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

EUR -
AED 4.232113
AFN 74.904337
ALL 93.279336
AMD 422.93454
AOA 1056.73216
ARS 1724.244391
AUD 1.637356
AWG 2.077164
AZN 1.957746
BAM 1.956835
BBD 2.320187
BDT 142.605425
BHD 0.434424
BIF 3442.590928
BMD 1.152379
BND 1.478182
BOB 13.991036
BRL 5.899604
BSD 1.151989
BTN 109.939717
BWP 15.665285
BYN 3.395296
BYR 22586.638176
BZD 2.316925
CAD 1.619871
CDF 2606.682187
CHF 0.932159
CLF 0.026766
CLP 1056.869799
CNY 7.781563
CNH 7.775272
COP 3706.997419
CRC 522.367217
CUC 1.152379
CUP 30.538057
CVE 110.323351
CZK 24.181992
DJF 205.135827
DKK 7.475187
DOP 67.185535
DZD 153.221543
EGP 57.825372
ERN 17.285692
ETB 185.938344
FJD 2.549582
FKP 0.857799
GBP 0.856893
GEL 3.007759
GGP 0.857799
GHS 13.495787
GIP 0.857799
GMD 85.275767
GNF 10117.351113
GTQ 8.786647
GYD 241.174419
HKD 9.038464
HNL 30.878466
HRK 7.535364
HTG 150.618356
HUF 361.584455
IDR 20688.669142
ILS 3.47076
IMP 0.857799
INR 109.599875
IQD 1509.098169
IRR 1584809.905586
ISK 141.800133
JEP 0.857799
JMD 182.146338
JOD 0.817011
JPY 181.564281
KES 148.956597
KGS 100.775916
KHR 4663.42604
KMF 493.218296
KRW 1643.938977
KWD 0.356592
KYD 0.959987
KZT 542.685256
LAK 26055.781022
LBP 103145.242854
LKR 386.784572
LRD 207.935467
LSL 18.991245
LTL 3.402677
LVL 0.697062
LYD 7.338882
MAD 10.733777
MDL 20.165228
MGA 4905.594591
MKD 61.562561
MMK 2419.612672
MNT 4130.473055
MOP 9.306821
MRU 46.055359
MUR 54.207824
MVR 17.804627
MWK 1997.530502
MXN 19.887028
MYR 4.721419
MZN 73.633658
NAD 18.991327
NGN 1570.946811
NIO 42.392422
NOK 10.995947
NPR 175.906038
NZD 1.958244
OMR 0.443092
PAB 1.152009
PEN 3.897661
PGK 5.08669
PHP 70.223124
PKR 319.880686
PLN 4.29845
PYG 6868.662669
QAR 4.199439
RON 5.250929
RSD 117.349118
RUB 93.202285
RWF 1696.260361
SAR 4.316732
SBD 9.301035
SCR 15.435614
SDG 691.427427
SEK 10.990623
SGD 1.477345
SLE 28.175676
SOS 658.348203
SRD 43.664799
STD 23851.92898
STN 24.512539
SVC 10.080332
SZL 18.987878
THB 38.329259
TJS 10.632785
TMT 4.033328
TND 3.38419
TRY 54.792766
TTD 7.821137
TWD 37.331683
TZS 3059.565236
UAH 51.511545
UGX 4314.206929
USD 1.152379
UYU 46.41475
UZS 13755.275228
VES 861.80862
VND 30265.518966
VUV 137.298882
WST 3.148549
XAF 656.304122
XAG 0.019369
XAU 0.000282
XCD 3.114363
XCG 2.076198
XDR 0.817161
XOF 656.304122
XPF 119.331742
YER 274.730931
ZAR 18.890208
ZMK 10372.806336
ZMW 21.798124
ZWL 371.065728
  • CMSD

    0.0800

    22.1

    +0.36%

  • BP

    -1.8890

    42.371

    -4.46%

  • RIO

    3.0450

    98.945

    +3.08%

  • BTI

    -0.4000

    59.16

    -0.68%

  • AZN

    -0.3450

    157.625

    -0.22%

  • GSK

    0.1400

    51.65

    +0.27%

  • NGG

    0.3800

    80.24

    +0.47%

  • BCC

    4.4100

    87.44

    +5.04%

  • BCE

    -0.1600

    21.63

    -0.74%

  • JRI

    0.0200

    12.84

    +0.16%

  • RYCEF

    0.0500

    20.25

    +0.25%

  • VOD

    0.0550

    15.665

    +0.35%

  • RBGPF

    3.9500

    69.95

    +5.65%

  • CMSC

    0.0200

    21.78

    +0.09%

  • RELX

    0.3650

    36.525

    +1%

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)