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SUNS # 8938 Wednesday 3 July 2019

Finance : "Time to ignite all engines" for economic growth, says BIS   (Chakravarthi Raghavan, Geneva) (PRIV)
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Monetary policy can no longer be the main engine of economic growth, and other policy drivers need to kick in to ensure the global economy achieves sustainable momentum, says the Bank for International Settlements (BIS) in its Annual Economic Report.

Climate : South concerned by shift of focus from UNFCCC to Paris Agreement   (Evelyn Teh, Penang) (PRIV)
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At the joint closing plenary of the 50th meetings of the UNFCCC's Subsidiary Bodies on 27 June 2019, in Bonn (Germany), which marked the end of the two-week inter-session climate talks, developing countries, led by the G77 and China, expressed concerns over the stance of developed countries to "leave behind" the Convention and shift their focus on the Paris Agreement (PA).

Climate : Controversy over the IPCC's 1.5 degrees C Special Report   (TWN, Penang) (PRIV)
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The issue of 1.5 degrees C Special Report (SR1.5) by the Intergovernmental Panel on Climate Change (IPCC) became highly contentious at the recently concluded climate talks in Bonn, Germany.

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