COP26 talks sees a back off from call to end all coal use

A globe hangs over an empty room in the OVO Hydro building on day thirteen of the COP26 at SECC on November 12, 2021 in Glasgow, Scotland (Getty)
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Updated 12 November 2021
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COP26 talks sees a back off from call to end all coal use

Negotiators at this year’s UN climate talks in Glasgow appeared to be backing away from a call to end all use of coal and phase out fossil fuel subsidies completely, but gave poor countries hope for more financial support to cope with global warming, Associated Press is reporting.

The latest draft proposals from the meeting’s chair released on Friday call on countries to accelerate “the phaseout of unabated coal power and of inefficient subsidies for fossil fuels.”

A previous proposal on Wednesday had been stronger, calling on countries to “accelerate the phasing out of coal and subsidies for fossil fuel.”

While the chair’s proposal is likely to undergo further negotiation at the talks, due to end Friday, the change in wording suggested a shift away from unconditional demands that some fossil fuel exporting nations have objected to.

There was a mixed response from observers at the talks on how significant the addition of the words “unabated” and “inefficient” was.

“Those qualifiers completely undermine the intention," said Alex Rafalowicz, director of the Fossil Fuel Non-Proliferation Treaty Intiative, an environmental campaign group.

“They’re loopholes so large you could drive a lorry through them,” he said, using the British term for a truck.

Helen Mountford, a senior climate expert at the World Resources Institute, said allowing countries to determine which subsidies they consider inefficient would water down the agreement.

"It definitely weakens it,” she said.

Even so, the explicit reference to ending at least some state support for oil, gas and coal offered "a strong hook for phasing out fossil fuels subsidies, so its good to have it in there,” she said.

The question of how to address the continued use of fossil fuels responsible for much of global warming has been one of the key sticking points at the two-week talks.

Scientists agree it is necessary to end their use as soon as possible to meet the 2015 Paris accord's ambitious goal of capping global warming at 1.5 degrees Celsius (2.7 Fahrenheit). But explicitly including such a call in the overarching declaration is politically sensitive, including for countries, such as Saudi Arabia, that fear oil and gas may be targeted next.

Another crunch issue is the question of financial aid for poor countries to cope with climate change. Rich nations failed to provide them with $100 billion annually by 2020, as agreed, causing considerable anger among developing countries going into the talks.

The latest draft reflects those concerns, expressing “deep regret” that the $100 billion goal hasn't been met and urging rich countries to scale up their funding.

It also adds wording that could create a fund to compensate countries for serious destruction resulting from climate change. Rich nations such as the United States, who have historically been the biggest source of human-caused greenhouse gas emissions, are opposed to any legal obligation to pay for loss and damage suffered by poor countries.

Negotiators from almost 200 nations gathered in Glasgow on Oct. 31 amid dire warnings from leaders, activists and scientists that not enough is being done to curb global warming.

According to the proposed decision, countries plan to express “alarm and utmost concern” that human activities have already caused around 1.1C (2F) of global warming “and that impacts are already being felt in every region.”

While the Paris accord calls for limiting temperature to “well below” 2C (3.6F), ideally no more than 1.5C, by the end of the century compared to pre-industrial times, the draft agreement notes that the lower threshold “would significantly reduce the risks and impacts of climate change” and resolves to aim for that target.

In doing so, it calls for the world to cut carbon dioxide emission by 45 percent in 2030 compared with 2010 levels, and to add no additional CO2 to the atmosphere by mid-century. So far the world is not on track for that, and developed countries are expected to be asked to submit more ambitious targets for cutting emissions next year.

U.N. Secretary-General Antonio Guterres told The Associated Press this week that the 1.5C-goal “is still in reach but on life support.”

If negotiators are unable to reach agreement by Friday's official deadline, it is likely the talks will go into overtime. This has happened at many of the previous 25 meetings as consensus from all 197 countries is required to pass decisions.

— Associated Press


Jordan’s industry fuels 39% of Q2 GDP growth

Updated 31 December 2025
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Jordan’s industry fuels 39% of Q2 GDP growth

JEDDAH: Jordan’s industrial sector emerged as a major contributor to economic performance in 2025, accounting for 39 percent of gross domestic product growth in the second quarter and 92 percent of national exports.

Manufactured exports increased 8.9 percent year on year during the first nine months of 2025, reaching 6.4 billion Jordanian dinars ($9 billion), driven by stronger external demand. The expansion aligns with the country’s Economic Modernization Vision, which aims to position the country as a regional hub for high-value industrial exports, the Jordan News Agency, known as Petra, quoted the Jordan Chamber of Industry President Fathi Jaghbir as saying.

Export growth was broad-based, with eight of 10 industrial subsectors posting gains. Food manufacturing, construction materials, packaging, and engineering industries led performance, supported by expanded market access across Europe, Arab countries, and Africa.

In 2025, Jordanian industrial products reached more than 144 export destinations, including emerging Asian and African markets such as Ethiopia, Djibouti, Thailand, the Philippines, and Pakistan. Arab countries accounted for 42 percent of industrial exports, with Saudi Arabia remaining the largest market at 955 million dinars.

Exports to Syria rose sharply to nearly 174 million dinars, while shipments to Iraq and Lebanon totaled approximately 745 million dinars. Demand from advanced markets also strengthened, with exports to India reaching 859 million dinars and Italy about 141 million dinars.

Industrial output also showed steady improvement. The industrial production index rose 1.47 percent during the first nine months of 2025, led by construction industries at 2.7 percent, packaging at 2.3 percent, and food and livestock-related industries at 1.7 percent.

Employment gains accompanied the sector’s expansion, with more than 6,000 net new manufacturing jobs created during the period, lifting total industrial employment to approximately 270,000 workers. Nearly half of the new jobs were generated in food manufacturing, reflecting export-driven growth.

Jaghbir said industrial exports remain among the economy’s highest value-added activities, noting that every dinar invested generates an estimated 2.17 dinars through employment, logistics, finance, and supply-chain linkages. The sector also plays a critical role in narrowing the trade deficit and supporting macroeconomic stability.

Investment activity accelerated across several subsectors in 2025, including food processing, chemicals, pharmaceuticals, mining, textiles, and leather, as manufacturers expanded capacity and upgraded production lines to meet rising demand.

Jaghbir attributed part of the sector’s momentum to government measures aimed at strengthening competitiveness and improving the business environment. Key steps included freezing reductions in customs duties for selected industries, maintaining exemptions for production inputs, reinstating tariffs on goods with local alternatives, and imposing a 16 percent customs duty on postal parcels to support domestic producers.

Additional incentives in industrial cities and broader structural reforms were also cited as improving the investment climate, reducing operational burdens, and balancing consumer needs with protection of local industries.