Berliner Boersenzeitung - King Charles says COP28 must be climate 'turning point'

EUR -
AED 4.112593
AFN 71.669138
ALL 90.788645
AMD 403.584889
ANG 2.004261
AOA 1026.886761
ARS 1730.125816
AUD 1.626967
AWG 2.018499
AZN 1.898968
BAM 1.953851
BBD 2.257938
BDT 139.630746
BGN 1.957279
BHD 0.423174
BIF 3350.228885
BMD 1.119833
BND 1.431154
BOB 13.536379
BRL 6.164349
BSD 1.121082
BTN 105.855122
BWP 15.358546
BYN 3.34486
BYR 21948.730437
BZD 2.254631
CAD 1.572884
CDF 2592.413635
CHF 0.91398
CLF 0.027825
CLP 1095.106913
CNY 7.489999
CNH 7.464897
COP 3625.58312
CRC 508.388442
CUC 1.119833
CUP 26.904807
CVE 110.151702
CZK 24.350217
DJF 199.630907
DKK 7.474383
DOP 67.322258
DZD 152.570958
EGP 60.270991
ERN 16.797498
ETB 183.994359
FJD 2.531983
FKP 0.830529
GBP 0.834091
GEL 2.917144
GGP 0.830529
GHS 13.076842
GIP 0.830529
GMD 83.428936
GNF 9929.875211
GTQ 8.567188
GYD 234.883652
HKD 8.775069
HNL 30.130681
HRK 7.580162
HTG 146.922162
HUF 364.716191
IDR 20314.89382
ILS 3.59355
IMP 0.830529
INR 105.468691
IQD 1699.489915
IRR 2117999.855204
ISK 136.799392
JEP 0.830529
JMD 177.81108
JOD 0.793902
JPY 176.727036
KES 145.477209
KGS 97.928631
KHR 4561.450846
KMF 493.84599
KPW 1007.849824
KRW 1523.141376
KWD 0.347775
KYD 0.934256
KZT 504.060546
LAK 25230.499556
LBP 100678.36257
LKR 372.693319
LRD 190.577384
LSL 18.370876
LTL 3.306576
LVL 0.677376
LYD 7.176843
MAD 10.925007
MDL 20.043027
MGA 5082.885427
MKD 61.549404
MMK 2351.596988
MNT 4033.608062
MOP 9.058585
MRU 45.290427
MUR 52.665738
MVR 17.307015
MWK 1943.943937
MXN 21.013656
MYR 4.54596
MZN 71.568673
NAD 18.371532
NGN 1505.481108
NIO 41.257932
NOK 10.448884
NPR 169.371573
NZD 2.013701
OMR 0.430574
PAB 1.121072
PEN 3.861449
PGK 5.106861
PHP 70.608858
PKR 310.053613
PLN 4.40375
PYG 6907.111508
QAR 4.097785
RON 5.336121
RSD 117.64746
RUB 91.267205
RWF 1651.338367
SAR 4.203464
SBD 9.016581
SCR 15.530541
SDG 673.57461
SEK 11.01693
SGD 1.433806
SHP 0.834886
SLE 25.654803
SLL 23482.34691
SOS 640.655351
SRD 42.057597
STD 23178.286007
STN 24.475372
SVC 9.809086
SYP 14560.070726
SZL 18.364521
THB 37.54073
TJS 10.341648
TMT 3.930614
TND 3.340464
TOP 2.696289
TRY 56.152239
TTD 7.592326
TWD 36.884021
TZS 2966.696034
UAH 50.924158
UGX 4534.437294
USD 1.119833
UYU 45.154765
UZS 13377.539063
VES 1000.872181
VND 28676.1283
VUV 133.835028
WST 3.111473
XAF 655.957
XAG 0.021762
XAU 0.000276719297
XCD 3.026405
XCG 2.020367
XDR 0.79178
XOF 655.957
XPF 119.331742
YER 264.476607
ZAR 18.50484
ZMK 10079.847437
ZMW 22.729129
ZWL 360.585829
SSP 6433.66131
MXV 2.364121
  • 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%

King Charles says COP28 must be climate 'turning point'

King Charles says COP28 must be climate 'turning point'

King Charles III told world leaders on Friday that the UN's COP28 climate talks in Dubai must be a "critical turning point" in the fight against climate change, with "genuine transformational action".

