Tue, Sep 17, 2024 page3

• Discussion of ‘climate inflation’ urged

  CLIMATE ECONOMICS: The government should consider ‘climate change compensation’ to help people cope with losses and damage from natural disasters, Greenpeace said

  • By Ho Yu-hua / Staff reporter
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  Greenpeace yesterday urged the Cabinet’s National Climate Change Committee to discuss strategies for addressing “climate inflation.”

  Greenpeace East Asia climate and energy campaigner Lydia Fang (方君維) told a news conference in Taipei that climate change seriously affects the world economy, while “climate inflation” impacts are increasing yearly.

  Greenpeace’s survey showed that the cost of food ingredients sold during the Mid-Autumn Festival has increased by nearly 40 percent in the past decade, Fang said.

  

  From the left, GMO-free School Campaign cofounder Huang Chia-lin, Chinese Nationalist Party (KMT) legislators Lin Pei-hsiang and Huang Chien-pin, Democratic Progressive Party Legislator Lin Yueh-chin and Greenpeace campaigner Lydia Fang hold placards at a press conference held by Greenpeace in Taipei yesterday.

  Photo: Chen Yi-kuan, Taipei Times

  The government should acknowledge that solving climate change can slow down inflation, she said, urging President William Lai’s (賴清德) National Climate Change Committee to make “climate inflation” a priority agenda in developing climate strategies.

  Short-term strategies should include “climate change compensation” to help people cope with economic losses and damage from natural disasters caused by climate change, which would help reduce the effects on more vulnerable groups, such as children, older people and low-income households, Fang said.

  The mid to long-term strategies should include a “net zero investment bill” to fund the purchase of renewable energy power generation equipment by individuals or companies, she said.

  The UN Committee on the Rights of the Child’s General Comment No. 26, passed last year, has a special focus on climate change, recognizing that children have a right to a clean, healthy and sustainable environment, Democratic Progressive Party Legislator Lin Yue-chin (林月琴) told the news conference.

  The document also states that governments must take all necessary, appropriate and reasonable measures to protect against climate change-related harms to children’s rights that are caused or perpetuated by businesses, and to ensure that corporations rapidly reduce their emissions, she said.

  Lin said she would ask the Ministry of Economic Affairs and the Directorate-General of Budget, Accounting and Statistics to consider those issues when formulating policies, so that the next generation does not face unlivable conditions and a rapidly growing gap between the rich and the poor due to climate change.

  Chinese Nationalist Party (KMT) Legislator Huang Chien-pin (黃建賓) said that climate change has had a serious effect on agriculture in Taitung County, limiting output and the stability of prices.

  “We indeed need to think carefully about what kind of environment we want to leave for our next generations,” he said.

  KMT Legislator Jonathan Lin (林沛祥) said that a phrase he heard during an international conference he attended last year had stuck with him: “Climate change and global warming would not destroy the world, but would cause human extinction.”

  Climate change not only causes rising sea levels, but also practical food issues, he said, adding that usually crabs can be harvested in Keelung or along the northern coast around the Mid-Autumn Festival, but now they can only be found after October, and the harvest amount and quality have fallen.

  “Net zero emissions is the only path forward, and going against nature would only harm humans,” he said.
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