Dubai Telegraph - UN climate chief to nations at COP29: 'cut the theatrics'

EUR -
AED 4.244439
AFN 75.682523
ALL 93.181233
AMD 421.813862
ANG 2.068517
AOA 1060.965341
ARS 1724.041795
AUD 1.633976
AWG 2.081769
AZN 1.966929
BAM 1.959124
BBD 2.327388
BDT 141.84066
BGN 1.960551
BHD 0.435728
BIF 3454.846855
BMD 1.155736
BND 1.479003
BOB 13.548988
BRL 5.995039
BSD 1.155531
BTN 110.231552
BWP 15.554988
BYN 3.475306
BYR 22652.424122
BZD 2.324023
CAD 1.605381
CDF 2626.987666
CHF 0.939804
CLF 0.026853
CLP 1056.850913
CNY 7.793358
CNH 7.792977
COP 3612.21796
CRC 518.866887
CUC 1.155736
CUP 30.627002
CVE 110.451925
CZK 24.209199
DJF 205.773793
DKK 7.47641
DOP 67.632997
DZD 153.629294
EGP 58.11306
ERN 17.336039
ETB 184.859777
FJD 2.558164
FKP 0.856374
GBP 0.854724
GEL 3.016601
GGP 0.856374
GHS 12.861823
GIP 0.856374
GMD 84.95138
GNF 10151.135489
GTQ 8.81592
GYD 241.760192
HKD 9.068817
HNL 31.048842
HRK 7.536543
HTG 151.147759
HUF 363.001632
IDR 20580.53633
ILS 3.41231
IMP 0.856374
INR 110.298409
IQD 1514.591929
IRR 1588660.175204
ISK 142.247966
JEP 0.856374
JMD 182.815436
JOD 0.819394
JPY 183.91977
KES 149.435779
KGS 101.069384
KHR 4676.915038
KMF 493.499788
KPW 1040.162672
KRW 1633.57452
KWD 0.356822
KYD 0.963009
KZT 537.748433
LAK 26071.558578
LBP 103477.78361
LKR 385.193555
LRD 209.739492
LSL 18.641144
LTL 3.412588
LVL 0.699093
LYD 7.360297
MAD 10.703561
MDL 20.059514
MGA 4975.443163
MKD 61.629566
MMK 2426.368061
MNT 4157.566429
MOP 9.340049
MRU 46.306165
MUR 54.433886
MVR 17.855966
MWK 2003.747725
MXN 19.667185
MYR 4.723259
MZN 73.863194
NAD 18.641144
NGN 1574.181633
NIO 42.521963
NOK 10.937636
NPR 176.366661
NZD 1.966421
OMR 0.444384
PAB 1.155561
PEN 3.898355
PGK 5.088127
PHP 70.984142
PKR 321.03451
PLN 4.310837
PYG 6896.522238
QAR 4.210924
RON 5.244741
RSD 117.32565
RUB 96.79334
RWF 1697.776073
SAR 4.338551
SBD 9.302037
SCR 15.893513
SDG 694.031673
SEK 11.017625
SGD 1.478163
SHP 0.856245
SLE 28.301064
SLL 24235.203577
SOS 660.493893
SRD 43.597244
STD 23921.400218
STN 24.761642
SVC 10.110893
SYP 15026.878383
SZL 18.646153
THB 38.331715
TJS 10.677601
TMT 4.056633
TND 3.392107
TOP 2.782735
TRY 55.342553
TTD 7.836092
TWD 37.007812
TZS 3062.697847
UAH 51.653399
UGX 4290.27927
USD 1.155736
UYU 46.299357
UZS 13811.044303
VES 890.042754
VND 30207.469861
VUV 137.084144
WST 3.159384
XAF 657.054762
XAG 0.017853
XAU 0.000266
XCD 3.123434
XCG 2.082579
XDR 0.817165
XOF 657.017497
XPF 119.331742
YER 274.098336
ZAR 18.686886
ZMK 10403.0056
ZMW 21.724672
ZWL 372.146496
  • RBGPF

