Zürcher Nachrichten - Lula pushes fossil fuel 'roadmap' back to center of COP30

EUR -
AED 4.278489
AFN 76.301366
ALL 96.530556
AMD 444.389335
ANG 2.085119
AOA 1068.154458
ARS 1670.316609
AUD 1.75427
AWG 2.096704
AZN 1.984845
BAM 1.955415
BBD 2.345238
BDT 142.439297
BGN 1.957372
BHD 0.439074
BIF 3456.06653
BMD 1.164835
BND 1.508396
BOB 8.046379
BRL 6.313529
BSD 1.16437
BTN 104.690912
BWP 15.469884
BYN 3.34764
BYR 22830.773166
BZD 2.341828
CAD 1.611422
CDF 2599.912958
CHF 0.937162
CLF 0.02734
CLP 1072.545921
CNY 8.235507
CNH 8.234944
COP 4446.759008
CRC 568.78787
CUC 1.164835
CUP 30.868137
CVE 110.780379
CZK 24.198994
DJF 207.014999
DKK 7.469472
DOP 74.84113
DZD 151.385181
EGP 55.40272
ERN 17.47253
ETB 180.60972
FJD 2.630723
FKP 0.8723
GBP 0.873382
GEL 3.149553
GGP 0.8723
GHS 13.337819
GIP 0.8723
GMD 85.033396
GNF 10119.511721
GTQ 8.919242
GYD 243.610929
HKD 9.068302
HNL 30.667954
HRK 7.538703
HTG 152.42995
HUF 382.163892
IDR 19442.733022
ILS 3.76907
IMP 0.8723
INR 104.795933
IQD 1525.399284
IRR 49054.133779
ISK 149.006189
JEP 0.8723
JMD 186.373259
JOD 0.825914
JPY 180.836077
KES 150.617641
KGS 101.8653
KHR 4665.166047
KMF 491.560932
KPW 1048.343898
KRW 1715.709753
KWD 0.357232
KYD 0.970405
KZT 588.861385
LAK 25249.913875
LBP 104272.296288
LKR 359.159196
LRD 204.939598
LSL 19.73441
LTL 3.439456
LVL 0.704598
LYD 6.329752
MAD 10.752872
MDL 19.812009
MGA 5193.953775
MKD 61.627851
MMK 2446.083892
MNT 4131.091086
MOP 9.337359
MRU 46.433846
MUR 53.664406
MVR 17.950554
MWK 2019.093291
MXN 21.176696
MYR 4.788683
MZN 74.437324
NAD 19.73441
NGN 1689.139851
NIO 42.851552
NOK 11.767103
NPR 167.505978
NZD 2.016522
OMR 0.447885
PAB 1.164465
PEN 3.914028
PGK 4.940241
PHP 68.699705
PKR 326.441746
PLN 4.232667
PYG 8008.421228
QAR 4.244263
RON 5.093014
RSD 117.420109
RUB 89.113003
RWF 1694.158743
SAR 4.371861
SBD 9.5794
SCR 15.722146
SDG 700.652754
SEK 10.953705
SGD 1.509027
SHP 0.873928
SLE 26.791608
SLL 24426.013032
SOS 664.266196
SRD 44.99647
STD 24109.740275
STN 24.495171
SVC 10.187374
SYP 12881.033885
SZL 19.719113
THB 37.125677
TJS 10.683448
TMT 4.076924
TND 3.415727
TOP 2.804644
TRY 49.510866
TTD 7.893444
TWD 36.432793
TZS 2836.374505
UAH 48.875802
UGX 4119.187948
USD 1.164835
UYU 45.541022
UZS 13930.253805
VES 289.561652
VND 30705.060237
VUV 142.19158
WST 3.250066
XAF 655.824896
XAG 0.019865
XAU 0.000276
XCD 3.148026
XCG 2.098577
XDR 0.815408
XOF 655.723589
XPF 119.331742
YER 277.700931
ZAR 19.720255
ZMK 10484.920268
ZMW 26.920577
ZWL 375.076512
  • CMSC

