At COP28, much talk but incremental gains
Hindustan TimesAs the climate crisis talks underway in Dubai under the 28th Conference of Parties to the UNFCCC enter the second week of negotiations, all eyes are set on the ministers who have arrived to make national statements. Usually, the climate crisis negotiations do not make much headway in the first week as this period is spent mostly on developing options and outlining the possible deliverables to be included in the outcome text. The Paris Agreement mandates that the first GST of the progress towards the global goal of climate stabilisation at 2 or 1.5 degree above the pre-industrial level will take place in 2023. On the sidelines of the climate talks, several global coalitions have emerged to promote specific agendas in terms of renewable energy, carbon capture and storage, nuclear energy, green hydrogen, emissions from international shipping and aviation etc. Over 120 countries have committed to the global goal of tripling renewable energy capacity to 11,000 GW and doubling the global average annual rate of energy efficiency improvements to more than 4% by 2030.