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World Business Report: First broadcast 11/12/2023 15:32 GMT : COP 28: Draft climate deal published, but does it go far enough?

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First broadcast 11/12/2023 15:32 GMT 

First broadcast 11/12/2023 15:32 GMT : COP 28: Draft climate deal published, but does it go far enough?

COP 28: Draft climate deal published, but does it go far enough?

BBC World Service - World Business Report, COP 28: Draft climate deal published, but does it go far enough?

The document has dropped references to phasing out fossil fuels

Climate negotiators have published a draft climate change agreement on the penultimate day of COP 28 in Dubai.  It makes no reference to phasing out fossil fuels.

There's criticism that a draft deal at the COP 28 climate change summit in Dubai doesn't refer to phasing out fossil fuels.  The document has been published on the penultimate day of the conference, which aims to unite global partners in the drive towards net zero carbon emissions.  

The United Nations says it will have to prioritise the areas of greatest need as it announces a significant drop in its humanitarian fundraising appeal for the next financial year.  It's aiming to raise $10 billion less than the previous 12 months.

Japanese baseball superstar Shohei Ohtani has just landed the richest contract in the history of of North American sport.  He'll earn $700 million from the 10-year deal with the LA Dodgers.

(Photo: Sultan Ahmed al-Jaber, President of the COP28 UNFCCC Climate Conference, speaks to the media on 10 December, 2023. Credit: Getty Images)

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First broadcast 11/12/2023 15:32 GMT : COP 28: Draft climate deal published, but does it go far enough?

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