The Japan Times - Nations urged to phase out fossil fuels at UN climate talks

EUR -
AED 3.828656
AFN 77.59637
ALL 99.120725
AMD 413.39488
ANG 1.879334
AOA 953.273928
ARS 1098.793184
AUD 1.659396
AWG 1.876319
AZN 1.774516
BAM 1.958213
BBD 2.105415
BDT 126.697351
BGN 1.956574
BHD 0.392776
BIF 3086.559314
BMD 1.0424
BND 1.406647
BOB 7.20588
BRL 6.035388
BSD 1.042805
BTN 91.174047
BWP 14.472627
BYN 3.412538
BYR 20431.032236
BZD 2.094581
CAD 1.49048
CDF 2970.838899
CHF 0.93927
CLF 0.026372
CLP 1011.826379
CNY 7.584079
CNH 7.585281
COP 4348.463764
CRC 529.152102
CUC 1.0424
CUP 27.62359
CVE 110.402113
CZK 25.128099
DJF 185.688834
DKK 7.460126
DOP 64.460056
DZD 140.772806
EGP 52.453863
ERN 15.635994
ETB 133.243102
FJD 2.405235
FKP 0.858507
GBP 0.833247
GEL 2.960389
GGP 0.858507
GHS 16.05879
GIP 0.858507
GMD 75.052522
GNF 9015.196386
GTQ 8.062013
GYD 218.158849
HKD 8.117515
HNL 26.573002
HRK 7.692438
HTG 136.399401
HUF 405.95236
IDR 17011.805176
ILS 3.693019
IMP 0.858507
INR 91.075026
IQD 1365.996494
IRR 43885.023607
ISK 146.790832
JEP 0.858507
JMD 164.664504
JOD 0.739477
JPY 158.937859
KES 134.681221
KGS 91.1583
KHR 4192.105829
KMF 499.152739
KPW 938.159759
KRW 1505.339465
KWD 0.321466
KYD 0.868958
KZT 539.026514
LAK 22674.943526
LBP 93379.176073
LKR 311.316638
LRD 207.50572
LSL 19.416815
LTL 3.077935
LVL 0.630537
LYD 5.122362
MAD 10.437263
MDL 19.519774
MGA 4891.027471
MKD 61.564802
MMK 3385.673252
MNT 3542.073966
MOP 8.364608
MRU 41.574633
MUR 48.687467
MVR 16.053835
MWK 1808.067468
MXN 21.539523
MYR 4.610015
MZN 66.61472
NAD 19.416815
NGN 1560.201202
NIO 38.377663
NOK 11.686217
NPR 145.880777
NZD 1.833513
OMR 0.401316
PAB 1.042785
PEN 3.870807
PGK 4.185198
PHP 60.369575
PKR 290.776429
PLN 4.208104
PYG 8216.085705
QAR 3.802186
RON 4.975688
RSD 117.077134
RUB 101.918151
RWF 1450.967224
SAR 3.909633
SBD 8.834529
SCR 15.003756
SDG 626.482441
SEK 11.35979
SGD 1.405473
SHP 0.858507
SLE 23.876593
SLL 21858.598411
SOS 595.925815
SRD 36.593438
STD 21575.567204
SVC 9.124332
SYP 13553.279634
SZL 19.405915
THB 34.956853
TJS 11.381726
TMT 3.648399
TND 3.312682
TOP 2.441402
TRY 37.43369
TTD 7.062704
TWD 34.238133
TZS 2655.543177
UAH 43.402303
UGX 3837.766298
USD 1.0424
UYU 45.376355
UZS 13540.816962
VES 61.213769
VND 26239.804029
VUV 123.755774
WST 2.919581
XAF 656.756905
XAG 0.032192
XAU 0.000363
XCD 2.817137
XDR 0.799793
XOF 656.772676
XPF 119.331742
YER 259.359248
ZAR 19.346926
ZMK 9382.84807
ZMW 29.223013
ZWL 335.652247
  • JRI

