The Japan Times - UN climate talks open in oil-rich UAE with pressure for urgent action

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%

UN climate talks open in oil-rich UAE with pressure for urgent action
UN climate talks open in oil-rich UAE with pressure for urgent action / Photo: Karim SAHIB - AFP/File

UN climate talks open in oil-rich UAE with pressure for urgent action

The UN climate conference opened Thursday with nations urged to make faster cuts to planet-warming emissions and phase out fossil fuels as scepticism swirls over the oil-rich United Arab Emirates hosting the talks.

Text size:

The two-week-long negotiations in a vast exhibition venue in Dubai come at a pivotal moment, with emissions still climbing and the UN saying this year is likely to be the hottest in human history.

World leaders, Britain's King Charles III and activists and lobbyists are among more than 97,000 people jetting into the flashy Gulf city, which boasts the world's tallest skyscraper, one of its busiest airports, and an indoor ski slope.

Double the size of last year's conference, COP28 is billed as the largest-ever climate gathering and the UN and hosts the UAE say they will be the most important since Paris 2015.

There, nations agreed to limit global warming to well below 2 degrees Celsius since the pre-industrial era, and preferably to a safer limit of 1.5C.

But scientists say the world is off-track, and the nearly 200 nations gathering for COP28 must commit to accelerating climate action or risk the worst impacts of a warming planet.

UN Secretary-General Antonio Guterres said leaders should aim for a complete "phaseout" of fossil fuels, a proposal opposed by some powerful nations that has dogged past negotiations.

"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.

- Hosts under fire -

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 as the man appointed to steer the talks, Sultan Al Jaber, is also head of UAE state oil giant ADNOC.

Jaber, who also chairs a clean energy company, has defended his record, and strenuously denied this week that he used the COP presidency to pursue new fossil fuel deals, allegations first reported by the BBC.

Christiana Figueres, who was UN climate chief when the Paris deal was reached, questioned the role of fossil fuel companies at COP and said she was "giving up hope" they could be part of the solution to warming.

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

"A very clear signal that the era of fossil fuels needs to end very rapidly is our litmus test for COP28," said Romain Ioualalen, global policy campaign manager at Oil Change International.

- Rule by consensus -

Rallying a common position on the matter will be difficult at COP where all nations -- whether dependent on oil, sinking beneath rising seas or locked in geopolitical rivalry -- must take decisions unanimously.

The UAE hopes to marshal an agreement on the tripling of renewable energy and doubling the annual rate of energy efficiency improvements by 2030.

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.

At the opening of the conference, delegates were asked to pause for a minute's silence for civilians killed in the Gaza conflict.

On the sidelines of COP, Israeli President Isaac Herzog will hold talks with diplomats on the release of hostages held by Hamas, his office said. He is also scheduled to speak on Friday within minutes of Mahmoud Abbas, leader of the Palestinian Authority.

Neither US President Joe Biden nor Chinese President Xi Jinping are attending, though Washington is sending Vice President Kamala Harris.

But the US and China, the world's two biggest polluters, did make a rare joint announcement on the climate this month that spurred optimism going into COP.

H.Takahashi--JT