Fossil Fuel Era Looms Closer to Closure as Climate Talks End in Brazil Without Binding Deal
The 2023 United Nations Climate Change Conference (Cop30) has concluded without a binding agreement on phasing out fossil fuels, marking a slight improvement but ultimately disappointing activists and campaigners. The meeting of over 194 countries that excludes the US was marked by intense negotiations, which ended with a voluntary agreement to discuss a roadmap for eventual fossil fuel phase-out.
Despite the progress, many felt it fell short of expectations, particularly when compared to last year's Cop28 in Dubai. The Paris Agreement aims to limit global warming to 1.5 degrees Celsius above pre-industrial levels and scientists say that phasing out fossil fuels is crucial to mitigating climate change. However, countries did manage to agree on a significant increase in financial support for developing nations to adapt to the impacts of climate change, tripling the amount from $300 billion last year.
Developed countries pledged an additional $120 billion per year by 2035, although campaigners argued that this should be increased further to reflect the scale of the crisis. Notably, developing countries had initially demanded a much faster timeline for achieving this increase and many were disappointed with the outcome.
On another pressing issue โ deforestation, which has been highlighted as critical in tackling climate change โ the final deal dropped plans to include a commitment to halting it. This decision was met with disappointment from nature advocates who felt that such an agreement could have made a meaningful difference.
Experts agree that while Cop30 took steps in the right direction by accelerating efforts away from fossil fuels, more needs to be done to address the climate crisis. Mohamed Adow of Power Shift Africa pointed out that developed countries are failing to live up to their commitments on emission reduction plans and that progress remains slow considering the urgency of the issue.
The lack of clarity around emissions targets was attributed to a failure of member states to submit new national plans as stipulated in previous years' agreements. Instead, an 'accelerator program' will be set up to address this shortfall with countries expected to report back at next year's Cop.
Moreover, critics pointed out that the agreement failed to deliver on key issues like critical minerals exploitation, which has been plagued by human rights abuses in some countries. China and Russia were among those to block these provisions.
Overall, while progress was made, experts remain skeptical of the impact of this Cop, warning it falls short of what is required to tackle climate change effectively and equitably.
The 2023 United Nations Climate Change Conference (Cop30) has concluded without a binding agreement on phasing out fossil fuels, marking a slight improvement but ultimately disappointing activists and campaigners. The meeting of over 194 countries that excludes the US was marked by intense negotiations, which ended with a voluntary agreement to discuss a roadmap for eventual fossil fuel phase-out.
Despite the progress, many felt it fell short of expectations, particularly when compared to last year's Cop28 in Dubai. The Paris Agreement aims to limit global warming to 1.5 degrees Celsius above pre-industrial levels and scientists say that phasing out fossil fuels is crucial to mitigating climate change. However, countries did manage to agree on a significant increase in financial support for developing nations to adapt to the impacts of climate change, tripling the amount from $300 billion last year.
Developed countries pledged an additional $120 billion per year by 2035, although campaigners argued that this should be increased further to reflect the scale of the crisis. Notably, developing countries had initially demanded a much faster timeline for achieving this increase and many were disappointed with the outcome.
On another pressing issue โ deforestation, which has been highlighted as critical in tackling climate change โ the final deal dropped plans to include a commitment to halting it. This decision was met with disappointment from nature advocates who felt that such an agreement could have made a meaningful difference.
Experts agree that while Cop30 took steps in the right direction by accelerating efforts away from fossil fuels, more needs to be done to address the climate crisis. Mohamed Adow of Power Shift Africa pointed out that developed countries are failing to live up to their commitments on emission reduction plans and that progress remains slow considering the urgency of the issue.
The lack of clarity around emissions targets was attributed to a failure of member states to submit new national plans as stipulated in previous years' agreements. Instead, an 'accelerator program' will be set up to address this shortfall with countries expected to report back at next year's Cop.
Moreover, critics pointed out that the agreement failed to deliver on key issues like critical minerals exploitation, which has been plagued by human rights abuses in some countries. China and Russia were among those to block these provisions.
Overall, while progress was made, experts remain skeptical of the impact of this Cop, warning it falls short of what is required to tackle climate change effectively and equitably.