The Fort Worth Press - UN climate talks open in oil-rich UAE with pressure for urgent action

USD -
AED 3.673023
AFN 65.502391
ALL 81.973818
AMD 378.010112
ANG 1.79008
AOA 916.501917
ARS 1442.268898
AUD 1.441445
AWG 1.8
AZN 1.7106
BAM 1.658807
BBD 2.01469
BDT 122.336816
BGN 1.67937
BHD 0.376976
BIF 2960
BMD 1
BND 1.274003
BOB 6.911584
BRL 5.276899
BSD 1.000305
BTN 90.399817
BWP 13.243033
BYN 2.865297
BYR 19600
BZD 2.011721
CAD 1.36982
CDF 2229.999757
CHF 0.77837
CLF 0.02195
CLP 866.710218
CNY 6.93805
CNH 6.94043
COP 3693.5
CRC 495.911928
CUC 1
CUP 26.5
CVE 93.824958
CZK 20.59675
DJF 177.719853
DKK 6.34065
DOP 63.127629
DZD 130.041372
EGP 46.863504
ERN 15
ETB 155.859732
EUR 0.849115
FJD 2.21295
FKP 0.732184
GBP 0.738785
GEL 2.689746
GGP 0.732184
GHS 10.975005
GIP 0.732184
GMD 73.498872
GNF 8759.999674
GTQ 7.672344
GYD 209.27195
HKD 7.814205
HNL 26.422344
HRK 6.394902
HTG 131.225404
HUF 322.501046
IDR 16867
ILS 3.119945
IMP 0.732184
INR 90.28935
IQD 1310.388112
IRR 42125.000158
ISK 122.949976
JEP 0.732184
JMD 156.449315
JOD 0.709016
JPY 157.060052
KES 129.000021
KGS 87.450407
KHR 4037.199913
KMF 417.000412
KPW 900.030004
KRW 1469.280139
KWD 0.307441
KYD 0.833598
KZT 493.342041
LAK 21499.694667
LBP 89579.400015
LKR 309.548446
LRD 186.059136
LSL 16.159927
LTL 2.95274
LVL 0.60489
LYD 6.336511
MAD 9.181029
MDL 16.999495
MGA 4425.634414
MKD 52.283396
MMK 2099.783213
MNT 3569.156954
MOP 8.049755
MRU 39.901106
MUR 46.039984
MVR 15.460358
MWK 1734.461935
MXN 17.47756
MYR 3.947025
MZN 63.760188
NAD 16.159927
NGN 1366.214885
NIO 36.809608
NOK 9.80194
NPR 144.639707
NZD 1.67885
OMR 0.384503
PAB 1.000314
PEN 3.362397
PGK 4.348453
PHP 58.765967
PKR 280.076588
PLN 3.587985
PYG 6605.373863
QAR 3.645678
RON 4.324401
RSD 99.685025
RUB 76.750049
RWF 1459.984648
SAR 3.750101
SBD 8.064647
SCR 13.516644
SDG 601.491373
SEK 9.06309
SGD 1.27526
SHP 0.750259
SLE 24.549792
SLL 20969.499267
SOS 570.633736
SRD 37.870156
STD 20697.981008
STN 20.779617
SVC 8.752036
SYP 11059.574895
SZL 16.152192
THB 31.801939
TJS 9.362532
TMT 3.505
TND 2.89846
TOP 2.40776
TRY 43.536797
TTD 6.773307
TWD 31.684599
TZS 2584.999806
UAH 43.163845
UGX 3570.701588
UYU 38.599199
UZS 12269.30384
VES 377.98435
VND 25955
VUV 119.687673
WST 2.726344
XAF 556.374339
XAG 0.013556
XAU 0.000208
XCD 2.70255
XCG 1.802745
XDR 0.691101
XOF 556.348385
XPF 101.150088
YER 238.32501
ZAR 16.263035
ZMK 9001.200113
ZMW 18.580528
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    -0.0600

