ALL YOU NEED TO KNOW
WHAT IS COP28?
For nearly three decades the UN has been bringing together almost every country on earth for global climate summits – called COPs – which stands for ‘Conference of the Parties’. World leaders, alongside tens of thousands of negotiators, government representatives, businesses and citizens come together for twelve days of talks.
What is the Paris Agreement
COP21 took place in Paris in 2015 which lead to the forming of what is called The Paris Agreement. The Paris Agreement is a global commitment by countries to limit global warming to 1.5 degrees.
Why is 1.5 degrees Important?
1.5 degrees is important because every fraction of a degree of warming will result in the extreme climate disasters leadnig to severe loss and damage. Under the Paris Agreement, countries committed to bring forward national plans setting out how much they would reduce their emissions – known as Nationally Determined Contributions, or ‘NDCs’.
The Global Stocktake
They agreed that every five years they would come back with an updated plan that would reflect their highest possible ambition at that time. The commitments laid out in Paris did not come close to limiting global warming to 1.5 degrees, and the window for achieving this is closing. We are exactly half way between 2015 and the agreement made in Paris and 2030 showing
The decade out to 2030 will be crucial.
2023 has been the hottest year on record alongside multiple climate change fuelled disasters. This stark reality underscores the backdrop the ‘Implementation COP’.
Functionality You Will Love
The COP28 Presidency has set out a plan of action with a focus on calling on governments and key climate stakeholders to take action in four areas.
Fast Track Energy
Fast-tracking the energy transition and slashing emissions before 2030;
People, Nature, Lives & Livelihoods
Putting nature, people, lives, and livelihoods at the heart of climate action; and
Fix Climate Finance
Transforming climate finance, by delivering on old promises and setting the framework for a new deal on finance;
Mobilizing for the most inclusive COP ever.
“The global stocktake will end up being just another report unless governments and those that they represent can look at it and ultimately understand what it means for them and what they can and must do next. It’s the same for businesses, communities and other key stakeholders” Simon Stiell, UN Climate Change Executive Secretary
Functionality You Will Love
The global stocktake is like taking inventory of progress towards the Paris Agreement, taking stock of actions to date and what needs to be done going ahead.
It is a transparent, Party-driven process that looks at everything related to where the world stands on climate action and support, identifying the gaps, and working together to agree on solutions pathways. It also serves as an opportunity to course correct and ramp up ambition.
The stocktake takes place every five years, with the first-ever stocktake scheduled to conclude at the UN Climate Change Conference (COP28).
The stocktake itself isn’t the gamechanger – it’s the global response to it that will make all the difference.
The Global Stocktake (GST) consists of three components:
Information Collection & Preparation
Consideration of Outputs
Headlines, views & insights direct from COP27 curated by CAFA specifically for membership organisations.
Headlines, views & insights direct from COP26 curated by CAFA specifically for membership organisations.