The Prague Post - 'Time to deliver': pressure grows for climate deal in Dubai

EUR -
AED 4.278161
AFN 76.297883
ALL 92.157796
AMD 423.29876
ANG 2.08495
AOA 1069.394468
ARS 1761.092699
AUD 1.612744
AWG 2.099764
AZN 1.984907
BAM 1.957998
BBD 2.345132
BDT 143.245092
BGN 1.976127
BHD 0.439017
BIF 3479.80014
BMD 1.164918
BND 1.472623
BOB 14.583996
BRL 5.934051
BSD 1.164307
BTN 110.805608
BWP 15.632285
BYN 3.566271
BYR 22832.384687
BZD 2.341859
CAD 1.604138
CDF 2685.135012
CHF 0.940316
CLF 0.027286
CLP 1077.338936
CNY 7.817238
CNH 7.809625
COP 3631.164608
CRC 529.219019
CUC 1.164918
CUP 30.870316
CVE 110.388908
CZK 24.245078
DJF 207.352537
DKK 7.474554
DOP 68.426807
DZD 154.900164
EGP 59.640757
ERN 17.473764
ETB 190.217578
FJD 2.555757
FKP 0.860237
GBP 0.859004
GEL 3.029274
GGP 0.860237
GHS 13.303504
GIP 0.860237
GMD 85.625531
GNF 10235.620985
GTQ 8.895985
GYD 243.614953
HKD 9.135551
HNL 31.245072
HRK 7.53679
HTG 152.278117
HUF 363.935979
IDR 20355.769899
ILS 3.518403
IMP 0.860237
INR 110.797351
IQD 1525.312118
IRR 1601266.590582
ISK 140.407499
JEP 0.860237
JMD 183.74625
JOD 0.825912
JPY 178.583614
KES 150.798738
KGS 101.871667
KHR 4718.559732
KMF 493.925214
KPW 1048.42617
KRW 1556.85379
KWD 0.359575
KYD 0.970335
KZT 529.223568
LAK 26063.710057
LBP 104271.517233
LKR 382.570771
LRD 203.189412
LSL 18.69048
LTL 3.439699
LVL 0.704647
LYD 7.365267
MAD 10.88662
MDL 20.114528
MGA 5000.892396
MKD 61.589132
MMK 2445.673709
MNT 4191.710574
MOP 9.405482
MRU 46.608316
MUR 54.576226
MVR 17.997461
MWK 2019.061665
MXN 19.696648
MYR 4.741195
MZN 74.450007
NAD 18.69048
NGN 1541.896902
NIO 42.850121
NOK 10.697578
NPR 177.289373
NZD 1.990239
OMR 0.447921
PAB 1.164357
PEN 3.900362
PGK 5.253897
PHP 72.791002
PKR 322.861618
PLN 4.314138
PYG 6871.713298
QAR 4.244765
RON 5.255061
RSD 117.377019
RUB 99.541748
RWF 1716.908241
SAR 4.374903
SBD 9.312373
SCR 15.99083
SDG 700.694472
SEK 11.149187
SGD 1.471838
SHP 0.863048
SLE 28.647177
SLL 24427.738421
SOS 665.4784
SRD 44.176018
STD 24111.442073
STN 24.527531
SVC 10.188436
SYP 15146.258345
SZL 18.696227
THB 38.31437
TJS 10.753278
TMT 4.088861
TND 3.388303
TOP 2.804842
TRY 56.472001
TTD 7.906248
TWD 36.647146
TZS 3075.385935
UAH 52.020191
UGX 4406.946669
USD 1.164918
UYU 46.852591
UZS 13768.45469
VES 947.861346
VND 30179.519903
VUV 137.438378
WST 3.165557
XAF 656.730805
XAG 0.017602
XAU 0.000265
XCD 3.148248
XCG 2.098573
XDR 0.823657
XOF 656.69412
XPF 119.331742
YER 276.144029
ZAR 18.691394
ZMK 10485.668944
ZMW 22.414121
ZWL 375.102987
  • RBGPF

