The Fort Worth Press - Concern as climate talks stalls on fossil fuels pledge

USD -
AED 3.672499
AFN 64.501308
ALL 81.091764
AMD 369.248031
ANG 1.789884
AOA 917.999814
ARS 1395.523747
AUD 1.382485
AWG 1.8
AZN 1.698555
BAM 1.662466
BBD 2.013854
BDT 122.689218
BGN 1.668102
BHD 0.377545
BIF 2976.339735
BMD 1
BND 1.267973
BOB 6.9098
BRL 4.914103
BSD 0.999873
BTN 94.420977
BWP 13.425192
BYN 2.825886
BYR 19600
BZD 2.010964
CAD 1.36575
CDF 2316.000248
CHF 0.778435
CLF 0.022607
CLP 889.770183
CNY 6.80505
CNH 6.80103
COP 3738.9
CRC 459.648974
CUC 1
CUP 26.5
CVE 93.718924
CZK 20.662698
DJF 178.070373
DKK 6.35355
DOP 59.467293
DZD 132.269335
EGP 52.717905
ERN 15
ETB 156.137601
EUR 0.85023
FJD 2.184898
FKP 0.734821
GBP 0.734715
GEL 2.679792
GGP 0.734821
GHS 11.264445
GIP 0.734821
GMD 72.999787
GNF 8773.107815
GTQ 7.634866
GYD 209.223551
HKD 7.82816
HNL 26.583478
HRK 6.404025
HTG 130.919848
HUF 302.820499
IDR 17368.9
ILS 2.90496
IMP 0.734821
INR 94.478103
IQD 1309.963492
IRR 1312900.000029
ISK 122.270146
JEP 0.734821
JMD 157.601928
JOD 0.708974
JPY 156.754504
KES 129.130063
KGS 87.420497
KHR 4012.087263
KMF 419.000313
KPW 899.950939
KRW 1466.68497
KWD 0.30763
KYD 0.833358
KZT 462.122307
LAK 21929.626969
LBP 89547.492658
LKR 321.915771
LRD 183.493491
LSL 16.405102
LTL 2.952741
LVL 0.60489
LYD 6.322723
MAD 9.144703
MDL 17.099822
MGA 4176.618078
MKD 52.401617
MMK 2099.606786
MNT 3578.902576
MOP 8.06268
MRU 39.968719
MUR 46.820195
MVR 15.454972
MWK 1733.612706
MXN 17.23635
MYR 3.920978
MZN 63.900189
NAD 16.405102
NGN 1359.689667
NIO 36.794016
NOK 9.20175
NPR 151.087386
NZD 1.67806
OMR 0.384529
PAB 0.999962
PEN 3.457057
PGK 4.415452
PHP 60.485968
PKR 278.66746
PLN 3.598017
PYG 6107.687731
QAR 3.654753
RON 4.440951
RSD 99.791978
RUB 74.148427
RWF 1465.941884
SAR 3.780624
SBD 8.032258
SCR 14.326153
SDG 600.498337
SEK 9.218875
SGD 1.267885
SHP 0.746601
SLE 24.600677
SLL 20969.496166
SOS 571.467429
SRD 37.43097
STD 20697.981008
STN 20.823594
SVC 8.749309
SYP 110.543945
SZL 16.394307
THB 32.224021
TJS 9.329718
TMT 3.51
TND 2.904513
TOP 2.40776
TRY 45.36475
TTD 6.776593
TWD 31.394497
TZS 2604.644023
UAH 43.92104
UGX 3746.547108
UYU 39.879308
UZS 12128.681314
VES 496.20906
VND 26308
VUV 118.026144
WST 2.704092
XAF 557.575577
XAG 0.012389
XAU 0.000212
XCD 2.70255
XCG 1.802048
XDR 0.695511
XOF 557.525817
XPF 101.364158
YER 238.601522
ZAR 16.42005
ZMK 9001.201083
ZMW 19.037864
ZWL 321.999592
  • RBGPF

