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Page 6 - Climate Change Talks

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LIVE: US Fed keeps key rates steady at 5.25-5.50%, signals 3 cuts in 2024
Updated On : 14 Dec 2023 | 12:36 AM IST

COP28: India calls for implementation of Paris Agreement, focus on equity

India on Wednesday urged world leaders at the global climate talks COP28 to implement the Paris Agreement in letter and spirit through the Global Stocktake process while maintaining the focus on the principles of equity and climate justice. Speaking at the closing plenary of the COP28, where a historic climate deal that called for a transition away from fossil fuels was reached, Environment Minister Bhupendra Yadav said the collective efforts here have sent positive signals to the world in reinforcing commitment to maintaining the temperature goals set in Paris. The way ahead must be based on equity and climate justice, let us implement the Paris Agreement in letter and spirit through the Global Stocktake process, he said. Adopted after nearly two weeks of hectic negotiations, the first Global Stocktake deal, being termed the UAE consensus, urges countries to accelerate efforts toward the phase down of unabated coal power, which is a climb down after India and China strongly resiste

COP28: India calls for implementation of Paris Agreement, focus on equity
Updated On : 13 Dec 2023 | 5:22 PM IST

COP28: Nations inch closer to historic deal on fossil fuel transition

After nearly two weeks of hectic negotiations, countries on Wednesday were on the verge of reaching a historic deal on a 'transition away from fossil fuels' while emerging economies like India and China strongly opposed the targeting of coal. This marks a step back from the earlier proposal of a 'phase-out of fossil fuels' that drew sharp criticism from many countries in the Global South and oil-reliant economies like Saudi Arabia. A draft cover decision of the Dubai climate talks released early in the morning called for a "deep, rapid, and sustained" reduction in planet-warming greenhouse gas emissions in line with 1.5 degree Celsius pathways in a "nationally determined" manner, taking into account the Paris Agreement and their different national circumstances, pathways, and approaches. It lays an eight-point plan to achieve this, including a "transition away from fossil fuels" in energy systems in a "just, orderly and equitable manner", accelerating action in this decade, to achie

COP28: Nations inch closer to historic deal on fossil fuel transition
Updated On : 13 Dec 2023 | 10:59 AM IST

COP28: Nations strain for consensus as climate talks stretch into overtime

Hectic negotiations continued behind closed doors at the Dubai Expo City Centre long after the 11 am deadline, with officials trying to find common ground on key sticking points, including finance and fossil fuels. Around 10 pm, a COP28 spokesperson updated the media that consultations will continue until 3 am (Dubai time), which effectively means a plenary session to adopt a deal could be held in the morning. "Overnight and throughout today, the COP28 President and his team have been engaging in extensive consultations with a wide representation of negotiating groups and Parties. This is to ensure everyone is heard, and all views are considered. He is determined to deliver a version of the text that has the support of all Parties," the spokesperson said. Released after 11 days of intense negotiations, Monday's draft deal exposed stark disparities in the expectations of both developed and developing nations. Rich countries, such as the US, Australia, New Zealand, Japan, and the ...

COP28: Nations strain for consensus as climate talks stretch into overtime
Updated On : 13 Dec 2023 | 7:27 AM IST

COP28 summit forced into overtime as fossil fuel talks divide nations

Al Suwaidi said the COP28 presidency aimed for a "historic" result that included mentioning fossil fuels - but that it was up to countries to agree

COP28 summit forced into overtime as fossil fuel talks divide nations
Updated On : 12 Dec 2023 | 10:21 PM IST

Global South disappointed over GST draft at COP28; calls for revisions

Developing countries have deplored the latest draft of the global stocktake, the most important document of the ongoing climate conference (COP28) here, calling for major changes, including in the section offering options to slash planet-warming greenhouse gas emissions, negotiators from the Global South said on Tuesday. The latest global stocktake (GST) draft, which will be the centrepiece of the final deal document, does not mention the "phase-out of fossil fuels". However, it includes stronger language on coal usage, which is problematic for heavily coal-dependent countries like India and China. Approximately 40 per cent of global CO2 emissions stem from coal, with oil and gas contributing to the remaining percentage. India, relying on coal for about 70 per cent of its power generation, aims to add 17 gigawatts of coal-based power generation capacity in the next 16 months. India has voiced strong concerns about the specific targeting of coal. Together with other developing ...

