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COP28, the UN Conference of the Parties in oil-rich Dubai currently underway will not resolve the issue of oil and gas companies agreeing to slow down oil production. To the contrary, all signals point to an increase according to formal plans already laid out by the industry, as stated by the International Energy Agency. Reuters
Dubai, 9 December 2023 – Close to $7 trillion is invested globally each year in activities that have a direct negative impact on nature from both public and private sector sources - equivalent to roughly 7 per cent of global Gross Domestic Product (GDP) - according to the latest State of Finance for Nature report released today at COP28 by the UN Environment Programme (UNEP) and partners.
Close to $7 trillion is invested globally each year in activities that have a direct negative impact on nature.
Greenhouse gas emissions will continue to rip roar, snort, huff and puff higher ever higher post COP28. It’s guaranteed. The oil companies insist upon it. And
Doha, Qatar:In the face of the growing global population and its associated demands on the planet s resources, Qatar is emerging as a proactive force...