COP28 resolution: The key points at a glance
The new resolution from COP28 is considerably tougher than the first draft which caused consternation among many of the delegates at the conference.
Although not legally binding, it is the first time in almost 30 years of UN climate summits that countries have agreed to move away from fossil fuels.
This year’s COP president Sultan al-Jaber described it as “historic”, while small island states on the frontline of the climate crisis will leave disappointed by the commitment to “transition away” – not “phase out” or “phase down” as they suggested.
Here are the key points:
• Tripling renewable energy capacity globally and doubling the global average annual rate of energy efficiency improvements by 2030;
• Rapidly phasing down unabated coal and limiting the permitting of new and unabated coal power generation;
• Accelerating efforts globally towards net zero emissions energy systems, utilising zero and low carbon fuels well before or by around mid-century;
• Transitioning away from fossil fuels in our energy systems, beginning in this decade, in a just, orderly and equitable manner so as to achieve net zero by 2050 in keeping with the science;
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• Accelerating zero and low emissions technologies, including, inter alia, renewables, nuclear, abatement and removal technologies, such as carbon capture and utilisation and storage particularly in hard to abate sectors, and low carbon hydrogen production, so as to enhance efforts towards substitution of unabated fossil fuels in energy systems.
• Accelerating and substantially reducing non-CO2 emissions, including, in particular, methane emissions globally by 2030;
• Accelerating emissions reductions from road transport through a range of pathways, including development of infrastructure and rapid deployment of zero emission vehicles;
• Phasing out of inefficient fossil fuel subsidies that do not address energy poverty or just transitions, as soon as possible.
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