After participating in the Conference of Parties-28 (COP28) in Dubai on Friday, Modi landed at Delhi airport late at night. Prime Minister Modi shared a video on platform X, highlighting key moments of the Global Climate Action Summit. The video includes glimpses of his bilateral meetings and interactions with world leaders. During his visit to the UAE, Prime Minister Modi noted that climate change is already having a huge impact on the Global South.
Here are the latest updates on COP28 SUmmit 2023:
A group of 36 countries co-chaired by Germany and Chile aims to tackle industrial emissions in an ambitious way. This is the “Climate Club”, born at last year’s Group of Seven Summit and officially launched. COP28: how much loss and damage is caused by climate change?
Vietnam has announced a $15.5 billion spending plan committed by rich countries to accelerate the transition away from fossil fuels under the Fair Energy Transition Partnership or JETP at the United Nations conference. United Nations on climate change in Dubai.
Japanese Prime Minister Fumio Kishida has pledged to end the construction of new coal-fired power plants, demonstrating a clearer determination than before to achieve net zero.
COP28 President mobilizes 2.5 billion USD to support the food-climate agenda
France and Kenya will form a coalition of countries that support the establishment within two years of the introduction of international tariffs to mobilize billions of dollars for developing countries most affected by climate change. climate change. French President Emmanuel Macron told the COP28 climate conference in Dubai that his country, Kenya, Barbados and “several others” are forming an “international working group” that will report its findings at next year’s G20 summit in Rio.
Prime Minister Modi proposed that India host the COP33 climate change summit in Dubai
European Commission President Ursula von der Leyen said on Friday that more than 110 countries want the COP28 climate talks to adopt a target of tripling renewable energy and doubling energy efficiency. energy by 2030. Prime Minister Narendra Modi on Friday proposed hosting the United Nations climate conference in 2028 and also launched a “green credit initiative” focused on creating carbon storage through citizen participation.
A loss and damage fund to help vulnerable countries cope with the impacts of climate change has been officially launched. Initial funding is estimated at $475 million: the United Arab Emirates commits $100 million, the European Union commits $275 million, the United States commits $17.5 million, and Japan commits 10 million dollars.
About COP28:
COP28, the annual United Nations (UN) climate meeting, will be held this year in Dubai. Hundreds of world leaders have gathered at a major United Nations climate summit to discuss the fight against climate change. The COP28 2023 summit begins on November 30 and will continue until December 12.
What is the goal of the COP Summit?
The Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) is an international climate summit where world leaders come together to find solutions combat climate change. There are currently 198 Parties (197 countries plus the European Union) party to the Convention, constituting virtually universal membership.
COP28: what is it and why is it important? Mint explains
The importance of COP28
COP28 will maintain the target of limiting long-term global temperature rise to 1.5°C. In 2015, all countries agreed to keep this promise in Paris.
The 1.5°C target is crucial to avoiding the most disastrous impacts of climate change. However, recent estimates show that the world is currently on track to warm by about 2.4°C to 2.7°C by 2100.
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