The world is falling short of the necessary efforts to slow global warming to the desired 1.5°C target, according to a pivotal progress report. This report will play a significant role in shaping discussions at the Cop28 climate summit in the UAE. The “global stocktake” will be a crucial event in Dubai where governments will deliberate on the verdict, agreeing on the need for much more extensive action, which is projected to entail trillions of dollars in costs to safeguard the planet. The report underscores the urgency for leaders to bring tangible, actionable commitments to address climate change at the Cop28 summit. It calls for a 43 percent reduction in greenhouse gas emissions by 2030, emphasizing the urgency to transition from mere aspirations to concrete outcomes.
Dr. Sultan Al Jaber, the summit’s President-designate and UAE Minister of Industry and Advanced Technology, stressed the importance of demonstrating ambition and urgency in this critical decade. The report also emphasizes that while the Paris Agreement has driven substantial climate action since its adoption, progress remains insufficient according to the latest scientific knowledge. It emphasizes the need for immediate, comprehensive action on all fronts and by all stakeholders to achieve the long-term objectives of the Paris Agreement. The Cop28 presidency has highlighted the stocktake’s pivotal role in shaping the discussions at the summit, which is set to commence on November 30 in Dubai’s Expo City.
