The Fort Worth Press - Brazil tries to avoid climate bust up at COP30 summit

USD -
AED 3.673042
AFN 63.503991
ALL 82.403989
AMD 368.150403
ANG 1.790403
AOA 918.000367
ARS 1465.449815
AUD 1.427684
AWG 1.8025
AZN 1.70397
BAM 1.705709
BBD 2.013483
BDT 122.708482
BGN 1.69088
BHD 0.37702
BIF 2985
BMD 1
BND 1.290663
BOB 6.90816
BRL 5.152304
BSD 0.999721
BTN 94.239742
BWP 13.585663
BYN 2.777729
BYR 19600
BZD 2.010527
CAD 1.417515
CDF 2280.000362
CHF 0.807865
CLF 0.02293
CLP 902.460396
CNY 6.769604
CNH 6.78349
COP 3452.68
CRC 453.506829
CUC 1
CUP 26.5
CVE 96.403894
CZK 21.091104
DJF 177.720393
DKK 6.516504
DOP 58.403884
DZD 133.34504
EGP 49.986489
ERN 15
ETB 158.37504
EUR 0.872353
FJD 2.235504
FKP 0.755711
GBP 0.757022
GEL 2.650391
GGP 0.755711
GHS 11.22504
GIP 0.755711
GMD 73.503851
GNF 8775.000355
GTQ 7.625892
GYD 209.119888
HKD 7.83688
HNL 26.68504
HRK 6.573199
HTG 130.583803
HUF 306.820388
IDR 17826.3
ILS 2.96854
IMP 0.755711
INR 94.330504
IQD 1310
IRR 1375000.000352
ISK 125.530386
JEP 0.755711
JMD 157.959917
JOD 0.70904
JPY 161.30504
KES 129.403801
KGS 87.450384
KHR 4010.00035
KMF 429.503794
KPW 900.00035
KRW 1527.650383
KWD 0.30793
KYD 0.833035
KZT 487.855928
LAK 22055.000349
LBP 89550.000349
LKR 333.641485
LRD 182.150382
LSL 16.405039
LTL 2.95274
LVL 0.60489
LYD 6.375039
MAD 9.225039
MDL 17.654036
MGA 4200.000347
MKD 53.732839
MMK 2099.479867
MNT 3580.422334
MOP 8.070939
MRU 40.060379
MUR 47.850378
MVR 15.450378
MWK 1737.000345
MXN 17.34565
MYR 4.137904
MZN 63.910377
NAD 16.403727
NGN 1360.440377
NIO 36.610377
NOK 9.70261
NPR 150.787532
NZD 1.743816
OMR 0.384983
PAB 0.999725
PEN 3.384039
PGK 4.38775
PHP 60.716504
PKR 278.325038
PLN 3.71375
PYG 6138.96617
QAR 3.640504
RON 4.568104
RSD 102.170373
RUB 73.103247
RWF 1464
SAR 3.74824
SBD 8.061424
SCR 13.683262
SDG 600.503676
SEK 9.589325
SGD 1.292404
SHP 0.746601
SLE 24.750371
SLL 20969.503664
SOS 571.503662
SRD 37.402504
STD 20697.981008
STN 21.4
SVC 8.747449
SYP 110.532098
SZL 16.403649
THB 32.890369
TJS 9.272075
TMT 3.5
TND 2.91175
TOP 2.40776
TRY 46.45903
TTD 6.779085
TWD 31.715038
TZS 2630.985038
UAH 44.909735
UGX 3638.520172
UYU 39.96965
UZS 12005.000334
VES 606.63266
VND 26310
VUV 118.132932
WST 2.751795
XAF 572.078806
XAG 0.015428
XAU 0.000241
XCD 2.70255
XCG 1.801643
XDR 0.703697
XOF 565.000332
XPF 104.250363
YER 238.603589
ZAR 16.454065
ZMK 9001.205044
ZMW 17.919703
ZWL 321.999592
  • CMSC

    0.0500

    22.37

    +0.22%

  • NGG

    -1.2400

    79.44

    -1.56%

  • JRI

    0.0500

    12.67

    +0.39%

  • BCC

    3.8500

    74.66

    +5.16%

  • CMSD

    0.0000

    22.29

    0%

  • AZN

    -2.9600

    174.93

    -1.69%

  • GSK

    -1.4800

    50.67

    -2.92%

  • BTI

    -0.5800

    58.91

    -0.98%

  • RIO

    -2.5900

    100.08

    -2.59%

  • BCE

    0.0000

    23.28

    0%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • RELX

    -0.8300

    31.18

    -2.66%

  • VOD

    -0.2300

    14.3

    -1.61%

  • BP

    -1.0400

    39.1

    -2.66%

  • RYCEF

    -0.0300

    18.4

    -0.16%

Brazil tries to avoid climate bust up at COP30 summit
Brazil tries to avoid climate bust up at COP30 summit / Photo: © AFP

Brazil tries to avoid climate bust up at COP30 summit

COP30 hosts Brazil will seek to land a compromise on Wednesday as some nations seek to put ambitious climate action and financial obligations on the summit agenda -- flashpoints that have stalled past negotiations.

Text size:

The United Nations summit narrowly avoided a so-called "agenda fight" at its Monday opening in Belem only because Brazil promised to hear these demands informally and broker an amenable solution.

Four divisive issues are being considered: trade, transparency and reporting measures, climate finance obligations, and efforts to slash heat-trapping pollution.

The latter two are the most sensitive, with rich countries unenthusiastic about reopening bitter fights over financial aid, and oil-producing giants against any focus on the role of fossil fuels in climate change.

Brazil is expected to reveal Wednesday whether it has been successful in finding a middle ground when it wraps up two days of backroom consultations in Belem.

The rotating hosts of these annual Conference of the Parties do not have decision-making power, but still play a crucial role in forging compromise.

Any decision at the COP summits must be reached by consensus among the 197 countries and the European Union that are members of the UN Framework Convention on Climate Change.

One close observer of the consultations told AFP that a few countries were "still not on board" but the dialogue had been "clearly constructive."

There is a growing sense that Brazil could be warming to the idea of a "cover decision" -- an overarching text, delivered at the COP's close, that provides space for articulating a compromised stance.

One diplomat attending Belem's closed-door discussions expects a "slightly more innovative" format where the specific proposals in question are considered on their own.

- Flashpoints -

The most incendiary of the four comes from the Alliance of Small Island States (AOSIS), which wants countries attending Belem to acknowledge their collective failure to keep global warming to safer levels.

Scientists say a temporary breach of 1.5 Celsius -- the lower limit of the Paris Climate Agreement's goal on global temperature rise -- is inevitable because nations have not cut planet-heating emissions fast enough to meet this target.

Other country blocs -- including the European Union and Latin American states -- support the push by AOSIS, whose members are some of the most threatened by rising seas.

Brazil's presidency had "finally found the courage to tackle this issue head-on," the diplomat told AFP.

This has agitated the Arab Group -- a collection of 22 nations including major petrostates -- which has criticised Brazil for opening this discussion, observers say.

The other major bone of contention is the provision by richer nations of financial support to help poorer ones cope with climate change.

The third issue concerns "unilateral" trade measures -- notably Europe's carbon border tax, which is fiercely opposed by China and India.

A fourth relates to an EU demand for greater transparency around how countries report key climate data.

T.M.Dan--TFWP