Rome – Agencies:
Italy has been hit by a spell of bad weather, causing heavy snowfall even in the country’s southernmost regions such as Apulia and Basilicata.
The Civil Protection Department issued the second highest warning for the regions of Emilia Romana and Marche in central Italy due to heavy rain.
And the city of Venice (Venice) expected floods of up to 125 centimeters. To prevent flooding in the city center around the famous St. Mark’s Square, all flood protection gates have been closed.-
Yet countries are still accused of doing little to combat global warming.--
This comes as part of a wave of climate change hitting the world, amid calls to reduce greenhouse gas emissions by 45% by 2030, so that there is an opportunity to achieve the most ambitious goals of the Paris climate agreement concluded in 2015, which requires limiting warming to 1.5 degrees Celsius compared to the pre-industrial era.
But the signatories’ current pledges, even if eventually respected, would lead to a 5-10% rise in emissions, putting the world on a path to an upward trajectory of 2.4°C at best by the end of the century.
Damages from climate change are estimated at tens of billions of dollars, and are expected to continue to increase dramatically. The recent floods that submerged a third of Pakistan alone caused damages estimated at more than 30 billion.
In the face of these repercussions, weak countries are calling for a special financing mechanism, but rich countries have reservations about this, as they are afraid to take responsibility officially and state that the climate financing system is complex enough in its current state.