Zürcher Nachrichten - UAE to try again for climate deal after fury on fossil fuels

EUR -
AED 4.246655
AFN 73.370436
ALL 95.85756
AMD 436.183723
ANG 2.069944
AOA 1060.363353
ARS 1591.997113
AUD 1.665235
AWG 2.084013
AZN 1.966403
BAM 1.949821
BBD 2.330235
BDT 141.986474
BGN 1.976541
BHD 0.436604
BIF 3434.327888
BMD 1.156339
BND 1.479029
BOB 7.994866
BRL 6.05679
BSD 1.156943
BTN 108.829124
BWP 15.767403
BYN 3.429104
BYR 22664.251381
BZD 2.327115
CAD 1.597489
CDF 2636.453561
CHF 0.915202
CLF 0.02686
CLP 1060.582781
CNY 7.980477
CNH 7.983586
COP 4280.13231
CRC 537.971372
CUC 1.156339
CUP 30.642993
CVE 110.574938
CZK 24.465772
DJF 205.504507
DKK 7.47252
DOP 69.814005
DZD 153.473986
EGP 60.744358
ERN 17.34509
ETB 181.886277
FJD 2.576551
FKP 0.864047
GBP 0.865283
GEL 3.116362
GGP 0.864047
GHS 12.661969
GIP 0.864047
GMD 84.988596
GNF 10152.659388
GTQ 8.855078
GYD 242.07657
HKD 9.041244
HNL 30.66647
HRK 7.536674
HTG 151.720034
HUF 387.345955
IDR 19705.641505
ILS 3.602979
IMP 0.864047
INR 109.375885
IQD 1514.804557
IRR 1518447.025122
ISK 143.189913
JEP 0.864047
JMD 182.245914
JOD 0.819814
JPY 184.257476
KES 150.034967
KGS 101.120955
KHR 4640.390011
KMF 493.756627
KPW 1040.72201
KRW 1739.191954
KWD 0.354522
KYD 0.964189
KZT 558.249982
LAK 24959.585362
LBP 103550.188888
LKR 363.877402
LRD 212.361533
LSL 19.588134
LTL 3.414369
LVL 0.699458
LYD 7.371702
MAD 10.785752
MDL 20.230929
MGA 4821.934928
MKD 61.639763
MMK 2428.506437
MNT 4127.516433
MOP 9.317536
MRU 46.404003
MUR 53.7238
MVR 17.865244
MWK 2008.561579
MXN 20.556765
MYR 4.584305
MZN 73.885704
NAD 19.577233
NGN 1602.061835
NIO 42.460666
NOK 11.201245
NPR 174.129602
NZD 1.99154
OMR 0.444574
PAB 1.157007
PEN 4.001516
PGK 4.983245
PHP 69.387276
PKR 322.676366
PLN 4.275582
PYG 7527.982307
QAR 4.213741
RON 5.094947
RSD 117.421631
RUB 93.661073
RWF 1688.25546
SAR 4.338214
SBD 9.299324
SCR 15.841485
SDG 694.960276
SEK 10.814438
SGD 1.481311
SHP 0.867554
SLE 28.387799
SLL 24247.870647
SOS 660.270118
SRD 43.178292
STD 23933.890033
STN 24.745662
SVC 10.124088
SYP 128.293837
SZL 19.516839
THB 37.892986
TJS 11.078991
TMT 4.047188
TND 3.396748
TOP 2.784187
TRY 51.294885
TTD 7.867183
TWD 36.946082
TZS 2971.860396
UAH 50.797502
UGX 4280.984429
USD 1.156339
UYU 46.837397
UZS 14107.339876
VES 534.333269
VND 30469.542036
VUV 138.191887
WST 3.16629
XAF 653.980002
XAG 0.016298
XAU 0.000256
XCD 3.125065
XCG 2.085287
XDR 0.812319
XOF 651.594744
XPF 119.331742
YER 275.960467
ZAR 19.642349
ZMK 10408.441873
ZMW 21.665598
ZWL 372.340801
  • BCE

