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

EUR -
AED 4.271395
AFN 77.137565
ALL 96.599921
AMD 444.393553
ANG 2.081967
AOA 1066.539094
ARS 1674.842321
AUD 1.750327
AWG 2.094989
AZN 1.976877
BAM 1.956212
BBD 2.345584
BDT 142.319961
BGN 1.956415
BHD 0.438447
BIF 3441.169388
BMD 1.163075
BND 1.509962
BOB 8.064698
BRL 6.320503
BSD 1.16464
BTN 104.721596
BWP 15.522201
BYN 3.366894
BYR 22796.267035
BZD 2.342283
CAD 1.611016
CDF 2593.656932
CHF 0.937415
CLF 0.027452
CLP 1076.92585
CNY 8.215496
CNH 8.209174
COP 4451.137047
CRC 569.429667
CUC 1.163075
CUP 30.821483
CVE 110.288218
CZK 24.257667
DJF 207.382766
DKK 7.468371
DOP 74.997078
DZD 151.420443
EGP 55.361545
ERN 17.446123
ETB 180.8773
FJD 2.642278
FKP 0.873233
GBP 0.873964
GEL 3.128107
GGP 0.873233
GHS 13.311802
GIP 0.873233
GMD 85.484624
GNF 10124.261915
GTQ 8.920878
GYD 243.611285
HKD 9.051513
HNL 30.673325
HRK 7.53475
HTG 152.506371
HUF 383.715831
IDR 19412.649685
ILS 3.758302
IMP 0.873233
INR 104.604047
IQD 1525.621171
IRR 48965.451146
ISK 148.803539
JEP 0.873233
JMD 186.348429
JOD 0.82461
JPY 182.24976
KES 150.42084
KGS 101.710875
KHR 4663.500597
KMF 493.144059
KPW 1046.763379
KRW 1711.080639
KWD 0.357192
KYD 0.9705
KZT 600.593854
LAK 25257.20853
LBP 104290.206677
LKR 359.454126
LRD 205.552389
LSL 19.857095
LTL 3.434257
LVL 0.703532
LYD 6.334306
MAD 10.777969
MDL 19.775078
MGA 5196.071531
MKD 61.558432
MMK 2442.510417
MNT 4125.754449
MOP 9.334565
MRU 46.246531
MUR 53.792378
MVR 17.915637
MWK 2019.416443
MXN 21.167727
MYR 4.793037
MZN 74.331577
NAD 19.857095
NGN 1688.970731
NIO 42.8546
NOK 11.807339
NPR 167.554553
NZD 2.0133
OMR 0.447205
PAB 1.164645
PEN 3.916024
PGK 4.942125
PHP 68.873221
PKR 326.467224
PLN 4.22708
PYG 8143.679386
QAR 4.244794
RON 5.090194
RSD 117.454302
RUB 89.773981
RWF 1695.049552
SAR 4.364119
SBD 9.572795
SCR 16.435764
SDG 699.59103
SEK 10.894557
SGD 1.507322
SHP 0.872607
SLE 28.031404
SLL 24389.095877
SOS 664.43702
SRD 44.918531
STD 24073.30113
STN 24.50558
SVC 10.190145
SYP 12860.070988
SZL 19.854094
THB 37.00032
TJS 10.731859
TMT 4.082393
TND 3.423221
TOP 2.800405
TRY 49.540704
TTD 7.887627
TWD 36.304242
TZS 2845.595197
UAH 49.163739
UGX 4125.868572
USD 1.163075
UYU 45.509581
UZS 13978.942826
VES 299.615391
VND 30663.305312
VUV 141.481394
WST 3.239754
XAF 656.092299
XAG 0.018957
XAU 0.000276
XCD 3.143269
XCG 2.098942
XDR 0.815968
XOF 656.092299
XPF 119.331742
YER 277.422482
ZAR 19.817109
ZMK 10469.073263
ZMW 26.931554
ZWL 374.509627
  • RIO

    1.3800

    74.4

    +1.85%

  • CMSC

    0.0200

    23.24

    +0.09%

  • NGG

    -0.4400

    74.89

    -0.59%

  • BTI

    -0.1200

    57.29

    -0.21%

  • GSK

    -1.2000

    47.27

    -2.54%

  • SCS

    0.0200

    16.14

    +0.12%

  • BP

    -0.2300

    35.55

    -0.65%

  • CMSD

    0.0500

    23.22

    +0.22%

  • AZN

    -1.4600

    89.82

    -1.63%

  • RBGPF

    -1.0600

    78.05

    -1.36%

  • RYCEF

    -0.2300

    14.6

    -1.58%

  • BCC

    0.1900

    72

    +0.26%

  • BCE

    -0.1900

    23.15

    -0.82%

  • JRI

    -0.0190

    13.701

    -0.14%

  • RELX

    0.0600

    39.54

    +0.15%

  • VOD

    0.0000

    12.5

    0%

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