Text size:

Charles kicked off two days of speeches by heads of state and government in the sun-soaked Gulf city of Dubai, where the future of fossil fuels has taken centre stage.

"I pray with all my heart that COP28 will be another critical turning point towards genuine transformational action," Charles told assembled leaders including Indian Prime Minister Narendra Modi, French President Emmanuel Macron and Brazilian President Luiz Inacio Lula da Silva.

"The Earth does not belong to us, we belong to the Earth," said the king, a lifelong environmentalist, who missed last year's COP27 in Egypt reportedly due to objections by then UK prime minister Liz Truss.

The COP28 conference opened on Thursday with an early victory as nations agreed to launch a "loss and damage" fund for vulnerable countries devastated by natural disasters.

But delegates face two weeks of tough negotiations on an array of issues that have long bedevilled climate talks, starting with the future of oil, gas and coal.

- Phase down vs phase out -

A first draft of the agreement being negotiated by nearly 200 countries includes language on a "phasedown/out" of fossil fuels, which account for the bulk of greenhouse gas emissions.

The sense of urgency was heightened by a UN warning that 2023 is on track to become the hottest year on record, raising fears the world will not meet the goal of limiting warming to 1.5 degrees Celsius.

"The science is clear: the 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels," UN Secretary-General Antonio Guterres said.

Activists have raised concerns about the influence of the energy industry lobby at COP28 as the conference is chaired by Sultan Al Jaber, who is also head of the UAE's national oil company.

Jaber, who is also chairman of a renewable energy firm, said Thursday the "role of fossil fuels" must be included in a final COP28 deal.

"I will be rolling up my sleeves, engaging and helping address this challenge and delivering real, actionable results," Jaber said.

The draft text sets up a fight between those calling for a "phaseout" and those in favour of a less drastic "phasedown" of fossil fuels. But observers said the inclusion of such language was significant.

"It is more ambitious than anything ever tabled at COP27 (talks in Egypt last year), so even having it among the options is a big step up," said Lola Vallejo, an expert from French climate think tank IDDRI.

- Gaza war -

More than 140 kings, presidents and prime ministers will address delegates on Friday and Saturday.

But the climate crisis will share the agenda with the Israel-Hamas conflict.

Israeli President Isaac Herzog met his UAE counterpart Sheikh Mohamed bin Zayed Al Nahyan on Thursday and will be among the speakers addressing the COP28 conference on Friday.

Palestinian president Mahmud Abbas had also been scheduled to speak but his office told AFP that he was no longer going and his foreign minister would be in Dubai instead.

The conference began on Thursday with a moment of silence -- at the request of the Egyptian head of last year's COP -- for the civilians who have died in the conflict.

The war began on October 7 when Hamas and other militants from Gaza poured over the border into Israel, killing around 1,200 people, mostly civilians, and kidnapping about 240, according to Israeli authorities.

Aiming to destroy Hamas, Israel retaliated with an air and ground offensive that the Hamas government in Gaza says has killed more than 15,000 people, also mostly civilians, and reduced large parts of the north of the territory to rubble.

Herzog is using his COP28 visit for a diplomatic push to secure the release of hostages held by Hamas.

He "appealed" to his Emirati counterpart "to employ his full political weight to promote and speed up the return home of the hostages," the Israeli president's office said.

US Vice President Kamala Harris, who will represent the United States at COP28, will meet with regional officials on the Israel-Hamas conflict, according to the White House.

 

(T.Burkhard--BBZ)