Zürcher Nachrichten - Nations urged to 'go further' as fossil fuel exit talks wrap in Colombia

EUR -
AED 4.199396
AFN 74.32608
ALL 94.131025
AMD 420.162864
ANG 2.046413
AOA 1048.563163
ARS 1700.935661
AUD 1.647416
AWG 2.058248
AZN 1.942175
BAM 1.962694
BBD 2.310825
BDT 141.416693
BGN 1.955169
BHD 0.432621
BIF 3413.403711
BMD 1.143471
BND 1.481109
BOB 7.917204
BRL 5.841651
BSD 1.147335
BTN 109.29553
BWP 15.517502
BYN 3.279532
BYR 22412.035051
BZD 2.307514
CAD 1.616732
CDF 2581.958295
CHF 0.924622
CLF 0.026912
CLP 1059.1984
CNY 7.749247
CNH 7.755982
COP 3706.207341
CRC 521.935459
CUC 1.143471
CUP 30.301986
CVE 110.643449
CZK 24.25876
DJF 204.309549
DKK 7.47486
DOP 67.37694
DZD 152.203983
EGP 57.398941
ERN 17.152068
ETB 184.049622
FJD 2.551942
FKP 0.853784
GBP 0.853801
GEL 3.024458
GGP 0.853784
GHS 13.153912
GIP 0.853784
GMD 84.048613
GNF 10063.345155
GTQ 8.75448
GYD 240.007724
HKD 8.963762
HNL 30.716616
HRK 7.531931
HTG 150.158711
HUF 356.249014
IDR 20678.532748
ILS 3.459801
IMP 0.853784
INR 109.289427
IQD 1503.079216
IRR 1571986.99938
ISK 143.379555
JEP 0.853784
JMD 181.285136
JOD 0.810754
JPY 185.355524
KES 147.713539
KGS 99.995182
KHR 4625.285688
KMF 493.978929
KPW 1029.123643
KRW 1708.746019
KWD 0.354122
KYD 0.956158
KZT 540.899784
LAK 25872.872436
LBP 102737.757711
LKR 384.945397
LRD 208.355422
LSL 18.688256
LTL 3.376373
LVL 0.691674
LYD 7.348843
MAD 10.718057
MDL 20.163055
MGA 4919.32099
MKD 61.641532
MMK 2400.776096
MNT 4098.671067
MOP 9.264439
MRU 45.711752
MUR 54.040786
MVR 17.666436
MWK 1989.605425
MXN 19.993308
MYR 4.660215
MZN 73.068388
NAD 18.688338
NGN 1579.762928
NIO 42.218282
NOK 11.177259
NPR 174.878986
NZD 1.977731
OMR 0.439672
PAB 1.147234
PEN 3.89769
PGK 5.121967
PHP 70.385791
PKR 318.9408
PLN 4.327278
PYG 6975.224348
QAR 4.182763
RON 5.234244
RSD 117.349904
RUB 87.704638
RWF 1685.534789
SAR 4.299067
SBD 9.203323
SCR 16.038354
SDG 686.665051
SEK 11.030449
SGD 1.477519
SHP 0.853717
SLE 27.843099
SLL 23978.026718
SOS 655.703004
SRD 43.00652
STD 23667.544686
STN 24.586246
SVC 10.039261
SYP 126.390268
SZL 18.685629
THB 38.121616
TJS 10.618617
TMT 4.002149
TND 3.391408
TOP 2.753204
TRY 53.744003
TTD 7.795448
TWD 36.680262
TZS 3012.947116
UAH 51.044027
UGX 4221.735562
USD 1.143471
UYU 46.262486
UZS 13857.671844
VES 810.499691
VND 30024.122671
VUV 137.196229
WST 3.157013
XAF 658.274794
XAG 0.019462
XAU 0.000281
XCD 3.090288
XCG 2.067863
XDR 0.818683
XOF 658.271905
XPF 119.331742
YER 271.088421
ZAR 18.695056
ZMK 10292.616328
ZMW 20.680823
ZWL 368.197252
  • CMSC

