•  uxbridge
• Tuesday, March 08, 2011
• Inter Press Service

Timed to coincide with the 20th anniversary of the 1992 Rio de Janeiro Earth Summit, the Rio 2012 Summit hopes to recapture the optimism of that earlier era.

At the June 2012 Rio Summit it is hoped countries will agree on policies to move toward a green economy from the present 'brown' economic system driven by fossil fuel energy and the serial depletion and degradation of natural resources and ecosystems. A green economy promises to bring good jobs, clean energy and water while ensuring a more sustainable and fairer use of resources.

'If we continue on our current path, we will bequeath material and environmental poverty, not prosperity, to our children and grandchildren,' said Rio 2012 Secretary-General Sha Zukang. 'Rio 2012 will be one of the most important events in the coming decades,' Zukang said.

In 1992 the Earth Summit captured world attention with leaders from most countries attending and thousands of journalists reporting on it. It gave birth to many important environmental initiatives including the Framework Convention on Climate Change, the Convention on Biodiversity, and Agenda 21. However, since the Summit virtually all measures of environmental health show significant declines - proving that fine words and sentiments do not necessarily generate action or change.

Since 1992, emissions of fossil fuels have driven carbon concentrations in the atmosphere from 356 parts per million (ppm) to 390 ppm today. Global temperatures have increased 0.4C to 0.8C. Ocean corals have suffered through devastating bleaching events that have put 60 percent of all corals at risk of destruction. Populations of fish and freshwater vertebrates have declined by nearly 50 percent, 40 percent of ocean fish stocks are over- exploited compared to 20 percent in 1992.

At the same time a billion people go hungry everyday, and there are more impoverished people than ever - despite a 60 percent increase in global wealth since 1992. This evidence clearly illustrates that the present model for economic growth is a recipe for global disaster says U.N. Secretary-General Ban Ki-moon, who calls it 'a global suicide pact'. Ban says there is a pressing need for revolutionary thinking and action that can lift people out of poverty while also protecting the planet and ecosystems that support economic growth.

An outline of this 'revolutionary thinking' is found in a new U.N. report ‘Towards a Green Economy’. It shows that an investment of just two percent of the global economy into a few key sectors will kick-start a transition towards a low-carbon, resource-efficient economy that will alleviate poverty and bring more jobs. That two percent investment will generate higher rates of global GDP growth within six years, according to U.N. estimates.

© Inter Press Service (2011) — All Rights Reserved. Original source: Inter Press Service

Where next?

Advertisement