Zürcher Nachrichten - UN climate talks chief pushes for rapid deal

EUR -
AED 4.175619
AFN 71.630526
ALL 91.673518
AMD 413.161504
ANG 2.035639
AOA 1043.762979
ARS 1725.959854
AUD 1.621131
AWG 2.046594
AZN 1.935087
BAM 1.955373
BBD 2.290259
BDT 140.179369
BGN 1.914067
BHD 0.42868
BIF 3425.551461
BMD 1.136997
BND 1.455182
BOB 13.741031
BRL 5.901126
BSD 1.137132
BTN 109.050018
BWP 15.546236
BYN 3.461144
BYR 22285.132336
BZD 2.28687
CAD 1.608111
CDF 2626.461926
CHF 0.942968
CLF 0.02781
CLP 1098.145714
CNY 7.630782
CNH 7.636774
COP 3791.042109
CRC 516.959756
CUC 1.136997
CUP 27.290557
CVE 110.240911
CZK 24.414329
DJF 202.480618
DKK 7.475553
DOP 67.57464
DZD 152.205
EGP 58.879964
ERN 17.054948
ETB 185.728147
FJD 2.557958
FKP 0.858011
GBP 0.860462
GEL 2.973277
GGP 0.858011
GHS 13.178193
GIP 0.858011
GMD 84.138069
GNF 10000.814659
GTQ 8.684102
GYD 237.90023
HKD 8.91718
HNL 30.518063
HRK 7.532827
HTG 148.816172
HUF 366.1788
IDR 20456.841887
ILS 3.464713
IMP 0.858011
INR 109.14081
IQD 1489.661383
IRR 1562887.029768
ISK 137.806546
JEP 0.858011
JMD 179.340811
JOD 0.806098
JPY 180.71594
KES 147.183991
KGS 99.430007
KHR 4625.72476
KMF 492.319619
KPW 1023.297254
KRW 1557.088381
KWD 0.351229
KYD 0.947514
KZT 502.279321
LAK 25486.637494
LBP 101822.485817
LKR 375.307989
LRD 195.570924
LSL 18.680518
LTL 3.357256
LVL 0.687758
LYD 7.272379
MAD 10.887673
MDL 20.233799
MGA 4984.625816
MKD 61.505478
MMK 2387.200388
MNT 4090.844798
MOP 9.185106
MRU 45.519053
MUR 54.325457
MVR 17.566865
MWK 1971.621773
MXN 20.07924
MYR 4.645079
MZN 72.665398
NAD 18.680354
NGN 1507.874821
NIO 41.850855
NOK 10.82402
NPR 174.49287
NZD 2.010977
OMR 0.437181
PAB 1.137072
PEN 3.852358
PGK 5.065871
PHP 71.394291
PKR 315.05273
PLN 4.382622
PYG 6738.409018
QAR 4.144921
RON 5.277142
RSD 117.512035
RUB 96.641757
RWF 1682.191861
SAR 4.270965
SBD 9.096555
SCR 15.65077
SDG 683.902782
SEK 11.306885
SGD 1.456356
SHP 0.858435
SLE 28.027077
SLL 23842.239877
SOS 649.846567
SRD 42.859136
STD 23533.532951
STN 24.494217
SVC 9.949826
SYP 14783.229403
SZL 18.675919
THB 38.0883
TJS 10.477965
TMT 3.990858
TND 3.363765
TOP 2.737615
TRY 55.547807
TTD 7.733834
TWD 36.186623
TZS 3007.353547
UAH 51.194688
UGX 4462.946269
USD 1.136997
UYU 45.558242
UZS 13429.065531
VES 969.211616
VND 29552.814269
VUV 134.750828
WST 3.128808
XAF 655.957
XAG 0.01799
XAU 0.000267561336
XCD 3.07279
XCG 2.049226
XDR 0.803916
XOF 655.957
XPF 119.331742
YER 269.069929
ZAR 18.699784
ZMK 10234.319786
ZMW 22.115611
ZWL 366.112424
SSP 6495.197224
MXV 2.275561
  • RYCEF

