-
Kenya's economy faces climate change risks: World Bank
-
Bank of Japan hikes rate to 31-year high
-
Scientist confronting the rising global threat of mosquitoes
-
India eyes biofertilisers after Mideast war stoked supply fears
-
Most stocks rise, oil flat following peace deal-fuelled rally
-
Toxic 'time bomb' threatens Mekong river basin
-
EU nears finish line on US tariff deal
-
Social networks, online video outweigh traditional media in 2026
-
Trump says Hormuz to 'completely open' after US-Iran peace deal
-
Timeline of Trump-linked resort project in Albania
-
IMF chief warns energy recovery to take time after US-Iran ceasefire
-
Launch 3 Telecom Secures New Lakeland Facility
-
'Start your engines'? Shipping groups wary on Hormuz reopening
-
US-Iran deal met with hope, scepticism in Mideast
-
German working-age population to shrink dramatically: study
-
'For sure': Macron to preach stronger Europe vision at G7 swansong
-
Crude prices plunge, stocks surge on US-Iran peace deal
-
Starbucks Korea to shutter outlets for history lessons after 'Tank Day' fiasco
-
Courts cracking down on error-strewn AI-assisted legal briefs
-
Bitter communion: Cuban priests ordered to ration mass wafers
-
In crisis-hit Cuba, World Cup offers brief respite
-
UK intercepts Russian shadow fleet vessel in Channel
-
London, Tokyo agree $24-bn investment deal
-
Indonesian economy comes up for air but struggles to win back investors
-
Trump says US-Iran deal to be signed Sunday, Hormuz to open after
-
Between Trump and a hard place: Fed chair Warsh to lead first rate meeting
-
High-school drop out to big time crime boss, Venezuela's 'Nino Guerrero'
-
US-Iran deal could be finalised soon, mediator Pakistan says
-
Thousands gather in Thai capital to mourn late princess
-
US says downed multiple Iran drones as both insist deal closer
-
SpaceX: Five key moments, from first launch to Starship megarocket
-
US clears Paramount's $111 bn Warner Bros. takeover
-
Iran and US say deal closer than ever
-
Cuba opens more sectors to private business
-
World Cup struggles to ignite US excitement
-
US appellate court upholds Sam Bankman-Fried criminal sentence
-
France bids farewell to girl, 11, whose killing sparked outrage
-
Wall Street wobbles as SpaceX shares launch, oil slides on Mideast deal hopes
-
SpaceX lifts off in record Wall Street debut
-
US deportation flight carrying Iranians en route to C.African Republic
-
At a Libyan university once ravaged by war, students dream again
-
Kenya mourns schoolgirls killed in suspected dorm arson attack
-
Stocks rally, oil slides on Mideast deal hopes
-
'All of us of are migrants,' pope says in Canary Islands
-
Switzerland split on immigration vote: four perspectives
-
Thai princess dies aged 47 after three years in hospital
-
Science fiction? Musk's lofty SpaceX goals unrealistic, skeptics say
-
Asia stocks up, oil down on Mideast deal hopes
-
From cage fights to the White House, UFC marches into mainstream
-
Pope ends Spain visit with migrant meetings
Saudis, Iraq stand firm as COP28 targets fossil fuels
Saudi Arabia and Iraq stood their ground at UN climate talks on Sunday as pressure mounted for nations to agree on a phase-out of fossil fuels at COP28 in Dubai.
With less than 48 hours left before the conference's official end, COP28 president Sultan Al Jaber invited ministers to give their views in a "majlis" -- a traditional Gulf Arab meeting held in a circle.
While Jaber called the meeting in an effort to produce a compromise, warning that "failure is not an option", countries held firm in their positions.
The European Union and members of Pacific islands states threatened by rising seas reiterated their calls for a phase-out of fossil fuels.
Saudi Arabia, the world's top oil exporter, has voiced its opposition to any phase-out or phase-down of fossil fuels and OPEC has urged its members to block any such language at COP28.
A Saudi official told the COP28 majlis that Riyadh's "perspectives and concerns" must be taken into account.
"The politically backed points about targeting specific energy sectors, it's something that we have heard at many different discussions and many different settings, but in each and every time, science, common sense, principles prevailed," he added.
An Iraqi representative was more direct, saying his country was against any "mention (of) global sectorial targets" including a phase-out or phase-down of fossil fuels.
Scientists say the world must end its use of fossil fuels, which are responsible for the bulk of greenhouse gas emissions, if it is to limit warming to 1.5 degrees Celsius and avoid the most catastrophic climate scenarios.
A third draft of a deal, released on Friday, offers various ways to phase out fossil fuels but also includes the option to avoid the issue entirely.
- 'A marathon' -
Developing countries say they cannot be expected to move at the same pace as developed nations who owe their wealth to the burning of oil, gas and coal.
At the majlis, China's representative said climate action was a "marathon, not a sprint".
He said developed nations are ahead of the pack and should help developing countries by providing the funds needed for their energy transitions.
Bolivia denounced the "hypocrisy" of countries that press the developing world on climate change while expanding their own production of fossil fuels. He named the United States, Canada, Norway and Australia.
Standing in the middle of the circle, Jaber closed the meeting by urging countries to make the event be known as a "change-makers majlis".
"We are now in the endgame," he said. "To deliver the very balanced, ambitious outcome we need, we need you to act as the change-makers.
He added: "I hope that you won't let me down."
- 'Blockers at every stage' -
Alden Meyer, senior associate at E3G climate think-tank, said Saudi Arabia has been "blockers" at every COP for over 30 years.
Meyer said it is not "compromise language" in a deal that will sway the Saudis.
"It's going to be immense geopolitical pressure from the US, China, Europe and others saying, 'Don't be the last ones that blow up the success of this Conference of the Parties meeting,'" he said.
A strong final agreement also depends on wealthier nations pledging to provide financial help so that emerging nations can install more solar and wind technology and adapt to the impacts of climate change.
"This is why we need a package that combines energy transition and energy access," said Germany's climate envoy Jennifer Morgan.
- Pope prayers -
United Nations Secretary-General Antonio Guterres kept up the pressure, urging delegates to agree big cuts to emissions and calling on oil and gas companies to lead the energy transition.
"I urge fossil fuel companies to use their enormous resources to lead the renewables revolution," he told the Doha Forum in Qatar.
"And I urge global leaders at COP28 in Dubai to agree on deep cuts to emissions in line with 1.5 degrees."
At St. Peter's Square in the Vatican, Pope Francis, who missed COP28 following a bout of bronchitis, instructed his followers to pray for a good outcome in Dubai.
"I ask you to pray for us to have good results to safeguard our common home and protect populations," he said during his weekly public prayers.
P.Kolisnyk--CPN