    -0.3400

    25.49

    -1.33%

  • CMSC

    0.0400

    22.91

    +0.17%

  • NGG

    1.9600

    84.29

    +2.33%

  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    0.0500

    22.68

    +0.22%

  • RIO

    0.7700

    87.54

    +0.88%

  • GSK

    1.7500

    54.7

    +3.2%

  • BCC

    1.0800

    74.65

    +1.45%

  • JRI

    0.2400

    12.1

    +1.98%

  • AZN

    1.3600

    187.14

    +0.73%

  • RYCEF

    0.3000

    15.9

    +1.89%

  • BTI

    0.6900

    58.45

    +1.18%

  • RELX

    0.0100

    32.47

    +0.03%

  • VOD

    0.0600

    14.72

    +0.41%

  • BP

    0.6200

    45.41

    +1.37%

UAE to try again for climate deal after fury on fossil fuels
UAE to try again for climate deal after fury on fossil fuels / Photo: Karim SAHIB - AFP/File

UAE to try again for climate deal after fury on fossil fuels

The United Arab Emirates promised Tuesday to try again to strike a deal as the Dubai climate summit passed their deadline, with at-risk nations and Western powers rejecting a proposal that stopped short of phasing out fossil fuels.

Text size:

The 13-day COP28 summit in the glitzy metropolis built on petrodollars has debated a historic first-ever global exit from oil, gas and coal, the main culprits in a planetary crisis of warming.

But a draft put forward on Monday by COP28 president Sultan Al Jaber, himself head of the UAE oil company, fell well short, instead presenting reductions in fossil fuels as one of several options.

Negotiators described a mood of anger and tension in talks that again ran through the night, with activists confronting delegates and island leaders saying their very existence was at risk.

The Emirati hosts put a brave face on the outrage, saying they were working on a new draft and noting that UN rules require consensus from the nearly 200 countries at COP28.

"We need to work on how we put their views into the text in a way that everybody can be happy with," said Majid Al Suwaidi, COP28 director general.

The text, he said, offered "honest, practical, pragmatic conversations about where people's red lines really were".

Saudi Arabia, the world's largest oil exporter, has led opposition to what it sees as a threat to its financial lifeblood.

Seeking to force decisions, the Emiratis had urged a deal before the summit's official close Tuesday morning, but Suwaidi said after the deadline that the priority was not to "get the most ambitious outcome possible".

- New push on fossil fuels -

EU climate chief Wopke Hoekstra, who huddled with at-risk nations and UN Secretary-General Antonio Guterres, said he believed a "supermajority" supported strong language on fossil fuels.

German negotiator Jennifer Morgan said talks were seeking "a text the world can coalesce around" that would clearly signal a shift "away from the fossil fuel era".

Zambia, speaking on behalf of the African bloc, supported a phase-down but said the continent's oil producers must receive financial support.

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.

The most emotionally charged appeals have come from low-lying islands, which fear being submerged as polar ice melts and whose teams flew to Dubai at great expense to their national budgets.

John Silk, the negotiator from the Marshall Islands, which lies on average 2.1 metres (seven feet) above sea level, said Monday that his country "did not come here to sign our death warrant".

- 'War for survival' -

Veteran US negotiator John Kerry has also urged stronger language on phasing out fossil fuels, even though the United States is the world's top oil producer and the rival Republican Party is deeply opposed to action on climate.

"This is a war for survival," Kerry, who helped negotiate the Paris accord, told a closed-door session in the early hours Tuesday.

Former US vice president Al Gore, who won the Nobel Peace Prize for his climate advocacy, said that Monday's "obsequious" draft looked as if it had been written by the OPEC oil cartel and warned that without changes the summit would be "the most embarrassing and dismal failure in 28 years of international climate negotiations".

The 21-page text does not go so far as to demand action on fossil fuels, only presenting measures that nations "could" take.

"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.

 

"Parties are working around the clock," she said. "Negotiators are scurrying around rooms and on phone calls to try to find the places where they can agree."

N.Zaugg--NZN