The Fort Worth Press - 1.5C goal on the line as countries gear up for key climate talks

USD -
AED 3.672497
AFN 65.443166
ALL 80.861178
AMD 366.145626
AOA 918.000351
ARS 1499.737799
AUD 1.420374
AWG 1.8
AZN 1.702706
BAM 1.696506
BBD 2.013896
BDT 123.776354
BHD 0.377061
BIF 2993.650463
BMD 1
BND 1.281271
BOB 11.884005
BRL 5.099202
BSD 0.999879
BTN 95.145572
BWP 13.496235
BYN 2.977343
BYR 19600
BZD 2.010921
CAD 1.400935
CDF 2259.999914
CHF 0.810275
CLF 0.023176
CLP 915.120204
CNY 6.74905
CNH 6.74693
COP 3162.97
CRC 454.53954
CUC 1
CUP 26.5
CVE 95.649308
CZK 21.032496
DJF 178.055931
DKK 6.480765
DOP 58.368898
DZD 133.036949
EGP 49.778797
ERN 15
ETB 161.383609
EUR 0.86693
FJD 2.21395
FKP 0.743241
GBP 0.743525
GEL 2.614999
GGP 0.743241
GHS 11.733937
GIP 0.743241
GMD 73.99976
GNF 8782.057677
GTQ 7.628986
GYD 209.187745
HKD 7.84493
HNL 26.799903
HRK 6.5335
HTG 130.738004
HUF 315.983502
IDR 17848
ILS 3.00202
IMP 0.743241
INR 95.21305
IQD 1309.80882
IRR 1374849.999605
ISK 123.620252
JEP 0.743241
JMD 158.790465
JOD 0.709004
JPY 158.328497
KES 129.402481
KGS 87.450304
KHR 4061.274765
KMF 426.999937
KRW 1415.960098
KWD 0.30888
KYD 0.833247
KZT 468.616634
LAK 22575.258814
LBP 89537.973119
LKR 335.380452
LRD 180.479173
LSL 16.244058
LTL 2.95274
LVL 0.60489
LYD 6.360139
MAD 9.319182
MDL 17.387495
MGA 4266.798513
MKD 53.374161
MMK 2099.552715
MNT 3596.040078
MOP 8.079926
MRU 40.196738
MUR 47.069843
MVR 15.459842
MWK 1733.805211
MXN 17.15491
MYR 4.090201
MZN 63.912314
NAD 16.244058
NGN 1364.669975
NIO 36.795607
NOK 9.51425
NPR 152.232915
NZD 1.703215
OMR 0.384497
PAB 0.999866
PEN 3.386262
PGK 4.418787
PHP 60.862988
PKR 277.591253
PLN 3.726103
PYG 5945.498155
QAR 3.655172
RON 4.553006
RSD 101.728999
RUB 82.351799
RWF 1470.282086
SAR 3.754727
SBD 8.068348
SCR 14.491095
SDG 600.495633
SEK 9.48936
SGD 1.280885
SLE 24.600507
SOS 571.458312
SRD 37.866504
STD 20697.981008
STN 21.251865
SVC 8.749095
SZL 16.240762
THB 33.049875
TJS 9.223917
TMT 3.505
TND 2.937441
TRY 47.7066
TTD 6.777323
TWD 32.265704
TZS 2647.503015
UAH 44.783463
UGX 3724.827703
UYU 40.249652
UZS 11958.657362
VES 754.21125
VND 26204.5
VUV 119.010387
WST 2.728415
XAF 568.992228
XAG 0.015589
XAU 0.000232
XCD 2.70255
XCG 1.802071
XDR 0.708194
XOF 569.009503
XPF 103.452015
YER 236.849634
ZAR 16.22229
ZMK 9001.197435
ZMW 18.872278
ZWL 321.999592
  • JRI

    0.1500

    12.81

    +1.17%

  • BCC

    2.3900

    86.65

    +2.76%

  • CMSC

    -0.0160

    21.704

    -0.07%

  • BCE

    -0.0150

    22.755

    -0.07%

  • BTI

    0.9700

    59.7

    +1.62%

  • RIO

    1.9700

    101.62

    +1.94%

  • AZN

    0.1700

    160.18

    +0.11%

  • NGG

    0.7600

    81.17

    +0.94%

  • GSK

    0.6520

    52.822

    +1.23%

  • BP

    -0.3600

    41.87

    -0.86%

  • VOD

    0.1500

    16.15

    +0.93%

  • RYCEF

    -0.3800

    20.62

    -1.84%

  • RELX

    0.2685

    35.74

    +0.75%

  • CMSD

    -0.0890

    21.891

    -0.41%

  • RBGPF

    0.0000

    69.74

    0%

1.5C goal on the line as countries gear up for key climate talks
1.5C goal on the line as countries gear up for key climate talks / Photo: © AFP/File

1.5C goal on the line as countries gear up for key climate talks

Facing record-shattering temperatures and a geopolitical tinderbox, countries are scrambling to lay the groundwork for crucial UN climate talks next month tasked with salvaging global warming goals laid out in the landmark Paris deal.

