The China Mail - Amazon summit seals climate deal without fossil fuel plan

USD -
AED 3.672502
AFN 66.000197
ALL 80.697151
AMD 366.140164
AOA 918.000215
ARS 1496.239599
AUD 1.41677
AWG 1.8025
AZN 1.698216
BAM 1.693949
BBD 2.013026
BDT 123.715983
BHD 0.377097
BIF 2992.5
BMD 1
BND 1.281592
BOB 12.13835
BRL 5.139397
BSD 0.999498
BTN 95.018556
BWP 13.553788
BYN 2.956053
BYR 19600
BZD 2.010125
CAD 1.400885
CDF 2260.999695
CHF 0.806745
CLF 0.023148
CLP 914.019672
CNY 6.749884
CNH 6.747135
COP 3182.69
CRC 453.238407
CUC 1
CUP 26.5
CVE 95.720523
CZK 20.93075
DJF 177.719659
DKK 6.46924
DOP 58.250135
DZD 132.812703
EGP 49.803198
ERN 15
ETB 159.950237
EUR 0.865398
FJD 2.210021
FKP 0.743223
GBP 0.742525
GEL 2.614953
GGP 0.743223
GHS 11.724975
GIP 0.743223
GMD 73.497329
GNF 8782.501597
GTQ 7.623551
GYD 209.07221
HKD 7.843535
HNL 26.859789
HRK 6.5197
HTG 130.679554
HUF 313.14602
IDR 17879
ILS 3.00375
IMP 0.743223
INR 95.07895
IQD 1310.5
IRR 1374799.999856
ISK 122.720325
JEP 0.743223
JMD 158.828319
JOD 0.708998
JPY 157.685498
KES 129.370087
KGS 87.450024
KHR 4052.501203
KMF 426.999813
KRW 1423.390058
KWD 0.30922
KYD 0.83294
KZT 469.017006
LAK 22605.000185
LBP 89550.000368
LKR 335.394689
LRD 181.249812
LSL 16.310315
LTL 2.95274
LVL 0.60489
LYD 6.364992
MAD 9.31375
MDL 17.365547
MGA 4302.500677
MKD 53.244888
MMK 2099.302342
MNT 3598.197717
MOP 8.074676
MRU 40.080055
MUR 46.980119
MVR 15.449507
MWK 1737.000536
MXN 17.239496
MYR 4.089029
MZN 63.910031
NAD 16.320038
NGN 1362.460168
NIO 36.783939
NOK 9.52875
NPR 152.030834
NZD 1.698985
OMR 0.384494
PAB 0.999476
PEN 3.384992
PGK 4.423504
PHP 60.697951
PKR 277.803533
PLN 3.72235
PYG 5960.609053
QAR 3.64575
RON 4.540197
RSD 101.552373
RUB 80.972528
RWF 1466
SAR 3.752529
SBD 8.068348
SCR 14.514963
SDG 600.498985
SEK 9.48415
SGD 1.28085
SLE 24.597463
SOS 600.505497
SRD 37.668003
STD 20697.981008
STN 21.5
SVC 8.745171
SZL 16.310048
THB 33.069773
TJS 9.224886
TMT 3.5
TND 2.914014
TRY 47.591298
TTD 6.779955
TWD 32.279898
TZS 2649.997991
UAH 44.726481
UGX 3727.762476
UYU 40.187774
UZS 11934.9999
VES 754.21125
VND 26251
VUV 119.564009
WST 2.736752
XAF 568.132273
XAG 0.016073
XAU 0.000234
XCD 2.70255
XCG 1.801269
XDR 0.707453
XOF 568.501607
XPF 103.799797
YER 236.875012
ZAR 16.31165
ZMK 9001.203608
ZMW 19.079252
ZWL 321.999592
  • RBGPF

