Monday was Finance, Trade, Equality and Accountability, and Gender Day at COP28, with a focus on how to support disadvantaged communities for a just transition.
We catch up on the latest developments from the UN’s climate negotiations at COP28.
The United Arab Emirates has set out a $30 billion commitment to “create a fairer climate finance system”, with a particular focus on the Global South.
COP28 has begun with a deal on operationalising the Loss and Damage Fund, a historic moment in rebuilding relationships between the Global North and the Global South.
The upcoming COP28 is a potential inflection point for climate action, with an opportunity for implementation and the scaling up of ambition offset by growing concern about the potential capture of the process by the fossil industry, determined to slow the transition.
The most closely followed discussions at COP28 will be around fossil fuels, methane emissions, the loss and damage fund, and Article 6 of the Paris Agreement.
Vulnerable smallholder farmers are spending more to protect global food supplies from the impacts of climate change than world leaders combined, according to research by the International Institute for Environment and Development (IIED).
World Bank climate and infrastructure advisor Romain Pison argues that glaring gaps in current climate-scenario models leave us teetering on the edge of systemic vulnerabilities, but also offer an unprecedented opportunity to evolve our approaches for the better.
Many consider net zero 2050 an immense investment opportunity, but there are few comprehensive analyses of exactly its size. New research suggests that institutions well prepared to embark on net zero pathways will be able to take full advantage of decarbonisation-focused policy shifts and avoid being stuck with stranded assets.
States which banked "staggering" profits from the high price of oil last year should pay a global windfall levy to help poorer nations in the fight against climate change, former prime minister Gordon Brown has said.