THE UAE CONSENSUS

Summary

COP28, hosted by the UAE, addressed the critical challenge of accelerating global climate action and keeping the 1.5°C target within reach, amidst growing climate change impacts. The approach centered on forging the 'UAE Consensus,' a landmark agreement that mandates transitioning away from fossil fuels, tripling renewable energy, and doubling energy efficiency by 2030, alongside significant financial commitments for adaptation and loss & damage. While the consensus and initial funding have been delivered, follow-up actions and materialization of commitments are in progress, marking the commencement of a new era of intensified climate action.

Key Facts

Source Document

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