Cop28 deal will fail unless rich countries quit fossil fuels, says climate negotiator

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

🗞️ Driving the news: Pedro Pedroso, the outgoing president of the G77 plus China bloc, emphasized the failure of major developed countries to transition away from fossil fuels, despite their historical responsibility as significant emitters
• He highlighted the expansion of fossil fuel projects in these countries, undermining the commitments made at Cop28

🔭 The context: The Cop28 agreement aimed to reduce reliance on fossil fuels, particularly by major emitters like the US, UK, and Canada
• Pedroso's comments come as the G77 plus China bloc, representing 135 developing nations, calls for developed nations to lead the way in transitioning to sustainable energy

🌍 Why it matters for the planet: The failure of developed countries to adhere to their commitments risks exacerbating climate change
• The continued expansion of fossil fuel projects contradicts global efforts to reduce emissions and undermines the spirit of international climate agreements, potentially leading to more severe environmental consequences

⏭️ What's next: The upcoming years are crucial for implementing climate finance goals and updating nationally determined contributions (NDCs) to align with keeping global temperature rises to 1.5°C

💬 One quote: “We cannot address climate change in a vacuum,” (Pedro Pedroso, climate negotiator)

📈 One stat: The US, UK, Canada, Australia, and Norway account for 51% of the total planned oil and gas expansion by 2050

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