The Prague Post - Concern as climate talks stalls on fossil fuels pledge

EUR -
AED 4.168164
AFN 81.122003
ALL 98.671748
AMD 442.507784
ANG 2.045256
AOA 1039.486014
ARS 1330.848211
AUD 1.773251
AWG 2.042657
AZN 1.926696
BAM 1.952865
BBD 2.290698
BDT 137.842863
BGN 1.955708
BHD 0.427723
BIF 3330.66653
BMD 1.13481
BND 1.482299
BOB 7.839358
BRL 6.442276
BSD 1.134515
BTN 95.879457
BWP 15.530935
BYN 3.712786
BYR 22242.270527
BZD 2.278916
CAD 1.565186
CDF 3260.308462
CHF 0.934079
CLF 0.028143
CLP 1079.987008
CNY 8.251598
CNH 8.245499
COP 4792.630546
CRC 573.048978
CUC 1.13481
CUP 30.072458
CVE 110.785823
CZK 24.956731
DJF 201.678683
DKK 7.46513
DOP 66.783843
DZD 150.490527
EGP 57.684641
ERN 17.022146
ETB 149.624398
FJD 2.563478
FKP 0.847022
GBP 0.850494
GEL 3.115014
GGP 0.847022
GHS 17.374125
GIP 0.847022
GMD 81.12789
GNF 9821.777978
GTQ 8.737025
GYD 238.076438
HKD 8.801323
HNL 29.306411
HRK 7.531772
HTG 148.219882
HUF 404.72981
IDR 18794.718596
ILS 4.130616
IMP 0.847022
INR 96.011541
IQD 1486.600734
IRR 47789.683388
ISK 145.68677
JEP 0.847022
JMD 179.600115
JOD 0.804804
JPY 162.176785
KES 146.956976
KGS 99.239097
KHR 4541.507987
KMF 490.521187
KPW 1021.285951
KRW 1617.325186
KWD 0.347728
KYD 0.945496
KZT 582.210503
LAK 24534.58653
LBP 101622.210291
LKR 339.615645
LRD 226.422901
LSL 21.061893
LTL 3.350798
LVL 0.686435
LYD 6.190405
MAD 10.510891
MDL 19.47408
MGA 5117.991652
MKD 61.511705
MMK 2382.410181
MNT 4054.992006
MOP 9.064638
MRU 45.0803
MUR 51.247972
MVR 17.478028
MWK 1970.029319
MXN 22.240501
MYR 4.896707
MZN 72.63943
NAD 21.061928
NGN 1819.134185
NIO 41.638687
NOK 11.795711
NPR 153.412255
NZD 1.911269
OMR 0.436821
PAB 1.134515
PEN 4.160783
PGK 4.57385
PHP 63.284908
PKR 318.938443
PLN 4.283884
PYG 9086.585797
QAR 4.132407
RON 4.977387
RSD 117.152104
RUB 93.053547
RWF 1608.025374
SAR 4.25663
SBD 9.488482
SCR 16.141929
SDG 681.459659
SEK 10.964112
SGD 1.481613
SHP 0.891782
SLE 25.81704
SLL 23796.374013
SOS 648.542066
SRD 41.814301
STD 23488.270048
SVC 9.926733
SYP 14754.126111
SZL 21.0621
THB 37.895855
TJS 11.957742
TMT 3.983182
TND 3.374952
TOP 2.657841
TRY 43.675756
TTD 7.684588
TWD 36.35647
TZS 3052.637913
UAH 47.063537
UGX 4155.901413
USD 1.13481
UYU 47.736584
UZS 14690.11156
VES 98.215637
VND 29510.726789
VUV 136.641768
WST 3.141606
XAF 654.984298
XAG 0.034741
XAU 0.000343
XCD 3.06688
XDR 0.813352
XOF 652.515286
XPF 119.331742
YER 278.085629
ZAR 21.093111
ZMK 10214.64531
ZMW 31.568119
ZWL 365.408267
  • RIO

