Berliner Boersenzeitung - UN chief says stop 'blame game' at deadlocked climate talks

EUR -
AED 4.097449
AFN 71.405838
ALL 90.616631
AMD 401.812176
ANG 1.996881
AOA 1024.222003
ARS 1713.62359
AUD 1.586729
AWG 2.011067
AZN 1.901136
BAM 1.949248
BBD 2.247416
BDT 138.524382
BGN 1.950072
BHD 0.421299
BIF 3348.664286
BMD 1.11571
BND 1.425553
BOB 13.529886
BRL 6.07404
BSD 1.115884
BTN 105.894855
BWP 15.416733
BYN 3.286955
BYR 21867.912013
BZD 2.244137
CAD 1.557179
CDF 2582.868583
CHF 0.919211
CLF 0.028029
CLP 1106.739931
CNY 7.431859
CNH 7.423714
COP 3564.257673
CRC 507.410374
CUC 1.11571
CUP 26.778989
CVE 109.89512
CZK 24.353323
DJF 198.284384
DKK 7.473331
DOP 67.635085
DZD 151.572144
EGP 62.471162
ERN 16.735647
ETB 180.144444
FJD 2.503323
FKP 0.834157
GBP 0.833173
GEL 2.905153
GGP 0.834157
GHS 12.999654
GIP 0.834157
GMD 82.562922
GNF 9875.80474
GTQ 8.530327
GYD 233.890121
HKD 8.751695
HNL 29.991191
HRK 7.552251
HTG 146.193844
HUF 365.770399
IDR 20257.942776
ILS 3.508417
IMP 0.834157
INR 105.955892
IQD 1691.514361
IRR 2084608.919934
ISK 136.009279
JEP 0.834157
JMD 177.313208
JOD 0.791082
JPY 175.639543
KES 144.89766
KGS 97.567376
KHR 4552.758153
KMF 492.028411
KPW 1004.138774
KRW 1488.758952
KWD 0.347165
KYD 0.92987
KZT 505.929434
LAK 25123.453969
LBP 99922.520078
LKR 371.142489
LRD 189.679884
LSL 18.595196
LTL 3.294401
LVL 0.674882
LYD 7.172858
MAD 10.971273
MDL 19.973579
MGA 5047.215888
MKD 61.373706
MMK 2342.889781
MNT 4014.19357
MOP 9.016372
MRU 45.247533
MUR 52.751181
MVR 17.238138
MWK 1934.449804
MXN 20.968745
MYR 4.527778
MZN 71.305434
NAD 18.595196
NGN 1501.980106
NIO 41.06198
NOK 10.263084
NPR 169.431569
NZD 1.980129
OMR 0.42899
PAB 1.115989
PEN 3.862019
PGK 5.077909
PHP 71.054021
PKR 308.685923
PLN 4.404209
PYG 6537.027277
QAR 4.067528
RON 5.337002
RSD 117.453044
RUB 90.005057
RWF 1647.141366
SAR 4.188821
SBD 8.990619
SCR 15.366815
SDG 671.103544
SEK 10.959674
SGD 1.42586
SHP 0.834925
SLE 25.553845
SLL 23395.881486
SOS 637.665207
SRD 41.972449
STD 23092.94018
STN 24.418688
SVC 9.763183
SYP 14506.458423
SZL 18.59018
THB 37.692586
TJS 10.270839
TMT 3.904984
TND 3.336784
TOP 2.686361
TRY 55.727254
TTD 7.56557
TWD 36.423355
TZS 2946.810525
UAH 50.610698
UGX 4742.208913
USD 1.11571
UYU 44.860819
UZS 13383.494263
VES 990.169911
VND 28789.217736
VUV 133.012093
WST 3.094869
XAF 655.957
XAG 0.022737
XAU 0.000287344858
XCD 3.015262
XCG 2.010941
XDR 0.788865
XOF 655.957
XPF 119.331742
YER 263.534658
ZAR 18.66081
ZMK 10042.73102
ZMW 22.500973
ZWL 359.258099
SSP 6409.974876
MXV 2.363292
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

UN chief says stop 'blame game' at deadlocked climate talks
UN chief says stop 'blame game' at deadlocked climate talks / Photo: MOHAMMED ABED - AFP

UN chief says stop 'blame game' at deadlocked climate talks

UN chief Antonio Guterres urged rich and developing nations to stop the "finger pointing" at crunch climate talks on Thursday and reach a deal on covering the losses suffered by vulnerable nations battered by weather disasters.

