Dubai Telegraph - Biden faces high expectations at UN climate talks

EUR -
AED 4.277424
AFN 76.282379
ALL 96.389901
AMD 444.278751
ANG 2.0846
AOA 1067.888653
ARS 1666.882107
AUD 1.752778
AWG 2.096182
AZN 1.984351
BAM 1.954928
BBD 2.344654
BDT 142.403852
BGN 1.956425
BHD 0.438198
BIF 3455.206503
BMD 1.164546
BND 1.508021
BOB 8.044377
BRL 6.334667
BSD 1.164081
BTN 104.66486
BWP 15.466034
BYN 3.346807
BYR 22825.091832
BZD 2.341246
CAD 1.610276
CDF 2599.265981
CHF 0.936525
CLF 0.027366
CLP 1073.571668
CNY 8.233458
CNH 8.232219
COP 4463.819362
CRC 568.64633
CUC 1.164546
CUP 30.860456
CVE 110.752812
CZK 24.203336
DJF 206.963485
DKK 7.470448
DOP 74.822506
DZD 151.068444
EGP 55.295038
ERN 17.468183
ETB 180.679691
FJD 2.632397
FKP 0.872083
GBP 0.872973
GEL 3.138497
GGP 0.872083
GHS 13.3345
GIP 0.872083
GMD 85.012236
GNF 10116.993527
GTQ 8.917022
GYD 243.550308
HKD 9.065929
HNL 30.604708
HRK 7.535429
HTG 152.392019
HUF 381.994667
IDR 19435.740377
ILS 3.768132
IMP 0.872083
INR 104.760771
IQD 1525.554607
IRR 49041.926882
ISK 149.038983
JEP 0.872083
JMD 186.32688
JOD 0.825709
JPY 180.935883
KES 150.58016
KGS 101.839952
KHR 4664.005142
KMF 491.43861
KPW 1048.083022
KRW 1716.311573
KWD 0.357481
KYD 0.970163
KZT 588.714849
LAK 25258.992337
LBP 104285.050079
LKR 359.069821
LRD 206.012492
LSL 19.73949
LTL 3.438601
LVL 0.704422
LYD 6.347216
MAD 10.756329
MDL 19.807079
MGA 5225.31607
MKD 61.612515
MMK 2445.475195
MNT 4130.063083
MOP 9.335036
MRU 46.419225
MUR 53.689904
MVR 17.938355
MWK 2022.815938
MXN 21.164687
MYR 4.787492
MZN 74.426542
NAD 19.739485
NGN 1688.68458
NIO 42.826206
NOK 11.767853
NPR 167.464295
NZD 2.015483
OMR 0.446978
PAB 1.164176
PEN 4.096293
PGK 4.876539
PHP 68.66747
PKR 326.50949
PLN 4.229804
PYG 8006.428369
QAR 4.240169
RON 5.092096
RSD 117.610988
RUB 88.93302
RWF 1689.755523
SAR 4.37074
SBD 9.584899
SCR 15.748939
SDG 700.4784
SEK 10.946786
SGD 1.508557
SHP 0.873711
SLE 27.603998
SLL 24419.93473
SOS 665.542019
SRD 44.985272
STD 24103.740676
STN 24.921274
SVC 10.184839
SYP 12877.828498
SZL 19.739476
THB 37.119932
TJS 10.680789
TMT 4.087555
TND 3.436865
TOP 2.803946
TRY 49.523506
TTD 7.89148
TWD 36.437508
TZS 2835.668687
UAH 48.86364
UGX 4118.162907
USD 1.164546
UYU 45.529689
UZS 13980.369136
VES 296.437311
VND 30697.419423
VUV 142.156196
WST 3.249257
XAF 655.661697
XAG 0.019993
XAU 0.000278
XCD 3.147243
XCG 2.098055
XDR 0.815205
XOF 655.061029
XPF 119.331742
YER 277.802752
ZAR 19.711451
ZMK 10482.311144
ZMW 26.913878
ZWL 374.983176
  • RBGPF

