· 2 min read
illuminem summarizes for you the essential news of the day. Read the full piece on the COP28 UAE website or enjoy below:
🗞️ Driving the news: COP28's Nature, Land Use and Ocean Day saw over $186 million pledged for nature-based climate action
• A significant policy outcome was a joint statement between the COP28 Presidency and China, emphasizing coordinated implementation of nature and climate strategies
🔭 The context: The pledge adds to the $2.5 billion mobilized during the World Climate Action Summit
• These commitments and the Mangrove Alliance for Climate, endorsed by 30 countries, reflect a global recognition of nature's role in climate mitigation and adaptation
🌍 Why it matters for the planet: Nature-based solutions are pivotal for achieving the Paris Agreement goals
• The focus on forests, mangroves, and oceans highlights the importance of preserving natural ecosystems to combat climate change, offering significant potential for mitigation, biodiversity conservation, and economic opportunities
⏭️ What's next: The momentum from COP28 sets the stage for future nature-focused initiatives and partnerships
• The success of these commitments depends on effective implementation and collaboration between countries and non-state actors
💬 One quote: "There is no path to fulfilling the Paris Agreement and keeping 1.5°C within reach without protecting and restoring nature, land, and the ocean." (H.E Razan Al Mubarak, UN Climate Change High-Level Champion for COP28)
📈 One stat: Nature-based solutions can contribute to over 30% of necessary mitigation actions to keep global warming within 1.5°C by 2030
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