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COP30 Talks Extend: Nations Push for Stronger Climate Action
23 Nov
Summary
- Climate negotiations are in overtime due to disagreements on draft agreement.
- Overnight talks aim to strengthen emission reductions and support developing nations.
- A Global Implementation Accelerator is proposed to speed up climate action.
The COP30 climate summit has entered overtime, with negotiations continuing beyond the scheduled Friday deadline. Delegates and ministers are engaged in intensive overnight discussions with the Brazilian presidency to salvage a deal following dissatisfaction with the initial draft agreement. The core issues revolve around strengthening emission-reduction commitments and bolstering support for developing countries to adapt to climate change impacts.
A key development emerging from the extended talks is the proposed Global Implementation Accelerator, envisioned as a voluntary initiative to expedite the implementation of national determined contributions and adaptation plans. This initiative seeks to build upon the UAE Consensus, which previously aimed to triple renewable energy capacity and double energy efficiency.
The negotiations faced significant challenges, with the EU and UK reportedly threatening to withdraw at one point. Disagreements persisted between developed nations seeking clearer emission reduction targets and developing nations, including the Least Developed Countries and Africa Group, emphasizing the need for adaptation finance. Oil-producing nations also voiced concerns regarding fossil fuel phase-outs, while developing countries like India and China pressed for financial commitments from developed nations.
