The Prague Post - UN climate summit pushes into overtime as nations clash over fossil fuels

EUR -
AED 4.272161
AFN 75.613312
ALL 96.619636
AMD 444.160415
ANG 2.082748
AOA 1066.731727
ARS 1703.920616
AUD 1.739595
AWG 2.071519
AZN 1.976333
BAM 1.955186
BBD 2.344863
BDT 142.265291
BGN 1.93884
BHD 0.438862
BIF 3445.617154
BMD 1.163284
BND 1.497629
BOB 8.062466
BRL 6.248932
BSD 1.164334
BTN 104.856047
BWP 15.621091
BYN 3.409029
BYR 22800.374578
BZD 2.341464
CAD 1.618158
CDF 2629.023059
CHF 0.931267
CLF 0.026543
CLP 1041.291168
CNY 8.116643
CNH 8.114153
COP 4319.742444
CRC 578.918065
CUC 1.163284
CUP 30.827037
CVE 110.230358
CZK 24.275245
DJF 207.324844
DKK 7.471891
DOP 74.126704
DZD 151.921256
EGP 55.157611
ERN 17.449266
ETB 181.010114
FJD 2.649322
FKP 0.867691
GBP 0.868084
GEL 3.135017
GGP 0.867691
GHS 12.481078
GIP 0.867691
GMD 86.082333
GNF 10190.797361
GTQ 8.927194
GYD 243.543462
HKD 9.067273
HNL 30.702351
HRK 7.54146
HTG 152.48208
HUF 385.674167
IDR 19592.79229
ILS 3.66203
IMP 0.867691
INR 104.978854
IQD 1525.220672
IRR 49003.356259
ISK 147.131726
JEP 0.867691
JMD 184.372058
JOD 0.82479
JPY 183.898948
KES 150.182802
KGS 101.721666
KHR 4675.530632
KMF 493.232418
KPW 1046.960454
KRW 1695.184559
KWD 0.357698
KYD 0.970195
KZT 594.743091
LAK 25167.090795
LBP 104257.135345
LKR 359.926887
LRD 208.984323
LSL 19.268445
LTL 3.434876
LVL 0.703659
LYD 6.315015
MAD 10.751721
MDL 19.733798
MGA 5398.303487
MKD 61.530663
MMK 2442.596824
MNT 4140.223939
MOP 9.348662
MRU 46.429409
MUR 54.336861
MVR 17.984751
MWK 2018.765567
MXN 20.908898
MYR 4.761901
MZN 74.314985
NAD 19.268445
NGN 1662.845102
NIO 42.846535
NOK 11.736644
NPR 167.769276
NZD 2.029967
OMR 0.448849
PAB 1.164234
PEN 3.915569
PGK 4.967439
PHP 68.978138
PKR 325.898281
PLN 4.212078
PYG 7704.578699
QAR 4.244266
RON 5.088092
RSD 117.283142
RUB 92.011423
RWF 1696.86673
SAR 4.362665
SBD 9.457753
SCR 16.119597
SDG 699.715315
SEK 10.716473
SGD 1.497298
SHP 0.872765
SLE 28.064243
SLL 24393.49685
SOS 664.191266
SRD 44.427027
STD 24077.638775
STN 24.492303
SVC 10.186799
SYP 12865.431136
SZL 19.262946
THB 36.533001
TJS 10.838994
TMT 4.071495
TND 3.408429
TOP 2.80091
TRY 50.184671
TTD 7.902516
TWD 36.769445
TZS 2907.786177
UAH 50.216519
UGX 4191.682689
USD 1.163284
UYU 45.325756
UZS 14097.569589
VES 378.047264
VND 30559.48164
VUV 140.001166
WST 3.238563
XAF 655.750919
XAG 0.01423
XAU 0.000256
XCD 3.143835
XCG 2.098241
XDR 0.815544
XOF 655.750919
XPF 119.331742
YER 277.385462
ZAR 19.189237
ZMK 10470.95565
ZMW 22.556911
ZWL 374.577108
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    0.0400

