Context: COP28 in Dubai concluded with landmark UAE Consensus to transition away from fossil fuels.
Key Milestones and Agreements at COP28 for UAE Consensus: A Turning Point for Global Climate Action
Watershed Moment: For the first time, world leaders decided on a historic set of steps to take in order to reach the 1.5 degree Celsius goal at the COP28 Summit in Dubai.
Action Agenda: Key achievements under the Action Agenda include:
Endorsement of the ‘COP28 UAE Declaration on Agriculture, Food, & Climate‘, embedding sustainable agriculture and food systems in climate change responses.
The ‘COP28 UAE Declaration on Climate and Health, accelerates the development of climate-resilient, sustainable, and equitable health systems.
The Global Decarbonization Accelerator (GDA) introduced initiatives such as the Global Renewables and Energy Efficiency Pledge and the Oil and Gas Decarbonization Charter.
Pillar of Paris Agreement: Decisive steps were taken across four pillars of the Paris Agreement:
Fast-tracking a just energy transition.
Fixing climate finance
Focusing on people and nature.
Fostering inclusivity in climate action.
UAE Consensus: Upon ending, the COP28 discussions gave birth to the UAE Consensus.
UAE Consensus: Charting a Path to Net Zero by 2050
UAE Consensus: It is a comprehensive document that calls for a transition away from fossil fuels to achieve net zero by 2050.
UAE Consensus: A Triumph for Global Climate Diplomacy
A historic set of measures outlining a plan to keep global temperatures below 1.5 degrees Celsius has been described as a victory for multilateralism and climate diplomacy.
Broadbased Participation: 198 participating Parties reached the landmark agreement.
It encourages Parties to submit economy-wide Nationally Determined Contributions (NDCs) and sets specific targets, including tripling renewables and doubling energy efficiency by 2030.
Renewed Focus on Climate Finance: The agreement also paves the way for a new architecture for climate finance and building momentum toward a sustainable future.
Inclusion of Methane: The Consensus is the first to talk about methane, a greenhouse gas that isn’t carbon dioxide but is more potent in its heat-trapping effect than carbon dioxide.
Challenges in the UAE Consensus: Loopholes, Transition Fuels, and Differentiation Dilemmas
Presence of Loopholes: There is a presence of significant loopholes which may allow the United States and other fossil fuel-producing countries to keep going on their expansion of fossil fuels.
Transition Fuels: The text gave natural gas a free pass because it has lower carbon emissions than coal. It was called a “transition gas” that countries could rely on as they switched to green energy.
The reference to “transitional fuels” explicitly gives gas producing countries the licence to sell more gas rather than invest in renewable energy.
It also ignores developed countries for not making up the difference in funding so far, even though it says the gap in funding for adaptation is “widening.”
Lack of Differentiation: There is no differentiation in the text on industrial and agricultural methane emission, which could be bones of contention for the future.
Comprehensive coverage with a concise format Integration of PYQ within the booklet Designed as per recent trends of Prelims questions हिंदी में भी उपलब्ध
Quick Revise Now ! UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format Integration of PYQ within the booklet Designed as per recent trends of Prelims questions हिंदी में भी उपलब्ध
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