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COP28 ends: A look at key decisions from the world’s biggest climate summit

Transitioning away from fossil fuels, accelerating efforts towards the phase-down of unabated coal power, setting up of the loss and damage fund, tripling renewable energy by 2030 and pledges by major oil and gas firms to curb methane emissions are some of biggest takeaways from COP28

December 13, 2023 / 18:22 IST
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Over 60 countries signed the Global Cooling Pledge, a new initiative launched at COP28 to reduce cooling-related emissions across all sectors by at least 68 percent globally by 2050 compared to 2022 levels

The two-week-long COP28 in Dubai, United Arab Emirates (UAE) came to an end on December 13 with talks going into overtime as member nations engaged in discussions over how to deal with fossil fuels in the summit's final text.

In the closing plenary of the summit on December 13, COP28 President UAE’s Sultan Al Jaber said that this year’s UN-sponsored summit saw a robust action plan to keep global warming limited to the targeted 1.5 degrees Celsius over pre-industrial times set in the 2015 Paris deal within reach.

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“It is a balanced plan, that tackles emissions, bridges the gap on adaptation, reimagines global finance, and delivers on loss and damage. It is built on common ground. It is strengthened by inclusivity. And it is reinforced by collaboration,” Jaber said.