background image

Can COP28 really try to ignore fossil fuels?

author image

By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on The Financial Times or enjoy below

🗞️ Driving the news: The Scottish city of Edinburgh is hosting John Kerry, the US climate envoy, who will speak on the future of climate negotiations at a high-profile theatre and comedy festival
• This comes amid concerns over COP28 in the United Arab Emirates and complexities surrounding climate targets

🔭 The context: Sultan Ahmed al-Jaber, the chief executive of Abu Dhabi National Oil Company (Adnoc) and president of the upcoming COP28 talks, has released a letter outlining the summit's focus on technology, innovation, inclusion, finance, and more
• However, activists are concerned that the lack of attention to fossil fuels might overshadow essential dialogues

🌎 Why does it matter for the planet: The COP28 talks have the potential to guide global climate action, yet contradictions like the UAE's new gas investment projects and an alarming lack of focus on fossil fuel reduction could undermine trust and the ultimate effectiveness of the agreements

⏭️ What's next: COP28 will convene in Dubai in November, focusing on numerous key themes, including the establishment of a fund to compensate developing nations for climate-related losses 
• Still, complexities, such as uncoordinated financial mechanisms, may create challenges for the organization

💬 One quote: “Everybody is aware about the growing complexity of climate finance, but nobody is tackling it,” (Pierre Moscovici, first president of Cour des Comptes)

Click for more news covering the latest on oil & gas

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices

Related Posts

You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)