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

EUR -
AED 4.239763
AFN 72.158596
ALL 94.976352
AMD 425.349641
ANG 2.067019
AOA 1059.796721
ARS 1654.64246
AUD 1.648432
AWG 2.080919
AZN 1.945012
BAM 1.955305
BBD 2.326151
BDT 141.764088
BGN 1.92786
BHD 0.435592
BIF 3452.040476
BMD 1.154463
BND 1.487123
BOB 7.981013
BRL 5.983346
BSD 1.154927
BTN 110.029604
BWP 15.684095
BYN 3.179095
BYR 22627.465986
BZD 2.322812
CAD 1.610209
CDF 2627.556752
CHF 0.922271
CLF 0.02686
CLP 1057.118247
CNY 7.818886
CNH 7.82467
COP 4110.371553
CRC 529.665824
CUC 1.154463
CUP 30.593258
CVE 110.238984
CZK 24.182816
DJF 205.171133
DKK 7.474868
DOP 67.38293
DZD 154.264319
EGP 59.822289
ERN 17.316938
ETB 186.198139
FJD 2.566659
FKP 0.86228
GBP 0.863036
GEL 3.059702
GGP 0.86228
GHS 13.45465
GIP 0.86228
GMD 84.276131
GNF 10117.612274
GTQ 8.80377
GYD 241.629837
HKD 9.046484
HNL 30.876713
HRK 7.532526
HTG 151.061733
HUF 356.311074
IDR 20741.074179
ILS 3.437585
IMP 0.86228
INR 110.517163
IQD 1513.016721
IRR 1587588.037964
ISK 143.419044
JEP 0.86228
JMD 182.373801
JOD 0.818482
JPY 185.356466
KES 149.537015
KGS 100.956715
KHR 4647.842733
KMF 492.955691
KPW 1038.849185
KRW 1765.467597
KWD 0.357122
KYD 0.96246
KZT 563.399719
LAK 25431.667768
LBP 103423.548565
LKR 384.599236
LRD 210.197663
LSL 19.135084
LTL 3.408828
LVL 0.698323
LYD 7.373036
MAD 10.694891
MDL 20.100995
MGA 4844.772717
MKD 61.611921
MMK 2423.121221
MNT 4128.685183
MOP 9.322179
MRU 46.180102
MUR 55.252767
MVR 17.848112
MWK 2002.701347
MXN 20.085628
MYR 4.695892
MZN 73.797886
NAD 19.135084
NGN 1571.270228
NIO 42.499234
NOK 10.938936
NPR 176.047166
NZD 1.993255
OMR 0.443892
PAB 1.154912
PEN 3.926805
PGK 5.1337
PHP 70.662326
PKR 321.390953
PLN 4.250211
PYG 7133.254785
QAR 4.210979
RON 5.238029
RSD 117.36384
RUB 83.409187
RWF 1694.278142
SAR 4.334352
SBD 9.288313
SCR 17.105777
SDG 693.248401
SEK 10.975066
SGD 1.486498
SHP 0.861923
SLE 28.457351
SLL 24208.504879
SOS 660.035658
SRD 43.131862
STD 23895.043941
STN 24.494219
SVC 10.105615
SYP 127.605167
SZL 19.130237
THB 38.018739
TJS 10.804169
TMT 4.052164
TND 3.3899
TOP 2.779669
TRY 53.281797
TTD 7.839014
TWD 36.638602
TZS 3030.461838
UAH 52.042217
UGX 4347.973891
USD 1.154463
UYU 46.788148
UZS 13922.714281
VES 654.549321
VND 30388.340481
VUV 137.94937
WST 3.168993
XAF 655.793714
XAG 0.018165
XAU 0.000283
XCD 3.119993
XCG 2.081473
XDR 0.816003
XOF 655.782356
XPF 119.331742
YER 275.512217
ZAR 19.108721
ZMK 10391.541044
ZMW 20.009018
ZWL 371.73647
  • RBGPF

    2.0500

    60.72

    +3.38%

  • CMSC

    -0.0100

    22.3

    -0.04%

  • RYCEF

    -0.2300

    16.49

    -1.39%

  • RELX

    -0.9600

    33.98

    -2.83%

  • BP

    0.2800

    42.95

    +0.65%

  • BCE

    0.1300

    24.71

    +0.53%

  • BTI

    1.1700

    61.12

    +1.91%

  • NGG

    -0.7000

    80.38

    -0.87%

  • GSK

    -0.0800

    51.17

    -0.16%

  • RIO

    -2.3600

    99.06

    -2.38%

  • VOD

    0.3800

    15.05

    +2.52%

  • CMSD

    0.0100

    22.29

    +0.04%

  • AZN

    -4.4700

    178.96

    -2.5%

  • JRI

    0.1400

    12.86

    +1.09%

  • BCC

    -1.7000

    68.31

    -2.49%

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