Features
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.
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.
Southeast Asia Prefers Renewables, But Misplaced Fears of High Costs Delay Adoption
Southeast Asia has immense clean energy potential, and experts estimate that capitalising on it will unlock massive gains. With renewables being the cheapest source of new power in countries comprising two-thirds of the global population and responsible for 90% of electricity generation, switching to renewables will help Southeast Asian countries ease the burden of fossil fuel subsidies on their economies.
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.
IEA: Urgent and Joint Action Needed To Keep the 1.5°C Target Alive
The IEA's latest report is clear: global leaders either take urgent and collective action now or miss the 1.5°C target.
COP28 Agenda: Blueprint for Inclusive Global Climate Action
COP28 will focus on the first Paris Agreement Global Stocktake and will use the moment to realign national commitments towards limiting warming to 1.5°C. The meeting's agenda primarily aims to reduce emissions, increase renewable energy capacity, develop the financial system to support this goal and make climate action inclusive to all stakeholders.
COP28 President and the UAE’s Lacklustre History on Climate Action
The United Arab Emirates is hosting COP28. The country's economy heavily depends on fossil fuels, and its choice for COP28 president has a long history in the industry. Will this impact the conference?
Taxation in Japan Jeopardises its Solar Sector
Japan has been grappling with how to decrease its disproportionate carbon emissions relative to its population of only 123 million people. Part of that solution includes developing solar power. However, there's a growing movement in more than 200 Japanese municipalities to levy prohibitive taxes on new solar power projects.
COP28 UAE – Goals and Commitments
This year's COP meeting will be held in the United Arab Emirates. The COP28 president has announced major goals for the summit, focusing on speeding up the global energy transition and making this year's COP the most inclusive yet.
Breakthrough Agenda 2023: Cooperation Key to Advancing Clean Technologies
The clean energy transition is advancing but not at a pace adequate for a net-zero scenario. The Breakthrough Agenda Report 2023 recommends governments strengthen collaboration and ease regulatory burdens to accelerate clean technology deployment.
The Philippines’ Choice: Going Clean or Going With SMC
The Philippines has immense clean energy potential and has already witnessed the benefits of tapping into it. Whether the government continues in this direction will reveal if its priorities lay with the corporations or the public interest.
UN Climate Ambition Summit Sets Upcoming COP28 Agenda
UN Secretary-General António Guterres has pulled off an effective stroke of climate change diplomacy, upping the ante on major polluting countries and calling for more contributions and funds to poorer countries impacted unfairly by climate change. He also pressed for a coal-fired power generation phaseout and is already setting the climate agenda two months before the COP28 Summit in Dubai, UAE.
ASEAN Countries Need to Prioritise Renewable Energy Not Ammonia, Hydrogen and CCS
While Japan argues that its GX strategy can help countries accelerate their energy transition and ensure a reliable power supply, experts accuse the government of trying to export its fossil fuel lobby's interests. Southeast Asian countries shouldn’t be the ones paying the price.
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