Zürcher Nachrichten - Pressure mounts on COP28 president as fossil fuel debate sizzles

EUR -
AED 4.333943
AFN 77.886842
ALL 96.792942
AMD 447.296501
ANG 2.112488
AOA 1082.159122
ARS 1713.458937
AUD 1.696407
AWG 2.124194
AZN 1.996602
BAM 1.947356
BBD 2.379383
BDT 144.483519
BGN 1.981838
BHD 0.444943
BIF 3498.430304
BMD 1.180108
BND 1.500606
BOB 8.192823
BRL 6.20808
BSD 1.181378
BTN 108.03203
BWP 15.549237
BYN 3.382732
BYR 23130.117712
BZD 2.375908
CAD 1.613538
CDF 2543.133159
CHF 0.919263
CLF 0.025867
CLP 1021.391854
CNY 8.197621
CNH 8.187991
COP 4274.41035
CRC 586.16336
CUC 1.180108
CUP 31.272863
CVE 110.782636
CZK 24.314731
DJF 209.728756
DKK 7.46822
DOP 74.287605
DZD 153.336689
EGP 55.568333
ERN 17.701621
ETB 183.211244
FJD 2.604026
FKP 0.861189
GBP 0.863178
GEL 3.180407
GGP 0.861189
GHS 12.928055
GIP 0.861189
GMD 86.725765
GNF 10327.125434
GTQ 9.064695
GYD 247.168748
HKD 9.216882
HNL 31.213903
HRK 7.536877
HTG 154.830622
HUF 380.943748
IDR 19785.927529
ILS 3.659326
IMP 0.861189
INR 106.761956
IQD 1546.531595
IRR 49712.051645
ISK 145.200535
JEP 0.861189
JMD 185.488081
JOD 0.836727
JPY 183.523283
KES 152.387676
KGS 103.200652
KHR 4750.534523
KMF 493.285478
KPW 1062.097242
KRW 1711.664242
KWD 0.362458
KYD 0.984473
KZT 596.578289
LAK 25366.422407
LBP 100958.242999
LKR 365.838373
LRD 219.499673
LSL 19.011247
LTL 3.484552
LVL 0.713836
LYD 7.458173
MAD 10.808314
MDL 20.001122
MGA 5251.480408
MKD 61.658671
MMK 2478.210923
MNT 4206.642931
MOP 9.503692
MRU 47.121434
MUR 53.872178
MVR 18.232606
MWK 2049.847706
MXN 20.52202
MYR 4.671456
MZN 75.231947
NAD 19.011085
NGN 1641.53047
NIO 43.30141
NOK 11.441467
NPR 172.851978
NZD 1.962741
OMR 0.453763
PAB 1.181383
PEN 3.972238
PGK 5.001318
PHP 69.531845
PKR 330.135697
PLN 4.221949
PYG 7854.940943
QAR 4.297069
RON 5.095943
RSD 117.395934
RUB 90.220397
RWF 1714.696992
SAR 4.425624
SBD 9.50943
SCR 16.816716
SDG 709.838278
SEK 10.571614
SGD 1.500395
SHP 0.885387
SLE 28.883091
SLL 24746.274816
SOS 674.433345
SRD 44.873592
STD 24425.853934
STN 25.077296
SVC 10.337309
SYP 13051.493324
SZL 19.011467
THB 37.149753
TJS 11.033804
TMT 4.142179
TND 3.36036
TOP 2.841417
TRY 51.311217
TTD 7.998387
TWD 37.281027
TZS 3054.698637
UAH 50.877442
UGX 4219.703348
USD 1.180108
UYU 45.831275
UZS 14456.323222
VES 436.394019
VND 30706.41137
VUV 140.617793
WST 3.199014
XAF 653.152601
XAG 0.014267
XAU 0.000247
XCD 3.189301
XCG 2.129068
XDR 0.810988
XOF 650.832122
XPF 119.331742
YER 281.308231
ZAR 18.963758
ZMK 10622.392479
ZMW 23.184454
ZWL 379.994309
  • RIO

