#COP28 RECAP of First Week: Here are the Agreements Reached at COP 28 in the first week:
#Introduction
World leaders and negotiators have not yet addressed the big elephant in the room. The summit meant to end next Tuesday might drag on to Friday inconclusively especially as👇
#Introduction
World leaders and negotiators have not yet addressed the big elephant in the room. The summit meant to end next Tuesday might drag on to Friday inconclusively especially as👇
global #oil giant Saudi Arabia’s energy minister said that the kingdom won’t even agree to a phase down (reducing dependence on fossil and adding renewable energy in the mix) of, let alone phase out (complete halt of fossil production), of fossil fuels, the bar will likely👇
need to be lowered to get any kind of agreement next week.
Here’s a recap of the past week:
📌Day 1: Delegates from nearly 200 countries agreed on details for running the loss and damage #fund, a facility designed to help vulnerable countries deal with more extreme weather👇
Here’s a recap of the past week:
📌Day 1: Delegates from nearly 200 countries agreed on details for running the loss and damage #fund, a facility designed to help vulnerable countries deal with more extreme weather👇
stoked by global warming.
📌Day 2: COP28 President Dr. Sultan Al Jaber announced the United Arab Emirates will put $30 #billion into a climate finance fund called Alterra, which he dubbed a “vehicle like no other.”
📌Day 2: COP28 President Dr. Sultan Al Jaber announced the United Arab Emirates will put $30 #billion into a climate finance fund called Alterra, which he dubbed a “vehicle like no other.”
📌Day 3: @exxonmobil Corp. and Saudi Arabia’s aramco led a pledge by 50 oil and gas producers to cut emissions from their own operations. @Darren Woods was at the summit to discuss the news — marking the first time an Exxon CEO attended a COP.
emerging economies and attract private capital for cutting emissions.
Day 5: After an article in The Guardian reported the COP28 president found “no science” to support the phase out of fossil fuels to keep warming below 1.5C, Al Jaber said he was misunderstood. At a press👇👇
Day 5: After an article in The Guardian reported the COP28 president found “no science” to support the phase out of fossil fuels to keep warming below 1.5C, Al Jaber said he was misunderstood. At a press👇👇
conference he was joined on stage by James Skea head of the @Intergovernmental Panel on Climate Change @IPCC_CH
📌Day 6: US climate envoy John Kerry criticized some US oil producers for not doing enough to combat global warming and singled out Chevron Corp. for particular👇👇
📌Day 6: US climate envoy John Kerry criticized some US oil producers for not doing enough to combat global warming and singled out Chevron Corp. for particular👇👇
scrutiny. Meanwhile, former US VP @algore said reforms are needed to weaken #petrostates’ power at COP. His comments came after Saudi Arabian Energy Minister @Prince Abdulaziz bin Salman said the kingdom won’t agree to a text that calls for the phase down of fossil fuels👇👇
📌Day 7: Vladimir Putin flew into the UAE — his first trip to the Middle East since he invaded Ukraine — to discuss energy. While he steered clear of #COP, the Russian president’s presence in the country was on everyone’s mind at the summit.
Reference: Bloomberg News Green.
UNFCCC UN
Are you at COP28? Please share your learnings in the comment section!
UNFCCC UN
Are you at COP28? Please share your learnings in the comment section!
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