COP28 latest: Fossil fuel transition deal quickly adopted
COP28 President Sultan Al Jaber brought the gavel down to confirm the deal Wednesday to standing ovation from tired delegates in the meeting.
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COP28 President Sultan Al Jaber brought the gavel down to confirm the deal Wednesday to standing ovation from tired delegates in the meeting.
Adopted after nearly two weeks of hectic negotiations, the first Global Stocktake deal, being termed the UAE consensus, urges countries to accelerate efforts toward the phase-down of unabated coal power, which is a climb down after India and China strongly resisted the singling out of coal.
World leaders agreed to 'transition away' from fossil fuel at the UN climate summit in Dubai — but a massive funding gap remains as wealthy countries fail to commit to new climate financing for low-income countries.
An unlikely breakthrough on fossil fuels at COP28
Carbon Brief provides in-depth analysis of all the key outcomes from the COP28 climate change summit in Dubai – both inside and outside the COP.