Current:Home > StocksChile Cancels Plan to Host UN Climate Summit Amid Civil Unrest at Home -Aspire Money Growth
Chile Cancels Plan to Host UN Climate Summit Amid Civil Unrest at Home
View
Date:2025-04-14 14:50:55
Update: On Nov. 1, United Nations Climate Change Executive Secretary Patricia Espinosa announced that the UN’s climate summit would be held in Madrid, Spain, on the original dates, Dec. 2-13, following an offer from the government there.
President Sebastián Piñera announced on Wednesday that Chile would no longer host next month’s summit of leaders from the Asia-Pacific region, throwing a wrench into plans by U.S. President Donald Trump and China’s President Xi Jinping to secure a trade war truce at the gathering.
Chile also pulled out of hosting the annual UN climate change conference, COP25, which was due to be held in December.
The Chilean president was forced to cancel because of continuing protests against inequality in one of Latin America’s richest countries — the worst civil unrest in Chile since the dictatorship of General Augusto Pinochet that ended in 1990.
Trump and Xi had focused on the Asia-Pacific Economic Cooperation (APEC) summit as the place where they could agree to a ceasefire in their long-running trade war, with China agreeing to beef up its agricultural purchases in exchange for a reprieve from higher U.S. tariffs. Officials from both countries were also negotiating limited agreements on intellectual property and currency as part of the package.
Hogan Gidley, a White House spokesperson, told reporters on Wednesday that the U.S. was still looking forward to finalizing the trade deal “within the same timeframe.”
U.S. and Chinese officials, who were still ironing out details of the accord, no longer face as firm a deadline to conclude the negotiations. It was unclear whether APEC would scramble to find an alternative venue and time for the summit, or whether Washington and Beijing would identify a new location for their presidents to meet.
UN Explores Other Locations for COP 25
The UN Framework Convention on Climate Change said it was “exploring alternative hosting options” for its summit in light of Chile’s decision.
The sudden change of plans for the annual UN climate change summit, the central pillar of the Paris climate agreement, could mean a delay in the event, which had been scheduled for Dec. 2-13.
If no country agrees to host the climate talks, the location of the meeting will be shifted to Bonn, Germany, which is the headquarters of the UN Climate Change group.
Chile’s cancellation could also put more focus on the UK, which is set to host the next round of climate talks in Glasgow in 2020.
What Happened?
Chilean officials had previously insisted there was “no chance” of calling off the summits. But Piñera was ultimately forced to pull out in order to concentrate on controlling the protests.
“We are very sorry and profoundly regret the problems and inconveniences that this decision means for both summits,” Piñera said Wednesday.
He added that the decision was necessary “given the difficult circumstances that our country has gone through and considering that our top concern and priority as a government is to concentrate absolutely on, first, fully re-establishing public order, citizen security and social peace; secondly to impose with all the force and urgency required the new social agenda to respond to the principal demands of our citizens; and third to encourage a wide and profound process of dialogue to listen to our compatriots.”
The cancellation are a blow to a country that has prided itself on its political stability and openness to global commerce over the past three decades.
“For years, #Chile has been an anchor of stability in Latin America from both an economic and political perspective, reducing poverty, tending to democratic institutions and economic growth. It’s also a true leader in global trade matters. This latest turn of events is stunning,” Eric Farnsworth, a former U.S. trade official now at the Americas Society/Council of the Americas think-tank in Washington, wrote on Twitter.
The announcement comes after curfews and a state of emergency were lifted. A cabinet reshuffle on Monday also saw the departure of some of Piñera’s closest and most loyal collaborators, including Finance Minister Felipe Larraín and Interior Minister Andrés Chadwick, who is also his cousin.
Despite bringing younger and more moderate figures into his cabinet and reducing the military’s presence from the streets, the unrest has persisted.
It has been 13 days since protests against a 3.7 percent rise in metro fares first turned violent, exacerbated by what many criticized as a poor and insensitive initial response to the crisis. Piñera’s approval ratings are at an all-time low of 14 percent.
At least 20 people have died amid protests, looting and arson. Demonstrators continued to set buildings on fire and vandalize metro stations this week, and there were few signs that the unrest was easing.
© The Financial Times Limited 2019. All Rights Reserved. Not to be further redistributed, copied or modified in any way.
veryGood! (2381)
Related
- Intel's stock did something it hasn't done since 2022
- The Daily Money: File your taxes for free
- Rita Moreno calls out 'awful' women in Hollywood, shares cheeky 'Trump Sandwich' recipe
- James Crumbley bought his son a gun, and his son committed mass murder. Is dad to blame?
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Teen Mom's Jenelle Evans and Husband David Eason Break Up After 6 Years of Marriage
- California man is first in the US to be charged with smuggling greenhouse gases, prosecutors say
- Slumping New Jersey Devils fire coach Lindy Ruff, promote Travis Green
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Former Twitter executives sue Elon Musk over firings, seek more than $128 million in severance
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- The Daily Money: Trump takes aim at DEI
- 2 snowmobilers killed in separate avalanches in Washington and Idaho
- Lindsay Lohan Shares How Baby Boy Luai Has Changed Her
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- '$6.6 billion deal': Arkhouse and Brigade increase buyout bid for Macy's
- EAGLEEYE COIN: Prospects for the Application of Blockchain Technology in the Medical Industry
- California votes in its Senate primary race today. Meet the candidates vying for Dianne Feinstein's seat.
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
As threat to IVF looms in Alabama, patients over 35 or with serious diseases worry for their futures
5 people dead after single-engine plane crashes along Nashville interstate: What we know
Alabama lawmakers aim to approve immunity laws for IVF providers
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Dakota Johnson Shares Her Outlook on Motherhood Amid Chris Martin Romance
SpaceX launches 76 satellites in back-to-back launches from both coasts
TLC's Chilli is officially a grandmother to a baby girl