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Research Report on COP28 Conference

By Ka Ion (AIIB INTERN)

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Introduction
COP28, the 28th session of the Conference of Parties, stands as a pivotal annual event dedicated to
the deliberation and resolution of the pressing issue of climate change. Set to transpire at Dubai
Expo City, United Arab Emirates, from November 30 to December 12, 2023[1], this esteemed
conference spans a duration of thirteen days. By convening global leaders, policymakers, and
experts, COP28 aims to foster cohesive discussions, ascertain viable solutions, and pave the way
towards a sustainable future in the face of environmental challenges.

Agenda
General • Date: November 30 to December 12, 2023
• Venue: Dubai Expo City, UAE
Attendee & • More than 80,000 delegates
Participants • 140 heads of state and government
• Major world leaders
• Leading scientists
• Journalists
• A strong delegation of public stakeholders and members of the public
Matters to • Financing adaptation efforts to address the impacts of climate change
be on vulnerable communities.
discussed • Technology transfer to facilitate the adoption of clean and sustainable
technologies worldwide.
• Capacity-building initiatives to enhance the resilience of communities
most affected by climate change.
• Transitioning to clean and renewable energy sources as a crucial
component of climate action.
• Exploring the role of trade in tackling climate change and promoting
climate-smart growth.
• Supply chain decarbonization to reduce emissions throughout the
production and distribution process.
• Promoting greening initiatives to foster sustainable practices across
various sectors.
• Building resilience to climate change impacts and enhancing adaptive
capacity.
• Addressing the importance of climate justice and equitable access to
resources and opportunities.
• Integrating gender sensitivities in climate policies and actions.
• Recognizing the role of youth in fighting against climate change and
engaging them in decision-making processes.
• Conducting a comprehensive global stocktake to assess progress
towards the goals of the Paris Agreement.
• Establishing a clear plan of action to meet emission reduction targets
and address adaptation, finance, and loss and damage.
<!--Please note that these bullet points provide a concise summary of the matters to be discussed at COP28, based on the information
provided, there may be further adjustments to the event.->

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Expected Outcome and Goals

COP28 holds great significance as it concludes the inaugural Global Stocktake, assessing progress
towards the goals of the Paris Agreement. A pivotal objective at COP28 is to secure an ambitious
political deal to escalate climate action, highlighting the urgent need to limit warming to 1.5 degrees
Celsius and address climate disasters [2]. The COP28 UAE Presidency strives to mobilize a clear plan
of action, emphasizing emission reduction by 43% by 2030 [3] and rectifying adaptation, finance, and
loss and damage challenges.

Current Progress
As COP28 approaches, slated to take place from November 30 to December 12, 2023[1], intense
preparations are underway to assess the current progress in addressing climate change. Discussions
revolve around crucial topics such as adaptation efforts, technology transfer, capacity-building
initiatives, and the transition to clean energy sources. Stakeholders are engaged in evaluating the
advancements made thus far and identifying areas that require further attention. These
deliberations aim to shape comprehensive strategies and policies that reflect the current progress
and foster sustainable solutions to combat climate change. By focusing on the theme of current
progress, COP28 endeavours to build upon existing achievements and drive transformative action
towards a more sustainable future.

Latest updates
The recently concluded Bonn Climate Change Conference served as a preparatory platform for
decisions to be adopted at the upcoming COP28 summit in the United Arab Emirates. Regrettably,
the head of the United Nations' climate body expressed dissatisfaction with the outcome of the
conference, noting that the process was advancing at a sluggish pace, which does not align with the
pressing urgency of the global climate crisis [4].

"Never satisfied. In terms of whether reasonable

progress made. Yes. Was it enough? We will know as we
as we enter the COP28 itself," Simon Stiell, the U.N.
Framework Convention on Climate Change (UNFCCC)
Executive Secretary, told Reuters.”[4]

The Bonn Climate Change Conference, scheduled from 5

to 15 June 2023, serves as a pivotal gathering to advance
discussions on critical issues in the lead-up to COP28 /
CMP18 / CMA5 in the United Arab Emirates in December
[1/2]Executive Secretary of the United Nations Framework
Convention on Climate Change (UNFCCC) Simon Stiell speaks during a 2023. Building upon the mandates established during
news conference at the Copenhagen Climate Ministerial (CCM) at
Eigtveds Pakhus, in Copenhagen, Denmark March 21, 2023. Ritzau COP27 in Egypt the previous year, this conference will
Scanpix/Liselotte Sabroe via REUTERS
feature a multitude of mandated events and provide a
platform to address pressing matters. Key topics of focus
include the global stocktake, global goal on adaptation, just transition, loss and damage, and the
mitigation work programme. The conference aims to make significant progress on these important
issues and prepare draft decisions for adoption at the upcoming COP28 / CMP18 / CMA5 in the
UAE[5].

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References
1. Global Media Insight: "COP28: Global Climate Summit in UAE" (n.d.). Retrieved from
https://www.globalmediainsight.com/blog/cop28-global-climate-summit-uae/
2. The Straits Times: "COP28 outlook soured by climate finance blame game at UN
talks" (n.d.). Retrieved from https://www.straitstimes.com/world/europe/cop28-
outlook-soured-by-climate-finance-blame-game-at-un-talks
3. COP28 Official Website: "COP28 - United Nations Climate Change Conference" (n.d.).
Retrieved from https://www.cop28.com/en/
4. Reuters: "Bonn climate talks prepare for COP28 summit, end with little show" (n.d.).
Retrieved from https://www.reuters.com/business/environment/bonn-climate-
talks-prepare-cop28-summit-end-with-little-show-2023-06-16/
5. United Nations Framework Convention on Climate Change: "SB58 - Subsidiary
Bodies Meetings" (n.d.). Retrieved from https://unfccc.int/sb58

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