Europe warming at twice the global average, UN report warns | Climate Crisis News

UN World Meteorological Group warns that even ‘effectively ready societies usually are not secure’ from local weather change impacts.

Europe has warmed at greater than twice the worldwide common over the previous three many years and skilled a better temperature rise than another continent, the United Nations’ World Meteorological Group stated.

Common temperatures within the European area have risen by 0.5 levels Celsius (0.9 levels Fahrenheit) every decade since 1991, based on the joint report by World Meteorological Group and the European Union’s Copernicus Local weather Change Service launched on Wednesday.

“Europe presents a stay image of a warming world and reminds us that even effectively ready societies usually are not secure from impacts of utmost climate occasions,” WMO secretary-general Petteri Taalas stated in a press release.

Europe has been experiencing file temperatures and has turn out to be a “heatwave hotspot” in the previous few years.

Alpine glaciers misplaced 30 metres (simply lower than 100 ft) in ice thickness between 1997 and 2021, whereas the Greenland ice sheet is swiftly melting and contributing to accelerating sea degree rise.

“This yr, like 2021, giant components of Europe have been affected by in depth heatwaves and drought, fuelling wildfires,” Taalas stated, additionally decrying “demise and devastation” from final yr’s “distinctive floods”.

Excessive climate that’s getting more and more worse as a consequence of local weather change has created damages exceeding $50bn in Europe final yr. The report warned that temperatures would seemingly proceed to rise throughout Europe at a price exceeding international imply temperature adjustments, no matter future ranges of world warming.

A big a part of the continent is within the sub-Arctic and Arctic, which is the fastest-warming area on Earth.

Between 1990 and 2020, the EU reduce greenhouse fuel emissions by 31 %, aiming to succeed in 55 % by 2030, based on the report. It additionally added that Europe can be one of the vital superior areas on the subject of cross-border cooperation in direction of local weather change adaptation.

“European society is weak to local weather variability and alter,” stated Carlo Buontempo, head of Copernicus’s European Centre of Medium-range Climate Forecasts (ECMWF).

“However Europe can be on the forefront of the worldwide effort to mitigate local weather change and to develop modern options to adapt to the brand new local weather Europeans must stay with.”

The report was revealed days prematurely of the annual United Nations local weather convention COP 27, which can begin in Egypt on November 6.

World leaders, together with French President Emmanuel Macron and European Fee President Ursula von der Leyen, are anticipated to attend and talk about the right way to deal with the warming of the earth.

In Hong Kong, world bankers urged not to ‘bet against’ China | Business and Economy News

Chinese language regulators have downplayed China’s actual property hunch and slowing financial progress whereas Hong Kong’s prime chief pitched Hong Kong as a singular hyperlink to the remainder of China at a high-profile funding summit.

About 200 international monetary executives gathered on Wednesday to community and focus on points resembling international dangers and sustainable finance at Hong Kong’s first large convention because the metropolis lifted COVID-19 quarantine restrictions.

Fang Xinghai, the vice chairman of the China Securities Regulatory Fee, urged these attending to go to China to grasp what is going on within the nation and urged them to not “wager towards” China and Hong Kong.

Worldwide media “don’t actually perceive China very effectively” and have a “short-term focus,” he stated, drawing laughter and applause from the viewers.

Fang and different Chinese language officers addressed the convention in pre-recorded interviews – journey to and from mainland China is constrained by strict quarantine necessities.

China’s central financial institution governor, Yi Gang, stated that inflation stays subdued, at beneath 3 p.c in contrast with 8 p.c or extra in lots of Western economies, and the nation’s financial and reform insurance policies will proceed. Such feedback seemed to be meant to counter worries that flared following a Communist Get together congress final month, the place chief Xi Jinping was awarded an unprecedented third five-year time period and key reformers have been excluded from prime ruling get together management.

“China has a brilliant giant market, as there’s nonetheless a lot room for urbanisation and the demand of center class shoppers remains to be on the rise,” stated Yi.

China’s economic system grew at a 3.9 p.c annual tempo within the final quarter in contrast with a 12 months earlier, effectively under an official goal of greater than 5 p.c, and the important actual property sector has languished as regulators have sought to curb debt mounting in the direction of unsustainable ranges.

Xiao Yuanqi, the vice chairman of the China Banking and Insurance coverage Regulatory Fee, sought to reassure these attending the convention, saying property loans make up simply 26 p.c banks’ whole lending and 90 p.c of property loans have been “good high quality.”

