Dubai Telegraph - Fossil fuel fight threatens to sink COP30 as EU rejects Brazil's draft

EUR -
AED 4.179928
AFN 72.842695
ALL 91.804794
AMD 414.470175
ANG 2.037739
AOA 1044.83951
ARS 1742.094993
AUD 1.623151
AWG 2.048705
AZN 1.933052
BAM 1.953774
BBD 2.293222
BDT 140.104705
BGN 1.916041
BHD 0.429255
BIF 3429.343609
BMD 1.13817
BND 1.454691
BOB 13.95353
BRL 5.906533
BSD 1.138519
BTN 109.029931
BWP 15.503922
BYN 3.440033
BYR 22308.125424
BZD 2.289925
CAD 1.61117
CDF 2663.316669
CHF 0.944402
CLF 0.027717
CLP 1094.407241
CNY 7.640818
CNH 7.654612
COP 3761.366199
CRC 517.663159
CUC 1.13817
CUP 27.325662
CVE 110.150768
CZK 24.372306
DJF 202.749739
DKK 7.475259
DOP 67.709782
DZD 152.697645
EGP 59.004991
ERN 17.072545
ETB 184.704453
FJD 2.557752
FKP 0.859232
GBP 0.860098
GEL 2.976326
GGP 0.859232
GHS 13.224286
GIP 0.859232
GMD 83.655567
GNF 10013.61541
GTQ 8.694983
GYD 238.222952
HKD 8.92786
HNL 30.559309
HRK 7.535784
HTG 149.005474
HUF 365.301816
IDR 20438.112665
ILS 3.46921
IMP 0.859232
INR 109.023622
IQD 1491.553189
IRR 1564499.56697
ISK 137.001512
JEP 0.859232
JMD 180.133193
JOD 0.806978
JPY 179.381248
KES 147.632421
KGS 99.530891
KHR 4630.198266
KMF 492.827228
KPW 1024.35306
KRW 1545.384083
KWD 0.351285
KYD 0.948816
KZT 504.386927
LAK 25538.515358
LBP 101958.86386
LKR 375.930143
LRD 195.836908
LSL 18.576136
LTL 3.360719
LVL 0.688467
LYD 7.279451
MAD 10.925969
MDL 20.210041
MGA 5026.786985
MKD 61.51121
MMK 2389.430302
MNT 4093.04496
MOP 9.19886
MRU 45.804499
MUR 54.393284
MVR 17.584537
MWK 1974.252607
MXN 20.187169
MYR 4.639189
MZN 72.740112
NAD 18.576136
NGN 1511.17041
NIO 41.896551
NOK 10.832524
NPR 174.448089
NZD 2.013838
OMR 0.438845
PAB 1.138519
PEN 3.865192
PGK 5.072739
PHP 70.997927
PKR 315.497514
PLN 4.37295
PYG 6711.040335
QAR 4.150196
RON 5.273823
RSD 117.328325
RUB 96.093217
RWF 1682.754904
SAR 4.274867
SBD 9.10594
SCR 15.778452
SDG 684.609945
SEK 11.307568
SGD 1.455377
SHP 0.85932
SLE 28.056217
SLL 23866.839539
SOS 650.725167
SRD 42.872008
STD 23557.8141
STN 24.474619
SVC 9.962668
SYP 14798.482267
SZL 18.57174
THB 38.060484
TJS 10.503308
TMT 3.994976
TND 3.370605
TOP 2.740439
TRY 55.749818
TTD 7.743969
TWD 36.186956
TZS 3010.401837
UAH 50.984027
UGX 4459.375418
USD 1.13817
UYU 45.612697
UZS 13475.025764
VES 970.211617
VND 29565.095205
VUV 134.745912
WST 3.125099
XAF 655.957
XAG 0.017868
XAU 0.000267397553
XCD 3.07596
XCG 2.051972
XDR 0.804745
XOF 655.957
XPF 119.331742
YER 269.348061
ZAR 18.59917
ZMK 10244.889536
ZMW 22.209967
ZWL 366.490168
SSP 6501.898805
MXV 2.287647
  • RELX

