Episode
110

COP28, What’s Next?

December 27, 2023
|
Duration:
2896531
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In This Episode:

Join John Pooley and Lysandra Naom on our 360 perspective on the 2023 United Nations climate change conference, COP28. This episode features COP28 advantages and disadvantages, outcomes from the conference, and more. Check out our 360 Carbon Excellence Program.

Highlights

  • COP28’s Broad Scope and Challenges: COP28 stands as one of the largest COPs with 97,000 attendees. Despite its scale, the challenge remains in reaching actionable, binding agreements among diverse global players.
  • Fossil Fuel Phase-Down Discussions: The conference tackled the contentious issue of phasing down fossil fuels, with debates centering on terms like “transition” and “phase-out” as global leaders attempt to address fossil fuel reduction.
  • Global Climate Impact Pledges: Nations committed to ambitious goals, including tripling renewables and doubling energy efficiency by 2030, aiming to address both carbon reduction and energy demands.
  • Loss and Damage Fund: A major outcome was the establishment of a fund for loss and damage, aimed at compensating nations most impacted by climate change, addressing a significant gap in prior climate action efforts.

Key Insights

  • Regulatory and Market Needs: Achieving energy transitions requires adaptable regulatory frameworks that encourage private sector innovation while ensuring climate goals are met.
  • Carbon Reduction Scaling Challenges: Meeting the 1.5°C goal by 2030 will require scaling renewable energy, green hydrogen, and carbon capture at unprecedented rates, presenting both technical and economic challenges.
  • Transparency and Reporting: COP28 highlights the need for robust, transparent mechanisms in tracking emissions reductions and climate finance contributions to hold countries accountable.
  • Youth and Future Generations’ Role: The episode underscores the importance of engaging young people in climate advocacy, as their support will drive sustained climate action across sectors and political cycles.
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    Renewable Energy
    Hydrogen
    Energy Transition
    Energy Efficiency
    Climate Action
    Climate Change
    Carbon Reduction
    Carbon Capture
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