Global South disappointed over GST draft at COP28; calls for revisions
Updated On : 12 Dec 2023 | 6:05 PM IST

Climate talks enter last day with no agreement in sight on fossil fuels

Hopes for finishing a critical climate summit on time were fading early on Tuesday as countries were still far apart on key issues, including an agreement on what to do about the fossil fuels that are causing dangerous global warming. The United Nations-led summit known as COP28 was scheduled to end around midday after nearly two weeks of speeches, demonstrations and negotiations. But the climate talks often run long, and Monday's release of a draft agreement angered countries that insist on a commitment for rapid phase-out of coal, oil and gas. Instead, the draft called for countries to reduce consumption and production of fossil fuels, in a just, orderly and equitable manner. Tina Stege, climate envoy for the Marshall Islands, ridiculed the document as a meaningless wish list that questions the science" and said it doesn't address the Paris agreement goal of limiting warming to 1.5 degrees Celsius (2.7 Fahrenheit) to stave off the worst effects of climate change. Earth is on its w

Climate talks enter last day with no agreement in sight on fossil fuels
Updated On : 12 Dec 2023 | 10:41 AM IST

Why climate efforts fail to cut emissions

Technological limitations and policy inconsistencies pose a formidable challenge

Why climate efforts fail to cut emissions
Updated On : 11 Dec 2023 | 10:19 PM IST

UN officials, activists ramp up urgency as COP28 enters final days

Visibly tired and frustrated top United Nations officials urged climate talks to push harder for an end to fossil fuels. Time seems to be running out both in the talks in Dubai and for action that could keep warming at or below the internationally agreed-upon threshold. UN Secretary-General Antonio Guterres returned to the summit on Monday and said it was time to go into overdrive, to negotiate in good faith, and rise to the challenge. He said negotiators at the COP28 summit in particular must focus on the reduction of greenhouse gas emissions and climate justice. He said the global stocktake the part of talks that assesses where the world is at with its climate goals and how it can reach them should phase out all fossil fuels in order to reach the goal of limiting the rise of global temperatures to 1.5 degrees Celsius (2.7 degrees Fahrenheit) compared with pre-industrial times. That phase-out was, he said, a central aspect" for the summit to be considered a success. "We can't k

UN officials, activists ramp up urgency as COP28 enters final days
Updated On : 11 Dec 2023 | 7:00 PM IST

Business booms on sidelines of COP28 as 'startup village' clinch deals

The executive agreed to a demonstration of the company's spray-on surface coating that breaks down air pollutants and repels dirt to treat its solar panel arrays

Business booms on sidelines of COP28 as 'startup village' clinch deals
Updated On : 11 Dec 2023 | 5:56 PM IST

'COP28 decisions only as strong as what least-ambitious nations accept'

It's the killer detail in international climate talks: Consensus. With nearly 200 nations of different sizes, economies, political systems, resources and needs, they all have to find common ground if they are going to save the one common ground they share planet Earth. Consensus is frequently used to weaken efforts to curb climate change and experts say that's by design, dating back to oil interests and the first United Nations climate negotiations. Some veteran politicians would like to change it, while others embrace it as the only fair way to get things done. Whatever decision is taken can only be as strong as what the least ambitious (nations) are prepared to accept, said climate talks historian Joanna Depledge of Cambridge University. And we've seen that over the years. US Sen. Sheldon Whitehouse, a Democrat from Rhode Island, said the practise of requiring near-unanimity could be fatal: A small, self-interested minority of states cannot be allowed to block the progress ...

'COP28 decisions only as strong as what least-ambitious nations accept'
Updated On : 11 Dec 2023 | 4:43 PM IST

Negotiators, activists ramp up urgency as climate talks enter final days

Delegates at the United Nations climate talks have little time left to decide how the world plans to cap planet-warming emissions and keep the worst of warming at bay, ramping up the urgency as new drafts were expected on key outcomes of the summit. Simon Stiell, the executive secretary of the U.N. Framework Convention on Climate Change, told journalists Monday morning that the climate wolves remained at the world's doors as negotiations reach their climax at the summit. We do not have a minute to lose in this crucial final stretch and none of us have had much sleep, Stiell said. He added that the areas where options need to be negotiated have narrowed significantly, in particular how to reduce planet-warming emissions and the transition with the proper means of support to deliver it. When asked directly if it was a possibility that negotiators could leave Dubai without a deal, Stiell did not deny that could happen. One thing is for certain: I win, you lose is a recipe for collecti