Shares in Hong Kong and Shanghai surged on Wednesday, with the Hold Seng Index gaining 2.6 p.c whereas the Shanghai Composite Index climbed 1.7 p.c.

The audio system lineup on the Hong Kong convention consists of Morgan Stanley CEO James Gorman and Goldman Sachs CEO David Solomon and different main executives from establishments resembling Citigroup and Blackstone.

It’s designed to focus on the previous British colony’s position as a horny and aggressive monetary hub.

The town stays the “solely place on this planet the place the worldwide benefit and the China benefit come collectively in a single metropolis,” Hong Kong Chief Government John Lee stated in opening the occasion.

“This distinctive convergence makes Hong Kong the irreplaceable connection between the mainland and the remainder of the world because the centre of financial gravity on this planet shifts eastward,” he stated.

The British handed management of Hong Kong to China in 1997 with the understanding that Beijing would enable the tiny territory autonomy in its authorized system and financial insurance policies for a minimum of 50 years. In recent times Beijing has been increasing its affect. Such efforts gained momentum after mass protests in 2019 demanding a extra democratic system of management, culminating within the implementation of a safety regulation designed to quash dissent.

Mixed with strict quarantine controls and a pointy downturn in tourism, that has compounded the financial fallout from the pandemic.

Lee stated the “worst is behind” Hong Kong. A former safety chief, he advised the convention “regulation and order has returned” and social disturbances have been prior to now.

Organisers pushed forward with the long-planned convention regardless of tropical storm warnings that led authorities to shut colleges.

As tropical storm Nalgae drew nearer to the town, the Hong Kong Observatory stated that it could elevate its T8 sign within the afternoon, which might successfully shut down the town and cease buying and selling on the inventory market.

Hong Kong pulled out all of the stops for the monetary convention, adjusting COVID-19 restrictions to permit members to dine in at particular eating places. Most different inbound vacationers are banned from doing so for 3 days after they arrive within the metropolis.

Attendees who check optimistic for COVID-19 are allowed to depart by chartered flights in the event that they need to, as a substitute of getting to be remoted for a minimum of seven days in Hong Kong.

Some US legislators have urged American firms to not take part within the assembly given tensions with China over commerce and human rights. The US has been vocal about Hong Kong’s crackdown on dissent following implementation of the Nationwide Safety Legislation.

One of India’s richest temples goes organic with its laddus | Business and Economy News

Kadapa, India – Three years in the past, Venkat Shobha Rani stop her job as a main college trainer to assist her husband have a tendency their three-acre (1.2-hectare) farm, a part of a rising variety of rural folks within the southern Indian state of Andhra Pradesh who’re transferring to natural farming.

“It’s lots of labour, however natural farming is rather a lot higher,” Shobha Rani advised Al Jazeera in Dugganagaripalli, a village in Kadapa district, 450km (280 miles) south of Hyderabad.

Shobha is now one in every of a number of hundred Andhra Pradesh small farmers who’re a part of a government-run, community-managed pure farming programme launched in 2015 as an alternative choice to burdening farmers with hovering fertiliser and chemical prices. The initiative is arguably distinctive in India.

Enter prices for farmers are rising whilst their incomes fall, pushing Andhra Pradesh, like many different Indian states, right into a farm disaster. The mission to assist farmers go natural is seen as an important experiment, and different states are watching it intently.

The programme has unfold throughout the state, aiming to enroll a million farmers this yr to practise both partially or absolutely natural farming.

In mid-August, Shobha enrolled with a state company to produce natural Bengal gram (chickpeas) once more to the Tirumala Tirupati Devasthanam temple, devoted to her favorite deity, Lord Venkateswara, often known as Vishnu.

Tirumala Tirupati Devasthanam (TTD), one of many nation’s richest temples, wants a gentle provide of chickpea flour for its laddus, the spherical sweets produced within the temple’s enormous kitchen.

The temple makes and sells tens of 1000’s of laddus to pilgrims and devotees every day, as they’re thought of a vessel for Lord Venkateswara’s blessings. Different inputs embody ghee, cashews, raisins, cardamom and jaggery. Most of those, too, are actually sourced regionally from natural farmers.

India’s primary farming season is at its peak now. A part of Shobha’s farm is flush with cotton crops. The chickpeas she planted on the adjoining plot in late October shall be harvested early subsequent yr.

Laddus going natural

Throughout the state, new natural farmers like Shobha are being tapped to produce their crops, together with chickpeas and rice, for TTD, in what’s being hailed as an “extraordinary choice” of the temple belief.

