The first half of COP28 in Dubai has seen both significant achievements and controversies.
A historic loss and damage fund was agreed upon, addressing the destruction caused by climate crises, but the $700 million pledged falls far short of the estimated annual damage costs. The host president, Sultan Al Jaber, faced criticism after suggesting there was “no science” supporting the need to phase out fossil fuels to limit global heating.
Progress on fossil fuel reduction commitments is a key focus, with a draft text published, retaining language on a phase-out but subject to potential deletion. The presence of a record number of fossil fuel lobbyists at the conference raised concerns about industry influence.
Key leaders, including the UK’s King Charles and US Vice President Kamala Harris, made statements, while Brazil aligned itself with OPEC, and Russia’s President Putin discussed geopolitical issues.
The conference aims to chart a course for emissions reduction and climate resilience.