So hashtagcop28uae took place from 30th November to 12th December 2023. Consisting of global conversations on climate change & commitment to hashtagsdg13 in one of the most innovative cities hashtagdubai , known for its glitz and architecture. The irony was not lost on its nexus to the most notorious hashtagfossilfuel , oil. The 28th meeting of the Conference of the Parties (COP) to the UNFCCC UN United Nations Framework Convention on Climate Change was attended by at least 80,000 delegates who included representatives of special communities championing diverse discussions.
Akira Consult had the pipe dream of attending the hashtagcop28uae but in hindsight, we saved the planet our carbon footprint (and our bank account and time) by logging in virtually and attending useful conversations such as those of the UN Global Compact Academy. Here are some of the things we found interesting;
1. From the online polls, there was a mix of both optimism and deflation on the discussions held. This could possibly be due to the fact that there was an expectation that the discussions, moreso on oil would have been less political and inundated with interests based on the theme of the conference.
2. The conversation around hashtagjustenergytransition shall need more than global frameworks, but country commitments and indeed business and personal effort and socialisation of what we all need to do to reach the 1.5degree temparature goal. It was said that we still had a 15% chance of meeting the goal and the role of private enterprise to do hashtagsustainablebusiness could not be emphasized enough.
3. History was made (again) through certain commitments which we hope shall be honored. Some of these included the commitment to move away from fossil fuels in energy systems to achieve hashtagnetzero by 2050. Reported pledges to hashtagclimatefinance to various funds included $12.8Bn to the Green Climate fund.
4. Focus on food Systems and Agriculture was discussed in depth- due to how it is so dependent on climate change.
5. The engagement of Private Sector was noteworthy, as a huge determinant of success for these global frameworks with governments support . Calls for public private partnerships hashtagpps , innovation hubs, renewable energy, climate finance partners and investors and moving away from hashtaggreenwashing .
6. The global stocktake- takes place every five years from the initial Cop21 in 2015 to take stock on the sdgs developed from the hashtagparisagreement . It requires the individual countries to register their progress, recognising that each country moves at its own pace. It was accepted that the global goals were not on track and that countries needed to be more specific with targets, adaptation and mitigation and are to report back in 2025 with their nationally determined contributions hashtagndcs
We commit to grow our competency in sustainability as Akira Consult, reach out on how we can learn and grow our responsibility to hashtagprofitwithpurpose. Happy Holidays!!
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