-
Cuban tourism in crisis; visitors repelled by fuel, power shortages
-
Liverpool set for Jacquet deal, Palace sign Strand Larsen on deadline day
-
FIFA president Infantino defends giving peace prize to Trump
-
Trump cuts India tariffs, says Modi will stop buying Russian oil
-
Borthwick backs Itoje to get 'big roar' off the bench against Wales
-
Twenty-one friends from Belgian village win €123mn jackpot
-
Mateta move to Milan scuppered by medical concerns: source
-
Late-January US snowstorm wasn't historically exceptional: NOAA
-
Punctuality at Germany's crisis-hit railway slumps
-
Gazans begin crossing to Egypt for treatment after partial Rafah reopening
-
Halt to MSF work will be 'catastrophic' for people of Gaza: MSF chief
-
Italian biathlete Passler suspended after pre-Olympics doping test
-
Europe observatory hails plan to abandon light-polluting Chile project
-
Iran president orders talks with US as Trump hopeful of deal
-
Uncertainty grows over when US budget showdown will end
-
Oil slides, gold loses lustre as Iran threat recedes
-
Russian captain found guilty in fatal North Sea crash
-
Disney earnings boosted by theme parks, as CEO handover nears
-
Sri Lanka drop Test captain De Silva from T20 World Cup squad
-
France demands 1.7 bn euros in payroll taxes from Uber: media report
-
EU will struggle to secure key raw materials supply, warns report
-
France poised to adopt 2026 budget after months of tense talks
-
Latest Epstein file dump rocks UK royals, politics
-
Arteta seeks Arsenal reinforcement for injured Merino
-
Russia uses sport to 'whitewash' its aggression, says Ukraine minister
-
Chile officially backs Bachelet candidacy for UN top job
-
European stocks rise as oil tumbles, while tech worries weigh on New York
-
England captain Itoje on bench for Six Nations opener against Wales
-
Rahm says golfers should be 'free' to play where they want after LIV defections
-
More baby milk recalls in France after new toxin rules
-
Rosenior will not rush Estevao return from Brazil
-
Mercedes ready to win F1 world title, says Russell
-
Germany hit by nationwide public transport strike
-
Barca coach Flick 'not happy' with Raphinha thigh strain
-
WHO chief says turmoil creates chance for reset
-
European stocks rise as gold, oil prices tumble
-
Rink issues resolved, NHL stars chase Olympic gold at Milan
-
S. Korea celebrates breakthrough K-pop Grammy win for 'Golden'
-
Rodri rages that officials 'don't want' Man City to win
-
Gaza's Rafah crossing makes limited reopening after two-year war
-
African players in Europe: Ouattara dents Villa title hopes
-
Liverpool beat Chelsea to Rennes defender Jacquet - reports
-
S. Korea celebrates breakthrough Grammy win for K-pop's 'Golden'
-
Trump says US talking deal with 'highest people' in Cuba
-
Trump threatens legal action against Grammy host over Epstein comment
-
Olympic Games in northern Italy have German twist
-
Bad Bunny: the Puerto Rican phenom on top of the music world
-
Snapchat blocks 415,000 underage accounts in Australia
-
At Grammys, 'ICE out' message loud and clear
-
Dalai Lama's 'gratitude' at first Grammy win
| SCS | 0.12% | 16.14 | $ | |
| CMSC | -0.04% | 23.75 | $ | |
| RIO | 1.4% | 92.325 | $ | |
| CMSD | 0.15% | 24.085 | $ | |
| AZN | -1.86% | 186.965 | $ | |
| RBGPF | 0.12% | 82.5 | $ | |
| BTI | 0.57% | 61.025 | $ | |
| NGG | -1.03% | 84.4 | $ | |
| GSK | 1.42% | 52.345 | $ | |
| BCC | 1.28% | 81.86 | $ | |
| RYCEF | 4.19% | 16.7 | $ | |
| BCE | -0.3% | 25.783 | $ | |
| JRI | 0.53% | 13.15 | $ | |
| RELX | -0.75% | 35.535 | $ | |
| BP | -0.37% | 37.74 | $ | |
| VOD | 1.88% | 14.93 | $ |
Lula to return to COP30 as nations under pressure to land deal
COP30 host Brazil pushed Tuesday for an early breakthrough at UN climate talks, with nations weighing a proposed deal that seeks to bridge major differences on fossil fuels, finance and trade barriers.
Brazil wants an agreement reached by midweek, with President Luiz Inacio Lula da Silva to make an unexpected return to Belem on Wednesday in a high-level bid to seal a deal.
After announcing its fast-tracked timeline, negotiators spent a sleepless night producing a first draft on trade measures, demands for greater finance for poorer nations, and the inadequacy of national carbon-cutting pledges.
"As always in this phase of the negotiations, this is a mixed bag," EU climate chief Wopke Hoekstra told AFP in the corridors of the cavernous COP30 venue.
UK climate envoy Rachel Kyte said the draft "feels a little out of balance" but hoped discussions with Brazil could yield a "stronger text".
"The Brazilians have a very aggressive timeline. I think it's putting delegates under a lot of pressure, but there's a chemistry to COPs," Kyte told reporters.
No rest was expected in Belem on Wednesday, with diplomats asked to burn the midnight oil for yet another evening.
The quick turnaround of a clear first draft so early in the climate talks sent a signal that Brazil was confident of landing an agreement soon, veteran COP observers told AFP.
- Tough compromise -
Among other things, the draft underscores the gulf between a broad coalition pushing for a "roadmap" on phasing out fossil fuels and an opposing bloc led by oil-producing countries.
On Tuesday, more than a dozen climate ministers and ambassadors united on stage in a call for stronger language in the final agreement on exiting coal, oil and gas.
"The current reference in the text is weak, and it is presented as an option. It must be strengthened and adopted," said Tina Stege, climate envoy from the low-lying Marshall Islands, flanked by counterparts from Sierra Leone, the UK and Colombia.
The draft also suggested tripling financial assistance from wealthy countries to developing ones for adaptation to climate change by 2030 or 2035 -- a key demand from poorer nations.
"Climate finance is not charity. It is a legal and moral obligation," Vanuatu's climate change minister, Ralph Regenvanu, told the summit.
Brazil is eager to show that the world is still united in the fight against climate change, despite the United States skipping the summit and many other nations juggling competing priorities.
"We must show the world that multilateralism is alive," Josephine Moote, permanent representative of the small-island state of Kiribati, told COP30.
But Kenya's climate secretary Deborah Mlongo Barasa said the obligation of rich countries to deliver promised financial assistance "remains the defining test of global solidarity".
Hoekstra said there was "zero appetite" for reopening a debate over climate finance -- a difficult subject that turned acrimonious at last year's COP29 in Azerbaijan.
He also rejected some of the draft proposals on trade concerns as China leads a push against "unilateral" measures and, in particular, the EU's carbon price on imports.
"We're not going to be lured into a phoney conversation about trade measures. Let's call this what it is," he said.
- Presidential push -
In a surprise move, a Brazilian presidential source told AFP that Lula would return to Belem on Wednesday in what many interpreted as a tactic to push through a deal.
"It would be a way of putting pressure on delegates to move quickly to resolve issues," David Waskow, international climate director at the World Resources Institute think tank, told AFP.
The marathon climate talks are supposed to end Friday after close to two weeks of negotiation, but previous summits have frequently run into overtime.
B.Shevchenko--BTB