The Japan Times - Climate talks run into night as COP30 hosts seek breakthrough

EUR -
AED 4.330578
AFN 75.468553
ALL 95.370831
AMD 434.26718
ANG 2.110613
AOA 1082.496254
ARS 1649.279971
AUD 1.625347
AWG 2.125489
AZN 2.009303
BAM 1.955202
BBD 2.368676
BDT 144.305864
BGN 1.967008
BHD 0.444064
BIF 3500.4294
BMD 1.179189
BND 1.491244
BOB 8.126515
BRL 5.795828
BSD 1.17604
BTN 111.057033
BWP 15.789171
BYN 3.323484
BYR 23112.111202
BZD 2.365277
CAD 1.612129
CDF 2670.864298
CHF 0.916177
CLF 0.026704
CLP 1050.508704
CNY 8.019372
CNH 8.014083
COP 4394.855841
CRC 540.634648
CUC 1.179189
CUP 31.248518
CVE 110.231286
CZK 24.334582
DJF 209.425947
DKK 7.476537
DOP 69.938609
DZD 156.038276
EGP 62.195977
ERN 17.68784
ETB 183.631137
FJD 2.574218
FKP 0.865474
GBP 0.864889
GEL 3.154379
GGP 0.865474
GHS 13.247948
GIP 0.865474
GMD 86.674958
GNF 10318.844
GTQ 8.979254
GYD 246.064742
HKD 9.234999
HNL 31.264438
HRK 7.538916
HTG 153.972908
HUF 353.981307
IDR 20491.303919
ILS 3.421187
IMP 0.865474
INR 111.345548
IQD 1540.628801
IRR 1546506.829043
ISK 143.873347
JEP 0.865474
JMD 185.35331
JOD 0.836092
JPY 184.753623
KES 151.883547
KGS 103.085327
KHR 4718.556838
KMF 492.90156
KPW 1061.251335
KRW 1723.751231
KWD 0.36279
KYD 0.9801
KZT 543.543758
LAK 25791.111834
LBP 105315.489444
LKR 378.634195
LRD 215.803997
LSL 19.293799
LTL 3.48184
LVL 0.71328
LYD 7.436725
MAD 10.75591
MDL 20.110849
MGA 4912.497521
MKD 61.621153
MMK 2476.100645
MNT 4223.124889
MOP 9.4824
MRU 47.006623
MUR 55.210091
MVR 18.163925
MWK 2038.876413
MXN 20.255648
MYR 4.623647
MZN 75.362436
NAD 19.293799
NGN 1609.593864
NIO 43.276764
NOK 10.859513
NPR 177.691653
NZD 1.976185
OMR 0.453611
PAB 1.17604
PEN 4.066156
PGK 5.193412
PHP 71.358689
PKR 327.765953
PLN 4.239717
PYG 7183.802847
QAR 4.298685
RON 5.21945
RSD 117.334114
RUB 87.543025
RWF 1724.072695
SAR 4.44258
SBD 9.456429
SCR 17.539736
SDG 708.107537
SEK 10.86706
SGD 1.494509
SHP 0.880384
SLE 29.067455
SLL 24727.006491
SOS 672.094441
SRD 44.100547
STD 24406.83871
STN 24.492509
SVC 10.290853
SYP 130.375396
SZL 19.281103
THB 37.973479
TJS 10.972544
TMT 4.127163
TND 3.415955
TOP 2.839205
TRY 53.473293
TTD 7.970562
TWD 36.927538
TZS 3063.662984
UAH 51.6595
UGX 4406.652233
USD 1.179189
UYU 46.905654
UZS 14265.63688
VES 588.693738
VND 31022.113342
VUV 139.685143
WST 3.192143
XAF 655.756438
XAG 0.014675
XAU 0.00025
XCD 3.186819
XCG 2.119552
XDR 0.815551
XOF 655.756438
XPF 119.331742
YER 281.384102
ZAR 19.315959
ZMK 10614.123377
ZMW 22.390152
ZWL 379.698489
  • RBGPF

    0.7000

    63.61

    +1.1%

  • VOD

    0.5100

    16.2

    +3.15%

  • RIO

    2.2700

    105.38

    +2.15%

  • CMSC

    0.1400

    23.11

    +0.61%

  • BP

    -0.4700

    43.34

    -1.08%

  • RELX

    0.0759

    33.58

    +0.23%

  • GSK

    -0.0900

    50.41

    -0.18%

  • RYCEF

    -0.4100

    16.37

    -2.5%

  • NGG

    0.9800

    86.89

    +1.13%

  • BCC

    -2.0900

    70.67

    -2.96%

  • AZN

    0.3300

    182.85

    +0.18%

  • JRI

    0.0000

    13.15

    0%

  • BTI

    0.2000

    58.28

    +0.34%

  • BCE

    -0.4300

    24.14

    -1.78%

  • CMSD

    0.1140

    23.534

    +0.48%

Climate talks run into night as COP30 hosts seek breakthrough
Climate talks run into night as COP30 hosts seek breakthrough / Photo: MAURO PIMENTEL - 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

S.Ogawa--JT