EconomyLens.com
No Result
View All Result
Thursday, November 13, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Fight over fossil fuels drawdown looms at UN climate summit

David Peterson by David Peterson
November 13, 2025
in Other
Reading Time: 8 mins read
A A
0
25
SHARES
312
VIEWS
Share on FacebookShare on Twitter

Brazil is hosting the COP30 climate summit in Belem, a city in the country's north best known as a gateway to the Amazon.. ©AFP

Belém (Brazil) (AFP) – Two years after nations agreed to transition away from fossil fuels, dozens are pushing to go even further at the COP30 climate summit, setting up a showdown with oil powers. The fires were lit when Brazilian President Luiz Inacio Lula da Silva, addressing world leaders ahead of the UN climate talks, called for a more concrete plan to “overcome dependence on fossil fuels.” This strong and unexpected political support has motivated a coalition of nations at COP30 hoping to advance the fossil fuel phase out, despite stiff opposition.

Related

Asian markets sink on concerns over tech rally, Fed rates

Rise of the robots: the promise of physical AI

Trump eyes $2,000 checks, 50-year mortgages as economic fears loom

Fight over fossil fuels drawdown looms at UN climate summit

US says trade talks with Swiss ‘very positive’

The so-called “roadmap” is not officially on the COP30 agenda — but a concerted diplomatic push is underway to change that. Countries including France, Colombia, Germany, and Kenya are working with others to get fossil fuels “in the overall negotiated package,” said a source from the French delegation at COP30. These countries want a consensus decision by the nearly 200 nations in Belem, a signal that would carry far greater global heft than a declaration signed only by the nations on board with the roadmap goal. “Our priority for the coming days is to broaden this coalition, to speak to all the countries that believe we need to move forward and accelerate on this issue,” the French source added. They believe 50 to 60 countries — a broad sweep from Europe, Africa, Latin America, and small island states — support the effort already, but are pushing for 100.

The idea is to build on a historic pledge in Dubai in 2023 to “transition away from fossil fuels in energy systems, in a just, orderly, and equitable manner.” It was the first time a decision by all nations at a climate summit had explicitly mentioned a global move away from fossil fuels, the main driver of climate change. It is not expected every country would support, for example, demands to specify dates or targets for phasing out coal, oil, and gas. But there is a call for countries to submit more specific details about progress toward that goal, something that could be reviewed possibly in a year’s time at the next COP. “I really like the roadmap idea because it lays the foundation for a fair and planned transition,” Brazil’s Environment Minister Marina Silva said this week. Colombia is also circulating a document seen by AFP — the “Belem Declaration” — that supports “the call to advance a roadmap for the transition away from fossil fuels.” The South American country has announced it will host a conference in April 2026 specifically on accelerating this phase out.

“It’s a diplomatic puzzle that’s taking shape,” said Romain Ioualalen from Oil Change International, an activist group. The challenge is to present COP30 hosts Brazil, who are bound by a principle of neutrality, with a sufficiently large enough bloc of countries to force the issue, he added. But there are still many long days of negotiation before COP30 wraps on November 21 — plenty of time for spoilers to thwart the plan. Most oil-producing states, particularly Saudi Arabia, flatly oppose the idea taking root and have pushed back in various negotiation rooms in Belem, several sources said. Around 70 countries are estimated to be opposed to any new decision out of COP30 that addresses fossil fuels, said one negotiator.

“It’s good to talk about phasing down, or even phasing out fossil fuels while you are living in such developed nations as France,” quipped Russia’s chief negotiator, Vladimir Uskov, to AFP. “While people in cities like Belem do not even have access to food and to electricity, we cannot say that we need to develop solar or wind but we don’t have the basics. So, these people need energy and these people sometimes and often need fuels as well.” The Organization of the Petroleum Exporting Countries (OPEC), which includes countries like Algeria, Saudi Arabia, Gabon, and Venezuela, has just confirmed its forecasts for increased global oil demand in 2025 and 2026. Brazil, itself, is not without its contradictions, approving an oil exploration project at the mouth of the Amazon River just days before COP30 began.

© 2024 AFP

Tags: climate changeenergy transitionfossil fuels
Share10Tweet6Share2Pin2Send
Previous Post

Fight over fossil fuels drawdown looms at UN climate summit

Next Post

Trump eyes $2,000 checks, 50-year mortgages as economic fears loom

David Peterson

David Peterson

Related Posts

Other

Stocks slide despite end of US government shutdown

November 13, 2025
Other

Stocks on the slide despite end of US shutdown

November 13, 2025
Other

Mexican car industry fears higher tariffs on China will drive its demise

November 13, 2025
Other

Amazon robotics lead casts doubt on eye-catching humanoids

November 13, 2025
Other

Amazon robotics lead casts doubt on eye-catching humanoids

November 13, 2025
Other

Race for first private space station heats up as NASA set to retire ISS

November 13, 2025
Next Post

Trump eyes $2,000 checks, 50-year mortgages as economic fears loom

Rise of the robots: the promise of physical AI

Asian markets sink on concerns over tech rally, Fed rates

Rise of the robots: the promise of physical AI

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Asian markets sink on concerns over tech rally, Fed rates

November 13, 2025

Rise of the robots: the promise of physical AI

November 13, 2025

Trump eyes $2,000 checks, 50-year mortgages as economic fears loom

November 13, 2025

Fight over fossil fuels drawdown looms at UN climate summit

November 13, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.