SUSTAINABLE & CLEAN ENERGY | ENERGY EFFICIENCY | LOW CARBON DEVELOPMENT | CLIMATE CHANGE | ___________ TECHNOLOGY | POLICY | INVESTMENT

Monday, November 20, 2023

UNFCCC's COP 28: main outcomes and failures

 The 28th  conference under the United Nations Framework Convention on Climate Change (UNFCCC) came at a critical moment in time, with 2023 set to be the warmest year on record and the impacts of climate change rapidly accelerating. International climate change negotiations at the COP28 conference in Dubai concluded on 13 December 2023.



Below are the main outcomes and failures of the COP 28:

Positive Outcomes

Nearly every country agreed to "transition away from fossil fuels"[1].

A wave of new international pledges covering everything from oil-and-gas company emissions and tripling renewables, through to food systems [1].

Creation of a new Loss and Damage Fund [2].

Adoption of a new framework for the Global Goal on Adaptation [2].

Commitments to triple renewable energy, double energy efficiency, and reduce methane emissions (although without a clear target) by 20302.

The power of people and civil society to finally deliver outcomes put off for 30 years [4].


Failures

Lack of a clear call for a fossil-fuel “phase-out” this decade [1].

Many “loopholes” in the text that might enable the production and consumption of coal, oil, and gas to continue [1].

Developing countries were left disappointed by a lack of new financial commitments for transitioning away from fossil fuels and adapting to climate impacts [1].

The language on coal phase-out was diluted from ‘rapidly phasing down’ unabated coal with limits, to a more general 'efforts towards phase-down’ [2].

Dangerous loopholes in mitigation [3].

Failure of fairness; of climate justice for countries least responsible for the climate crisis who nonetheless suffer its worst impacts [4].

      1.  brookings.edu  2. kcl.ac.uk  3. iisd.org  4. bond.org.uk