Dubai Telegraph - UN climate talks open in oil-rich UAE with pressure for urgent action

EUR -
AED 4.320095
AFN 75.885663
ALL 95.39106
AMD 434.359293
ANG 2.105503
AOA 1079.875165
ARS 1641.608916
AUD 1.626097
AWG 2.117403
AZN 2.00155
BAM 1.955617
BBD 2.368967
BDT 144.323592
BGN 1.962246
BHD 0.444119
BIF 3501.171877
BMD 1.176335
BND 1.49156
BOB 8.128238
BRL 5.776866
BSD 1.176185
BTN 111.070676
BWP 15.79252
BYN 3.324188
BYR 23056.161221
BZD 2.365567
CAD 1.606091
CDF 2724.390954
CHF 0.915576
CLF 0.026587
CLP 1046.373458
CNY 8.005017
CNH 8.000023
COP 4398.19802
CRC 540.701063
CUC 1.176335
CUP 31.172871
CVE 110.244828
CZK 24.30766
DJF 209.470369
DKK 7.473237
DOP 69.953444
DZD 155.593016
EGP 62.020486
ERN 17.645021
ETB 183.670087
FJD 2.570173
FKP 0.864396
GBP 0.864212
GEL 3.152187
GGP 0.864396
GHS 13.250758
GIP 0.864396
GMD 85.872502
GNF 10320.111643
GTQ 8.981158
GYD 246.116934
HKD 9.20856
HNL 31.271069
HRK 7.533241
HTG 154.005567
HUF 356.064543
IDR 20432.346547
ILS 3.416253
IMP 0.864396
INR 111.13652
IQD 1540.955585
IRR 1544409.901346
ISK 143.806836
JEP 0.864396
JMD 185.392625
JOD 0.834004
JPY 184.389884
KES 151.900296
KGS 102.835777
KHR 4719.557692
KMF 492.883828
KPW 1058.643569
KRW 1725.519067
KWD 0.361876
KYD 0.980308
KZT 543.610531
LAK 25796.582394
LBP 105337.827942
LKR 378.68071
LRD 215.849771
LSL 19.297891
LTL 3.473411
LVL 0.711553
LYD 7.437639
MAD 10.757232
MDL 20.115115
MGA 4913.101009
MKD 61.641843
MMK 2469.840437
MNT 4209.987489
MOP 9.484411
MRU 47.016594
MUR 55.076306
MVR 18.180264
MWK 2039.30888
MXN 20.271482
MYR 4.612434
MZN 75.167161
NAD 19.297891
NGN 1599.45028
NIO 43.28208
NOK 10.821804
NPR 177.729344
NZD 1.973736
OMR 0.452335
PAB 1.17629
PEN 4.066656
PGK 5.19405
PHP 71.143536
PKR 327.806219
PLN 4.232417
PYG 7184.685358
QAR 4.299213
RON 5.224695
RSD 117.388809
RUB 87.170473
RWF 1724.438389
SAR 4.447279
SBD 9.448624
SCR 16.852352
SDG 706.388119
SEK 10.84046
SGD 1.491516
SHP 0.878253
SLE 28.944025
SLL 24667.14716
SOS 672.236999
SRD 44.031407
STD 24347.754442
STN 24.495518
SVC 10.292117
SYP 130.036684
SZL 19.285193
THB 37.889551
TJS 10.974871
TMT 4.128935
TND 3.41668
TOP 2.832332
TRY 53.363256
TTD 7.971541
TWD 36.930438
TZS 3063.933249
UAH 51.665846
UGX 4407.193579
USD 1.176335
UYU 46.911416
UZS 14267.389376
VES 583.707963
VND 30947.014765
VUV 138.838256
WST 3.180917
XAF 655.895531
XAG 0.014572
XAU 0.00025
XCD 3.179103
XCG 2.119812
XDR 0.818154
XOF 655.836996
XPF 119.331742
YER 280.672359
ZAR 19.312335
ZMK 10588.444039
ZMW 22.394901
ZWL 378.779312
  • BCC

