No Agreement on Fossil Fuel Phase-Out in Draft COP28 Deal, But Spotlight on Unabated Coal19Photo© hindustantimes.com

No Agreement on Fossil Fuel Phase-Out in Draft COP28 Deal, But Spotlight on Unabated Coal

, 26 news, 3 views

After bringing fossil fuels under the global spotlight for the first time, COP28 has fallen short of delivering an urgent call for its phase-out or phase-down in the penultimate draft text of the first-ever Global Stocktake released late on Monday. The issue has rocked the climate talks at the UN climate summit with nearly half of the countries demanding a strong language on fossil fuels.

The Small Island Nations and Least Developed Countries (LDCs) expressed their concerns over the new draft, terming it as a ‘watered-down’ version of the previous one released on Friday. This is the fourth time the draft has been revised. A deal on the phase-out of all fossil fuels (abated/unabated) was expected to be a key outcome of the summit, which comes at a crucial time when the world has already warmed by over 1.1℃.

“The language on fossil fuels is weak and completely insufficient. It does not refer to a phase-out at all. Any text that compromises 1.5℃ will be rejected,” said Cedric Schuster, Environment Minister of Samoa, Chair of the Alliance of Small Island States.