    -1.0000

    69

    -1.45%

  • RYCEF

    -0.2900

    19.55

    -1.48%

  • CMSC

    0.0600

    20.88

    +0.29%

  • NGG

    0.0150

    78.075

    +0.02%

  • GSK

    0.3100

    48.85

    +0.63%

  • VOD

    -0.0600

    17.25

    -0.35%

  • BCE

    -0.3100

    23.34

    -1.33%

  • AZN

    -1.8100

    158.23

    -1.14%

  • CMSD

    0.0400

    20.72

    +0.19%

  • BTI

    -0.3850

    54.765

    -0.7%

  • RELX

    -0.3300

    34.37

    -0.96%

  • JRI

    -0.0350

    12.165

    -0.29%

  • BCC

    -0.1400

    76.72

    -0.18%

  • BP

    0.6550

    45.535

    +1.44%

  • RIO

    0.0200

    103.85

    +0.02%

'Time to deliver': pressure grows for climate deal in Dubai
'Time to deliver': pressure grows for climate deal in Dubai / Photo: Giuseppe CACACE - AFP

'Time to deliver': pressure grows for climate deal in Dubai

The president of the UN's COP28 climate talks urged negotiators to compromise on Sunday, warning "failure is not an option" as efforts to reach a deal on phasing out fossil fuels met resistance from top oil exporter Saudi Arabia.

Text size:

Less than 48 hours before Tuesday's scheduled deadline, the United Arab Emirates' COP28 chief Sultan Al Jaber said: "I want everyone to show flexibility to act with urgency and to find the common ground.

"The time has come for us to shift gears. The time has come for us to deliver," he told reporters.

- 'We need to find consensus' -

Jaber organised a majlis -- a traditional Gulf Arab meeting held in a circle -- with ministers in a bid to reach a compromise.

"Failure is not an option. What we are after is the common good. What we're after is what in the best interest of everyone, everywhere," he said ahead of the meeting.

"We need to find consensus and common ground on fossil fuel, including coal," Jaber added.

Earlier, Germany's chief negotiator Jennifer Morgan urged Jaber, the UAE's climate envoy and state oil company chief, to push for an ambitious agreement.

"There is a real urgency of action to keep the planetary pain threshold of 1.5 degrees in reach," she said, referring to the goal outlined in the 2015 Paris agreement.

"The COP presidency has reiterated many times that they are here to facilitate an ambitious decision. This means there needs to be strong language on the phase-out of fossil fuels in line with 1.5C."

- 'Blockers at every stage' -

Saudi Arabia, the world's top oil exporter, is said to be the chief opponent of attempts to phase down or phase out fossil fuels, along with India, a major coal producer and consumer.

"I've been following Saudi Arabia in this process for over 30 years and they have been blockers at every stage," said Alden Meyer, senior associate at E3G climate think-tank.

"However, if the (COP28) presidency and other countries can succeed in getting China, India, Russia and others to move and accept some kind of language on fossil fuel phase-out, the pressure on the Saudis will be overwhelming."

A strong final agreement also depends on wealthier nations pledging to provide financial help so that emerging nations can install more solar and wind technology and adapt to the impacts of climate change.

"It is clear that least developed countries will not be able to go at the same speed as G20 economic powerhouses," Morgan said.

"They have to meet development needs but also have the opportunity now to leapfrog unsustainable decisions. This is why we need a package that combines energy transition and energy access."

- 'Deep cuts' -

United Nations Secretary-General Antonio Guterres kept up the pressure, urging delegates to agree big cuts to emissions and calling on oil and gas companies to lead the energy transition.

"I urge fossil fuel companies to use their enormous resources to lead the renewables revolution," he told the Doha Forum in Qatar.

"And I urge global leaders at COP28 in Dubai to agree on deep cuts to emissions in line with 1.5 degrees. That is the only road not only to climate sustainability, but economic sustainability."

- Prayers from the Pope -

At St. Peter's Square in the Vatican, Pope Francis, who missed COP28 following a bout of bronchitis, instructed his followers to pray for a good outcome in Dubai.

"I ask you to pray for us to have good results to safeguard our common home and protect populations," he said during his weekly public prayers.

- 'Not nearly enough' -

Adding further urgency, the International Energy Agency released an assessment showing that non-binding pledges by governments and oil and gas companies so far at COP28 would fall far short of what is required.

The pledges -- tripling renewable energy and doubling energy efficiency by 2030, and sharply reducing methane emissions by energy companies -- would cut energy-related greenhouse gas emissions by only 30 percent of what is needed by 2030, the IEA said.

"While the pledges are positive steps... they would not be nearly enough to move the world onto a path to reaching international climate targets, in particular the goal of limiting global warming to 1.5 degrees Celsius," it said.

C.Zeman--TPP