What can we expect from COP28?

Less than 12 months on from the conclusion of COP27 in Egypt, world leaders, climate groups and companies are gathering in the UAE for UN climate talks, in the midst of more warnings that we are running out of time to deliver our climate goals.

After COP27 in Sharm El Sheik delivered maintained intentions to limit global warming to 1.5oC, holding businesses and institutions to account, all eyes are now on Expo City Dubai between November 28 and December 12 to offer a path forward to curb global emissions.

COP28 is planned to hammer out details of how the previously agreed loss and damage finance facility to help vulnerable communities deal with climate impacts; drive forward a global goal on finance to help fund developing countries’ efforts to address climate change; accelerate both an energy and just transition; and closing the emissions gap.

It also comes as the UAE looks to position itself as a leader in both renewable energy and hydrogen. In July (2023), the government approved its energy and hydrogen strategies, where it said it would invest between $40bn and $54.4bn in all energy up to 2030.

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