    1.4900

    92.52

    +1.61%

  • SCS

    0.0200

    16.14

    +0.12%

  • NGG

    -0.6600

    84.61

    -0.78%

  • CMSC

    -0.0100

    23.75

    -0.04%

  • BTI

    0.3100

    60.99

    +0.51%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    0.7000

    16.7

    +4.19%

  • CMSD

    0.0300

    24.08

    +0.12%

  • BCE

    -0.0300

    25.83

    -0.12%

  • GSK

    0.8700

    52.47

    +1.66%

  • BCC

    0.9400

    81.75

    +1.15%

  • BP

    -0.1800

    37.7

    -0.48%

  • RELX

    -0.2700

    35.53

    -0.76%

  • AZN

    1.3100

    188.41

    +0.7%

  • JRI

    0.0700

    13.15

    +0.53%

  • VOD

    0.2600

    14.91

    +1.74%

Pressure mounts on COP28 president as fossil fuel debate sizzles
Pressure mounts on COP28 president as fossil fuel debate sizzles / Photo: Giuseppe CACACE - AFP

Pressure mounts on COP28 president as fossil fuel debate sizzles

The Emirati head of UN climate talks faced growing pressure Wednesday to steer nations towards a consensus as negotiators sparred over the thorny issue of fossil fuels.

Text size:

A report confirming that 2023 will be the hottest year in recorded history was a reminder of the stakes as the UN negotiations hosted by the oil-rich UAE reached their midway point.

A new draft climate agreement had been expected on Wednesday but none was published by the end of the afternoon. The negotiations are due to end, in theory, on December 12.

The fate of oil, gas and coal -- the main drivers of human-caused planet heating -- has been the biggest sticking point on the agenda, and divisions around their future have dominated the conference.

"We have a starting text on the table, but it's a grab bag of ... wish lists and heavy on posturing," UN climate chief Simon Stiell told a news conference.

"At the end of next week, we need COP to deliver a bullet train to speed up climate action. We currently have an old caboose chugging over rickety tracks."

Urging embattled COP28 president Sultan Al Jaber to ease differences, Spain's Ecological Transition Minister Teresa Ribera said: "We expect from the COP president to be an honest broker and we expect leadership."

The Alliance of Small Islands States, which includes some of the world's most climate-vulnerable countries, called for "major emitters to enhance their commitments".

"If we fail, the consequences will be catastrophic," the alliance's chairman Cedric Schuster said.

- 'Orderly and just' -

Battle lines have previously been drawn on whether to agree to "phase out" or "phase down" fossil fuels.

However the latest text includes a new phrase calling for an "orderly and just" phase-out.

One person familiar with the talks said the word "orderly" came from Jaber, who also heads UAE national oil company ADNOC.

The language could signal a consensus candidate as it would give countries different timelines to cut emissions depending on their level of development and reliance on fossil fuels.

But there is another option: no mention at all of fossil fuels, which reflects opposition from nations including Saudi Arabia, Russia and China, according to several observers who attended the closed meetings.

During closed-door talks on Tuesday, Saudi Arabia again opposed any mention of fossils, saying it would avoid "the trauma of explaining our position ... that is well noted and clear," according to meeting participants.

China, India and a group representing Arab states have called for the deletion of an entire paragraph on an energy package, while Russia proposed adding text on gas as a "transition fuel," the participants said.

- 'Temperature will keep rising' -

With flagrant divisions coming to the fore, Europe has called for a harder line.

"I want this COP to mark the beginning of the end for fossil fuels," European climate commissioner Wopke Hoekstra said on Wednesday.

Germany's climate envoy Jennifer Morgan told AFP that "it is necessary that every party move away from their red lines (and) into solutions".

"We need to roll up our sleeves and get it done."

For his part, Stiell said the "key now is to sort the wheat from the chaff," urging a move towards consensus, while US climate envoy John Kerry stressed that "adults need to behave like adults".

The new draft must be brought to a large plenary meeting taking stock of the first week of talks ahead of a rest day on Thursday.

Meanwhile, the EU's Copernicus Climate Change Service said on Wednesday that 2023 will be the hottest on record after November became the sixth record-breaking month in a row.

Last month smashed the previous November heat record, pushing 2023's global average temperature to 1.46C warmer than the pre-industrial era, the service said.

 

"The temperature will keep rising and so will the impacts of heatwaves and droughts."

F.Carpenteri--NZN