    0.0000

    78.35

    0%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • GSK

    -0.1600

    48.41

    -0.33%

  • AZN

    0.1500

    90.18

    +0.17%

  • NGG

    -0.5000

    75.41

    -0.66%

  • SCS

    -0.0900

    16.14

    -0.56%

  • RELX

    -0.2200

    40.32

    -0.55%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • BTI

    -1.0300

    57.01

    -1.81%

  • BCC

    -1.2100

    73.05

    -1.66%

  • JRI

    0.0400

    13.79

    +0.29%

  • RIO

    -0.6700

    73.06

    -0.92%

  • BP

    -1.4000

    35.83

    -3.91%

  • BCE

    0.3300

    23.55

    +1.4%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • VOD

    -0.1630

    12.47

    -1.31%

Biden faces high expectations at UN climate talks
Biden faces high expectations at UN climate talks / Photo: Samuel Corum - GETTY IMAGES NORTH AMERICA/AFP

Biden faces high expectations at UN climate talks

US President Joe Biden flies into UN climate talks in Egypt on Friday armed with major domestic achievements against global warming but under pressure to do more for countries reeling from natural disasters.

Text size:

Biden will only spend a few hours at COP27 in the Red Sea resort of Sharm el-Sheikh, three days after US midterm elections that have raised questions about what the result could mean for US climate policy.

The US leader's climate agenda was given a major boost this year when Congress passed a landmark spending bill, the Inflation Reduction Act, which includes $369 billion for clean energy and climate initiatives.

But at COP27, talk has been dominated by the need for wealthy nations to stop stalling on helping developing countries green their economies and prepare for future impacts -- as well as calls to provide financial help for the damage already being caused by climate-induced catastrophes.

"The world needs the United States to be a climate leader in our fight for climate justice," prominent Ugandan climate activist Vanessa Nakate told AFP.

"The message is for President Biden to stand with the people on the planet and the coming generations," said the 25-year-old Goodwill Ambassador for UNICEF.

Biden is attending COP27 three days after 100 other world leaders addressed the summit.

A senior US official said Biden was heading to Egypt "with historic momentum" on the back of the spending bill and his goal to cut greenhouse gas emissions by up to 52 percent by 2030 from 2005 levels.

So far at the Egypt talks, US climate envoy John Kerry has presented a public-private partnership aimed at supporting the transition to renewable energy in developing nations and based on a carbon credit system.

The plan has been panned by activists wary of firms using these to "offset" their carbon emissions.

- Climate-sceptic Republicans -

Biden also may have a chance to revive cooperation with China when he meets President Xi Jinping during G20 talks next week, with another US official saying he would seek to discuss how to "advance our work together on climate change".

Beijing cut off climate talks with Washington after US House Speaker Nancy Pelosi visited Taiwan in August.

Cooperation between the world's two biggest polluters has been crucial to global efforts to limit global warming to 1.5 degrees Celsius.

But with Republicans apparently poised to retake the House of Representatives, part of Biden's climate agenda could take a hit. Democrats have a chance to retain the Senate.

Biden pledged to contribute $11.4 billion to a $100 billion per year scheme through which rich countries will help developing ones transition to renewable energies and build resilience against climate change.

But Democrats would have to rush it through Congress before climate-sceptic Republicans take office in January.

"We're going to be pressing for passage of the appropriations bills," US lawmaker Kathy Castor, who chairs a special climate crisis committee in the House, told AFP.

"Hopefully Republicans in the Congress will not block it," she said.

- 'Loss and damage' -

The United States has also for years resisted attempts to establish a "loss and damage" fund in which rich polluters would compensate developing nations for the destruction from climate-related disasters.

Emerging countries successfully put the issue on the official COP27 agenda and fraught negotiations are likely before the talks end on November 18.

Biden will also use the trip to meet with Egyptian President Abdel Fattah al-Sisi and discuss the human rights situation in the country, where the case of jailed dissident Alaa Abdel Fattah was raised by other leaders earlier this week.

Ahead of his trip, the White House expressed "deep concern" for the jailed British-Egyptian activist, who is on a hunger strike.

After COP27, Biden will head to an ASEAN regional summit in Cambodia at the weekend before travelling to Indonesia for G20 talks.

Y.El-Kaaby--DT