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

EUR -
AED 3.869078
AFN 71.743683
ALL 97.765271
AMD 408.987562
ANG 1.899778
AOA 961.766165
ARS 1051.549899
AUD 1.634491
AWG 1.898778
AZN 1.790054
BAM 1.949108
BBD 2.128393
BDT 125.967517
BGN 1.950036
BHD 0.396986
BIF 3112.982664
BMD 1.053413
BND 1.413162
BOB 7.284061
BRL 6.105483
BSD 1.054081
BTN 88.564074
BWP 14.410661
BYN 3.449689
BYR 20646.901121
BZD 2.124825
CAD 1.48456
CDF 3019.08251
CHF 0.936463
CLF 0.037235
CLP 1027.44669
CNY 7.619965
CNH 7.628703
COP 4714.719871
CRC 536.463257
CUC 1.053413
CUP 27.915453
CVE 109.888763
CZK 25.275642
DJF 187.707327
DKK 7.458809
DOP 63.511945
DZD 140.463773
EGP 51.998879
ERN 15.8012
ETB 127.654237
FJD 2.400745
FKP 0.831477
GBP 0.834188
GEL 2.87057
GGP 0.831477
GHS 16.839345
GIP 0.831477
GMD 74.792269
GNF 9083.812602
GTQ 8.141049
GYD 220.435274
HKD 8.201102
HNL 26.620604
HRK 7.51427
HTG 138.574234
HUF 408.422068
IDR 16780.24218
ILS 3.951158
IMP 0.831477
INR 88.967865
IQD 1380.859105
IRR 44353.967719
ISK 145.518545
JEP 0.831477
JMD 167.405249
JOD 0.746978
JPY 163.732292
KES 136.415161
KGS 91.117401
KHR 4258.420018
KMF 491.416246
KPW 948.071591
KRW 1474.257232
KWD 0.324033
KYD 0.878492
KZT 523.846454
LAK 23162.695542
LBP 94396.106526
LKR 307.952708
LRD 193.955934
LSL 19.177259
LTL 3.110456
LVL 0.637199
LYD 5.148324
MAD 10.509019
MDL 19.153422
MGA 4903.212377
MKD 61.399199
MMK 3421.44538
MNT 3579.498413
MOP 8.45256
MRU 42.079529
MUR 49.731668
MVR 16.285489
MWK 1827.841833
MXN 21.533085
MYR 4.709282
MZN 67.260337
NAD 19.177259
NGN 1753.469495
NIO 38.786833
NOK 11.701568
NPR 141.702838
NZD 1.800506
OMR 0.405574
PAB 1.054091
PEN 4.001661
PGK 4.238488
PHP 61.932804
PKR 292.672469
PLN 4.323256
PYG 8224.761975
QAR 3.842707
RON 4.977167
RSD 117.005807
RUB 105.183805
RWF 1447.743215
SAR 3.95646
SBD 8.831169
SCR 14.319876
SDG 633.635716
SEK 11.595463
SGD 1.415972
SHP 0.831477
SLE 23.912699
SLL 22089.555656
SOS 602.437374
SRD 37.201817
STD 21803.528943
SVC 9.223334
SYP 2646.732426
SZL 19.170364
THB 36.778346
TJS 11.236927
TMT 3.686947
TND 3.325682
TOP 2.467203
TRY 36.265127
TTD 7.157494
TWD 34.285387
TZS 2802.079135
UAH 43.540825
UGX 3868.717556
USD 1.053413
UYU 45.235124
UZS 13492.67568
VES 47.877537
VND 26746.164259
VUV 125.063346
WST 2.940699
XAF 653.706428
XAG 0.034342
XAU 0.000409
XCD 2.846902
XDR 0.794081
XOF 653.712613
XPF 119.331742
YER 263.195093
ZAR 19.188587
ZMK 9482.016784
ZMW 28.940912
ZWL 339.19866
  • RBGPF

    1.6500

    61.84

    +2.67%

  • CMSC

    0.0450

    24.595

    +0.18%

  • JRI

    -0.0466

    13.0299

    -0.36%

  • BCC

    -0.7300

    139.62

    -0.52%

  • BCE

    -0.0140

    26.826

    -0.05%

  • NGG

    0.1200

    62.49

    +0.19%

  • SCS

    0.0400

    13.31

    +0.3%

  • RIO

    0.5500

    60.98

    +0.9%

  • RYCEF

    0.0300

    6.82

    +0.44%

  • GSK

    -0.7459

    33.255

    -2.24%

  • AZN

    -1.5400

    63.5

    -2.43%

  • RELX

    -1.5300

    44.42

    -3.44%

  • VOD

    0.0650

    8.745

    +0.74%

  • CMSD

    -0.0178

    24.34

    -0.07%

  • BTI

    0.8350

    36.325

    +2.3%

  • BP

    -0.1650

    28.885

    -0.57%

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."

H.Hajar--DT