    16.62

    -0.36%

  • CMSD

    0.0200

    23.89

    +0.08%

  • CMSC

    0.0300

    23.55

    +0.13%

  • RELX

    0.3100

    30.09

    +1.03%

  • VOD

    -1.0900

    14.62

    -7.46%

  • RIO

    -5.3600

    91.12

    -5.88%

  • BCC

    -1.0700

    89.16

    -1.2%

  • GSK

    1.9400

    59.17

    +3.28%

  • BCE

    -0.7700

    25.57

    -3.01%

  • JRI

    -0.1500

    13

    -1.15%

  • NGG

    -0.9000

    86.89

    -1.04%

  • AZN

    -0.2900

    187.16

    -0.15%

  • BTI

    0.3300

    61.96

    +0.53%

  • BP

    -1.0300

    38.17

    -2.7%

UN climate talks open in oil-rich UAE with pressure for urgent action
UN climate talks open in oil-rich UAE with pressure for urgent action / Photo: © AFP/File

UN climate talks open in oil-rich UAE with pressure for urgent action

The UN climate conference opened Thursday with nations urged to make faster cuts to planet-warming emissions and phase out fossil fuels as scepticism swirls over the oil-rich United Arab Emirates hosting the talks.

Text size:

The two-week-long negotiations in a vast exhibition venue in Dubai come at a pivotal moment, with emissions still climbing and the UN saying this year is likely to be the hottest in human history.

World leaders, Britain's King Charles III and activists and lobbyists are among more than 97,000 people jetting into the flashy Gulf city, which boasts the world's tallest skyscraper, one of its busiest airports, and an indoor ski slope.

Double the size of last year's conference, COP28 is billed as the largest-ever climate gathering and the UN and hosts the UAE say they will be the most important since Paris 2015.

There, nations agreed to limit global warming to well below 2 degrees Celsius since the pre-industrial era, and preferably to a safer limit of 1.5C.

But scientists say the world is off-track, and the nearly 200 nations gathering for COP28 must commit to accelerating climate action or risk the worst impacts of a warming planet.

UN Secretary-General Antonio Guterres said leaders should aim for a complete "phaseout" of fossil fuels, a proposal opposed by some powerful nations that has dogged past negotiations.

"Obviously, I am strongly in favour of language that includes (a) phaseout, even with a reasonable time framework," Guterres told AFP before flying to Dubai.

A central focus will be a stocktake of the world's limited progress on curbing global warming, which requires an official response at these talks.

- Hosts under fire -

On Thursday, nations are expected to formally approve the launch of a "loss and damage" fund to compensate climate-vulnerable countries after a year of hard-fought negotiations over how it would work.

But it remains to be filled, with rich nations urged to make contributions so the money can start flowing.

The UAE sees itself as a bridge between the rich developed nations most responsible for historic emissions and the rest of the world, which has contributed less to global warming but suffers its worst consequences.

But the decision for it to host has attracted a firestorm of criticism, particularly as the man appointed to steer the talks, Sultan Al Jaber, is also head of UAE state oil giant ADNOC.

Jaber, who also chairs a clean energy company, has defended his record, and strenuously denied this week that he used the COP presidency to pursue new fossil fuel deals, allegations first reported by the BBC.

Christiana Figueres, who was UN climate chief when the Paris deal was reached, questioned the role of fossil fuel companies at COP and said she was "giving up hope" they could be part of the solution to warming.

Guterres said Jaber was in a better position to tell the oil industry that a fossil fuel phaseout was necessary than "if he was the member of an NGO with a very solid pro-climate record."

"A very clear signal that the era of fossil fuels needs to end very rapidly is our litmus test for COP28," said Romain Ioualalen, global policy campaign manager at Oil Change International.

- Rule by consensus -

Rallying a common position on the matter will be difficult at COP where all nations -- whether dependent on oil, sinking beneath rising seas or locked in geopolitical rivalry -- must take decisions unanimously.

The UAE hopes to marshal an agreement on the tripling of renewable energy and doubling the annual rate of energy efficiency improvements by 2030.

Nations will navigate a range of thorny issues between November 30 and December 12, and experts say geopolitical tensions and building trust could be a huge challenge.

At the opening of the conference, delegates were asked to pause for a minute's silence for civilians killed in the Gaza conflict.

On the sidelines of COP, Israeli President Isaac Herzog will hold talks with diplomats on the release of hostages held by Hamas, his office said. He is also scheduled to speak on Friday within minutes of Mahmoud Abbas, leader of the Palestinian Authority.

Neither US President Joe Biden nor Chinese President Xi Jinping are attending, though Washington is sending Vice President Kamala Harris.

But the US and China, the world's two biggest polluters, did make a rare joint announcement on the climate this month that spurred optimism going into COP.

C.Dean--TFWP