    -0.2100

    72.55

    -0.29%

  • RELX

    -0.0241

    33.48

    -0.07%

  • BCE

    -0.2500

    24.32

    -1.03%

  • RIO

    2.4500

    105.56

    +2.32%

  • RYCEF

    -0.0500

    17.45

    -0.29%

  • JRI

    0.0000

    13.15

    0%

  • CMSC

    0.0000

    22.97

    0%

  • GSK

    -0.3800

    50.12

    -0.76%

  • BTI

    0.1600

    58.24

    +0.27%

  • CMSD

    0.0000

    23.42

    0%

  • RBGPF

    0.0000

    63.18

    0%

  • BP

    -0.1050

    43.705

    -0.24%

  • AZN

    -0.5700

    181.95

    -0.31%

  • VOD

    0.4050

    16.095

    +2.52%

  • NGG

    0.9000

    86.81

    +1.04%

UN climate talks open in oil-rich UAE with pressure for urgent action
UN climate talks open in oil-rich UAE with pressure for urgent action / Photo: Karim SAHIB - AFP/File

UN climate talks open in oil-rich UAE with pressure for urgent action

The UN climate conference opened Thursday with nations urged to make faster cuts to planet-warming emissions and phase out fossil fuels as scepticism swirls over the oil-rich United Arab Emirates hosting the talks.

Text size:

The two-week-long negotiations in a vast exhibition venue in Dubai come at a pivotal moment, with emissions still climbing and the UN saying this year is likely to be the hottest in human history.

World leaders, Britain's King Charles III and activists and lobbyists are among more than 97,000 people jetting into the flashy Gulf city, which boasts the world's tallest skyscraper, one of its busiest airports, and an indoor ski slope.

Double the size of last year's conference, COP28 is billed as the largest-ever climate gathering and the UN and hosts the UAE say they will be the most important since Paris 2015.

There, nations agreed to limit global warming to well below 2 degrees Celsius since the pre-industrial era, and preferably to a safer limit of 1.5C.

But scientists say the world is off-track, and the nearly 200 nations gathering for COP28 must commit to accelerating climate action or risk the worst impacts of a warming planet.

UN Secretary-General Antonio Guterres said leaders should aim for a complete "phaseout" of fossil fuels, a proposal opposed by some powerful nations that has dogged past negotiations.

"Obviously, I am strongly in favour of language that includes (a) phaseout, even with a reasonable time framework," Guterres told AFP before flying to Dubai.

A central focus will be a stocktake of the world's limited progress on curbing global warming, which requires an official response at these talks.

- Hosts under fire -

On Thursday, nations are expected to formally approve the launch of a "loss and damage" fund to compensate climate-vulnerable countries after a year of hard-fought negotiations over how it would work.

But it remains to be filled, with rich nations urged to make contributions so the money can start flowing.

The UAE sees itself as a bridge between the rich developed nations most responsible for historic emissions and the rest of the world, which has contributed less to global warming but suffers its worst consequences.

But the decision for it to host has attracted a firestorm of criticism, particularly as the man appointed to steer the talks, Sultan Al Jaber, is also head of UAE state oil giant ADNOC.

Jaber, who also chairs a clean energy company, has defended his record, and strenuously denied this week that he used the COP presidency to pursue new fossil fuel deals, allegations first reported by the BBC.

Christiana Figueres, who was UN climate chief when the Paris deal was reached, questioned the role of fossil fuel companies at COP and said she was "giving up hope" they could be part of the solution to warming.

Guterres said Jaber was in a better position to tell the oil industry that a fossil fuel phaseout was necessary than "if he was the member of an NGO with a very solid pro-climate record."

"A very clear signal that the era of fossil fuels needs to end very rapidly is our litmus test for COP28," said Romain Ioualalen, global policy campaign manager at Oil Change International.

- Rule by consensus -

Rallying a common position on the matter will be difficult at COP where all nations -- whether dependent on oil, sinking beneath rising seas or locked in geopolitical rivalry -- must take decisions unanimously.

The UAE hopes to marshal an agreement on the tripling of renewable energy and doubling the annual rate of energy efficiency improvements by 2030.

Nations will navigate a range of thorny issues between November 30 and December 12, and experts say geopolitical tensions and building trust could be a huge challenge.

At the opening of the conference, delegates were asked to pause for a minute's silence for civilians killed in the Gaza conflict.

On the sidelines of COP, Israeli President Isaac Herzog will hold talks with diplomats on the release of hostages held by Hamas, his office said. He is also scheduled to speak on Friday within minutes of Mahmoud Abbas, leader of the Palestinian Authority.

Neither US President Joe Biden nor Chinese President Xi Jinping are attending, though Washington is sending Vice President Kamala Harris.

But the US and China, the world's two biggest polluters, did make a rare joint announcement on the climate this month that spurred optimism going into COP.

A.Ragab--DT