The China Mail - Fossil fuel fight threatens to sink COP30 as negotiations run into overtime

USD -
AED 3.67295
AFN 66.503991
ALL 80.603989
AMD 366.170403
AOA 917.000367
ARS 1491.937904
AUD 1.414627
AWG 1.80125
AZN 1.70397
BAM 1.696506
BBD 2.013896
BDT 123.776354
BHD 0.377104
BIF 2987.5
BMD 1
BND 1.281271
BOB 11.884005
BRL 5.083304
BSD 0.999879
BTN 95.145572
BWP 13.496235
BYN 2.977343
BYR 19600
BZD 2.010921
CAD 1.39555
CDF 2262.50392
CHF 0.80802
CLF 0.023137
CLP 913.560396
CNY 6.747604
CNH 6.743285
COP 3157.16
CRC 454.53954
CUC 1
CUP 26.5
CVE 95.703894
CZK 20.982104
DJF 177.720393
DKK 6.46804
DOP 58.250393
DZD 132.93304
EGP 49.555853
ERN 15
ETB 160.000358
EUR 0.86495
FJD 2.20855
FKP 0.743241
GBP 0.741235
GEL 2.610391
GGP 0.743241
GHS 11.76039
GIP 0.743241
GMD 73.503851
GNF 8775.000355
GTQ 7.628986
GYD 209.187745
HKD 7.84315
HNL 26.880388
HRK 6.518804
HTG 130.738004
HUF 314.060388
IDR 17801
ILS 2.99985
IMP 0.743241
INR 95.13785
IQD 1310.5
IRR 1375550.000352
ISK 123.340386
JEP 0.743241
JMD 158.790465
JOD 0.70904
JPY 157.80604
KES 128.780385
KGS 87.450384
KHR 4052.503796
KMF 426.00035
KRW 1407.890383
KWD 0.30866
KYD 0.833247
KZT 468.616634
LAK 22582.503779
LBP 89550.000349
LKR 335.380452
LRD 181.550382
LSL 16.130381
LTL 2.95274
LVL 0.60489
LYD 6.365039
MAD 9.305039
MDL 17.387495
MGA 4310.000347
MKD 53.374161
MMK 2099.552715
MNT 3596.040078
MOP 8.079926
MRU 40.090379
MUR 47.050378
MVR 15.450378
MWK 1737.000345
MXN 17.136204
MYR 4.090104
MZN 63.905039
NAD 16.250377
NGN 1364.860377
NIO 36.795607
NOK 9.51237
NPR 152.232915
NZD 1.696641
OMR 0.382792
PAB 0.999866
PEN 3.385039
PGK 4.42225
PHP 60.705038
PKR 277.803701
PLN 3.719205
PYG 5945.498155
QAR 3.644504
RON 4.536304
RSD 102.024038
RUB 81.892834
RWF 1465
SAR 3.780227
SBD 8.065696
SCR 14.475038
SDG 600.503676
SEK 9.480804
SGD 1.278204
SLE 24.603667
SOS 600.503662
SRD 37.866504
STD 20697.981008
STN 21.375
SVC 8.749095
SZL 16.245038
THB 33.050369
TJS 9.223917
TMT 3.51
TND 2.912038
TRY 47.697504
TTD 6.777323
TWD 32.250604
TZS 2647.503038
UAH 44.783463
UGX 3724.827703
UYU 40.249652
UZS 11950.000334
VES 755.762404
VND 26204.5
VUV 119.010387
WST 2.728415
XAF 568.992228
XAG 0.015756
XAU 0.00023
XCD 2.70255
XCG 1.802071
XDR 0.708194
XOF 568.000332
XPF 103.350363
YER 238.403589
ZAR 16.14632
ZMK 9001.203584
ZMW 18.872278
ZWL 321.999592
  • CMSC

    0.0240

    21.744

    +0.11%

  • RIO

    1.4500

    101.1

    +1.43%

  • NGG

    0.4700

    80.88

    +0.58%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • VOD

    0.1900

    16.19

    +1.17%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • BTI

    0.6000

    59.33

    +1.01%

  • BCC

    2.3400

    86.6

    +2.7%

  • JRI

    0.1500

    12.81

    +1.17%

  • GSK

    0.7900

    52.96

    +1.49%

  • RELX

    0.0485

    35.52

    +0.14%

  • BP

    -0.6000

    41.63

    -1.44%

  • AZN

    1.4100

    161.42

    +0.87%

Fossil fuel fight threatens to sink COP30 as negotiations run into overtime
Fossil fuel fight threatens to sink COP30 as negotiations run into overtime / Photo: © AFP

Fossil fuel fight threatens to sink COP30 as negotiations run into overtime

Negotiations at COP30 climate talks in Brazil ran into overtime on Saturday with no agreement struck and delegates still locked in a bitter fight over whether to mention fossil fuels in the final text.

Text size:

The conference in the Amazonian city of Belem was supposed to wrap up on Friday evening at 6:00 pm (2100 GMT) but with no agreement finalized, the summit would spill over into the weekend.

Starting around 5:00pm (2000 GMT) delegates representing different sparring nations met for closed-door discussions that ran late into the night.

The discussions focused on minor adjustments to the three main contentious points, multiple observers and delegates told AFP. Those included the ambition to reduce fossil fuel consumption, the amount of financial aid owed by developed countries, and tensions over carbon border taxes.

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, a new draft agreement unveiled earlier this week by COP30 host Brazil made no mention of "fossil fuels" or the "roadmap" that President Luiz Inacio Lula da Silva had himself publicly championed.

European Union climate commissioner Wopke Hoekstra had earlier 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.

Speaking on condition of anonymity, a European delegate said the bloc was being cast as "villains" for refusing to back the deal. Some member states were weighing a walkout, the delegate added, while others feared being blamed if the talks collapsed.

The conference had also been disrupted for several hours on Thursday by a fierce blaze that tore a hole in the venue's roof as well as by two Indigenous-led protests last week.

- 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 oil, coal and gas.

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 the language.

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

Consensus is needed among the nearly 200 nations to land an agreement at the 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."

- Financing 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.

 

It was another element the EU had not wanted included in the agreement.

Y.Su--ThChM