UN’s Ban Ki-moon on Global Warming: Time for Greener Economies

United Nation (UN) Secretary-General Ban Ki-moon, expressed deep concern towards slow action in combating climate change as talks to governments at UN talks in Lima on Tuesday.

Ban reportedly said there is no “time for tinkering” and urged a radical shift to greener economies. He said there was still a chance of limiting global warming to an internationally agreed ceiling of 2 degrees Celsius (3.6 Fahrenheit) above pre-industrial times to help avert floods, droughts, desertification and rising sea levels, report said.

“But the window of opportunity is fast narrowing,” he told delegates from about 190 nations at the Dec. 1-12 talks working on a deal, due in Paris in a year’s time, to limit rising world greenhouse gas emissions, he said.

“This is not a time for tinkering; it is a time for transformation,” he said.

The UN talks on Tuesday was inspiring when the UN’s new Green Climate Fund reached a UN target of $10 billion for a first capitalization, helped by a pledge of about $166 million by Australia and $64 million by Belgium, report said.

“We must act now,” he said.

Ban also urged wider involvement by the private sector.

Source: GMA News Online