    0.0100

    33.52

    +0.03%

  • RBGPF

    -0.5900

    65.4

    -0.9%

  • AZN

    2.0200

    166.58

    +1.21%

  • BTI

    -0.3900

    55.63

    -0.7%

  • NGG

    0.2600

    75.49

    +0.34%

  • BP

    -0.2600

    44.15

    -0.59%

  • GSK

    -0.4100

    49.24

    -0.83%

  • BCE

    -0.3300

    20.97

    -1.57%

  • RIO

    0.0900

    94.56

    +0.1%

  • CMSC

    -0.1100

    20.4

    -0.54%

  • BCC

    1.0400

    77.14

    +1.35%

  • RYCEF

    -0.3600

    19.31

    -1.86%

  • VOD

    0.1300

    16.62

    +0.78%

  • JRI

    -0.1500

    11.02

    -1.36%

  • CMSD

    -0.0700

    20.3

    -0.34%

Fossil fuel fight threatens to sink COP30 as EU rejects Brazil's draft
Fossil fuel fight threatens to sink COP30 as EU rejects Brazil's draft / Photo: Pablo PORCIUNCULA - AFP

Fossil fuel fight threatens to sink COP30 as EU rejects Brazil's draft

The clock was ticking down on the slated final day of UN climate talks in Brazil Friday where a bitter fight over whether to mention fossil fuels in any agreement threatened to upend the event.

Text size:

At stake at COP30 is securing a deal that paves the way for faster cuts to planet-warming emissions that are driving ever more extreme weather -- and proving that international cooperation can still function in a fractured world.

After nearly two weeks of negotiations in the Amazonian city of Belem, a new draft agreement unveiled by COP30 host Brazil made no mention of "fossil fuels" or the word "roadmap" that President Luiz Inacio Lula da Silva had himself publicly championed.

European Union climate commissioner Wopke Hoekstra said the text was "unacceptable" and that the summit risked ending without an agreement.

"I am saying it with a heavy heart, but what is now on the table is clearly no deal," Hoekstra told reporters.

Speaking on condition of anonymity, a European delegate said the bloc was being cast as "villains" for refusing to back the deal. Some member states were weighing a walkout, the delegate added, while others feared being blamed if the talks collapsed.

The conference, which was disrupted for several hours by a fierce blaze Thursday that tore a hole in the venue's roof -- as well as by two Indigenous-led protests last week -- was supposed to end on Friday evening at 6:00 pm (2100 GMT).

Well after that time, countries were sending staff back to their hotels, with the summit likely to spill over into the weekend.

- Consensus required -

Thirty-six countries -- including wealthy nations, emerging economies and small island states -- had warned in a letter to Brazil that they would reject any deal that did not include a plan to move away from oil, coal and gas.

France's ecological transition minister, Monique Barbut, told AFP that oil-rich Russia and Saudi Arabia, along with coal producer India and "many" emerging countries, were blocking the language.

Arunabha Ghosh, a special envoy for South Asia at the talks, shot back against "finger pointing."

"To assume that one side cares about the planet and the other side, because they are unhappy with the formulation, does not care about the planet does grievous harm to the spirit of negotiations," he told AFP.

Ghosh defended the exclusion of the "roadmap," arguing developing countries needed to ensure energy security and a just transition for their workers dependent on fossil fuel sector.

Consensus is needed among the nearly 200 nations to land an agreement at the UN climate conference, which this year is taking place without the United States as President Donald Trump shunned the event.

The head of COP30, Brazilian diplomat Andre Correa do Lago, said ruefully that those who doubt that cooperation is the best way forward for climate change "are going to be absolutely delighted to see that we cannot reach an agreement between us."

- Money fight -

The push for a phaseout of oil, coal and gas -- the main drivers of global warming -- grew out of frustration over a lack of follow-through on the COP28 agreement in Dubai in 2023 to transition away from fossil fuels.

Divisions also remain over trade measures and finance for poorer nations to adapt to the impacts of climate change, such as floods and droughts, and move to a low-carbon future.

The rejected draft said there was a need for a "manyfold increase" in financial support for developing countries. It also called for "efforts to triple adaptation finance" by 2030 compared to 2025 levels.

"The EU is stuck with a much earlier tripling of adaptation finance than they're comfortable with and in exchange they got nothing," said Jake Schmidt, senior strategic director at the Natural Resources Defense Council, an advocacy group. "It's a tough pill to swallow," Schmidt told AFP.

It was another element the EU had not wanted included in the agreement.

S.Mohideen--DT