    0.0000

    63.18

    0%

  • CMSC

    -0.0400

    22.97

    -0.17%

  • RYCEF

    -0.0500

    17.45

    -0.29%

  • NGG

    -1.9400

    85.91

    -2.26%

  • BTI

    -1.4800

    58.08

    -2.55%

  • GSK

    -0.0300

    50.5

    -0.06%

  • RELX

    -1.5900

    34.16

    -4.65%

  • BP

    -0.8200

    43.81

    -1.87%

  • AZN

    -2.4000

    182.52

    -1.31%

  • RIO

    -2.4000

    103.11

    -2.33%

  • VOD

    -0.4400

    15.69

    -2.8%

  • CMSD

    0.0000

    23.42

    0%

  • BCE

    0.3400

    24.57

    +1.38%

  • BCC

    -1.4800

    72.76

    -2.03%

  • JRI

    -0.0200

    13.15

    -0.15%

Concern as climate talks stalls on fossil fuels pledge
Concern as climate talks stalls on fossil fuels pledge / Photo: © AFP/File

Concern as climate talks stalls on fossil fuels pledge

The failure of UN climate negotiations to double down on a global pledge to move away from planet-heating fossil fuels on Sunday was decried by experts as a "worrying" setback to global progress on curbing warming.

Text size:

Nearly 200 nations spent much of COP29 in Azerbaijan locking horns over a tough-fought finance pact that was finally approved in the early hours of Sunday.

But countries also clashed bitterly over how to build on a landmark pledge at last year's climate talks to "transition away" from fossil fuels.

A text that was supposed to push for ways to put that promise into practice was ultimately not adopted at the close of COP29, with countries lamenting that it had been emptied of substance.

Observers said this meant the meeting in Baku, held in what is expected to be the world's hottest year on record, made virtually no progress on tackling the source of global warming.

Laurence Tubiana, the architect of the landmark 2015 Paris climate accord said the Baku deal was "not as ambitious as the moment demands".

"The impacts of the climate crisis are becoming ever more visible, ever more devastating in both human and economic terms, all over the world, with no region spared," she told AFP.

"The culprits are well known, yet once again fossil fuels have been defended by an ill-prepared COP presidency."

Azerbaijan, an authoritarian state that relies on oil and gas exports, has been accused of lacking the experience and bandwidth to steer such complex negotiations.

Its leader Ilham Aliyev opened the conference by hailing fossil fuels as a "gift of God".

- Fossil fight -

The European Union and other countries tussled with Saudi Arabia over including strong language on the energy transition during the UN talks.

Countries had also discussed ways to measure action, such as tracking progress on the move away from oil, gas and coal.

But a Saudi official told delegates on Thursday that the 22-nation Arab Group would reject any UN climate deal that targeted fossil fuels.

As negotiations wrapped up in the early hours of Sunday, countries and negotiating blocs including vulnerable small island states and Latin American and Caribbean nations said the text had been watered down so much that they could not support it.

"We made historic commitments a year ago, including to transition away from fossil fuels. We came here to translate that commitment into meaningful action and quite simply, we have fallen short," said the delegate from Canada.

The Fiji representative said a failure to agree a strong outcome was "an affront to this process".

Given the objections, the Azerbaijan presidency decided not to adopt the text, which will now be discussed again when negotiators meet next year in June.

Francois Gemenne, a specialist in environmental geopolitics, said the lack of follow up to the fossil fuel pledge was "very worrying" and showed the impact that producers and industry lobbyists can have on climate negotiations.

"We could have expected at least a return to the terms of COP28, but we didn't even get that," he said.

- 'Backward step' -

The international community has agreed that the world should aim to limit global warming to 1.5 degrees Celsius above preindustrial times.

Scientists say carbon dioxide pollution needs to be slashed this decade.

But preliminary research by scientists at the the Global Carbon Project, released during the COP29, found that fossil fuel CO2 emissions continued to rise this year to a new record high.

The failure to progress on emissions at the Baku meeting meant that the 1.5C limit is "very much on life support", said Natalie Jones, a policy advisor at the International Institute for Sustainable Development, a think tank.

"I think it's a backward step," she told AFP, citing concerns that a year of potential progress will be lost and that next year will see "less ambitious leadership" on climate.

Donald Trump, a sceptic of both climate change and foreign assistance, was elected just days before COP29 began and will take office early next year.

With talks mired in acrimony over funding from richer countries, observers said it was difficult for nations to push for more ambition on emissions.

Ultimately, a $300 billion a year pledge from wealthy historic polluters was approved, even as poorer vulnerable countries slammed it as insultingly low.

"The result of this COP is that we haven't really made any new progress on reducing greenhouse gases, but we have saved the process of the Paris Agreement, and we can still hope for better results next year," a European negotiator told AFP.

G.George--TFWP