Dubai Telegraph - Leaders turn up the heat on fossil fuels at Amazon climate summit

EUR -
AED 4.184248
AFN 71.77911
ALL 94.261454
AMD 418.562052
ANG 2.03989
AOA 1044.781386
ARS 1684.05352
AUD 1.652425
AWG 2.052248
AZN 1.937198
BAM 1.955623
BBD 2.296792
BDT 140.267283
BGN 1.926499
BHD 0.429961
BIF 3386.892936
BMD 1.139347
BND 1.475566
BOB 7.880286
BRL 5.898376
BSD 1.140397
BTN 107.037296
BWP 15.497595
BYN 3.3074
BYR 22331.195401
BZD 2.293492
CAD 1.616676
CDF 2583.465669
CHF 0.922369
CLF 0.026742
CLP 1051.04471
CNY 7.74545
CNH 7.752895
COP 3917.444835
CRC 517.753059
CUC 1.139347
CUP 30.192688
CVE 110.255004
CZK 24.278354
DJF 203.071589
DKK 7.48072
DOP 67.003925
DZD 152.017218
EGP 56.431884
ERN 17.090201
ETB 183.851832
FJD 2.581872
FKP 0.863259
GBP 0.863076
GEL 3.013605
GGP 0.863259
GHS 12.857834
GIP 0.863259
GMD 83.171886
GNF 9992.094093
GTQ 8.700211
GYD 238.658363
HKD 8.935383
HNL 30.512234
HRK 7.539969
HTG 149.046487
HUF 354.166203
IDR 20349.415744
ILS 3.420376
IMP 0.863259
INR 107.509326
IQD 1493.864563
IRR 1566886.555036
ISK 144.11575
JEP 0.863259
JMD 179.603717
JOD 0.807776
JPY 184.294988
KES 147.566621
KGS 99.635519
KHR 4577.584985
KMF 494.476186
KPW 1025.412432
KRW 1749.227818
KWD 0.352753
KYD 0.950314
KZT 553.309836
LAK 25030.730655
LBP 102120.241537
LKR 383.325247
LRD 207.721168
LSL 18.745301
LTL 3.364194
LVL 0.689179
LYD 7.320336
MAD 10.693331
MDL 20.219167
MGA 4823.562684
MKD 61.629413
MMK 2391.785903
MNT 4078.444062
MOP 9.211865
MRU 45.511874
MUR 53.834656
MVR 17.602668
MWK 1977.420722
MXN 19.94335
MYR 4.65765
MZN 72.805172
NAD 18.745301
NGN 1567.889271
NIO 41.966195
NOK 11.317164
NPR 171.259473
NZD 2.017972
OMR 0.438074
PAB 1.140397
PEN 3.888647
PGK 5.004546
PHP 69.85561
PKR 317.365427
PLN 4.291862
PYG 6960.368956
QAR 4.156823
RON 5.244531
RSD 117.369359
RUB 89.906949
RWF 1670.048589
SAR 4.282512
SBD 9.173966
SCR 16.016748
SDG 683.608035
SEK 11.094514
SGD 1.474547
SHP 0.850637
SLE 28.261084
SLL 23891.534887
SOS 651.740912
SRD 42.706145
STD 23582.176444
STN 24.497779
SVC 9.978095
SYP 125.934381
SZL 18.734302
THB 38.029138
TJS 10.554143
TMT 3.987713
TND 3.379994
TOP 2.743274
TRY 53.040347
TTD 7.750297
TWD 36.299356
TZS 2999.128092
UAH 51.187059
UGX 4185.620522
USD 1.139347
UYU 45.77585
UZS 13697.758129
VES 707.252868
VND 29964.818319
VUV 135.82087
WST 3.168388
XAF 655.897535
XAG 0.019435
XAU 0.00028
XCD 3.079142
XCG 2.055214
XDR 0.815726
XOF 655.897535
XPF 119.331742
YER 271.876578
ZAR 19.354988
ZMK 10255.484316
ZMW 20.542138
ZWL 366.869174
  • CMSC

