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EU looking to reinforce climate credentials during summit

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BRUSSELS – Five years after the Paris agreement, the European Union’s climate credentials will be put to the test as the bloc's leaders meet Thursday to try and seal an agreement to reduce greenhouse gas emissions by at least 55% by the end of the decade compared to 1990 levels.The EU wants to be a leader in the fight against global warming.

But the bloc’s heads of states and governments were unable to agree on the new target the last time they met in October, mainly because of financial concerns among eastern countries about how to fund the green transition.But now that the bloc’s leaders are ready to sign off on the EU’s next long-term budget and coronavirus recovery package, the record-high 1.82 trillion-euro package should help secure.

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The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
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