The Prague Post - UN climate summit runs overtime as fury mounts on fossil fuels

EUR -
AED 4.256694
AFN 73.006558
ALL 96.183185
AMD 437.462357
ANG 2.074413
AOA 1062.652651
ARS 1616.583177
AUD 1.634887
AWG 2.088802
AZN 1.968976
BAM 1.975086
BBD 2.334991
BDT 142.252756
BGN 1.980809
BHD 0.437517
BIF 3441.742426
BMD 1.158836
BND 1.487395
BOB 8.011612
BRL 6.048742
BSD 1.159341
BTN 108.010902
BWP 15.820233
BYN 3.584907
BYR 22713.182337
BZD 2.331679
CAD 1.591719
CDF 2636.351736
CHF 0.91339
CLF 0.026784
CLP 1057.587983
CNY 7.996489
CNH 7.972918
COP 4277.55277
CRC 542.427133
CUC 1.158836
CUP 30.70915
CVE 112.464864
CZK 24.472182
DJF 205.948898
DKK 7.471133
DOP 68.168493
DZD 153.256108
EGP 60.532024
ERN 17.382538
ETB 182.173906
FJD 2.558248
FKP 0.869907
GBP 0.862579
GEL 3.146225
GGP 0.869907
GHS 12.629381
GIP 0.869907
GMD 85.754443
GNF 10171.680078
GTQ 8.868484
GYD 242.551028
HKD 9.078147
HNL 30.790613
HRK 7.5344
HTG 152.071514
HUF 390.82922
IDR 19560.279743
ILS 3.624074
IMP 0.869907
INR 108.151817
IQD 1518.074942
IRR 1524013.975298
ISK 143.799646
JEP 0.869907
JMD 182.132997
JOD 0.821554
JPY 182.779731
KES 150.179997
KGS 101.337763
KHR 4646.931796
KMF 495.9811
KPW 1042.938319
KRW 1723.368534
KWD 0.354812
KYD 0.96618
KZT 557.540752
LAK 24885.999794
LBP 103773.749324
LKR 361.379075
LRD 212.536652
LSL 19.502855
LTL 3.421741
LVL 0.700968
LYD 7.393341
MAD 10.845255
MDL 20.31736
MGA 4826.550671
MKD 61.840893
MMK 2433.253315
MNT 4155.40254
MOP 9.354227
MRU 46.481248
MUR 53.891672
MVR 17.903794
MWK 2012.897608
MXN 20.545118
MYR 4.564685
MZN 74.050655
NAD 19.503121
NGN 1573.11839
NIO 42.552008
NOK 10.987384
NPR 172.811971
NZD 1.971968
OMR 0.445583
PAB 1.159381
PEN 4.0032
PGK 4.985268
PHP 68.413043
PKR 323.488759
PLN 4.267587
PYG 7533.334191
QAR 4.223496
RON 5.094213
RSD 117.478165
RUB 99.83641
RWF 1690.741481
SAR 4.350755
SBD 9.326986
SCR 17.598041
SDG 696.460551
SEK 10.757867
SGD 1.480649
SHP 0.869427
SLE 28.565483
SLL 24300.220556
SOS 662.27146
SRD 43.458668
STD 23985.562074
STN 24.91497
SVC 10.144364
SYP 128.084693
SZL 19.503003
THB 37.627637
TJS 11.10097
TMT 4.055925
TND 3.373661
TOP 2.790198
TRY 51.308384
TTD 7.858106
TWD 36.841128
TZS 3010.068531
UAH 50.982556
UGX 4381.978336
USD 1.158836
UYU 46.959974
UZS 14132.002921
VES 526.906001
VND 30465.794063
VUV 138.374754
WST 3.166195
XAF 662.460109
XAG 0.015907
XAU 0.000249
XCD 3.131812
XCG 2.08942
XDR 0.823884
XOF 662.273593
XPF 119.331742
YER 276.440433
ZAR 19.405896
ZMK 10430.917809
ZMW 22.694786
ZWL 373.144666
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    0.0200

