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ARTICLE · 20 DECEMBER 2023

COP28 - December 13, 2023 Recap

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The COP28 Presidency announced early Wednesday that nearly 200 countries had reached an agreement on the text of the Global Stocktake (GST) after two weeks of contentious debate.

United Arab EmiratesEnvironment
Kenneth J. Markowitz
Kenneth J. Markowitz
Christopher Treanor
Christopher Treanor
Caroline Shrock
Caroline Shrock
Kulsum Gulamhusein
Kulsum Gulamhusein
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COP28 - December 13, 2023 Recap

  • The COP28 Presidency announced early Wednesday that nearly 200 countries had reached an agreement on the text of the Global Stocktake (GST) after two weeks of contentious debate. In a major win for climate activists, the "UAE Consensus" specifically calls for "transitioning away from fossil fuels in energy systems, in a just, orderly, and equitable manner" to support net-zero by 2050. It also encourages a specific target to triple renewables and double energy efficiency by 2030, and it recognizes the need to significantly scale up adaptation finance to meet urgent and evolving needs. The text also calls for "accelerating" efforts towards the "phase-down" of coal. The GST's language on "transitioning away" from fossil fuels is unprecedented as it is the first agreement that specifically mentions transitioning away from fossil fuels. Though the agreement is not legally binding and cannot force any nation to act, many of the delegates

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