FAQs about COP28 Dubai UAE 2023

4. What are the objectives of COP28?

The permanent objective of the COPs is to sustain the goal of the Paris Agreement, approved in 2015, which was, initially, to maintain the increase in global temperature at 2 °C by the end of the century, counting from 1750, later lowered to 1.5 ºC, on the recommendation of the IPCC, a scientific group brought together by the United Nations to monitor and evaluate all global science related to climate change.

However, this year the International Energy Agency, IEA, created in 1974 by the Organization for Economic Cooperation and Development, OECD, as a consequence of the oil crisis of 1973, has expressed that it is “very difficult to achieve this objective, given that currently the added warming compared to 1750 has already reached 1.2ºC, and it is likely that it will reach 1.5ºC this same decade. Information.com

The objectives of COP28, according to its presidency, are based on the following groups of actions.

1. Energy transition

Accelerate the energy transition and reduce emissions by 2030 .

Triple renewable capacity by 2030.

Double the energy efficiency index, increase electrification and reduce methane emissions by 2030, as well as the use of fossil fuels.

2. Climate finance

Double funding for adaptation by 2025.

Advance the New Collective Quantifiable Climate Financing Objective that must be approved in 2024.

3. Climate action

At COP 28, the launch of the Loss and Damage Fund, approved in Egypt last year and one of the main results of COP27, is expected, as well as “advancing the adoption of a robust framework for the Global Adaptation Goal.”

4. Climate Change Loss and Damage Fund

Implementation of the Loss and Damage Fund in this COP28, approved at COP 27, but its implementation was deferred for this year. It is about reviving the old “Green Climate Fund” of US$ 100 billion a year. Financing will be carried out mainly by the richest countries, those that have contributed the most to climate change.

As a final point, the COP28 presidency has emphasized that this COP must be primarily inclusive in nature, and that inclusion must cover all possible aspects.

FAQs about COP28 Dubai UAE 2023

1. What is COP28, when and where will it take place?

2. Who is Simon Stiell and what is expected of him at COP28?

2. Who is Simon Stiell and what is expected of him at COP28?

4. What are the objectives of COP28 ?

5. Why is COP 28 held in an oil country?

6. Who will preside over COP28 and what have been the reactions to his appointment?

7. What is the new Synthesis Report and what does it have to do with COP28?

8. What is the Global Stocktake and how does it relate to COP28?

9. Why is the World Balance at a critical moment before COP28?

10. Have climate COPs worked?