The Prague Post - Climate talks run into night as COP30 hosts seek breakthrough

EUR -
AED 4.17633
AFN 75.629335
ALL 93.552771
AMD 417.030966
AOA 1042.80361
ARS 1704.08887
AUD 1.626138
AWG 2.046943
AZN 1.935917
BAM 1.952025
BBD 2.2907
BDT 140.39847
BHD 0.428569
BIF 3397.314667
BMD 1.137191
BND 1.46722
BOB 12.800638
BRL 5.823099
BSD 1.137315
BTN 109.025459
BWP 15.615418
BYN 3.262719
BYR 22288.937268
BZD 2.287396
CAD 1.604786
CDF 2570.050757
CHF 0.931075
CLF 0.027296
CLP 1074.258612
CNY 7.701172
CNH 7.693897
COP 3662.504526
CRC 517.601237
CUC 1.137191
CUP 30.135553
CVE 110.052159
CZK 24.162115
DJF 202.53631
DKK 7.474828
DOP 66.173475
DZD 151.706865
EGP 57.677624
ERN 17.05786
ETB 183.576015
FJD 2.535028
FKP 0.853619
GBP 0.854712
GEL 2.985181
GGP 0.853619
GHS 13.238804
GIP 0.853619
GMD 84.151858
GNF 9978.701225
GTQ 8.678178
GYD 237.859393
HKD 8.917946
HNL 30.465749
HRK 7.534799
HTG 148.67573
HUF 360.408129
IDR 20546.192556
ILS 3.475028
IMP 0.853619
INR 109.069721
IQD 1489.951194
IRR 1563637.181069
ISK 142.694445
JEP 0.853619
JMD 179.932012
JOD 0.806281
JPY 186.172908
KES 147.378604
KGS 99.447734
KHR 4594.296448
KMF 493.54069
KRW 1670.193171
KWD 0.352995
KYD 0.947804
KZT 540.44241
LAK 25779.595737
LBP 101850.655884
LKR 382.440362
LRD 205.8564
LSL 18.996477
LTL 3.357829
LVL 0.687875
LYD 7.285909
MAD 10.647109
MDL 19.989132
MGA 4890.584631
MKD 61.411231
MMK 2387.57629
MNT 4084.244985
MOP 9.186735
MRU 45.402192
MUR 53.834955
MVR 17.569167
MWK 1972.163882
MXN 19.853774
MYR 4.645991
MZN 72.664945
NAD 18.997311
NGN 1550.502517
NIO 41.849064
NOK 10.993448
NPR 174.433646
NZD 1.966743
OMR 0.437251
PAB 1.13732
PEN 3.864626
PGK 5.092152
PHP 70.201626
PKR 315.920611
PLN 4.321239
PYG 6877.698554
QAR 4.146081
RON 5.233298
RSD 117.409274
RUB 88.729742
RWF 1674.228299
SAR 4.261836
SBD 9.189757
SCR 16.796815
SDG 682.886009
SEK 11.06594
SGD 1.468358
SLE 27.548438
SOS 649.943012
SRD 42.907318
STD 23537.551034
STN 24.45303
SVC 9.951753
SZL 18.994182
THB 38.255662
TJS 10.497912
TMT 3.980167
TND 3.369483
TRY 53.847135
TTD 7.724129
TWD 36.761948
TZS 2998.206634
UAH 51.078614
UGX 4270.796627
USD 1.137191
UYU 45.671671
UZS 13619.659623
VES 843.00104
VND 29925.172664
VUV 135.426139
WST 3.134462
XAF 654.716688
XAG 0.019387
XAU 0.000279
XCD 3.073315
XCG 2.049736
XDR 0.813579
XOF 654.69083
XPF 119.331742
YER 271.276853
ZAR 19.033263
ZMK 10236.078763
ZMW 21.251554
ZWL 366.174934
  • CMSC

