The annual UN Climate Summit, COP28, commences in the United Arab Emirates (UAE), focusing on critical issues like climate financing, emissions cuts, and phasing out fossil fuels. The UAE’s hosting and the appointment of Sultan al Jabar, CEO of the Abu Dhabi National Oil Company, as president, sparked controversy. Climate financing discussions include establishing a “loss and damage” fund for low-income countries affected by extreme weather. The summit marks the first “global stocktake,” reviewing countries’ progress in emissions reduction. Despite challenges, activists view the summit as a crucial platform for addressing climate issues.
