Current:Home > MarketsActivists at COP28 summit ramp up pressure on cutting fossil fuels as talks turn to clean energy -WealthRise Academy
Activists at COP28 summit ramp up pressure on cutting fossil fuels as talks turn to clean energy
View
Date:2025-04-18 20:17:29
DUBAI, United Arab Emirates (AP) — Activists had a series of events and actions lined up Tuesday at the United Nations climate summit seeking to amp up pressure on conference participants to agree to phase out coal, oil and gas, responsible for most of the world’s emissions, and move to clean energy in a fair way.
The question of how to handle fossil fuels is central to the talks, which come after a year of record heat and devastating weather extremes around the world. And even as the use of clean energy is growing, most energy companies have plans to continue aggressive pursuit of fossil fuel production well into the future.
A team of scientists reported Tuesday that the world pumped 1.1% more heat-trapping carbon dioxide into the air than last year, largely due to increased pollution from China and India.
Protests — which are limited to “action zones” around the U.N. site — centered on phasing out fossil fuels and calling for finance to ramp up the move to clean energy.
Meanwhile, negotiations are well underway on the so-called global stocktake — a framework for new national plans so countries can adhere to capping warming to levels set in the Paris Agreement in 2015. A draft released Tuesday will be pored over by negotiators looking at how to stick to the goal.
Over 100 countries have pledged to triple their renewable capacity and double energy efficiency by the end of the decade.
COP28 President Sultan al-Jaber, who also leads the host United Arab Emirates’ national oil company, was on the defensive on Monday over contradictory remarks about phasing out fossil fuels. Al-Jaber said his remarks had been mischaracterized and told journalists he is “laser-focused” on helping limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times.
Much of Monday’s meetings at the conference focused on climate finance.
Barbados Prime Minister Mia Mottley, who has drawn attention as an advocate for changing the way global finance treats developing nations, said global taxes on the financial services, oil and gas, and shipping industries could drum up hundreds of billions of dollars for poorer countries to adapt and cope with global warming.
“This has probably been the most progress we’ve seen in the last 12 months on finance,” Mottley told reporters about pledges to fund the transition to clean energy, adapt to climate change and respond to extreme weather events.
“But we’re not where we need to be yet,” she said.
World Bank President Ajay Banga laid out five target areas in climate finance. His bank wants to lower methane emissions from waste management and farming; help Africa with greener energies; support “voluntary” carbon markets such as for forest projects; and allow developing countries hit by natural disasters to pause debt repayments.
The multilateral development bank, above all, wants to boost its role in climate finance in short order.
“Forty-five percent of our financing will go to climate by 2025,” Banga said, with half going to adapting to the warming climate and the other half on slashing emissions.
“We cannot make climate only be about emissions. It has to be about the downstream impact that the Global South is facing from the emission-heavy growth that we have enjoyed in other parts of the world.”
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
veryGood! (45572)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- U.N. approves sending international force to Haiti to help quell gang violence
- Day care operator heads to prison after misusing child care subsidy and concealing millions from IRS
- From cradle to casket, life for Italians changes as Catholic faith loses relevance
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- University of Maryland bus hits light pole, sending 27 to hospitals
- Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil prices
- Columbus statue, removed from a square in Providence, Rhode Island, re-emerges in nearby town
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Nonreligious struggle to find their voice and place in Indian society and politics
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Merrily We Roll Along and its long road back to Broadway
- Simone Biles leads U.S. women to record 7th straight team title at gymnastics world championships
- 'Why they brought me here': Twins' Carlos Correa ready for his Astros homecoming in ALDS
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- 'The Exorcist: Believer' review: Sequel is plenty demonic but lacks horror classic's soul
- Millions of people are watching dolls play online. What is going on?
- Slain Texas prisoner who was accused of killing 22 older women was stabbed by cellmate, report says
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Seahawks' Jamal Adams apologizes for outburst at doctor following concussion check
A Texas neighborhood became a target of the right over immigration. Locals are pushing back
In the pope’s homeland, more Argentines are seeking spiritual answers beyond the church
Could your smelly farts help science?
A Texas official faces criminal charge after accidentally shooting his grandson at Nebraska wedding
12-year-old boy dies after bicycle crash at skate park in North Dakota, police say
Correction: Oilfield Stock Scheme story