Cop30 live: standoff over inclusion of fossil fuel phaseout in final text escalates

Following a dramatic fire yesterday, the climate summit is due to finish this evening, but disagreements over the final text look difficult to resolveReaction to the draft text issued overnight is starting to come in as Belem wakes up - and it is far from positive.Bronwen Tucker, public finance lead at Oil Change International, is not holding back:This is outrageous. We came here to secure a COP 30 package for justice and equity. The Presidency has presented a shamefully weak text that fails to mention fossil fuels, fails to deliver accountability towards rich countries' finance obligations, and only makes vague promises on adaptation. The Belém Action Mechanism for a just transition needs to be protected at all costs in the final hours. But let's be clear, we need all of these pillars to work together in one package: the just transition, public finance, and planning for a fair fossil fuel phaseout.A large group of countries have been vocal in their support for a roadmap to transition away from fossil fuels, but rich parties are still refusing to deliver the debt-free public finance on fair terms that is key to make it happen. Until they stop blocking efforts to address the systemic barriers developing countries face to phasing out fossil fuels, any roadmap will be a dead-end.The latest draft text from COP30 is extremely disappointing. Vested fossil fuel interests and big agriculture must be celebrating the lack of any roadmaps to transition away from fossil fuels and to stop deforestation. We call for substantial improvements to stay on a pathway to a 1.5C world.2035 emission targets are wildly off track and this Mutir?o text might as well be blank as it does so little to bridge the 1.5°C ambition gap or push countries to accelerate action. There is no option here but for countries to reject it and send it back to the presidency for revision.COP30 has shown rising support for a roadmap away from fossil fuels, so the Belem outcome must include it to ensure we end the burning of oil, gas and coal as quickly as possible. Reports and more talks are not enough. We need a global response plan. Continue reading...