Three federal advisers will attend the United Nations Climate Conference in Glasgow from October 31 to November 3.
Three federal advisers will attend the United Nations Climate Conference in Glasgow from October 31 to November 3. Federal President Guy Parmelin, Environment Minister Simonetta Somaruga and Finance Minister Uly Maurer visit Scotland. The program is strict.
Parmelin is assuming his representative role as Federal President and will officially inaugurate the convention in Scotland on Monday 1 November, alongside around 100 heads of state and government, as his department announced on Monday.
He will also participate in a high-level meeting dedicated to the urgency of businesses in the face of climate change. He will also participate at the invitation of the European Bank for Reconstruction and Development (EWBE). Finally, he will visit a cryosphere pavilion. Cryosphere refers to all the frozen parts of the hydrosphere: ice, sea ice, glaciers, ice caps, ice shelves, permafrost, frozen rivers and lakes.
The Paris Agreement must be implemented equally
Federal Councilor Somaruga, along with environment ministers from other countries, will also participate in discussions at ministerial level and ultimately decision-making at the conference. Her department said that with the negotiating delegation, she would work for uniform and clear rules for the implementation of the Paris Agreement.
This means that emission reductions a country achieves with overseas climate protection projects cannot be credited twice – to the donor and to recipient countries. Switzerland is also committed to efficient and equitable financing of climate protection projects in developing countries. Switzerland hopes that all states will support countries particularly affected by climate change as much as possible.
Maurer wants to boost his database
Finance Minister Maurer and Secretary of State Daniela Stoffel will be in Glasgow on 3 November. Among other things, you will attend a meeting of the host country, Great Britain. They will work to promote a quality database so that the financial markets can “take proper account of environmental aspects”, announced the financial management.
Greater transparency also enables investors to make effective decisions, fosters the innovative power of the financial sector and helps avoid greenwashing. Greenwashing is the term used to describe the campaigns and public relations campaigns of companies and institutions that attempt to present themselves as particularly environmentally conscious and respectful of the environment.
Climate-friendly financial investments are becoming increasingly important around the world, according to the press release. The Federal Council sees sustainability as “a great opportunity for the Swiss financial center”.
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