The Japan Times - 1.5C goal on the line as countries gear up for key climate talks

EUR -
AED 4.30605
AFN 77.455431
ALL 96.368843
AMD 446.825609
ANG 2.098861
AOA 1075.194297
ARS 1684.256833
AUD 1.75871
AWG 2.113454
AZN 1.990675
BAM 1.954163
BBD 2.357215
BDT 143.020165
BGN 1.955393
BHD 0.442026
BIF 3459.001738
BMD 1.172513
BND 1.513838
BOB 8.087224
BRL 6.349745
BSD 1.170314
BTN 105.638487
BWP 16.520088
BYN 3.433823
BYR 22981.246248
BZD 2.353818
CAD 1.612973
CDF 2620.565058
CHF 0.932962
CLF 0.027339
CLP 1072.493319
CNY 8.275653
CNH 8.268371
COP 4459.358408
CRC 582.814151
CUC 1.172513
CUP 31.071583
CVE 110.172687
CZK 24.225634
DJF 208.404491
DKK 7.470031
DOP 74.947522
DZD 152.069003
EGP 55.74336
ERN 17.587688
ETB 182.244576
FJD 2.663717
FKP 0.873318
GBP 0.876851
GEL 3.168164
GGP 0.873318
GHS 13.435742
GIP 0.873318
GMD 85.593444
GNF 10179.470725
GTQ 8.96349
GYD 244.814872
HKD 9.128872
HNL 30.812314
HRK 7.533513
HTG 153.270269
HUF 383.949754
IDR 19529.662388
ILS 3.757716
IMP 0.873318
INR 106.095444
IQD 1533.115418
IRR 49374.504122
ISK 148.206273
JEP 0.873318
JMD 187.502094
JOD 0.831307
JPY 182.852189
KES 150.926355
KGS 102.536535
KHR 4685.054462
KMF 492.45513
KPW 1055.256887
KRW 1731.578572
KWD 0.359668
KYD 0.975283
KZT 609.39939
LAK 25383.73123
LBP 104804.385472
LKR 361.926745
LRD 206.56692
LSL 19.820193
LTL 3.462125
LVL 0.709241
LYD 6.356647
MAD 10.76548
MDL 19.9313
MGA 5190.62869
MKD 61.534638
MMK 2462.590834
MNT 4159.343647
MOP 9.38044
MRU 46.393325
MUR 53.841242
MVR 18.068604
MWK 2029.39094
MXN 21.161231
MYR 4.807886
MZN 74.924535
NAD 19.820193
NGN 1700.342027
NIO 43.063917
NOK 11.861178
NPR 169.022099
NZD 2.017765
OMR 0.450856
PAB 1.170319
PEN 3.944495
PGK 4.965818
PHP 69.261539
PKR 329.157998
PLN 4.223168
PYG 7998.264228
QAR 4.265426
RON 5.089523
RSD 117.366736
RUB 93.397389
RWF 1703.465419
SAR 4.399723
SBD 9.650473
SCR 15.979173
SDG 705.269084
SEK 10.892648
SGD 1.514641
SHP 0.879688
SLE 28.264217
SLL 24587.000022
SOS 667.637746
SRD 45.244327
STD 24268.642774
STN 24.479385
SVC 10.24042
SYP 12966.090323
SZL 19.814313
THB 36.957449
TJS 10.790559
TMT 4.103794
TND 3.431525
TOP 2.823129
TRY 50.060647
TTD 7.942345
TWD 36.573601
TZS 2884.366813
UAH 49.399998
UGX 4161.513111
USD 1.172513
UYU 46.081389
UZS 14068.212388
VES 310.404955
VND 30844.1155
VUV 142.444053
WST 3.264212
XAF 655.405048
XAG 0.01819
XAU 0.000271
XCD 3.168774
XCG 2.109233
XDR 0.815114
XOF 655.405048
XPF 119.331742
YER 279.49766
ZAR 19.7712
ZMK 10554.022157
ZMW 26.830405
ZWL 377.548567
  • AZN

    -0.6100

    89.68

    -0.68%

  • GSK

    -0.1000

    48.78

    -0.21%

  • RYCEF

    -0.1000

    14.64

    -0.68%

  • NGG

    0.1500

    74.84

    +0.2%

  • VOD

    0.0600

    12.6

    +0.48%

  • RBGPF

    0.0000

    81.17

    0%

  • CMSC

    0.0600

    23.49

    +0.26%

  • BTI

    -1.6300

    56.74

    -2.87%

  • SCS

    0.0200

    16.14

    +0.12%

  • RIO

    -1.1500

    75.59

    -1.52%

  • CMSD

    -0.0300

    23.37

    -0.13%

  • JRI

    0.0100

    13.73

    +0.07%

  • RELX

    0.0300

    40.31

    +0.07%

  • BCC

    0.5800

    76.84

    +0.75%

  • BP

    -0.3350

    35.195

    -0.95%

  • BCE

    0.2850

    23.685

    +1.2%

1.5C goal on the line as countries gear up for key climate talks
1.5C goal on the line as countries gear up for key climate talks / Photo: Ulysse BELLIER - AFP/File