    0.0800

    12.72

    +0.63%

  • SCS

    0.1150

    11.425

    +1.01%

  • BCC

    -0.9200

    124.65

    -0.74%

  • BCE

    0.0220

    24.422

    +0.09%

  • CMSC

    0.1650

    23.505

    +0.7%

  • CMSD

    0.1800

    23.86

    +0.75%

  • RIO

    0.1450

    61.345

    +0.24%

  • NGG

    0.8550

    62.715

    +1.36%

  • RBGPF

    0.2700

    66.27

    +0.41%

  • GSK

    2.7850

    37.625

    +7.4%

  • RYCEF

    0.1000

    7.5

    +1.33%

  • BTI

    0.8650

    41.095

    +2.1%

  • RELX

    0.6000

    50.46

    +1.19%

  • AZN

    1.4200

    70.38

    +2.02%

  • VOD

    0.0650

    8.265

    +0.79%

  • BP

    0.0750

    31.715

    +0.24%

Nations urged to phase out fossil fuels at UN climate talks
Nations urged to phase out fossil fuels at UN climate talks / Photo: Karim SAHIB - AFP/File

Nations urged to phase out fossil fuels at UN climate talks

The UN climate conference opens in Dubai on Thursday with nations urged to increase the pace of action on global warming and phase out fossil fuels, amid intense scrutiny of oil-rich hosts UAE.

Text size:

The two-week-long climate negotiations being held this year in the glitzy Gulf city come at a pivotal moment, with emissions still rising and this year likely to be the hottest in human history.

Britain's King Charles III, world leaders, activists and lobbyists are among more than 97,000 people expected to attend what is being billed as the largest climate gathering of its kind.

The UN and hosts the United Arab Emirates say these talks, known as COP28, will be the most important since Paris in 2015, when nations agreed to limit global warming to well below 2 degrees Celsius since the preindustrial era, and preferably to a safer limit of 1.5C.

Scientists say the world is not on track to achieve these targets and nations must make faster and deeper cuts to emissions to avert the most disastrous impacts of climate change.

On the eve of the summit, UN Secretary-General Antonio Guterres said the conference should aim for a complete "phaseout" of fossil fuels, a contested proposal supported by many nations and scientists that has dogged negotiations past.

"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.

"Right now, we're taking baby steps where we should be taking great leaps and great strides to get us to where we need to be," said UN climate chief Simon Stiell on Wednesday.

On Friday and Saturday, about 140 heads of state and government -- Pope Francis had to cancel at the last minute due to the flu -- are expected to articulate their ambition after a year of devastating floods, wildfires and storms across the globe.

- Hosts under pressure -

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 after the appointment of Sultan Al Jaber -- the head of UAE oil giant ADNOC -- to steer the talks as COP president.

The 50-year-old Emirati, who also chairs a clean energy company, has defended his record and resisted pressure from European and US lawmakers to stand aside.

Fears of a conflict of interest were given fresh life on the eve of COP28 when Jaber was accused of using the presidency to pursue fossil fuel deals in meetings with governments -- accusations he strenuously denied.

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

- Thorny issues -

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.

Israeli President Isaac Herzog and Palestinian Authority leader Mahmoud Abbas may cross paths on Friday, as they are scheduled to speak within minutes of each other.

Neither US President Joe Biden nor Chinese President Xi Jinping -- heads of the world's two biggest polluters -- are attending, though Washington and Beijing did strike a rare common note on the climate this month that spurred optimism going into COP.

Sonia Dunlop, CEO of the Global Solar Council, said it was hoped that more than 100 countries would agree to triple renewable energy by 2030 -- a flagship proposal being put forward by the COP hosts.

Rallying a common position on the future of fossil fuels will be more challenging.

Any decisions at COP are made by consensus, meaning nearly 200 nations -- whether dependent on oil, sinking beneath rising seas or locked in geopolitical rivalry -- must traverse these fault lines to reach any agreement.

"In the end, the proof is in the pudding," US climate envoy John Kerry said Wednesday.

K.Inoue--JT