Text size:

With the two-week COP27 conference officially due to wrap up on Friday, negotiators in Egypt said the talks would likely go on overnight as they scramble to find a compromise over the contentious "loss and damage" issue.

Guterres said there was "clearly a breakdown in trust" between developed and emerging economies, adding that the most effective way to build confidence would be to find an "ambitious and credible agreement" on loss and damage and financial support for vulnerable countries.

"This is no time for finger pointing. The blame game is a recipe for mutually assured destruction," he said.

"The time for talking on loss and damage finance is over -- we need action," he said, after flying back to Egypt from Bali where he had attended a G20 leaders meeting.

The intervention from the UN chief comes as the climate talks teeter on the edge of failure as poorer countries least responsible for global emissions lock horns with rich polluters over the creation of a "loss and damage" fund.

Ralph Regenvanu, minister of climate change for the Pacific island of Vanuatu, said walking out of the talks "was discussed as an option" if developing nations come away empty handed.

"We are out of time and we are out of money and we are out of patience," he said at a news conference.

"We must establish at this COP27 a loss and damage finance facility."

A 130-nation group known as G77+China issued a proposal to create the fund at the COP27 and agree on the nitty-gritty details at the next UN talks in Dubai in 2023.

After dragging their feet over loss and damage, the United States and European Union somewhat softened their position by agreeing to discuss the issue at COP27.

European Commission Vice President Frans Timmermans said the EU was open to the creation of a funding facility but that it should be among a "mosaic" of options that include existing financial instruments.

"We will do everything to find consensus," he said, adding however that he expects "quite a long and difficult journey to the end of this process".

"If this COP fails we all lose and we have absolutely no time to lose," he told journalists.

Protests held within the conference compound have sought to keep up the pressure on delegates, with small but vocal crowds of demonstrators chanting: "What do we want? Climate justice!"

- China's role -

Timmermans took issue with the G77+China proposal as it limits the donor base for a fund to a list of two-dozen rich nations drawn up in 1992.

The top EU official has pointed out that some countries, notably China, would be left "off the hook" from contributing to the fund even though they have grown wealthier since 1992.

"I'm still hopeful that we can reach an agreement on this, but then I do ask of our partners to make sure that it's fair so that everybody who is in a position to contribute contributes," Timmermans said.

Pakistan's climate minister Sherry Rehman, whose country chairs the G77+China, said the group was still "seeking to find common ground even at this late hour".

Rehman suggested that concerns from rich countries about liability could be addressed.

"For countries worried or anxious about liabilities and judicial proceedings, I think we can work around all those anxieties," she said.

Rehman recalled that Pakistan was devastated by floods this year that cost the country $30 billion.

"Vulnerability should not become a death sentence," she said.

"We are the ground zero of climate change," she added. "We must convey a message of hope to all those people that have pinned their ambitions on this particular COP."

- Make-or-break -

Guterres called for progress across the board on the goal of limiting warming to 1.5 degrees Celsius compared to preindustrial levels.

Rich nations should also finally deliver on their unmet pledge to provide $100 billion a year since 2020 to help the developing world green their economies and adapt to future impacts, and make progress on future financing.

Observers at the talks said loss and damage could be make-or-break for COP27.

"This is the issue around which the entire (COP)27 package hinges," said Tom Evans, an expert on climate diplomacy at think tank E3G.

Laurence Tubiana, a main architect of the 2015 Paris Agreement as France's top negotiator, told AFP a "possible landing zone for a compromise is not yet in view."

"Things could really go off the rails at the end."

(L.Kaufmann--BBZ)