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New TRENDS study: COP28 Summit: A turning Point in the fight against climate change

27-January-2024



Trends Research and Advisory released a new study that confirms that the COP2 in the UAE was indeed a turning point in climate Action. The study was conducted by Dr. Yossi Mekelberg, Professor of International Relations and Senior Consulting at Chatham House UK, and Professor International Relations at Regent’s University. The author said that the summit achieved a number of key objectives, including the recognition by all 200 participating countries that oil and gas play a role in driving global warming. Therefore, there is a need for a managed transition from fossil-fuel generation. The study indicated that this move is a significant progress, as it marks the first time that the international community agrees on the need to phase out fossil fuels.

A key step is the commitment to triple the world's renewable energy capacity by 2030. The study explained that COP28 delivered a major boost to the global transition to clean energy.

Another significant step is the agreement to provide additional financial support to developing countries to help them adapt to the effects of climate change. This an essential move because developing countries are disproportionately affected by climate change.

The study focused on some challenges, most notably the continued existence of strong vested interests resisting change. There is a need for more ambitious targets and commitments to reduce greenhouse gas emissions.

The study concluded that COP28 is a positive step forward, but more effort is needed to ensure that the international community is on track to meet its climate goals.

Dr. Meckelberg said that the COP28 summit represents a major milestone in the fight against climate change. However, it is important to remember that this is just the beginning on a long and difficult road. “More work is needed to ensure that our climate goals are met and the planet is protected for generations to come," he said.

 

 

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