Live. COP28: 'Insufficient' draft text leaves UN climate conference heading into overtime

Welcome to our live coverage of COP28. Keep up to date with the latest news from Dubai from the UN climate conference.

A reminder from Euronews science reporter Jeremy Wilks as the COP28 process continues. 

Global GHG emissions increased 1.2 percent from 2021 to 2022, to reach a new record high of 57.4 giga tonnes of CO2 equivalent. They rose again by 1.1% in 2023.

This global stocktake will inform the next round of Nationally Determined Contributions from countries, due in 2025

This will include targets for 2035. If we want to be below 2 degrees we need global emissions in 2035 to be down to 36 GtCO2e. And down to 25 gt to reach 1.5C

COP28 Director-General Ambassador Majid Al Suwaidi has given reporters in Dubai an update on where negotiations stand. 

"Many issues remain open, and that is normal at this stage of things," he said. 

"As you know, yesterday we released a text. As you also know, lots of Parties felt it did not fully address their concerns. We expected that. In fact, we wanted the text to spark conversations…and that is what happened."

Al Suwaidi says that parties hold deeply split views - especially on the language of fossil fuels. He again reiterated that the text was released as a starting point for discussions. 

"When we released it, we knew opinions were polarized…but what we did not know was where each country’s red lines were.

"By releasing our first draft of the text, we got Parties to come to us quickly with those red lines."

The director-general said that the presidency spent last night taking that feedback which has put them in a position to draft a new text - one they hope will include a "historic" mention of fossil fuels. But, he says, it is then up to the parties to agree on it. 

"Now we need them to