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Draft Deal

All articles tagged with #draft deal

climate-change2 years ago

COP28 Struggles with Divisions and Incremental Progress

The COP28 climate summit is expected to go into overtime as negotiators await a new draft deal after the previous version was criticized for being too weak. The draft dropped the call to "phase out" fossil fuels, which many countries demanded. The proposed options for emissions reduction fell short of the emphasis on cutting fossil fuel use this decade, which scientists say is necessary to avoid escalating climate change. Countries like Australia, Canada, the European Union, Norway, and the United States are among those demanding a firm commitment to wean the world off coal, oil, and gas. Small island nations expressed concerns about rising sea levels, while Saudi Arabia and other OPEC members resisted attempts to include a fossil fuel phase-out in the deal. The negotiations are ongoing, and the deadline for the conference's closure is no longer feasible.

environment2 years ago

COP28: Fossil Fuel Backlash Threatens UN Climate Talks

The UN climate talks, COP28, in Dubai are at risk of collapse after some nations expressed anger over a draft deal on fossil fuels that they consider "weak." The draft removed language suggesting a "phase out" of fossil fuels, leading to objections from countries on the frontline of climate change. The European Union called the draft "unacceptable," and there are concerns that the talks may fail to reach a consensus. The draft text now states that nations should "reduce consumption and production of fossil fuels in a just, orderly, and equitable manner." The outcome of the talks will be judged on the ability to decide on the future of coal, oil, and gas and reach a consensus on phasing out fossil fuels in line with a 1.5°C temperature rise limit.