    23.69

    +0.17%

  • BCC

    7.4500

    83.05

    +8.97%

  • NGG

    1.8600

    80.12

    +2.32%

  • GSK

    1.3700

    50.39

    +2.72%

  • CMSC

    0.2800

    23.27

    +1.2%

  • AZN

    0.6400

    94.65

    +0.68%

  • RBGPF

    0.0000

    81.57

    0%

  • BCE

    0.0200

    23.74

    +0.08%

  • BP

    -1.8300

    34.29

    -5.34%

  • JRI

    0.0600

    13.8

    +0.43%

  • RIO

    -2.0800

    81.13

    -2.56%

  • BTI

    -0.3100

    55.19

    -0.56%

  • VOD

    -0.3200

    13.5

    -2.37%

  • RYCEF

    0.3300

    17.45

    +1.89%

  • RELX

    1.0300

    43.14

    +2.39%

UN climate summit pushes into overtime as nations clash over fossil fuels
UN climate summit pushes into overtime as nations clash over fossil fuels / Photo: Pablo PORCIUNCULA - AFP

UN climate summit pushes into overtime as nations clash over fossil fuels

Negotiators pushed into overtime Friday to salvage UN climate talks in Brazil as a bitter fight over whether to mention fossil fuels threatened to derail a final agreement.

Text size:

At stake at COP30 is securing a deal that paves the way for faster cuts to planet-warming emissions that are driving ever more extreme weather -- and proving that international cooperation can still function in a fractured world.

After nearly two weeks of negotiations in the Amazonian city of Belem, a new draft agreement unveiled by COP30 host Brazil made no mention of "fossil fuels" or the word "roadmap" that President Luiz Inacio Lula da Silva had himself publicly supported.

European Union climate commissioner Wopke Hoekstra said the text was "unacceptable" and that the summit risked ending without an agreement.

"I am saying it with a heavy heart, but what is now on the table is clearly no deal," Hoekstra told reporters as negotiators huddled again in efforts to reach a compromise.

- Consensus required -

Thirty-six countries -- including wealthy nations, emerging economies and small island states -- had warned in a letter to Brazil that they would reject any deal that did not include a plan to move away from fossil fuels.

France's ecological transition minister, Monique Barbut, told AFP that oil-rich Russia and Saudi Arabia, along with coal producer India and "many" emerging countries, were blocking a deal on fossil fuels.

Arunabha Ghosh, a special envoy for South Asia at the talks, shot back against "finger pointing."

"To assume that one side cares about the planet and the other side, because they are unhappy with the formulation, does not care about the planet does grievous harm to the spirit of negotiations," he told AFP.

Ghosh also defended the exclusion of the fossil fuel phaseout roadmap, arguing developing countries needed to ensure energy security for their countries and a transition for workers dependent on the sector.

Consensus is needed among the nearly 200 nations to land an agreement at the UN climate conference, which this year is taking place without the United States as President Donald Trump shunned the event.

The head of COP30, Brazilian diplomat Andre Correa do Lago, said ruefully that those who doubt that cooperation is the best way forward for climate change "are going to be absolutely delighted to see that we cannot reach an agreement between us."

The conference, which was disrupted for several hours by a fire at the site on Thursday, was supposed to end on Friday evening at 6:00 pm (2100 GMT) -- a time that came and went, as is often the case at such summits.

- Money fight -

The push for a phaseout of oil, coal and gas -- the main drivers of global warming -- grew out of frustration over a lack of follow-through on the COP28 agreement in Dubai in 2023 to transition away from fossil fuels.

Divisions also remain over trade measures and finance for poorer nations to adapt to the impacts of climate change, such as floods and droughts, and move to a low-carbon future.

The rejected draft said there was a need for a "manyfold increase" in financial support for developing countries. It also called for "efforts to triple adaptation finance" by 2030 compared to 2025 levels.

"The EU is stuck with a much earlier tripling of adaptation finance than they're comfortable with and in exchange they got nothing," said Jake Schmidt, senior strategic director at the Natural Resources Defense Council, an advocacy group.

"It's a tough pill to swallow," Schmidt told AFP.

The EU is also fighting resistance led by China and India to its "carbon tax" on imports such as steel, aluminum, cement and fertilizers -- measures Britain and Canada are also preparing to adopt.

Y.Blaha--TPP