The newly built complex housing the village secretariat and Rythu Bharosa Kendra, waiting for its inauguration at Gollaluguduru village in Kadapa district.
Andhra Pradesh state has arrange a nonprofit organisation to acquire natural merchandise from farmers at a premium over the state mandated minimal worth [Jaideep Hardikar/Al Jazeera]

The temple, which receives 60,000 to 70,000 devotees daily, determined to go absolutely natural in Might, impressed by a devotee’s donation of chemical-free rice to the temple in 2021, Jawahar Reddy, the temple’s former govt officer who made the choice, advised Al Jazeera.

“If each temple makes use of natural produce, it is going to encourage and incentivise farmers to undertake sustainable practices,” he stated.

The temple then launched its pilot mission final yr when it sourced 1,300 tonnes of natural chickpeas from farmers like Shobha. That’s lower than a tenth of the chickpeas it makes use of in a yr.

Final yr, Shobha offered 2,500kgs for the temple’s pilot run for an not less than 10 % premium over the minimal government-set worth.

To allow that change going ahead, the TTD struck an settlement with a state-run not-for-profit organisation, the Rythu Sadhikara Samstha (RySS, or the Organisation for Farmers’ Empowerment), which oversees the pure farming mission.

Below this, RySS will provide 12 organically grown commodities – together with rice, jaggery, and cardamom – from these farmers in return for the TTD supplying the farmers with cattle from its cow shelters so their dung can be utilized as fertiliser.

Eleven extra temples in Andhra Pradesh have adopted in its footsteps. Collectively, they’ve positioned an order for 25,000 tonnes of licensed natural produce for the 2022-2023 farming season. The choice, state officers say, has given a giant increase to Andhra Pradesh’s natural farming marketing campaign.

“Our function is to determine, practice and hand-hold the farmers who will provide natural produce,” Thallam Vijay Kumar, govt vice chairman of RySS, advised Al Jazeera. “It opens up enormous prospects on the one hand and creates an assured market on the opposite. It’s a unprecedented choice that’ll profit our farmers.”

As many as 25,000 farmers shall be recruited to fulfill this demand by the tip of this yr, Kumar stated. For the pilot final yr, 430 farmers provided 1,300 tonnes of natural chickpeas to the temple, incomes 10,000 rupees ($121) per tonne on common, Kumar stated.

Only one % of the randomly examined samples have been rejected because of pesticide residues.

Critics, nonetheless, level to the contradiction of newly arrange state-run centres persevering with to pitch chemical inputs at every of the ten,000 villages the place RySS is attempting to wean farmers away from typical farming.

‘A proud second for us’

In Gollalaguduru village also near Pulivendula town of Kadapa district, Umadevi and her husband Y Sambasiva Reddy, have transitioned to fully organic practices over five years
In Kadapa district, Umadevi and her husband Y Sambasiva Reddy (pictured), have transitioned to completely natural practices, and can provide chickpea to make the long-lasting laddu on the Tirupati temple.
[Jaideep Hardikar/Al Jazeera]

The RySS will intently monitor the farming operations of the enrolled farmers from sowing to reap.

Nevertheless it faces a problem in procuring commodities which can be harvested at completely different instances, processing them from particular millers, monitoring storage and high quality, and sustaining the availability year-round.

To assist with that, AP-Markfed, the state advertising federation, got here in to deal with procurement, funds, storage, milling and processing, and transportation.

In the course of the pilot run, the association labored to the good thing about each farmers and TTD.

“With our distinctive end-to-end digital answer, we now have smoothened all the course of,” Markfed managing director PS Pradyumna advised Al Jazeera. “We pay farmers up entrance after certification [a week-long process]; the TTD reimburses us.”

In Shobha Rani’s village, 20 natural farmers have dedicated to supplying Bengal gram for the temple, in response to the RySS. Collectively, they are going to produce about 40 tonnes.

Within the neighbouring village of Gollalaguduru, Umadevi and her husband, Y Sambasiva Reddy, have simply enrolled within the programme. They’re amongst 51 households within the village to show natural.

“It’s a proud second for us,” they stated about supplying farm produce to the deity they so revere.

In the meantime, Shobha is happy, for a number of causes.

She’s going to get higher returns for her natural chickpeas and the cash shall be in her checking account inside days. However that aside, her produce will go into the making of the laddu providing to the deity – and be relished by devotees.