    -0.0800

    23.4

    -0.34%

  • BCC

    -1.1100

    73.15

    -1.52%

  • GSK

    -0.3270

    48.243

    -0.68%

  • BCE

    0.2500

    23.47

    +1.07%

  • RIO

    -0.3100

    73.42

    -0.42%

  • SCS

    -0.0850

    16.145

    -0.53%

  • NGG

    -0.3900

    75.52

    -0.52%

  • BP

    -0.9650

    36.265

    -2.66%

  • BTI

    -0.8250

    57.215

    -1.44%

  • RBGPF

    0.0000

    78.35

    0%

  • JRI

    0.0300

    13.78

    +0.22%

  • RYCEF

    -0.1400

    14.51

    -0.96%

  • RELX

    -0.1340

    40.406

    -0.33%

  • CMSD

    -0.0550

    23.265

    -0.24%

  • VOD

    -0.1630

    12.47

    -1.31%

  • AZN

    0.2900

    90.32

    +0.32%

Lula pushes fossil fuel 'roadmap' back to center of COP30
Lula pushes fossil fuel 'roadmap' back to center of COP30 / Photo: Pablo PORCIUNCULA - AFP/File

Lula pushes fossil fuel 'roadmap' back to center of COP30

Brazilian President Luiz Inacio Lula da Silva put his "roadmap" from fossil fuels back at the top of UN climate talks on Wednesday, despite failing in a bold bid to seal an early deal.

Text size:

Lula flew into the Amazonian city to bring the weight of the presidency to the summit, in a rare late-stage visit by a head of state or government at the annual gathering.

COP30 host Brazil released a draft pact on Tuesday and pushed negotiators to work through the night, hoping to get nations to agree on the most disputed points as soon as Wednesday -- two days before the conference is scheduled to end.

Lula, who has invested political capital into making what he dubbed the "COP of truth" a success, shuttled between rooms to meet with ministers of various negotiating groups.

The leftist leader first floated the idea of a "roadmap" away from oil, coal and gas earlier this month, setting the summit's ambitious tone.

He returned to the theme Wednesday night, while signaling some willingness to compromise.

"We need to show society that we want this without imposing anything on anyone, without setting deadlines for each country to decide what it can do within its own time, within its own possibilities," he said.

"But we are serious -- we need to reduce greenhouse gas emissions. We need to start thinking about how to live without fossil fuels."

Still, much work remains to reach consensus, not only on fossil fuels, but also trade measures and demands for developed countries to provide more climate financing to poorer nations.

"There is a little bit of movement. But we are still far from the mark because for us, it must be a comprehensive package," French ecological transition minister Monique Barbut told AFP after a coordination meeting with European colleagues. She added, however, that she was "more optimistic" than she was the day before.

- No more money -

The draft underscored the gulf between a broad coalition of more than 80 countries pushing for the "roadmap" and an opposing bloc led by oil-producing countries.

Further complicating matters, there are visible cracks on the Brazilians' front.

The idea of a roadmap was never taken up by the summit's president -- led by Brazilian diplomats who are seen by observers as close to business circles, and under pressure from nations that do not want it brought up.

Negotiators are also at odds with pressure from the developing world for developed countries to provide more financing to help vulnerable nations adapt to climate change and deploy renewable energy.

The COP29 summit in Baku last year concluded with developed nations agreeing to provide $300 billion a year in climate finance, a figure criticized by developing countries as woefully insufficient.

The EU, where many countries are facing economic headwinds and soaring debt, has led the opposition to demands for more money.

"We're not looking at any increases in adaptation finance," Irish climate minister Darragh O'Brien said.

The EU is also fighting attempts led by China and major developing economies to have language against its tax on imports of carbon-intensive goods such as steel, aluminum, cement and fertilizers.

- Grants, not loans -

"There should be at least a mention (of trade measures), because they become a disabler instead of an enabler. So, I think they will be mentioned in some way," Mexican environment minister Alicia Barcena told AFP.

Aisha Humera Moriani, Pakistan's head of delegation, told AFP that "it's extremely important that we find something on the operationalization of that $300 billion."

She added that most of the funding should boost climate-vulnerable countries' resilience to extreme weather and a larger share needs to come as grants, rather than loans that further burden poor nations with debt.

A new text is expected to be published on Wednesday.

COP30 is due to end on Friday, but climate summits regularly run into overtime.

In a sign that Brazil wants to stay on schedule, delegates sleeping on two cruise ships serving as floating hotels have been told to vacate their cabins on Saturday morning.

A.P.Huber--NZN