    -0.3000

    19.7

    -1.52%

  • VOD

    0.1700

    16.52

    +1.03%

  • CMSC

    -0.0280

    20.48

    -0.14%

  • RBGPF

    0.0000

    67

    0%

  • RIO

    -0.9600

    94.29

    -1.02%

  • NGG

    0.1450

    75.395

    +0.19%

  • RELX

    0.3400

    33.56

    +1.01%

  • GSK

    0.1600

    49.87

    +0.32%

  • AZN

    2.5100

    165.84

    +1.51%

  • BP

    0.6300

    45.12

    +1.4%

  • BTI

    0.3900

    56.24

    +0.69%

  • BCC

    -1.6500

    76.11

    -2.17%

  • JRI

    -0.1300

    11.12

    -1.17%

  • BCE

    -0.1100

    21.5

    -0.51%

  • CMSD

    0.0210

    20.361

    +0.1%

UN climate talks chief pushes for rapid deal
UN climate talks chief pushes for rapid deal / Photo: Giuseppe CACACE - AFP

UN climate talks chief pushes for rapid deal

The head of UN climate talks pressed nations Friday to move fast to deliver an "unprecedented" pact on tackling global warming, as negotiators scrambled to bridge differences over phasing out fossil fuels.

Text size:

While UN climate talks rarely finish on time, COP28 president Sultan Al Jaber has set the ambitious goal of wrapping up the summit in Dubai on schedule at 11 am (0700 GMT) on Tuesday.

With ministers now in town, Jaber said he wanted negotiators to produce a new draft deal on Friday.

Despite disagreements over the future of fossil fuels, Jaber voiced optimism that the talks hosted by the oil-rich United Arab Emirates can finish with a historic agreement.

"We have the potential to deliver a paradigm shift," he said Friday after delegations from nearly 200 nations took a breather the day before.

"Let us please get this job done. I need you to step up and I need you to come out of your comfort zones," he said.

Climate campaigners have viewed Jaber -- head of UAE national oil firm ADNOC -- with deep suspicion, but he has sought to assure sceptics by stating that a phase-down of fossil fuels was "inevitable".

COP28 kicked off last week with the landmark launch of a loss and damage fund for nations devastated by climate change.

"We have surprised the doubters and inspired the optimists," Jaber said, telling reporters later that he was "positive, hopeful and optimistic".

"I also feel a sense that something unprecedented is possible to happen here at COP28," he said.

A handful of countries, including oil giant Saudi Arabia and major crude consumer China, have resisted the inclusion of language on a phase-out of fossil fuels in the final text.

- 'We can do this' -

A draft deal was released on Tuesday but negotiators failed to produce another text on Wednesday before heading into the break.

Tuesday's document contains three options on fossil fuels.

The first calls for an "orderly and just" exit from hydrocarbons.

The second says countries must accelerate efforts towards the phase-out of "unabated" fossil fuels -- those whose emissions cannot be captured -- and "rapidly" reduce their use to achieve net-zero CO2 in energy systems by around 2050.

US climate envoy John Kerry repeated on Wednesday that carbon capture technology was key to efforts to phase out fossil fuels -- a hint that Washington might be leaning towards the second option.

The third and most controversial option effectively proposes not addressing the issue at all.

Scientists warn that greenhouse gas emissions -- the bulk of which come from burning fossil fuels -- must fall by 43 percent by 2030 for the world to reach the goal of limiting warming to 1.5 degrees Celsius.

Despite the debate over fossil fuels, some governments have voiced optimism that COP28 can deliver an ambitious deal.

"After hours and hours of conversations with parties, I really mean it when I say I believe we can do this. I believe it is possible," said Denmark's Dan Jorgensen, one of the climate ministers tasked with leading the talks.

- 'Keep carbon in the soil' -

Saudi Arabia has been the most vocal nation against a phase-out or even a phase-down of fossil fuels.

"As one of the largest producers of hydrocarbons, they refuse to have a solution imposed upon them," Umar Karim, an expert on Saudi politics at the University of Birmingham, told AFP.

Kristian Ulrichsen, a Middle East fellow at Rice University, said Saudi Arabia would seek a coalition with like-minded countries on fossil fuels, including China and Russia.

But other observers said China is playing a constructive role at the talks.

While the country is the world's biggest emitter of greenhouse gases, it is also the top producer of renewable energy.

Activists held another protest at the sprawling COP28 venue Friday to demand an end to fossil fuels, chanting "no coal, no oil, keep the carbon in the soil!"

F.E.Ackermann--NZN