Close Menu
    What's Hot

    LG CNS, Palantir forge strategic partnership to speed AI transformation

    March 12, 2026

    Airports Asking for Gift Cards and Essential Donations to TSA Workers

    March 12, 2026

    Video Shows US Forces Destroying Old American Warplanes Used by Iran

    March 12, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Futures & Commodities»Reaction to the final COP28 climate deal By Reuters
    Futures & Commodities

    Reaction to the final COP28 climate deal By Reuters

    Press RoomBy Press RoomDecember 13, 2023No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    4/4

    © Reuters. Norway’s Minister of Foreign Affairs Espen Barth Eide speaks during an interview with Reuters, in Abu Dhabi, United Arab Emirates October 31, 2023. REUTERS/Abdel Hadi Ramahi/ File photo

    2/4

    DUBAI (Reuters) – The COP28 climate summit adopted a final deal on Wednesday that for the first time calls on nations to transition away from fossil fuels to avert the worst impacts of climate change.

    Here are some reactions to the deal:

    U.S. special climate envoy John Kerry:

    “I am in awe of the spirit of cooperation that has brought everybody together.”

    Denmark’s Minister for Climate and Energy Dan Jorgensen:

    “We’re standing here in an oil country, surrounded by oil countries, and we made the decision saying let’s move away from oil and gas.”

    Samoa representative Anne Rasmussen on behalf of the Alliance of Small Island States:

    “We didn’t want to interrupt the standing ovation when we came into the room, but we are a little confused about what happened. It seems that you just get on with the decisions and the small island developing states were not in the room.”

    “We have come to the conclusion that the course correction that is needed has not been secured. We have made an incremental advancement over business as usual, when what we really need is an exponential step change in our actions.”

    Bangladesh climate envoy Saber Hossain Chowdhury:

    “Adaptation is really a life and death issue … We cannot compromise on adaptation; we cannot compromise on lives and livelihoods.”

    Canadian Environment Minister Steven Guilbeault:

    “COP28 reached a historic agreement … It provides opportunities for near term action and pushes for a secure, affordable, 1.5C compatible and clean transition. The text has breakthrough commitments on renewable energy, energy efficiency, and the transition away from fossil fuels.”

    China’s vice environment minister, Zhao Yingmin:

    “Developed countries have unshirkable historical responsibilities for climate change.”

    Marshall Islands’ head of delegation, John Silk:

    “I came here from my home in the islands to work with you all to solve the greatest challenge of our generation. I came here to build a canoe together for my country. Instead we have built a canoe with a weak and leaky hull, full of holes. Instead we have put it in the water.”

    Singapore’s environment minister, Grace Fu

    “I think we have to take the outcome as part of a deal that has been negotiated all round.”

    “Very often in a negotiation, parties are too hunkered down in their respective positions. And words like ‘phase out’ became a problem. … The important part is to look at the content and the intentions.”

    Former U.S. Vice President Al Gore:

    “The decision at COP28 to finally recognize that the climate crisis is, at its heart, a fossil fuel crisis is an important milestone. But it is also the bare minimum we need and is long overdue. The influence of petrostates is still evident in the half measures and loopholes included in the final agreement.”

    “Whether this is a turning point that truly marks the beginning of the end of the fossil fuel era depends on the actions that come next and the mobilization of finance required to achieve them.”

    A source familiar with Saudi Arabia’s position:

    The deal is “a menu where every country can follow its own pathway” and “shows the various tracks that will allow us to maintain the objective of 1.5 (degrees) in accordance with the characteristics of every nation and in the context of sustainable development.”

    “We must use every opportunity to reduce emissions regardless of the source. We must use all technologies to this effect.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Oil steadies as markets weigh Russia sanctions and glut forecasts

    November 18, 2025

    Japan warns citizens in China about safety as diplomatic crisis deepens

    November 18, 2025

    Gold prices retreat on strong dollar amid Trump tariff uncertainty By Investing.com

    January 27, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    LG CNS, Palantir forge strategic partnership to speed AI transformation

    March 12, 2026

    Airports Asking for Gift Cards and Essential Donations to TSA Workers

    March 12, 2026

    Video Shows US Forces Destroying Old American Warplanes Used by Iran

    March 12, 2026

    New US Inflation Report Just Released — Where is BTC Going Now?

    March 12, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.