    -1.7430

    59.137

    -2.95%

  • NGG

    -0.2850

    72.755

    -0.39%

  • CMSC

    -0.0530

    22.187

    -0.24%

  • BCC

    -2.0700

    92.43

    -2.24%

  • SCS

    -0.0650

    9.945

    -0.65%

  • RBGPF

    -0.4500

    63

    -0.71%

  • RYCEF

    -0.3500

    9.9

    -3.54%

  • GSK

    0.6550

    39.625

    +1.65%

  • BTI

    0.6700

    43.53

    +1.54%

  • JRI

    -0.0300

    12.9

    -0.23%

  • CMSD

    -0.0300

    22.32

    -0.13%

  • VOD

    0.1550

    9.735

    +1.59%

  • RELX

    0.6600

    54.45

    +1.21%

  • AZN

    0.0500

    71.76

    +0.07%

  • BCE

    0.1900

    22.11

    +0.86%

  • BP

    -0.6500

    27.42

    -2.37%

Concern as climate talks stalls on fossil fuels pledge
Concern as climate talks stalls on fossil fuels pledge / Photo: Pedro PARDO - AFP/File

Concern as climate talks stalls on fossil fuels pledge

The failure of UN climate negotiations to double down on a global pledge to move away from planet-heating fossil fuels on Sunday was decried by experts as a "worrying" setback to global progress on curbing warming.

Text size:

Nearly 200 nations spent much of COP29 in Azerbaijan locking horns over a tough-fought finance pact that was finally approved in the early hours of Sunday.

But countries also clashed bitterly over how to build on a landmark pledge at last year's climate talks to "transition away" from fossil fuels.

A text that was supposed to push for ways to put that promise into practice was ultimately not adopted at the close of COP29, with countries lamenting that it had been emptied of substance.

Observers said this meant the meeting in Baku, held in what is expected to be the world's hottest year on record, made virtually no progress on tackling the source of global warming.

Laurence Tubiana, the architect of the landmark 2015 Paris climate accord said the Baku deal was "not as ambitious as the moment demands".

"The impacts of the climate crisis are becoming ever more visible, ever more devastating in both human and economic terms, all over the world, with no region spared," she told AFP.

"The culprits are well known, yet once again fossil fuels have been defended by an ill-prepared COP presidency."

Azerbaijan, an authoritarian state that relies on oil and gas exports, has been accused of lacking the experience and bandwidth to steer such complex negotiations.

Its leader Ilham Aliyev opened the conference by hailing fossil fuels as a "gift of God".

- Fossil fight -

The European Union and other countries tussled with Saudi Arabia over including strong language on the energy transition during the UN talks.

Countries had also discussed ways to measure action, such as tracking progress on the move away from oil, gas and coal.

But a Saudi official told delegates on Thursday that the 22-nation Arab Group would reject any UN climate deal that targeted fossil fuels.

As negotiations wrapped up in the early hours of Sunday, countries and negotiating blocs including vulnerable small island states and Latin American and Caribbean nations said the text had been watered down so much that they could not support it.

"We made historic commitments a year ago, including to transition away from fossil fuels. We came here to translate that commitment into meaningful action and quite simply, we have fallen short," said the delegate from Canada.

The Fiji representative said a failure to agree a strong outcome was "an affront to this process".

Given the objections, the Azerbaijan presidency decided not to adopt the text, which will now be discussed again when negotiators meet next year in June.

Francois Gemenne, a specialist in environmental geopolitics, said the lack of follow up to the fossil fuel pledge was "very worrying" and showed the impact that producers and industry lobbyists can have on climate negotiations.

"We could have expected at least a return to the terms of COP28, but we didn't even get that," he said.

- 'Backward step' -

The international community has agreed that the world should aim to limit global warming to 1.5 degrees Celsius above preindustrial times.

Scientists say carbon dioxide pollution needs to be slashed this decade.

But preliminary research by scientists at the the Global Carbon Project, released during the COP29, found that fossil fuel CO2 emissions continued to rise this year to a new record high.

The failure to progress on emissions at the Baku meeting meant that the 1.5C limit is "very much on life support", said Natalie Jones, a policy advisor at the International Institute for Sustainable Development, a think tank.

"I think it's a backward step," she told AFP, citing concerns that a year of potential progress will be lost and that next year will see "less ambitious leadership" on climate.

Donald Trump, a sceptic of both climate change and foreign assistance, was elected just days before COP29 began and will take office early next year.

With talks mired in acrimony over funding from richer countries, observers said it was difficult for nations to push for more ambition on emissions.

Ultimately, a $300 billion a year pledge from wealthy historic polluters was approved, even as poorer vulnerable countries slammed it as insultingly low.

"The result of this COP is that we haven't really made any new progress on reducing greenhouse gases, but we have saved the process of the Paris Agreement, and we can still hope for better results next year," a European negotiator told AFP.

K.Dudek--TPP