    -0.8200

    71.34

    -1.15%

  • RYCEF

    -0.3900

    20.71

    -1.88%

  • NGG

    0.5200

    81.2

    +0.64%

  • CMSD

    0.0000

    21.59

    0%

  • RIO

    -3.0200

    98.2

    -3.08%

  • BTI

    1.5100

    57.35

    +2.63%

  • CMSC

    0.0250

    21.475

    +0.12%

  • GSK

    0.1500

    50.45

    +0.3%

  • BCE

    0.1900

    23.32

    +0.81%

  • RELX

    0.1200

    34.67

    +0.35%

  • VOD

    0.1300

    16.22

    +0.8%

  • JRI

    -0.0300

    12.68

    -0.24%

  • AZN

    -1.2600

    157.24

    -0.8%

  • BCC

    -0.1200

    84.13

    -0.14%

  • BP

    -0.1000

    42.83

    -0.23%

UN climate chief to nations at COP29: 'cut the theatrics'

UN climate chief to nations at COP29: 'cut the theatrics'

The UN's climate chief on Monday told countries at the deadlocked COP29 summit to "cut the theatrics", as pressure mounts on G20 leaders to deliver a breakthrough.

Text size:

As the UN climate talks limp into a second week in Azerbaijan, the world is no closer to a finance deal for poorer countries that will determine the success or failure of COP29.

UN climate boss Simon Stiell said that "bluffing, brinkmanship and premeditated playbooks burn up precious time and run down the goodwill needed".

"Let's cut the theatrics and get down to business," he told delegates assembled in a cavernous football stadium in Azerbaijan's capital Baku.

COP29 president Mukhtar Babayev, a former oil executive turned ecology minister, urged countries to "refocus and pick up the pace".

Government ministers at the negotiating table have until Friday to break the impasse over how to raise $1 trillion a year for developing countries to cope with global warming.

With the clock ticking, pressure is mounting on G20 leaders to throw their weight behind the stalled process in Baku when they meet in Brazil for their annual summit on Monday and Tuesday.

"A successful outcome at COP29 is still within reach, but it will require leadership and compromise, namely from the G20 countries," UN Secretary-General Antonio Guterres said Sunday in Rio de Janeiro, where he is attending the G20 summit of the world's biggest economies.

"The spotlight is naturally on the G20. They account for 80 percent of global emissions," Guterres said, calling on the group to "lead by example."

In a sign that a solution could emerge from Rio, the head of the Brazilian delegation to COP29, Andre Aranha Correa do Lago, left Baku to prepare for the G20.

- Difference between life and death -

Besides the finance impasse, a fight is also brewing at COP29 over whether countries should recommit to last year's landmark pledge to move the world away from fossil fuels.

Saudi Arabia has been accused of obstructing efforts to address this and other measures to reduce record-high emissions of planet-heating greenhouse gases.

The main task at COP29 is negotiating a new deal to provide developing countries enough money to cut emissions and build resilience against worsening climate shocks.

Rei Josiah Echano, disaster chief in the typhoon-hit Philippines province of Northern Samar, called for talks to be "radically fast-tracked" to help those in dire need.

Developing countries excluding China will need $1 trillion a year in outside assistance by the end of the decade, according to independent economists commissioned by the United Nations.

Stiell said it was "easy to become slightly anaesthetised" by the numbers.

"But let's never allow ourselves to forget: these figures are the difference between safety and life-wrecking disasters for billions of people," he said.

"It certainly keeps me up at night."

- Hosts criticised -

Climate-vulnerable nations want developed nations to commit at COP29 to substantially raising their existing pledge of $100 billion a year.

But donors say they cannot raise the money alone and the private sector must also be involved.

The United States and European Union also want wealthy emerging economies not obligated to pay climate finance -- most notably China -- to share the burden.

The EU is the biggest contributor to international climate finance but faces political and budget pressure, and could be left exposed should the United States refuse to pay up under Donald Trump.

The conference opened in the shadow of Trump's re-election in the United States, and efforts to shore up support for the global climate fight took another knock when Argentina's delegation withdrew from the summit.

A meeting between Chinese and European officials was seen as a glimmer of hope in an otherwise gloomy first week.

Azerbaijan lacks diplomatic experience at a time when COP observers say crucial leadership is needed to steer what some see as the most complex climate negotiations in years.

Azerbaijan's president, Ilham Aliyev, was accused of making matters harder by defending fossil fuels and attacking France over its colonial record, sparking a diplomatic incident.

Critics have questioned the suitability of Azerbaijan to host the premier climate talks.

The Council of Europe, the EU's top human rights body, called on Monday for the release of political prisoners in Azerbaijan in a letter to Aliyev.

I.Viswanathan--DT