Gandhinagar, May 23, 207: The 21st century will not only belong to Asia but also to Africa, hence India and Africa should navigate the journey together to shape their common future, Finance Minister Arun Jaitley said on Tuesday.
Addressing the 52nd annual meeting of the African Development Bank here, Jaitley said while India has been a bright spot amongst the major economies amid challenging times, Africa too, has done well over the past few years.
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“I stand here with conviction that the 21st century would not be Asia’s alone but would belong to both Asia and Africa,” he said.
Jaitley added that the African continent was transforming rapidly and amidst tough global scenario, its economy grew by 2.2 per cent in 2016 and was expected to grow by 3.4 per cent in 2017.
“Africa is approaching an exciting time. India and Africa should navigate through this journey together and shape their common future,” Jaitley said.
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He added that India was committed to Africa’s development and this commitment was reflected in “continued high-level political engagement” including the three India-Africa Summits.
“It is no coincidence that our Prime Minister, President and Vice President have together visited 16 African countries in the past.
“There isn’t a single African country which has not been visited by one of my cabinet colleagues,” the Finance Minister added. (IANS)
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Efforts to boost global action against climate change are stuttering, as several key nations have objected to a key United Nations-backed report on the impacts of rising temperatures at the COP24 talks in Poland.
Many developing nations say they are already suffering from the impact of climate change, especially in south Asia and Africa, where water shortages and intense storms are putting lives and livelihoods in danger.
In Malawi in southern Africa, a bustling fish market stood at Kachulu on the shores of Lake Chilwa just five months ago. Now, hundreds of fishing boats lie marooned across the vast bay as vultures circle over the cracked, sun-baked mud. Water levels here fluctuate annually, but scientists say climate change is making the seasonal dry-out of the lake far more dramatic. Fishermen are being forced to leave and look for work elsewhere, says Sosten Chiotha, of the non-governmental organization ‘LEAD’ – Leadership for Environment and Development.
“Climate change contributes to the current recessions that we are experiencing, because you can see that in 2012 there was a recession where the lake lost about 80 percent of its water. Then it recovered in 2013, but not fully. So since then every year we have been experiencing these recessions,” Chiotha said.
Scientists gathering at the COP24 climate talks say it is developing countries like Malawi that are being hit hardest by the impacts of climate change.
The charity Water Aid has released a report ranking the countries worst-hit by water shortages, with Sudan, Niger and Pakistan making up the top three.
“There are people who are living with the impact of climate change right now. And they’re feeling those impacts not through carbon, but through water. And as we’ve seen over the past few years and will continue to see for many years to come unfortunately, is a huge increase in water stress and absolute water scarcity,” Water Aid’s Jonathan Farr told VOA from the climate talks currently underway in the Polish city of Katowice.
Richer nations have pledged $100 billion a year for poorer nations to deal with the consequences of climate change. Water Aid says they are failing to deliver the money.
Scientists say emissions of carbon dioxide would have to be reduced by 45 percent by 2030 to have any hope of keeping global warming below 1.5 degrees Celsius – the target agreed in the Paris climate deal.
However, the number of coal-fired power stations – the most polluting for
m of energy generation – is growing. The German organization ‘Urgewald’ calculates that $478 billion had been invested into expansion of the coal industry between January 2016 and September 2018.
There is little optimism at the talks that much concrete progress will be made, as several countries including the United States, Russia and Saudi Arabia have already voiced objections to a key scientific report from the U.N.’s Intergovernmental Panel on Climate Change. (VOA)