Australia’s environment minister, Leonere Gewessler, said a bit earlier: “We will fight hard for a good and ambitious result. We still have intense hours ahead of us.”
Divisions remained on the issue of financial support sought by poor countries for the disastrous impacts of climate change they will increasingly suffer in the future. The United States and the European Union, two of the world’s biggest historic emitters of greenhouse gases, continued to have deep reservations about the so-called “loss and damage” provisions.
Mohammed Quamrul Chowdhury of Bangladesh, a lead negotiator for less-developed countries, ticked off the ways that vague wording in the latest draft fell short of committing wealthier countries to putting new money on the table for countries struggling with climate damage.
“There is a lot of frustration,” he told AP.
“This package is very hard to explain for those already suffering the consequences at the front lines of the rising risks, or to anyone aware of the scientific evidence of what is coming our way unless we act faster,” said University of Twente climate scientist Maarten van Aalst, who is also director of the Climate Centre of the International Red Cross and Red Crescent Societies.
Another issue causing problems Saturday has confounded negotiators for six years: setting up carbon-trading markets. The idea is to trade credits for reducing carbon like other commodities, unleashing the power of markets, with poorer nations getting money, often from private companies, for measures that reduce carbon in the air.