    22.85

    +0.09%

  • BCE

    -0.0200

    25.73

    -0.08%

  • BTI

    0.6300

    58.72

    +1.07%

  • NGG

    -1.8700

    85.53

    -2.19%

  • AZN

    0.5100

    188.93

    +0.27%

  • BP

    1.2500

    45.86

    +2.73%

  • RIO

    -2.0700

    85.65

    -2.42%

  • GSK

    0.3100

    52.37

    +0.59%

  • RYCEF

    -0.5900

    16.01

    -3.69%

  • RELX

    -0.0400

    33.82

    -0.12%

  • BCC

    -1.9800

    69.86

    -2.83%

  • JRI

    -0.1630

    12.16

    -1.34%

  • VOD

    0.0500

    14.42

    +0.35%

  • CMSD

    0.0100

    22.9

    +0.04%

UN climate summit runs overtime as fury mounts on fossil fuels
UN climate summit runs overtime as fury mounts on fossil fuels / Photo: - - AFP

UN climate summit runs overtime as fury mounts on fossil fuels

The world's climate negotiators on Tuesday haggled beyond a host-imposed deadline for a deal as at-risk nations voiced fury over a proposed compromise that stops short of phasing out fossil fuels.

Text size:

The Emirati president of the COP28 summit had pressed the nearly 200 nations to reach an ambitious deal by the official end of talks at 11 am (0700 GMT), in an effort to force decisions.

But after another late night, there was no sign that the talks were anywhere near completion, with negotiators waiting for a fresh text after wide criticism of a draft released Monday.

"We have time and we are prepared to stay a little longer," German Foreign Minister Annalena Baerbock said.

The team from the Marshall Islands -- which lies on average 2.1 metres (seven feet) above sea level and is threatened with submersion as ice melts -- vowed to stay until the end.

The Pacific archipelago's negotiator, John Silk, said that his country "did not come here to sign our death warrant".

Cassie Flynn, global director of climate change at the UN Development Programme, said it was still possible to reach a deal that goes beyond the draft's "watery" language on fossil fuels.

"Parties are working around the clock," she said. "Negotiators are scurrying around rooms and on phone calls to try to find the places where they can agree."

- 'Broken beyond repair' -

Campaigners had hoped the COP28 summit -- set in a glitzy metropolis built on petrodollars -- would take the historic step of calling for the first time for a global phase-out of fossil fuels, which account for three-quarters of greenhouse gas emissions blamed for the planetary crisis.

But climate decisions must be made by consensus and Saudi Arabia, the world's largest oil exporter, has led opposition to the threat to its financial lifeblood.

The draft put forward by COP28 president Sultan Al Jaber -- himself head of the UAE's national oil company -- only lists a series of options including reductions in fossil fuel production and consumption.

Clive Hamilton, a professor at Australia's Charles Sturt University and veteran watcher of climate negotiations, said the "extraordinarily weak draft" showed the influence of the fossil fuel lobby, which showed up at COP28 in record numbers.

"If anything like the current text is adopted, it will show the COP process to be broken beyond repair," he said.

Scientists say the planet has already warmed by 1.2 degrees Celsius (2.2 Fahrenheit) from pre-industrial times and that 2023 -- marked by lethal disasters including wildfires across the world -- has likely been the warmest in 100,000 years.

The 2015 Paris summit endorsed an ambition of checking warming at 1.5 Celsius -- a goal endorsed in the latest draft, but which critics say is virtually impossible without serious efforts to curb oil, gas and coal.

 

"This is a war for survival," he said in a closed-door session which ended at around 2:30 am.

Kerry has supported calls to phase out fossil fuels, even though the United States remains the world's largest oil producer and much of the rival Republican Party adamantly opposes action on climate.

- Revisions expected -

Former US vice president Al Gore, who won the Nobel Peace Prize for his climate advocacy, said that the "obsequious" draft looked as if it had been written by the OPEC oil cartel.

Jaber acknowledged Monday there was work to do, and a person familiar with the COP28 presidency's thinking called Monday's text "an opening gambit" that could be built upon.

The 21-page text does not go so far as to demand action on fossil fuels, only presenting measures that nations "could" take.

"This is not a menu in a restaurant. We have to do all of these things," Canada's Steven Guilbeault, part of a group of ministers tasked by Jaber to shepherd negotiations, told AFP.

F.Prochazka--TPP