    0.0530

    21.778

    +0.24%

  • RBGPF

    -0.7300

    66

    -1.11%

  • RYCEF

    0.8000

    18.87

    +4.24%

  • NGG

    -0.7250

    81.575

    -0.89%

  • GSK

    0.7900

    52.14

    +1.52%

  • VOD

    0.7350

    15.885

    +4.63%

  • BTI

    -0.2450

    60.715

    -0.4%

  • AZN

    1.2500

    170.51

    +0.73%

  • RELX

    1.4800

    35.89

    +4.12%

  • JRI

    -0.1100

    12.95

    -0.85%

  • BCC

    0.5000

    78.34

    +0.64%

  • CMSD

    0.0400

    22.02

    +0.18%

  • RIO

    0.4200

    91.64

    +0.46%

  • BP

    -1.1200

    42.7

    -2.62%

  • BCE

    0.0500

    21.35

    +0.23%

Climate talks run into night as COP30 hosts seek breakthrough
Climate talks run into night as COP30 hosts seek breakthrough / Photo: MAURO PIMENTEL - AFP/File

Climate talks run into night as COP30 hosts seek breakthrough

COP30 hosts Brazil on Monday extended negotiations into the night at the UN climate talks as they pushed for a rapid compromise among countries very much at deep odds.

Text size:

Following a difficult first week, Brazil set a deadline for nations to finalize "a significant part" of the negotiations by Tuesday evening for approval the following day.

"It's super difficult as you know... but all involved thought that it's worth a try" said COP30 President Andre Correa do Lago in the rainforest city of Belem where the talks are underway.

Sleepless nights are assured, with Correa do Lago extending the program so negotiators were "able to continue working at night."

They have their work cut out.

No progress has been made to reconcile differences over weak climate commitments, insufficient financial pledges and trade measures.

China and India are leading a push for COP30 to adopt a decision against unilateral trade barriers, singling out the EU's Carbon Border Adjustment Mechanism (CBAM) for attack.

Tested since 2023 and set to become fully operational in 2026, CBAM targets imports of carbon-intensive goods such as steel, aluminum, cement, fertilizers, electricity and hydrogen.

The head of China's COP30 delegation, Li Gao, told AFP last week that nations should "avoid the negative impact of, for example, geopolitical unilateralism or protectionism."

But the EU's climate commissioner, Wopke Hoekstra, hit back at attacks over the bloc's flagship policy and defended carbon pricing as "something that we need".

"We're not going to be lured into the suggestion that actually CBAM is a unilateral trade measure. And in that realm, we're also not going to discuss it," Hoekstra said in a news conference.

EU and Chinese officials were due to hold talks later Monday.

- Sleepless in Belem -

UN climate chief Simon Stiell urged negotiators to tackle "the hardest issues fast" to avoid going into overtime at the summit's close on Friday.

"When these issues get pushed deep into extra time, everybody loses. We absolutely cannot afford to waste time on tactical delays or stonewalling," he said.

The COP30 presidency published a memo Sunday evening summarizing the divergent viewpoints and proposing options.

Money is again at the heart of the negotiations, after last year's summit in Baku ended with an agreement for developed countries to provide $300 billion annually in climate finance to poorer nations -- a figure criticized as greatly insufficient.

Developing countries, especially from Africa, want COP30 to point the finger at developed nations for falling short on providing financing to help adapt to climate change and cut emissions.

Another divisive issue was a push by island states -- backed by Latin American nations and the EU -- for COP30 to respond to the latest projections showing the world will fail to limit warming to 1.5C.

But major emerging countries, from China to Saudi Arabia, are wary of any text that implies they are not doing enough to curb climate change.

"For Small Island Developing States, 1.5C is not a political slogan. It is a non-negotiable survival threshold for our people, our culture, and our livelihoods," said Steven Victor, the environment minister of Palau, which is chairing the Alliance of Small Island States (AOSIS).

- Fossil fight -

Victor told fellow ministers that AOSIS was disappointed over a lack of progress since nations agreed in 2023 at COP28 in Dubai to transition away from fossil fuels.

Host nation Brazil wants COP30 to send an ambitious signal on fossil fuels, but it remains unclear what form this might take.

Even supporters are doubtful that stronger language on fossil fuels could be agreed by all countries at COP30 given fierce opposition from major oil-producing nations, among others.

"At the end of the day... it's about phasing out fossil fuels if we are to solve this problem," a delegate from a European country supportive of Brazil's fossil fuel push told AFP.

"They are not talking about it in the negotiating rooms. Someone has to do something about it."

Brazil's Vice President Geraldo Alckmin urged ministers on Monday to agree to "integrated action plans" for transitioning away from fossil fuels.

Alckmin said President Luiz Inacio Lula da Silva might come to Belem this week, which would be "extremely positive."

"Brazil is committed to combating climate change," he said.

ia-ico-alb-lth-np/bjt

G.Turek--TPP