The China Mail - UN climate summit runs overtime as fury mounts on fossil fuels

USD -
AED 3.672502
AFN 64.492811
ALL 79.750205
AMD 363.683912
ANG 1.790365
AOA 917.000227
ARS 1514.250803
AUD 1.405047
AWG 1.8025
AZN 1.680717
BAM 1.704921
BBD 2.015858
BDT 122.799983
BGN 1.683441
BHD 0.377309
BIF 3006.159305
BMD 1
BND 1.276497
BOB 9.827834
BRL 5.111603
BSD 1.000902
BTN 95.846319
BWP 13.583363
BYN 3.017728
BYR 19600
BZD 2.012981
CAD 1.402855
CDF 2309.99992
CHF 0.82117
CLF 0.023994
CLP 947.400406
CNY 6.695399
CNH 6.69679
COP 3203.92
CRC 447.749483
CUC 1
CUP 26.5
CVE 96.120821
CZK 21.215994
DJF 178.230338
DKK 6.520043
DOP 59.054809
DZD 133.647026
EGP 51.921047
ERN 15
ETB 163.444079
EUR 0.87221
FJD 2.23815
FKP 0.747949
GBP 0.74765
GEL 2.594994
GGP 0.747949
GHS 11.518982
GIP 0.747949
GMD 73.484438
GNF 8798.144822
GTQ 7.63806
GYD 209.344898
HKD 7.844202
HNL 26.92992
HRK 6.569202
HTG 130.812686
HUF 315.578979
IDR 17866
ILS 3.015955
IMP 0.747949
INR 95.79595
IQD 1310.5
IRR 1374850.000255
ISK 120.540294
JEP 0.747949
JMD 157.741027
JOD 0.708997
JPY 157.612501
KES 129.509619
KGS 87.449499
KHR 4055.603262
KMF 430.000492
KPW 900.000318
KRW 1357.990272
KWD 0.30868
KYD 0.834049
KZT 449.063035
LAK 22420.895249
LBP 89627.698759
LKR 330.838539
LRD 173.147757
LSL 16.260151
LTL 2.95274
LVL 0.60489
LYD 6.375457
MAD 9.537462
MDL 17.579802
MGA 4394.999802
MKD 53.632916
MMK 2099.019807
MNT 3596.806502
MOP 8.087347
MRU 40.225095
MUR 47.659768
MVR 15.460072
MWK 1735.442448
MXN 17.229705
MYR 4.076298
MZN 63.898585
NAD 16.285706
NGN 1324.402424
NIO 36.674989
NOK 9.434475
NPR 153.352455
NZD 1.74306
OMR 0.384507
PAB 1.000741
PEN 3.378372
PGK 4.447503
PHP 62.695504
PKR 277.363009
PLN 3.79073
PYG 5956.994216
QAR 3.658022
RON 4.590897
RSD 102.310972
RUB 83.747498
RWF 1472.253582
SAR 3.755168
SBD 8.026013
SCR 13.777917
SDG 601.498035
SEK 9.839565
SGD 1.27575
SHP 0.74758
SLE 24.650063
SLL 20969.491881
SOS 571.487652
SRD 37.710496
STD 20697.981008
STN 21.7
SVC 8.757209
SYP 13002.000254
SZL 16.249882
THB 33.266499
TJS 9.233036
TMT 3.5
TND 2.954011
TOP 2.40776
TRY 48.819901
TTD 6.800894
TWD 31.738499
TZS 2652.44987
UAH 44.807225
UGX 3933.225821
UYU 40.216031
UZS 11800.000084
VES 851.3413
VND 26014.5
VUV 118.301728
WST 2.751033
XAF 572.13219
XAG 0.015292
XAU 0.000232
XCD 2.70255
XCG 1.803837
XDR 0.707052
XOF 572.13219
XPF 104.499765
YER 236.550036
ZAR 16.26848
ZMK 9001.202326
ZMW 19.542219
ZWL 321.999592
SSP 5712.529845
MXV 1.952872
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

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.

D.Wang--ThChM