    -1.2500

    69.74

    -1.79%

  • CMSC

    -0.0600

    21.73

    -0.28%

  • AZN

    5.8800

    161.5

    +3.64%

  • GSK

    -0.0700

    51.46

    -0.14%

  • BTI

    0.1500

    59.27

    +0.25%

  • CMSD

    0.0200

    22.04

    +0.09%

  • BCE

    0.0600

    22.06

    +0.27%

  • RIO

    2.5000

    101.51

    +2.46%

  • NGG

    -0.1600

    80.26

    -0.2%

  • RYCEF

    0.6500

    21

    +3.1%

  • RELX

    -0.1900

    36.61

    -0.52%

  • JRI

    -0.0500

    12.67

    -0.39%

  • BCC

    -1.6900

    84.8

    -1.99%

  • VOD

    -0.3800

    15.31

    -2.48%

  • BP

    -1.2300

    41.21

    -2.98%

Amazon summit seals climate deal without fossil fuel plan
Amazon summit seals climate deal without fossil fuel plan / Photo: © AFP/File

Amazon summit seals climate deal without fossil fuel plan

Nations clinched a deal at the UN's COP30 climate summit in the Amazon Saturday without a roadmap for phasing out fossil fuels as demanded by the European Union and other countries.

Text size:

Nearly 200 countries approved the deal by consensus after two weeks of fraught negotiations in the Brazilian city of Belem, with the notable absence of the United States as President Donald Trump shunned the event.

Applause rang out in the plenary session after COP30 president and Brazilian diplomat Andre Correa do Lago slammed a gavel signalling its approval.

The EU and other nations had pushed for a deal that would call for a "roadmap" to phase out fossil fuels, but the words do not appear in the text.

Instead, the agreement calls on countries to "voluntarily" accelerate their climate action and recalls the consensus reached at COP28 in Dubai. That 2023 deal called for the world to transition away from fossil fuels.

The EU, which had warned that the summit could end without a deal if fossil fuels were not addressed, accepted the watered-down language.

"We're not going to hide the fact that we would have preferred to have more, to have more ambition on everything," EU climate commissioner Wopke Hoekstra told reporters.

"We should support it because it is at least going in the right direction," said Hoekstra.

More than 30 countries including European nations, emerging economies and small island states had signed a letter warning Brazil they would reject any deal without a plan to move away from oil, gas and coal.

But a member of an EU delegation told AFP that the 27-nation bloc was "isolated" and cast as the "villains" at the talks.

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

French ecological transition minister Monique Barbut had accused oil-rich Saudi Arabia and Russia, along with coal producer India and "many" other emerging countries, of refusing language on a fossil-fuel phaseout.

She said Saturday the text was bland but that there was "nothing extraordinarily bad in it."

The deal caps a chaotic two weeks in Belem, with Indigenous protesters breaching the venue and blocking its entrance last week and a fire erupting inside the compound on Thursday, forcing a mass evacuation.

- Money and trade -

Finishing without a deal would have been a black eye for Brazilian President Luiz Inacio Lula da Silva, who had staked political capital in the success of what he called the "COP of truth."

It was also a major test for international cooperation when Trump decided to skip COP30.

"We also have to weigh the backdrop of geopolitics, and in the end there is no other process we have," German environment state secretary Jochen Flasbarth told AFP.

Developing nations, for their part, had pushed the EU and other developed economies to pledge more money to help them adapt to the impact of climate change, such as floods and droughts, and move toward a low-carbon future.

The EU had resisted such appeals but the deal calls for efforts to "at least triple" adaptation finance by 2035.

"Intergovernmental negotiations work on a minimum common denominator, but our fight will continue," a negotiator from Bangladesh told AFP in a muted reception of the terms.

The EU had also rejected language on trade in the text, as demanded by China and other emerging countries. The final deal calls for "dialogue" on trade issues.

The head of China's delegation at COP30, Li Gao, told AFP that the summit will go down as a success.

"I'm happy with the outcome," Li said. "We achieved this success in a very difficult situation, so it shows that the international community would like to show solidarity and make joint efforts to address climate change."

X.Gu--ThChM