The Fort Worth Press - Climate talks run into night as COP30 hosts seek breakthrough

USD -
AED 3.673097
AFN 64.500451
ALL 81.34983
AMD 369.279941
ANG 1.789884
AOA 917.999922
ARS 1395.624804
AUD 1.38259
AWG 1.8
AZN 1.701457
BAM 1.66265
BBD 2.014749
BDT 122.739232
BGN 1.668102
BHD 0.377297
BIF 2976
BMD 1
BND 1.266375
BOB 6.912147
BRL 4.940497
BSD 1.000319
BTN 94.284014
BWP 13.393294
BYN 2.82688
BYR 19600
BZD 2.011842
CAD 1.36364
CDF 2315.999651
CHF 0.778795
CLF 0.022624
CLP 890.409986
CNY 6.80185
CNH 6.80419
COP 3741.06
CRC 458.882886
CUC 1
CUP 26.5
CVE 94.225027
CZK 20.693601
DJF 177.719797
DKK 6.36078
DOP 59.549955
DZD 132.081898
EGP 52.718598
ERN 15
ETB 157.29611
EUR 0.85121
FJD 2.212022
FKP 0.735472
GBP 0.736385
GEL 2.679994
GGP 0.735472
GHS 11.269915
GIP 0.735472
GMD 72.999971
GNF 8777.494952
GTQ 7.638065
GYD 209.28562
HKD 7.83245
HNL 26.609557
HRK 6.415902
HTG 131.015429
HUF 303.388008
IDR 17333.35
ILS 2.901355
IMP 0.735472
INR 94.411098
IQD 1310
IRR 1312899.999774
ISK 122.410095
JEP 0.735472
JMD 157.559837
JOD 0.708961
JPY 156.657496
KES 129.149891
KGS 87.420497
KHR 4012.517817
KMF 419.000263
KPW 900.010907
KRW 1456.689972
KWD 0.307879
KYD 0.833606
KZT 463.246483
LAK 21949.999902
LBP 89549.999964
LKR 322.106516
LRD 183.449924
LSL 16.369859
LTL 2.95274
LVL 0.60489
LYD 6.329955
MAD 9.142501
MDL 17.210233
MGA 4165.000253
MKD 52.491304
MMK 2099.841446
MNT 3580.445259
MOP 8.06845
MRU 39.935026
MUR 46.710186
MVR 15.455027
MWK 1742.000354
MXN 17.261435
MYR 3.910167
MZN 63.900068
NAD 16.369724
NGN 1360.640193
NIO 36.705012
NOK 9.29575
NPR 150.856686
NZD 1.67956
OMR 0.384501
PAB 1.00031
PEN 3.457501
PGK 4.340234
PHP 60.448026
PKR 278.600215
PLN 3.59908
PYG 6122.509702
QAR 3.642967
RON 4.480181
RSD 99.89701
RUB 74.662723
RWF 1460.5
SAR 3.775297
SBD 8.032258
SCR 14.060977
SDG 600.47226
SEK 9.246535
SGD 1.26803
SHP 0.746601
SLE 24.605582
SLL 20969.496166
SOS 571.502518
SRD 37.431018
STD 20697.981008
STN 21.275
SVC 8.752758
SYP 110.548305
SZL 16.370219
THB 32.2515
TJS 9.348017
TMT 3.51
TND 2.869499
TOP 2.40776
TRY 45.247197
TTD 6.76678
TWD 31.3943
TZS 2597.502706
UAH 43.802978
UGX 3741.312987
UYU 39.99779
UZS 12125.000044
VES 496.20906
VND 26310
VUV 118.093701
WST 2.711513
XAF 557.627717
XAG 0.012556
XAU 0.000212
XCD 2.70255
XCG 1.80278
XDR 0.694413
XOF 556.497009
XPF 101.895554
YER 238.606151
ZAR 16.41005
ZMK 9001.209585
ZMW 19.055796
ZWL 321.999592
  • CMSC