    0.0650

    22.085

    +0.29%

  • RYCEF

    0.3800

    19.46

    +1.95%

  • GSK

    0.3100

    52.78

    +0.59%

  • BTI

    -0.0151

    60.02

    -0.03%

  • BCE

    0.0600

    21.38

    +0.28%

  • RIO

    1.0500

    90.54

    +1.16%

  • AZN

    -6.8800

    171.61

    -4.01%

  • BP

    0.6500

    39.2

    +1.66%

  • RBGPF

    0.3500

    67.35

    +0.52%

  • NGG

    0.2700

    82.59

    +0.33%

  • CMSD

    0.0700

    22.38

    +0.31%

  • BCC

    3.8200

    76.06

    +5.02%

  • RELX

    0.3700

    32.44

    +1.14%

  • VOD

    1.6400

    14.72

    +11.14%

  • JRI

    -0.0200

    13.01

    -0.15%

Nations urged to 'go further' as fossil fuel exit talks wrap in Colombia
Nations urged to 'go further' as fossil fuel exit talks wrap in Colombia / Photo: Raul ARBOLEDA - AFP/File

Nations urged to 'go further' as fossil fuel exit talks wrap in Colombia

Nearly 60 nations hailed progress in the fight to exit fossil fuels as a breakaway conference wrapped up in Colombia on Wednesday -- but now face the harder work of turning words into action.

Text size:

Ministers and envoys gathered in the coal port of Santa Marta in the hope of speeding the shift away from planet-heating fossil fuels and breaking a stalemate at the UN climate talks.

The conference was announced last year after nations failed to include an explicit reference to fossil fuels in the final deal reached at the UN COP30 climate summit in Brazil.

But organizers say it gained momentum after the US-Israel attacks on Iran ignited a global energy crisis -- underscoring the risks of reliance even as some nations looked to fossil fuels to plug supply gaps.

From tiny island states to European powers and emerging markets, nations attended the conference voluntarily after an effort to tackle fossil fuels head-on at last year's COP30 failed.

"Countries are taking steps," said Dutch Climate Minister Stientje van Veldhoven, whose country co-hosted.

"Everybody who is here is here because they want to move further than where they are right now, and they think that we can be stronger together.

"Together we can be stronger -- and we can go further."

No binding commitments were expected but Colombian Environment Minister Irene Velez Torres said "big results" were achieved nonetheless.

She pointed to the creation of an expert panel of world-renowned climate scientists tasked with helping governments on their own transitions -- a daunting task in particular for developing nations dependent on oil and gas.

She thanked nations for coming together "to talk about the challenges (and) to talk about the taboos."

"When they look back at us from the future...They will remember that we were there and working on the challenges of our time," she said.

The climate-threatened Pacific nation of Tuvalu was also named as host of next year's conference with Ireland in what was seen as a crucial signal that the momentum would carry on beyond the first edition.

- 'Good atmosphere' -

Many major fossil fuel producers turned out for the event, from wealthy economies like Canada and Norway to developing oil giants like Angola and Brazil.

The United States, China, Saudi Arabia and Russia -- among other major producers and consumers of fossil fuels -- did not show up.

The conference bypassed the United Nations climate process altogether, reflecting a growing impatience with its failure to tackle fossil fuels, the main driver of global warming.

Many nations spoke of the relief at not having to cobble an agreement by consensus between nearly 200 nations -- a process that takes nearly two weeks at the annual COP climate summits and often ends in bitter disappointment.

"You could really feel it there -- that it's somehow a new beginning or a wake-up call, like things can't go on this way," German environment state secretary Jochen Flasbarth told reporters, noting "a very good atmosphere here."

Away from the conference rooms on the Caribbean coast, oil prices surged Wednesday to their highest level since early 2022, underlining the risk of fossil fuel reliance.

The global energy crisis triggered by the Middle East war dominated the talks, with fossil fuels cast as a threat to energy independence as much as the climate.

- Tough message -

For many nations -- particularly developing fossil fuel producers -- phasing out a major source of state revenue is easier said than done.

"Not phasing out -- phase down. That is the message," Onuoha Magnus Chidi, an adviser to Nigeria's regional development minister, told AFP in Santa Marta.

"People are going to lose their jobs...How are you trying to re-engage them in other sectors?" said the delegate from one of Africa's biggest oil and gas producers.

Nearly 200 countries agreed at COP28 in 2023 to transition away from fossil fuels, but efforts to turn that pledge into action have stalled.

The discussions in Santa Marta would feed into a voluntary "roadmap" aimed at moving the world away from fossil fuels being compiled by Brazil, said Ana Toni, CEO of last year's COP30.

W.F.Portman--NZN