Commonwealth Finance Ministers Meeting

‘Climate Change: The Challenges Facing Finance Ministers’ will form the basis for the technical discussions when Guyana hosts 40 countries at the Common-wealth Finance Ministers Meeting (CFMM) opening today.

The technical theme is especially important to small economies like Guyana that struggle to utilize their rich bio-diversity sustainably.

In the first International Conference on the Status of Biological Sciences in Caribbean and Latin America Societies on September 24 at Buddy’s International Hotel, local and foreign researchers made presentations on a wide range of issues, including climate change and the impact of economic activities on the environment.

The European Commission (EC) Environment website (updated as of October 2) noted that “Climate change is one of the greatest environmental, social and economic threats facing the planet.”

The warming of the climate system, the website pointed out, is “unequivocal,” as is now evident from observations of increases in global average air and ocean temperatures, widespread melting of snow and ice, and rising global mean sea levels.

The Earth’s average surface temperature has risen by 0.76