Tuesday, 02 January 2024 12:17 GMT

Final text of Paris climate deal expected within hours


Date:

(MENAFN- Asia Times) (From Reuters)

At the tail end of the hottest year on record climate negotiators in Paris will aim on Saturday to seal a landmark accord that will transform the world’s fossil fuel-driven economy within decades and turn the tide on global warming.

After four years of fraught UN talks often pitting the interests of rich nations against poor imperiled island states against rising economic powerhouses French Foreign Minister Laurent Fabius will present the latest text of a climate deal on Saturday at 11:30 am (10.30 GMT).

A source in the French government confirmed that negotiators came up with a new draft of the agreement and that it was being translated into the United Nations’ six official languages before being presented to ministers for possible adoption.

Fabius hopes to secure a sweeping agreement to curb rising greenhouse gas emissions within hours. If that fails the talks could run into Sunday.

“All the conditions are in place to have a universal ambitious final deal” Fabius told reporters late Friday urging a drive to resolve what are still deep disagreements on issues such as finance for developing nations.“There has never been such a strong momentum.” Read More


Asia Times

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