Mint explainer: What to expect from COP28 taking place in November in UAE?
The 2023 UN Climate Change Conference will convene from 30 November to 12 December 2023 in Dubai, United Arab Emirates (UAE). Mint explains what to expect from the 28th meeting of the Conference of the Parties (COP 28). A.
Sultan Al Jaber, president of the COP28 UN climate summit last month laid out his long-awaited plan of action at the meeting of governments in Brussels. The plan includes all the main aspects of climate action, based on the 2015 Paris agreement, now divided into what Al Jaber termed the four pillars or four Fs: fast-tracking the transition to a low-CO2 world; fixing climate finance; focusing on people, lives and livelihoods; and full inclusivity. At COP28, for the first time, governments will hold a “global stocktake" that will set out the progress countries have made on the emissions reduction commitments known as nationally determined contributions (NDCs), which were made in Paris.
The stocktake is certain to find that the globe is way off track to meet its Paris goals, but the Cop presidency has decided against naming and shaming individual countries and all countries will be required to submit updated NDCs in September that are tough to meet the 1.5 degrees Celcius goal. Double energy efficiency commitments, triple renewable energy capacity to 11,000GW globally, and double hydrogen production to 180m tonnes annually by 2030 will be put to governments at Cop28 and are expected to be agreed. A plan with the world’s biggest oil and gas producers both nationally owned and private sector to reduce their greenhouse gas emissions in line with 1.5 degrees Celcius could be part of Cop28 agenda.
If this can be agreed, it would be an astonishing step forward for climate action. A. There will be space
. Read more on livemint.com
