{"id":36249,"date":"2017-12-11T16:04:46","date_gmt":"2017-12-11T11:04:46","guid":{"rendered":"https:\/\/tns.world\/?p=36249"},"modified":"2017-12-11T16:04:46","modified_gmt":"2017-12-11T11:04:46","slug":"paris-climate-summit-a-chance-for-real-progress-wb","status":"publish","type":"post","link":"https:\/\/tns.world\/?p=36249","title":{"rendered":"Paris climate summit a chance for real progress: WB"},"content":{"rendered":"<p><strong>LONDON Dec 11 (TNS):<\/strong> The Paris climate summit next week offers a chance for concrete advances in the fight against global warming, even without the support of President Donald Trump, World Bank President Jim Yong Kim said.<\/p>\n<p>&#8220;What makes this summit different is that this is not just another high level political meeting,&#8221; Kim told reporters. &#8220;This is going to bring together groups of people that normally don&#8217;t get together, especially in talking about climate opportunities.&#8221;<\/p>\n<p>Tuesday&#8217;s One Planet Summit, sponsored by France, the United Nations and the World Bank, brings together some 4,000 participants and 800 organizations to explore ways to finance climate projects.<\/p>\n<p>Held two years after the Paris climate agreement &#8212; and six months after Trump pulled out of the historic accord &#8212; the talks will go ahead without a senior representative of the US administration.<\/p>\n<p>But many American state and local officials and private groups will be there, and remain committed to addressing climate change, Kim said.<\/p>\n<p>Among those in attendance will be former California governor Arnold Schwarzenegger and former New York mayor Michael Bloomberg, whose foundation is helping to fund the summit.<\/p>\n<p>Kim said funding for climate projects will be key, as the International Energy Agency has estimated it will take $3.5 trillion a year for the next 30 years to contain the rise of global temperatures.<\/p>\n<p>&#8220;One of the big topics in Paris next week is the need to scale up financing which is still is not nearly enough to meet the Paris agreement commitments,&#8221; he said.<\/p>\n<p>Without financing &#8220;all you have is an agreement&#8230; and nothing would change actually on the ground.&#8221;<\/p>\n<p>A key part of that is providing funding for developing countries to address climate change.<\/p>\n<p>The World Bank has pledged to increase its funding for such projects by 28 percent by 2020, a spokeswoman said. This year, it has committed $13 billion to more than 200 climate-related initiatives.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON Dec 11 (TNS): The Paris climate summit next week offers a chance for concrete advances in the fight against global warming, even without the support of President Donald Trump, World Bank President Jim Yong Kim said. &#8220;What makes this summit different is that this is not just another high level political meeting,&#8221; Kim told [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25191,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[247,733],"class_list":["post-36249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-london","tag-world"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/36249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36249"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/36249\/revisions"}],"predecessor-version":[{"id":36252,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/36249\/revisions\/36252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/25191"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}