    -0.1160

    21.93

    -0.53%

  • VOD

    0.0300

    13.89

    +0.22%

  • NGG

    -0.4100

    83.01

    -0.49%

  • CMSD

    -0.1600

    21.77

    -0.73%

  • BCC

    1.2600

    81.02

    +1.56%

  • BCE

    -0.2800

    22.92

    -1.22%

  • RYCEF

    0.3900

    18.39

    +2.12%

  • RBGPF

    3.7000

    65

    +5.69%

  • RIO

    -1.3700

    93.74

    -1.46%

  • GSK

    0.6100

    52.5

    +1.16%

  • JRI

    0.2100

    12.79

    +1.64%

  • RELX

    0.4200

    31.34

    +1.34%

  • AZN

    2.7300

    188.41

    +1.45%

  • BTI

    0.2800

    62.76

    +0.45%

  • BP

    -0.5900

    37.13

    -1.59%

Leaders turn up the heat on fossil fuels at Amazon climate summit
Leaders turn up the heat on fossil fuels at Amazon climate summit / Photo: Pablo PORCIUNCULA - AFP

Leaders turn up the heat on fossil fuels at Amazon climate summit

World leaders will meet for a second day of climate talks in the Brazilian Amazon on Friday after fiery speeches and renewed criticism of Big Oil marked the opening session.

Text size:

Dozens of ministers and several heads of state and government, including those of Spain, Germany and Namibia, will meet in Belem just before the United Nations' (UN) annual two-week conference, COP30, which starts on Monday.

Evidence of the climate crisis, driven largely by the burning of fossil fuels and deforestation, has never been clearer: the past 11 years have been the hottest on record and marked by intensifying hurricanes, heat waves and wildfires.

UN chief Antonio Guterres and a series of national leaders said on Thursday that the world will fail to keep global warming below 1.5C, the Paris Agreement's primary target set a decade ago, but said they have not yet given up on its fallback goal of 2C.

The absence of leaders from the world's biggest polluters, including the United States, where President Donald Trump has dismissed climate science as a "con job," cast a shadow over talks, but also catalyzed calls for greater mobilization.

Countries made an unprecedented pledge to "transition away" from oil, gas and coal at COP28 in Dubai two years ago.

However, the issue has since slipped down the agenda as nations grapple with economic pressures, trade disputes and wars, and the Trump administration aggressively pushing for more fossil fuels.

- 'Roadmap' calls praised -

Brazilian President Luiz Inacio Lula da Silva's call in his opening address for a "roadmap" to halt deforestation, reduce dependence on fossil fuels, and mobilize the financial resources needed to achieve those goals was met with applause.

The coalition backing Lula's call includes European nations and numerous small island states whose very survival is threatened by stronger cyclones and rising sea levels.

Gaston Browne, the prime minister of Antigua and Barbuda, railed against the "large polluters (who) continue to deliberately destroy our marine and terrestrial environments with their poisonous fossil fuel gases."

The idea of phasing out hydrocarbons is also gaining traction in Europe. Despite their divisions, EU countries noted that they have reduced greenhouse gas emissions for more than three decades and are aiming for a 90 percent cut by 2040.

"COP30 must send a clear message that the green transition is here to stay, and that fossil fuels have no future," said Finnish President Alexander Stubb.

Marta Salomon of the Brazilian think tank Politicas Climaticas do Instituto Talanoa told AFP: "When the president talks about a roadmap to reduce dependence on fossil fuels, we understand it as a favorable sign for this discussion to take place during COP."

Lula had already hinted at his plan in an interview this week with AFP and other outlets, though he cautioned "it's not easy" to reduce fossil fuels.

Indeed, Brazil has just authorized its state oil company to begin offshore exploration in the Amazon.

A formal anti-fossil fuel decision in Belem is seen as highly unlikely, given the requirement for consensus among nearly 200 countries attending the conference.

Still, COP30 will put a spotlight on countries' voluntary pledges and their implementation, which could lead to fresh announcements on methane -- a "super pollutant" and the main component of natural gas, prone to leaking from pipelines and installations.

"The world must pull the methane brake," said Mia Mottley, prime minister of Barbados and a highly respected voice in global climate diplomacy.

A.Ragab--DT