“He offers his sincerest condolences to her parents, family and friends, and utterly condemns this brutal crime,” the spokesperson added in a statement issued on Saturday night. The 23-year old student had been gang-raped by six men in a moving bus in the Indian capital on 16 December. Subsequently, she had been transported to a Singapore hospital where she was being treated for severe injuries, and where she was reported to have died on Saturday.In addition, the attack reportedly sparked widespread protests about gender attitudes in India, as well as calls for changes to relevant national laws.“Violence against women must never be accepted, never excused, never tolerated. Every girl and woman has the right to be respected, valued and protected.” Mr. Ban’s spokesperson said in the statement.He noted that the UN chief welcomes the efforts of the Indian Government to take urgent action on the matter and calls for further steps and reforms to deter such crimes and bring perpetrators to justice. “He also encourages the Government of India to strengthen critical services for rape victims,” the spokesperson continued, adding that the UN Entity for Gender Equality and the Empowerment of Women (UN Women) and other parts of the UN system stand ready to support such reform efforts with technical expertise and other support as required.Established in July 2010 with the aim of accelerating progress on meeting the needs of women worldwide, UN Women works for, among other issues, the elimination of discrimination against women and girls; empowerment of women; and achievement of equality between women and men as partners and beneficiaries of development and human rights..
This report from the IEA contains market analysis and forecasts to 2019 (132 pages, ISBN 978-92-64-22188-8, paper €100, PDF €80 from IEA). The Medium-Term Coal Market Report 2014 provides IEA forecasts on coal markets for the coming five years as well as an in-depth analysis of recent developments in global coal demand, supply and trade. The fourth annual report shows that, while China will continue to dominate global coal markets between now and the end of the decade, India and Southeast Asia will also drive coal demand growth, although on a smaller scale. The map (source IEA) shows incremental coal demand during the outlook period.Global demand for coal over the next five years will continue marching higher, breaking the 9-billion-tonne level by 2019, the (IEA) says in the report. It notes that despite China’s efforts to moderate its coal consumption, it will still account for three-fifths of demand growth during the outlook period. Moreover, China will be joined by India, ASEAN countries and other countries in Asia as the main engines of growth in coal consumption, offsetting declines in Europe and the US.“We have heard many pledges and policies aimed at mitigating climate change, but over the next five years they will mostly fail to arrest the growth in coal demand,” IEA Executive Director Maria van der Hoeven said at the launch of the book. “Although the contribution that coal makes to energy security and access to energy is undeniable, I must emphasise once again that coal use in its current form is simply unsustainable. For this to change, we need to radically accelerate deployment of carbon capture and sequestration.”The Executive Director also called for more investment in high-efficiency coal-fired power plants, especially in emerging economies. “New plants are being built, in an arc running from South Africa to Southeast Asia, but too many of these are based on decades-old technology,” she said. “Regrettably, they will be burning coal inefficiently for many years to come.”Global coal demand growth has been slowing in recent years, and the report sees that trend continuing. Coal demand will grow at an average rate of 2.1% per year through 2019, the report said. This compares to the 2013 report’s forecast of 2.3% for the five years through 2018 and the actual growth rate of 3.3% per year between 2010 and 2013.As has been the case for more than a decade, the fate of the global coal market will be determined by China. The world’s biggest coal user, producer and importer has embarked on a campaign to diversify its energy supply and reduce its energy intensity, and the resulting increase in gas, nuclear and renewables will be staggering. However, the IEA report shows that despite these efforts, and under normal macroeconomic circumstances, Chinese coal consumption will not peak during the five-year outlook period.The report’s forecasts come with considerable uncertainties, especially regarding the prospect of new policies affecting coal. Authorities in China as well as in key markets like Indonesia, Korea, Germany and India, have announced policy changes that could sharply affect coal market fundamentals. The possibility of these policy changes becoming reality is compounding uncertainty resulting from the current economic climate.The issue of low prices remains a hot topic among coal market participants. Last year’s report emphasised that many coal producers were running at losses, largely driven by take-or-pay infrastructure contracts or financial liabilities. Coal prices have declined even more since last year, but several factors have helped producers withstand further economic pain.“Our analysis shows that the price floor provided by production costs has decreased significantly, not only because producers reduced costs by gaining economies of scale, better management and budget discipline, but also due to external factors,” said Keisuke Sadamori, Director for Energy Markets and Security. “Depreciation of local currencies in the main exporting countries has been significant and low oil prices also help, as oil represents a significant share of coal costs, especially in open-pit operations.”Coal use in OECD member countries is projected to decline in the outlook period, as growth in Turkey, Korea and Japan fails to offset declines in Europe and America. In the US, retirement of coal capacity and competition from shale gas will lead to a 1.7% decline per year on average during the forecast period. Australia is set to account for the largest growth in exports as Indonesia, driven by higher domestic demand and government policies, slows shipments abroad.Despite coal’s reputation as an old-fashioned, 19th-century fuel, coal markets today are very dynamic: a variety of qualities are traded, new price indexes have been created for different qualities in different regions and an increasing amount of paper trading is taking place. Meanwhile, physical flows of coal are quite sensitive to demand and price developments – not to mention policy changes throughout the world.This report examines whether and when China’s efforts to diversify its energy mix – the so-called ABC (anything but coal) policy – will lead to peak demand for coal in the world’s biggest coal market. It also analyses how the current environment of low prices for coal will affect not just demand and investments but also the ability of coal producers to stay in business, and how new regulations in the main importing and exporting countries may affect international trade.