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

EUR -
AED 4.300214
AFN 72.597184
ALL 95.550065
AMD 431.637839
ANG 2.096491
AOA 1074.907628
ARS 1629.918298
AUD 1.612742
AWG 2.109126
AZN 1.99189
BAM 1.955146
BBD 2.358351
BDT 143.731916
BGN 1.955348
BHD 0.44173
BIF 3484.082224
BMD 1.170923
BND 1.490089
BOB 8.091535
BRL 5.870425
BSD 1.170928
BTN 112.003574
BWP 15.774194
BYN 3.262781
BYR 22950.09632
BZD 2.354993
CAD 1.60492
CDF 2624.039488
CHF 0.915469
CLF 0.026393
CLP 1038.74981
CNY 7.951682
CNH 7.943268
COP 4441.042695
CRC 533.030785
CUC 1.170923
CUP 31.029467
CVE 110.59423
CZK 24.324291
DJF 208.096742
DKK 7.471679
DOP 69.376586
DZD 155.049792
EGP 61.966667
ERN 17.563849
ETB 184.274054
FJD 2.558877
FKP 0.865557
GBP 0.866003
GEL 3.138391
GGP 0.865557
GHS 13.22866
GIP 0.865557
GMD 85.47764
GNF 10277.774521
GTQ 8.933012
GYD 244.974323
HKD 9.170455
HNL 31.158511
HRK 7.527872
HTG 152.924065
HUF 358.279526
IDR 20518.90831
ILS 3.401292
IMP 0.865557
INR 112.293123
IQD 1533.909499
IRR 1537422.268797
ISK 143.59035
JEP 0.865557
JMD 185.182514
JOD 0.830165
JPY 184.869469
KES 151.342104
KGS 102.396924
KHR 4696.573541
KMF 492.958538
KPW 1053.850627
KRW 1746.830185
KWD 0.361078
KYD 0.975803
KZT 549.571454
LAK 25701.766259
LBP 105091.319448
LKR 380.01936
LRD 214.45466
LSL 19.215559
LTL 3.457432
LVL 0.70828
LYD 7.406137
MAD 10.741758
MDL 20.081882
MGA 4888.604405
MKD 61.625963
MMK 2458.100405
MNT 4191.523978
MOP 9.445422
MRU 46.836558
MUR 54.915793
MVR 18.043889
MWK 2039.101101
MXN 20.10583
MYR 4.600587
MZN 74.820773
NAD 19.215251
NGN 1604.752859
NIO 42.978783
NOK 10.730693
NPR 179.212403
NZD 1.972092
OMR 0.450217
PAB 1.170948
PEN 4.01451
PGK 5.105167
PHP 72.113064
PKR 326.220283
PLN 4.246318
PYG 7160.604505
QAR 4.26626
RON 5.204876
RSD 117.409299
RUB 86.852884
RWF 1709.547991
SAR 4.400414
SBD 9.405158
SCR 17.375484
SDG 703.141388
SEK 10.912829
SGD 1.490521
SHP 0.874212
SLE 28.806891
SLL 24553.678219
SOS 669.252372
SRD 43.551288
STD 24235.747845
STN 24.88212
SVC 10.245572
SYP 129.479481
SZL 19.30271
THB 37.890742
TJS 10.965713
TMT 4.109941
TND 3.372844
TOP 2.819302
TRY 53.198997
TTD 7.944478
TWD 36.901627
TZS 3048.974879
UAH 51.490435
UGX 4390.606169
USD 1.170923
UYU 46.515233
UZS 14142.410812
VES 594.904751
VND 30854.413933
VUV 138.14421
WST 3.164699
XAF 655.754426
XAG 0.01342
XAU 0.00025
XCD 3.164478
XCG 2.110276
XDR 0.813756
XOF 653.960059
XPF 119.331742
YER 279.411601
ZAR 19.23033
ZMK 10539.723885
ZMW 22.101267
ZWL 377.036819
  • CMSC

    -0.0600

    23.05

    -0.26%

  • RBGPF

    -0.2100

    60.79

    -0.35%

  • BCC

    -0.9500

    66.98

    -1.42%

  • BTI

    1.7100

    65.35

    +2.62%

  • CMSD

    -0.0400

    23.56

    -0.17%

  • GSK

    0.0900

    50.99

    +0.18%

  • NGG

    -0.2600

    86.98

    -0.3%

  • BCE

    -0.0800

    24.39

    -0.33%

  • AZN

    3.1800

    187.72

    +1.69%

  • RIO

    2.5400

    112.04

    +2.27%

  • RYCEF

    -0.1700

    16.03

    -1.06%

  • JRI

    -0.0100

    13.13

    -0.08%

  • RELX

    -1.1500

    31.62

    -3.64%

  • BP

    -0.2600

    44.14

    -0.59%

  • VOD

    0.4150

    15.51

    +2.68%

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