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Delegates from the almost 200 nations attending the global COP28 climate summit in Dubai reached a breakthrough agreement on Thursday that establishes a fund for loss and damage in developing countries impacted by climate change.
Industry is a leading climate polluter: Our road map shows what’s needed to cut industrial emissions in fast-growing countries.
The agreement was expected at the opening of the summit, five diplomats told POLITICO — leaving delegates with one less thing to argue about.
The study, released ahead of COP28 (Conference of Parties), says the affluent, especially in developed nations, have played a substantial role in increasing global carbon emissions. Rising CO2 emissions worldwide are responsible for increasing climate impacts, such as droughts, floods, cyclones, wildfires, and other extreme events.
The United Nations climate summit is expected to direct developed countries like the U.S. to cut down on their meat consumption.