What were the outcomes at COP28?
We attended COP28 with a diverse delegation from our global offices. We worked directly with decision makers to influence the negotiations. We also built partnerships, and shared solutions with others who are also taking action to realise a more resilient future for those hardest hit by the climate crisis.
For the first time, the final text signalled an agreement to move away from fossil fuels, and investments in renewable energy were tripled. Clean cooking also received more funding. The final agreement also recognised that more action is needed to protect nature and ecosystems.
We saw the first five-yearly Global Stocktake. Its aim is to confirm whether the world is on track to meet the Paris Agreement’s long-term goals. It also gives us a better sense of the gap between what we should be doing and what we are managing to achieve.
The Loss and Damage Fund was given $725 million to start supporting countries who are facing the worst effects of the climate crisis. Adaptation was also recognised by a new framework for the Global Goal on Adaptation.
Food and agriculture, and their impact on climate change was a hot topic. 134 countries recognised that we need global transformation in our food system by signing up to a Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action.
We also saw Early Warning Systems having a moment with the launch of the Global Status of Multi-Hazard Early Warning Systems report. It analysed the progress on the Early Warning for All initiative and showed that we need to speed up if we’re to meet our targets.
In the news since COP28, we have seen that COP28 launched ‘The COP Presidencies Troika’, “in partnership with the COP29 and COP30 Presidencies – a groundbreaking initiative to support ‘Mission 1.5°C’ by maintaining momentum, locking in continuity, and anchoring implementation”.
You can also read an article by Mukhtar Babayev, COP29 President, about future plans: “As Cop29 president, I will build bridges between the diverging north and south to keep 1.5C in reach”. Read more about Practical Action at COP29 here.