Text size:

Ministers meet next week in the United Arab Emirates to grapple with flashpoint issues, including the future of fossil fuels and financial solidarity between rich polluters and nations most vulnerable to the devastating impacts of climate change.

World leaders meeting in Dubai for the COP28 summit between November 30 and December 12 will also have to respond to a damning progress report on the world's commitments under the Paris Agreement.

The 2015 deal aims to limit global warming to well below two degrees Celsius since the pre-industrial era and preferably a safer 1.5C.

The results are already in on that "global stocktake": the world is far off track.

"The challenge we face is immense," incoming COP28 president Sultan Al Jaber acknowledged in October.

Keeping the Paris goals in reach needs an enormous collective effort to slash greenhouse gas emissions this decade.

But that may be even more challenging in a world roiled by geopolitical storms, with conflict between Israel and Hamas adding to tensions over Russia's invasion of Ukraine, United States-China rivalry and a mounting debt crisis.

This year has seen a catalogue of climate extremes and the highest global temperatures in human history, stoked by the El Nino weather phenomenon that is warming temperatures.

That may serve to focus minds, making clear that the dangerous changes to Earth's fragile life support systems are already in motion.

The question is whether countries perceive climate change as a "collective threat", Alden Meyer of think tank E3G told AFP.

- Fossil fight -

The climate talks, which will kick off with a two-day world leaders summit, are expected to be the biggest ever, with predictions of 80,000 attendees.

Observers have raised concerns that eye-catching initiatives on the sidelines of the meeting could obscure the main negotiations, which this year should reflect the poor performance on the Paris goals.

"The risk is that we will be sold a whole raft of declarations and side coalitions," said Lola Vallejo, of the Institute for Sustainable Development and International Relations.

The focus should instead be on "an ambitious agreement on the stocktake of the Paris Agreement, including fossil fuels and loss and damage", she said.

The UAE has proposed targets to triple global renewable energy capacity, double the annual rate of energy efficiency improvements by 2030 and called for massive scaling up of climate finance.

Rich polluters are under pressure to finally meet their promise to provide $100 billion in funding by 2020 for poorer nations to prepare for climate extremes and fund the energy transition.

An agreement to help vulnerable countries cope with climate "loss and damage" is also a key point of contention.

The flagship achievement of last year's COP27 in Egypt, it was mired in disagreement during recent talks to flesh out the details -- like who pays, how much and the fund structure.

But the biggest tussle is likely to be over weaning the world off coal, oil and gas -- the main drivers of global warming.

Jaber, who heads the UAE state-owned oil firm ADNOC, has said he believes the phasing down of fossil fuels is "inevitable", without specifying when.

ADNOC last year announced plans to invest $150 billion in oil and gas expansion over five years.

Meyer said technology to capture emissions at source or remove them from the atmosphere touted by the UAE and others are not anywhere near at a scale to make a significant contribution in the years to 2030.

"You can have a pathway to 1.5C or you can expand oil and gas production. You can't have both," he told AFP.

"The UAE is trying to pretend it doesn't have to choose."

- 'Jumpy ride' -

There are some positives.

The International Energy Agency has said world fossil fuel demand is forecast to peak this decade due to the "spectacular" growth of cleaner energy technologies and electric cars, helped by ambitious policies in China, the United States and Europe among others.

But that is not enough.

On our current trajectory the world will still warm by far more than 2C.

With nearly 1.2C of warming so far, scientists warn some impacts are hitting harder and faster than expected.

Climate change should be viewed as an "existential threat", according to a recent study by prominent researchers.

Co-author Johan Rockstrom, director of the Potsdam Institute for Climate Impact Research, said he now expects the world to blow past the 1.5C threshold, before attempting to drag temperatures back down again by 2100.

"That will be a very jumpy ride, a real gauntlet for humanity," he told AFP.

P.McDonald--TFWP