    -0.0300

    22.97

    -0.13%

  • CMSD

    -0.0100

    23.41

    -0.04%

  • RBGPF

    0.0000

    63.18

    0%

  • BCE

    0.4250

    24.655

    +1.72%

  • BCC

    -0.4750

    73.765

    -0.64%

  • BTI

    -1.3200

    58.24

    -2.27%

  • RIO

    -2.0900

    103.42

    -2.02%

  • NGG

    -1.7800

    86.07

    -2.07%

  • GSK

    0.0950

    50.625

    +0.19%

  • AZN

    -2.2100

    182.71

    -1.21%

  • RYCEF

    -0.0500

    17.45

    -0.29%

  • VOD

    -0.3950

    15.735

    -2.51%

  • BP

    -0.7500

    43.88

    -1.71%

  • RELX

    -1.3550

    34.395

    -3.94%

  • JRI

    -0.0050

    13.165

    -0.04%

Climate talks run into night as COP30 hosts seek breakthrough
Climate talks run into night as COP30 hosts seek breakthrough / Photo: © AFP/File

Climate talks run into night as COP30 hosts seek breakthrough

COP30 hosts Brazil on Monday extended negotiations into the night at the UN climate talks as they pushed for a rapid compromise among countries very much at deep odds.

Text size:

Following a difficult first week, Brazil set a deadline for nations to finalize "a significant part" of the negotiations by Tuesday evening for approval the following day.

"It's super difficult as you know... but all involved thought that it's worth a try" said COP30 President Andre Correa do Lago in the rainforest city of Belem where the talks are underway.

Sleepless nights are assured, with Correa do Lago extending the program so negotiators were "able to continue working at night."

They have their work cut out.

No progress has been made to reconcile differences over weak climate commitments, insufficient financial pledges and trade measures.

China and India are leading a push for COP30 to adopt a decision against unilateral trade barriers, singling out the EU's Carbon Border Adjustment Mechanism (CBAM) for attack.

Tested since 2023 and set to become fully operational in 2026, CBAM targets imports of carbon-intensive goods such as steel, aluminum, cement, fertilizers, electricity and hydrogen.

The head of China's COP30 delegation, Li Gao, told AFP last week that nations should "avoid the negative impact of, for example, geopolitical unilateralism or protectionism."

But the EU's climate commissioner, Wopke Hoekstra, hit back at attacks over the bloc's flagship policy and defended carbon pricing as "something that we need".

"We're not going to be lured into the suggestion that actually CBAM is a unilateral trade measure. And in that realm, we're also not going to discuss it," Hoekstra said in a news conference.

EU and Chinese officials were due to hold talks later Monday.

- Sleepless in Belem -

UN climate chief Simon Stiell urged negotiators to tackle "the hardest issues fast" to avoid going into overtime at the summit's close on Friday.

"When these issues get pushed deep into extra time, everybody loses. We absolutely cannot afford to waste time on tactical delays or stonewalling," he said.

The COP30 presidency published a memo Sunday evening summarizing the divergent viewpoints and proposing options.

Money is again at the heart of the negotiations, after last year's summit in Baku ended with an agreement for developed countries to provide $300 billion annually in climate finance to poorer nations -- a figure criticized as greatly insufficient.

Developing countries, especially from Africa, want COP30 to point the finger at developed nations for falling short on providing financing to help adapt to climate change and cut emissions.

Another divisive issue was a push by island states -- backed by Latin American nations and the EU -- for COP30 to respond to the latest projections showing the world will fail to limit warming to 1.5C.

But major emerging countries, from China to Saudi Arabia, are wary of any text that implies they are not doing enough to curb climate change.

"For Small Island Developing States, 1.5C is not a political slogan. It is a non-negotiable survival threshold for our people, our culture, and our livelihoods," said Steven Victor, the environment minister of Palau, which is chairing the Alliance of Small Island States (AOSIS).

- Fossil fight -

Victor told fellow ministers that AOSIS was disappointed over a lack of progress since nations agreed in 2023 at COP28 in Dubai to transition away from fossil fuels.

Host nation Brazil wants COP30 to send an ambitious signal on fossil fuels, but it remains unclear what form this might take.

Even supporters are doubtful that stronger language on fossil fuels could be agreed by all countries at COP30 given fierce opposition from major oil-producing nations, among others.

"At the end of the day... it's about phasing out fossil fuels if we are to solve this problem," a delegate from a European country supportive of Brazil's fossil fuel push told AFP.

"They are not talking about it in the negotiating rooms. Someone has to do something about it."

Brazil's Vice President Geraldo Alckmin urged ministers on Monday to agree to "integrated action plans" for transitioning away from fossil fuels.

Alckmin said President Luiz Inacio Lula da Silva might come to Belem this week, which would be "extremely positive."

"Brazil is committed to combating climate change," he said.

ia-ico-alb-lth-np/bjt

W.Knight--TFWP