COP28 UAE consensus to accelerate climate action - Share your thoughts!
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13 December 2023
Today, the Conference of the Parties to the United Nations Climate Change Conference (COP28) concluded in Dubai with an agreement by 198 Parties to deliver a new era of climate action, called 'The UAE Consensus'.
Major commitments contained in the final negotiated text include:
- An ambitious climate agenda to keep 1.5°C within reach.
- An unprecedented reference to transitioning away from all fossil fuels to enable the world to reach net zero by 2050.
- A significant step forward in the expectations for the next round of Nationally Determined Contributions (NDCs) by encouraging “economy-wide emission reduction targets.”
- Building momentum behind the financial architecture reform agenda, recognizing the role of credit rating agencies for the first time, and calling for a scale up of concessional and grant finance.
- A new, specific target to triple renewables and double energy efficiency by 2030.
- Recognizing the need to significantly scale up adaptation finance beyond the doubling to meet urgent and evolving needs.
We invite you to share your thoughts in the comments section. Let's have a meaningful discussion about this important milestone for our Global Climate Action Agenda!
Download the summary report prepared by the UNFCCC secretariat, presenting key outcomes of the COP28.
For further support to integrate climate change concerns into the EU international cooperation, contact: INTPA-GREENING-FACILITY@ec.europa.eu | NEAR-GREENING-FACILITY@ec.europa.eu
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