Nov 27, 2011
Kyoto extension a 'tall order', says UN's FigueresBack
© Reuse this
The Kyoto Protocol legally binds signatory developed countries to emission reduction targets. The first commitment period started in 2008 and terminates at the end of 2012.
“There is a need for governments of the world to make Durban the next step to climate change on a concrete level,” Figueres said at a media briefing ahead of the official opening of the climate talks on Monday.
She said that COP 17 was taking place against two backdrops, one of which was a growing momentum for action on climate change, and the second was new research and findings that were sounding alarm bells.
The growing momentum for action was indicative of 18 countries, which are major emitters, passing national legislation and feeding positive action on this level. Further, she said more businesses were exploring the carbon space, which was resulting in increasing investment in this sector.
“There is increasing evidence that government, the private sector and civil society are more serious about climate change,” Figueres said.
It was hoped that many institutional arrangements, from Cancun, Mexico, brought to the 2011 climate talks would be operationalised. This included the technology mechanism, the adaptation framework and the Green Climate Fund.
Edited by: Mariaan Webb© Reuse this Comment Guidelines (150 word limit)
Updated 5 hours ago Despite a record year, Tongaat Hulett’s starch and cellulose division was impacted by load-shedding during the year ended March 31, CEO Peter Staude said in a telephone interview on Monday. “The starch and glucose operation, which is the only wet-miller in...
Updated 6 hours ago The Competition Commission has referred a case of alleged collusion against JSE-listed construction materials company Dawn, along with its subsidiaries DPI Plastics, Ubuntu Plastics and Sangio Pipes, to the Competition Tribunal for prosecution. The commission alleged...
Updated 7 hours ago JSE-listed Rhodes Food Group grew its turnover 12.4% to R1.3-billion for the six months ended March 29, while normalised operating profit was up 17.3% to R126-million, the company reported at its interim results presentation on Monday. The company’s normalised...
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
This Week's Magazine
While economic forecasts for the African continent are most favourable, African airlines may not be able to benefit from the expected growth in the region’s gross domestic product (GDP), International Air Transport Association VP: Africa Raphael Kuuchi has warned....
The Automotive Production and Development Programme (APDP) will need to change substantially post 2020, says Metair Investments South African operations COO Ken Lello. “We must not make tweaks. We have to change. What we are doing is not sustainable.”
Banking group Absa’s forecast is for the rand to end the year at around R13 against the dollar, weakening further to R13.50 by 2016, says Absa sectoral analyst Jacques du Toit. He warns that possible interest rate hikes in the US may see capital being pulled from...
The Dispute Resolution Centre at the Bargaining Council for the Civil Engineering Industry (BCCEI) is now open to handle party-to-party disputes. The BCCEI represents the interests of all level four to nine Construction Industry Development Board companies.
Communications technology firm Ericsson sub-Saharan Africa head Fredrik Jejdling says the company’s commitment to sustainability and corporate responsibility has been integrated into all facets of its operations, which has provided it with sustainable revenue...