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

USD -
AED 3.672502
AFN 66.374624
ALL 82.891062
AMD 382.105484
ANG 1.790055
AOA 916.999807
ARS 1445.826396
AUD 1.509662
AWG 1.80125
AZN 1.695795
BAM 1.678236
BBD 2.018646
BDT 122.628476
BGN 1.677703
BHD 0.377014
BIF 2961.256275
BMD 1
BND 1.297979
BOB 6.925579
BRL 5.310804
BSD 1.002244
BTN 90.032049
BWP 13.315657
BYN 2.90153
BYR 19600
BZD 2.015729
CAD 1.394875
CDF 2230.000049
CHF 0.80302
CLF 0.023394
CLP 917.730085
CNY 7.07165
CNH 7.067097
COP 3796.99
CRC 491.421364
CUC 1
CUP 26.5
CVE 94.616395
CZK 20.76375
DJF 178.481789
DKK 6.40673
DOP 63.686561
DZD 129.897998
EGP 47.520501
ERN 15
ETB 156.280403
EUR 0.857898
FJD 2.261501
FKP 0.750125
GBP 0.749325
GEL 2.700162
GGP 0.750125
GHS 11.416779
GIP 0.750125
GMD 73.000063
GNF 8709.00892
GTQ 7.677291
GYD 209.68946
HKD 7.78475
HNL 26.389336
HRK 6.462901
HTG 131.282447
HUF 328.445496
IDR 16651.7
ILS 3.235525
IMP 0.750125
INR 89.888095
IQD 1312.956662
IRR 42124.999835
ISK 127.820348
JEP 0.750125
JMD 160.623651
JOD 0.708969
JPY 154.622993
KES 129.250164
KGS 87.45021
KHR 4014.227424
KMF 422.000349
KPW 899.992858
KRW 1470.020022
KWD 0.306802
KYD 0.83526
KZT 506.587952
LAK 21742.171042
LBP 89752.828464
LKR 309.374155
LRD 176.902912
LSL 17.013777
LTL 2.95274
LVL 0.60489
LYD 5.447985
MAD 9.247548
MDL 17.048443
MGA 4457.716053
MKD 52.892165
MMK 2099.902882
MNT 3550.784265
MOP 8.035628
MRU 39.710999
MUR 46.070267
MVR 15.409735
MWK 1737.95151
MXN 18.2142
MYR 4.114026
MZN 63.897023
NAD 17.013777
NGN 1450.250279
NIO 36.881624
NOK 10.095799
NPR 144.049872
NZD 1.732802
OMR 0.384503
PAB 1.002325
PEN 3.37046
PGK 4.251065
PHP 58.991026
PKR 283.139992
PLN 3.631841
PYG 6950.492756
QAR 3.663323
RON 4.367199
RSD 100.707975
RUB 76.00652
RWF 1458.303837
SAR 3.753008
SBD 8.223823
SCR 14.340982
SDG 601.504905
SEK 9.41351
SGD 1.29484
SHP 0.750259
SLE 22.999887
SLL 20969.498139
SOS 571.823287
SRD 38.643498
STD 20697.981008
STN 21.023817
SVC 8.769634
SYP 11056.894377
SZL 17.008825
THB 31.89005
TJS 9.210862
TMT 3.5
TND 2.941946
TOP 2.40776
TRY 42.517902
TTD 6.795179
TWD 31.297984
TZS 2449.999928
UAH 42.259148
UGX 3553.316915
UYU 39.265994
UZS 11939.350775
VES 248.585902
VND 26365
VUV 122.113889
WST 2.800321
XAF 562.862377
XAG 0.017154
XAU 0.000237
XCD 2.70255
XCG 1.806356
XDR 0.70002
XOF 562.867207
XPF 102.334841
YER 238.414547
ZAR 16.960985
ZMK 9001.19956
ZMW 23.026725
ZWL 321.999592
  • SCS

    -0.1200

    16.23

    -0.74%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • BCC

    -2.3000

    74.26

    -3.1%

  • RBGPF

    0.0000

    78.35

    0%

  • RIO

    -0.5500

    73.73

    -0.75%

  • NGG

    -0.5800

    75.91

    -0.76%

  • CMSC

    0.0400

    23.48

    +0.17%

  • GSK

    -0.4000

    48.57

    -0.82%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • JRI

    0.0500

    13.75

    +0.36%

  • BCE

    0.0400

    23.22

    +0.17%

  • VOD

    0.0500

    12.64

    +0.4%

  • RELX

    0.3500

    40.54

    +0.86%

  • BTI

    0.5300

    58.04

    +0.91%

  • BP

    -0.0100

    37.23

    -0.03%

  • AZN

    -0.8200

    90.03

    -0.91%

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