1.5C goal on the line as countries gear up for key climate talks

Facing record-shattering temperatures and a geopolitical tinderbox, countries are scrambling to lay the groundwork for crucial UN climate talks next month tasked with salvaging global warming goals laid out in the landmark Paris deal.

Text size:

Ministers meet next week in the United Arab Emirates to grapple with flashpoint issues, including the future of fossil fuels and financial solidarity between rich polluters and nations most vulnerable to the devastating impacts of climate change.

World leaders meeting in Dubai for the COP28 summit between November 30 and December 12 will also have to respond to a damning progress report on the world's commitments under the Paris Agreement.

The 2015 deal aims to limit global warming to well below two degrees Celsius since the pre-industrial era and preferably a safer 1.5C.

The results are already in on that "global stocktake": the world is far off track.

"The challenge we face is immense," incoming COP28 president Sultan Al Jaber acknowledged in October.

Keeping the Paris goals in reach needs an enormous collective effort to slash greenhouse gas emissions this decade.

But that may be even more challenging in a world roiled by geopolitical storms, with conflict between Israel and Hamas adding to tensions over Russia's invasion of Ukraine, United States-China rivalry and a mounting debt crisis.

This year has seen a catalogue of climate extremes and the highest global temperatures in human history, stoked by the El Nino weather phenomenon that is warming temperatures.

That may serve to focus minds, making clear that the dangerous changes to Earth's fragile life support systems are already in motion.

The question is whether countries perceive climate change as a "collective threat", Alden Meyer of think tank E3G told AFP.

- Fossil fight -

The climate talks, which will kick off with a two-day world leaders summit, are expected to be the biggest ever, with predictions of 80,000 attendees.

Observers have raised concerns that eye-catching initiatives on the sidelines of the meeting could obscure the main negotiations, which this year should reflect the poor performance on the Paris goals.

"The risk is that we will be sold a whole raft of declarations and side coalitions," said Lola Vallejo, of the Institute for Sustainable Development and International Relations.

The focus should instead be on "an ambitious agreement on the stocktake of the Paris Agreement, including fossil fuels and loss and damage", she said.

The UAE has proposed targets to triple global renewable energy capacity, double the annual rate of energy efficiency improvements by 2030 and called for massive scaling up of climate finance.

Rich polluters are under pressure to finally meet their promise to provide $100 billion in funding by 2020 for poorer nations to prepare for climate extremes and fund the energy transition.

An agreement to help vulnerable countries cope with climate "loss and damage" is also a key point of contention.

The flagship achievement of last year's COP27 in Egypt, it was mired in disagreement during recent talks to flesh out the details -- like who pays, how much and the fund structure.

But the biggest tussle is likely to be over weaning the world off coal, oil and gas -- the main drivers of global warming.

Jaber, who heads the UAE state-owned oil firm ADNOC, has said he believes the phasing down of fossil fuels is "inevitable", without specifying when.

ADNOC last year announced plans to invest $150 billion in oil and gas expansion over five years.

Meyer said technology to capture emissions at source or remove them from the atmosphere touted by the UAE and others are not anywhere near at a scale to make a significant contribution in the years to 2030.

"You can have a pathway to 1.5C or you can expand oil and gas production. You can't have both," he told AFP.

"The UAE is trying to pretend it doesn't have to choose."

- 'Jumpy ride' -

There are some positives.

The International Energy Agency has said world fossil fuel demand is forecast to peak this decade due to the "spectacular" growth of cleaner energy technologies and electric cars, helped by ambitious policies in China, the United States and Europe among others.

But that is not enough.

On our current trajectory the world will still warm by far more than 2C.

With nearly 1.2C of warming so far, scientists warn some impacts are hitting harder and faster than expected.

Climate change should be viewed as an "existential threat", according to a recent study by prominent researchers.

Co-author Johan Rockstrom, director of the Potsdam Institute for Climate Impact Research, said he now expects the world to blow past the 1.5C threshold, before attempting to drag temperatures back down again by 2100.

"That will be a very jumpy ride, a real gauntlet for humanity," he told AFP.

T.Sato--JT