COP28: Too Little, Too Late

A historic agreement and the death of the Climate Summit.

Gil Pires
The Environment

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Photo by Mika Baumeister on Unsplash.

As far as climate talks go, the 28th UN Climate Summit (COP28) has certainly been remarkable. It accomplished one of the greatest diplomatic breakthroughs in the history of climate activism, while at the same time completely devastating the credibility of the UN Climate Summits as a whole.

The 28th iteration of the famous Climate Conference of the Parties was held between November 30th and December 12th, in the Expo City of Dubai —capital of the most populous emirate of the United Arab Emirates (UAE). And it could not have been off to a better start.

On day one of the summit, the gathering countries launched the Loss and Damage Fund — a fund which aims to minimize the impact of climate change on developing nations. With the UAE at the forefront of the movement pledging $100 million — a donation matched by Italy, France and Germany — the fund gathered a combined total of nearly $700 million.

The United States (US), the second major producer of greenhouse gases in the world, pledged $17.5m.

Source: NRDC. *According to The Guardian, the UK pledged $75m and Denmark pledged $50m.

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