead her to start considering buying up those companies.
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Addressing a press conference here, the Minister said India’s presence was strongly felt at COP 21 and that the country’s views were heard and accounted for, in the Paris Agreement. The agreement was the culmination of the Paris Climate Conference that featured appearances from President Obama and French president Francois Hollande.
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So far, he has competed in 45 obstacle courses in the Tough Mudder races and is aiming to reach more than 50 by next summer. He also says he was diagnosed with leukemia in 2002 and is raising money for a bone marrow transplant.
The minister said the Paris accord is a very successful agreement from the viewpoint of saving the earth.
The final draft of the agreement received a largely positive response from environmental and aid campaigners, experts and analysts, although concerns linger on that it does not go far enough to tackle climate change.
FICCI stated that the fact that principles of equity and common but differentiated responsibilities has been retained is a big factor in the success of the outcome, as these are the underlying principles that India and Indian business and industry saw as bridging the trust deficit and ensuring climate justice.
Javadekar said the agreement maintains differentiation in mitigation actions of developed and developing countries.
The agreement also says that future national plans will be no less ambitious than existing ones.
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WMU has just introduced two new specializations within the Master of Science programme – Ocean Sustainability, Governance & Management and Maritime Energy Management – which will make immediate and direct contributions to the goals and principles laid out in the Paris Agreement of 12 December. Early this year, the International Energy Agency said investments in renewable energy, meanwhile, was weak, but noted clean energy from members of the Organization of Economic Cooperation and Development made up 22 percent of all the power output from its members last year, the highest since 1975. It recognises the right of the developing countries to development and their efforts to harmonise development with environment while protecting the interests of the most vulnerable, he said.
