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News COP28 / climate-change United Arab Emirates Impact 9.0/10 3 min read
COP28 Summit Ends With Landmark Deal to ‘Transition Away’ From Fossil Fuels

COP28 Summit Ends With Landmark Deal to ‘Transition Away’ From Fossil Fuels

The COP28 climate summit concluded with nearly 200 nations reaching a historic agreement to transition away from fossil fuels. The pact, passed by President Sultan Al Jaber, falls short of phasing out fossil fuels but sets net-zero emissions by 2050 and strengthens the 1.5°C target. Key pledges include tripling renewable energy and doubling energy efficiency by 2030. A loss and damage fund was operationalized. The deal was criticized by some for loopholes, and the Alliance of Small Island States was absent during adoption. China and others objected to a 2025 emissions peak goal. COP29 is scheduled for November 2024 in Baku, Azerbaijan.

The COP28 climate summit concluded with nearly 200 nations reaching a historic agreement to transition away from fossil fuels. The pact, passed by President Sultan Al Jaber, falls short of phasing out fossil fuels but sets net-zero emissions by 2050 and strengthens the 1.5°C target. Key pledges include tripling renewable energy and doubling energy efficiency by 2030. A loss and damage fund was operationalized. The deal was criticized by some for loopholes, and the Alliance of Small Island States was absent during adoption. China and others objected to a 2025 emissions peak goal. COP29 is scheduled for November 2024 in Baku, Azerbaijan.

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Maldives Republic

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Dec 13, 2023

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The COP28 climate summit concluded with nearly 200 nations reaching a historic agreement to transition away from fossil fuels. The pact, passed by President Sultan Al Jaber, falls short of phasing out fossil fuels but sets net-zero emissions by 2050 and strengthens the 1.5°C target. Key pledges include tripling renewable energy and doubling energy efficiency by 2030. A loss and damage fund was operationalized. The deal was criticized by some for loopholes, and the Alliance of Small Island States was absent during adoption. China and others objected to a 2025 emissions peak goal. COP29 is scheduled for November 2024 in Baku, Azerbaijan.

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