Zürcher Nachrichten - UN climate summit to run overtime as fury mounts on fossil fuels

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%

UN climate summit to run overtime as fury mounts on fossil fuels
UN climate summit to run overtime as fury mounts on fossil fuels / Photo: - - AFP

UN climate summit to run overtime as fury mounts on fossil fuels

UN climate talks in Dubai were set Tuesday to run past 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 has repeatedly 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 of haggling, 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".

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.

- 'Broken beyond repair' -

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.

"I don't think anybody here wants to be associated with the failure to live up to this responsibility. Not a lot of people in public life are asked to make life and death choices historically," said US climate envoy John Kerry, who helped negotiate the Paris accord.

"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.

"In order to prevent COP28 from being the most embarrassing and dismal failure in 28 years of international climate negotiations, the final text must include clear language on phasing out fossil fuels," Gore wrote on X, formerly known as Twitter.

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.

 

"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.

The latest draft deal also includes calls to accelerate zero- and low-emission technologies -- including renewables and nuclear power -- in language similar to a joint statement reached last month by the United States and China, the world's two biggest emitters.

W.Odermatt--NZN