Negotiators, activists ramp up urgency as climate talks enter final days
Updated On : 11 Dec 2023 | 12:25 PM IST

Best of BS Opinion: World's climate future, inflation fight and more

Here is the best of Business Standard's opinion pieces for today

Best of BS Opinion: World's climate future, inflation fight and more
Updated On : 11 Dec 2023 | 6:30 AM IST

COP28 summit: The money food badly needs for climate fight is rolling in

More than $3 billion in climate finance has been pledged for food and agriculture

COP28 summit: The money food badly needs for climate fight is rolling in
Updated On : 10 Dec 2023 | 10:28 PM IST

Work faster, be flexible: 11th-hourr push for fossil fuel deal at COP28

Draft paper lists adaptation targets for 2030 but disagreement lingers

Work faster, be flexible: 11th-hourr push for fossil fuel deal at COP28
Updated On : 10 Dec 2023 | 10:25 PM IST

COP 28: Changing the narrative

Targeting coal means shifting the burden of the transition to countries that cannot afford even dirty energy to meet the needs of their people

COP 28: Changing the narrative
Updated On : 10 Dec 2023 | 10:00 PM IST

India opted holistic approach to environment conservation: Bhupendra Yadav

Yadav said, "The mangrove ecosystem in India offers a unique example of existing in harmony with nature. The Sunderbans, lying along eastern India, offers the largest contiguous mangrove forest in the

India opted holistic approach to environment conservation: Bhupendra Yadav
Updated On : 10 Dec 2023 | 8:20 AM IST

COP28 summit: Activists plan 'day of action' to press negotiators

Protests aimed at pressuring nations to move decisively to stop climate change were expected to be their most intense yet on Saturday, a Global Day of Action with events at United Nations-led talks in Dubai and around the world. If activists needed any additional energy, they may have gotten it with reports that OPEC's chief had urged its oil-producing members to reject any agreement that targets fossil fuels for a speedy phase-out. It's the central issue as talks head into their final days, as activists and experts have warned that the world must quickly reduce use of the oil, gas and coal that is causing dangerous warming. Mohamed Adow, director of Power Shift Africa, called the Dec. 6 letter from OPEC Secretary-General Haitham Al Ghais, reported by several news organizations, shameful and said the writing is on the wall for dirty energy. The reality is if the world is going to save itself, it cannot be held back by a small band of countries that control the world's oil supply, Ad

COP28 summit: Activists plan 'day of action' to press negotiators
Updated On : 09 Dec 2023 | 11:33 AM IST

COP28: New GST draft text gives four options for move towards clean energy

A new draft of the Global Stocktake released on Friday here at the COP28 has four options for the move towards clean energy ranging from phase out of fossil fuels to no mention of the phase out at all. The Global Stocktake is a fundamental component of the Paris Agreement of 2015 which is used to monitor its implementation and evaluate the collective progress made in achieving the agreed goals of restricting emission to keep temperature rise to 1.5 degrees Celsius as compared to the pre-industrial era. At the ongoing climate change negotiations, called the Conference of Parties (COP28), the Global Stocktake (GST) text is the most crucial document set to be finalised by the negotiators by the end of this two-week long annual meet. Several contentious issues, including proposals to phase out fossil fuels, triple renewables capacity, and double energy efficiency improvement are still unresolved as negotiations continue in the second week. The four options for the move towards clean .

COP28: New GST draft text gives four options for move towards clean energy
Updated On : 09 Dec 2023 | 6:58 AM IST

COP28 climate summit: Negotiators turn back to future of fossil fuels

The United Nations climate conference on Friday began its final week with negotiators expected to zoom in on the future of fossil fuels on a dangerously warming planet. Thursday was a rest day, a bit of quiet before talks at COP28 grow even more intense. Negotiators will work to finalize a key document called the Global Stocktake. It evaluates the world's climate change progress since the 2015 Paris agreement and what needs to be done now to avoid blowing past its goal of limiting warming to 1.5 degrees Celsius (2.7 Fahrenheit) compared to preindustrial times. You start off very hopeful, euphoria, COP28 CEO Annan Amin said. Things are happening. Then the negotiations get hard and people start spreading rumours and conjecture and a little bit of depression, and then things start to come up again. And the clarity of the negotiations process becomes clearer. Then you have the political engagement, and that's where the real intensity and excitement comes from. A draft of the Global ...

COP28 climate summit: Negotiators turn back to future of fossil fuels
Updated On : 08 Dec 2023 | 10:59 AM IST