COP28
Azerbaijan to Host COP29 in 2024: What to Expect
The initial signs are that COP29 might be yet another conference where fossil fuel producers act in concert to stall global progress. However, Azerbaijan has the unique opportunity to do what no previous conference host has: increase financing for the most vulnerable ones to the needed levels, accelerate the phaseout of coal and urge for more ambitious emissions reduction targets.
Renewable Energy Growth and Plunging Costs Make the COP28 Target Possible
While the world remains off track in reducing fossil fuel emissions and limiting temperature rise to 1.5°C, the momentum behind renewable energy technologies is aiding the shift towards a cleaner and more sustainable energy system.
How COP28 Failed to Deliver on the Climate Crisis
Despite all the efforts to paint COP28's final text as a success, the result of the conference is a vague and non-binding agreement allowing the fossil fuel lobby to continue doing business as usual. All that while frontline communities stand at risk due to the climate crisis.
COP28 Loss and Damage Fund: A Historical Win or a Distraction From the Real Problem?
Climate-vulnerable nations experienced the hottest year on record in 2023. While they were looking towards COP28 with hope, despite all the efforts to brand the Loss and Damage Fund as a success, the unclear funding distribution and insufficient pledges are disappointing.
COP28 Outcomes: A Detailed Analysis And Future Implications
COP28 has ended with several major milestone commitments, yet many experts remain wary. Questions about accountability and financing remain.
COP28 Financing Highlights: Will Asia Receive Much-needed Support?
COP28 became the stage of ambitious financial pledges from governments, the private sector, MDBs and philanthropic organisations. However, experts warn that the promised financing still falls short of the actual needs and that its distribution might be too slow and ineffective.
COP28 Targets Tripling Global Renewable Energy Capacity
COP28 is underway, and the target to triple renewable energy capacity by 2030 is the main headline. For the plans not to end up as another empty promise, global leaders should work to establish the needed regulations, investments, mechanisms for equal distribution and adequate progress monitoring processes.
Trade Day at COP28: Climate Action with a Business Mindset
Trade plays an integral role in global decarbonisation. COP28 is the first COP to make trade a focal point of the conference, with a day focused on its discussion. The public and private sectors had several high-level discussions and made critical initial commitments.
COP28 Climate Finance Day Nets USD 12.5 Billion in Pledges
Day five of the COP28 summit in Dubai started shaky, as reports broke over summit president Sultan Al Jaber’s earlier anti-fossil fuel phaseout comments. However, by the end of the day, significant progress had been made regarding climate change funding, setting the pace with at least 40 different financial pledges.
Op-Ed: Southeast Asia at a Climate Crossroads – Will 1.5°C Be the Road Not Taken?
Southeast Asia (SEA) is a region at a crossroads. The challenge of reshaping Southeast Asia’s power is at hand. It can be won by communities, civil society, and all within and without Southeast Asia rallying behind the fight for 1.5°C at COP 28 and beyond.
Why Does Japan Rely on Fossil Fuels?
Japan is often overlooked in the conversation about the biggest climate offenders. However, in their current form, Japan’s plans for “clean coal” and hydrogen pose a major risk, extending the life of fossil fuels.
The IEA’s World Energy Outlook 2023: Global and Asian Gas Demand to Peak by 2030
The International Energy Agency (IEA) reports that while clean energy adoption is accelerating rapidly, current policies will still push global warming to 2.4°C, far beyond the Paris Agreement's target. Global leaders must make COP28 count by pledging to achieve the IEA's five pillars for getting back on track.
Japan Puts the G7 Climate Leadership at Risk
The fight against climate change started in Kyoto in 1997, with Japan at the helm. 25 years later, instead of leading it, Japan is stalling, and time is slipping away. This is having consequences for the world and the rest of the G7.
COP28 Goals: Targeting a Climate-resilient Future
COP28 revolves around the themes of invigorating climate adaptation and finance, making the summit inclusive and supporting communities at the forefront of climate change impacts. COP28's goals support these ideas with targets for emissions reductions, developing stronger climate commitments, meeting previous obligations and placing agriculture at the centre of climate action. Meeting these goals will be a major milestone in the world's response to climate change.
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