Last year, the UAE demonstrated to the world the possibility of raising the ceiling of ambition after fulfilling previous pledges, and changed the narrative that views… Climate action As a burden to a positive mindset that benefits from it as an opportunity for comprehensive economic growth and shared prosperity.
The parties combined their efforts COP28 to reach “Emirates agreement“The historic, which provided an ambitious and comprehensive response to the first global inventory to assess progress in implementing the goals of the Paris Agreement, and set a clear road map based on scientific facts for the climate action required until 2030, and also included an unprecedented reference to achieving an orderly, responsible, fair and logical transition in the energy sector, In addition to historic global commitments to triple renewable energy production capacity, double energy efficiency by 2030, and reduce deforestation by the same date.
The UAE Agreement calls for a commitment to reduce… emissions globally after its expected peak in 2025, provided that the efforts of the parties to achieve this goal are consistent with their different national circumstances, and it also calls on all countries to make ambitious national contributions that include all aspects of the economy, all types of greenhouse gases, and support achieving the 1.5 degree Celsius goal, before the deadline. Scheduled for next February; The agreement stresses the urgent need to adopt a significant increase in… Adaptation financingIt calls on countries to submit national adaptation plans by 2025 and implement them by 2030.
You need to respond to the consequences Climate change to “Adaptation“With the rapid consequences of climate change, so, launch COP28 The “UAE Global Climate Resilience Framework” to stimulate climate action by supporting “adaptation” and “mitigation” efforts in equal measure, which helps governments and non-party stakeholders enhance adaptation efforts, and identifies ways to achieve this through basic goals for human well-being and sustainable development. Related to nature, food, health, water and infrastructure.
From the beginning, it was clear that COP28 would be different, and was able to change the global narrative on climate action. The first day of the conference witnessed the success of the COP28 presidency in reaching a historic decision to agree to activate and begin financing the “Loss and Damage Response Fund” to support developing countries most affected by the repercussions of climate change. .
The Philippines was chosen as the host country for the Fund’s Board of Directors, while the World Bank assumed the hosting duties, the interim Secretariat and the Fund’s trustee function. During COP28, the parties worked in a spirit of cooperation and teamwork. 23 countries made pledges to finance the Fund, including the UAE, which pledged $100 million, bringing the total amount of its funding pledges and arrangements currently to $853 million.
COP28 also succeeded in presenting the Mitigation Action Programme, which highlighted the opportunities and obstacles facing meeting implementation targets and raising ambition. The Conference Presidency also launched the “Just Transition Action Programme”, extending for five years, with the aim of supporting the achievement of climate action goals across all pillars. Paris Agreement Fairly, and confirming the commitment of the conference presidency to include everyone.
By focusing on including everyone, the COP28 presidency succeeded in engaging all sectors and segments of societies, including the government and private sectors, civil society, youth, and others. Thanks to a pioneering initiative led by the Conference Presidency, the parties agreed to institutionalize the role of youth climate champion and ensure that it becomes a permanent part of the work of future COPs.
In order to maintain the momentum of COP28’s successes, stimulate the practical and tangible actions required to implement its outcomes, unify efforts and ensure continuity of work between the current presidency and future presidencies of the Conference of the Parties, the historic “UAE Agreement” approved the establishment of a unique and unprecedented partnership under the name “Troika of COP Presidencies” that brings together the COP28 presidency. And my presidency COP29 Which you host Azerbaijan And COP30 Which you host Brazil Next year, with the aim of strengthening international cooperation and stimulating climate ambition.
The “Troika” is mainly focused on raising the ceiling of ambition in the next round of nationally determined contributions, which reflects each country’s comprehensive climate plans by 2035.
Based on the importance of the role of finance in efforts to implement the required climate action, the provisions of the “UAE Agreement” focused on building the necessary momentum to strengthen and develop the structure of global climate finance institutions, in order to support the COP29 negotiations, whose presidency will seek to reach a global consensus on a new collective goal for climate finance, according to Emirates News Agency.
As the start of the COP29 activities approaches, the country’s efforts continue and increase The UAE To call on all parties to build on the momentum achieved during COP28, inaugurate a new phase focused on implementation, and pursue and implement a joint action plan to achieve radical progress in this crucial decade for climate action to protect the present and future of humanity and the planet.