COP28: No Mention Of Fossil Fuel Phase-Out In Draft Deal, OPEC Pushback — Key Events As Climate Summit Comes To A Close

COP28: The Global Stocktake draft deal called for the reduction of fossil fuel consumption and production by 2050, but did not directly refer to a 'phase-out' of fossil fuels.

COP28: Over a period of 12 days, several major announcements from the operationalisation of the loss and damage fund, a pledge to triple renewable energy capacity by 2030, and climate finance promises, were made. A draft deal was released on December 11.

Source : Getty/ABP Live

COP28: The 28th edition of the United Nations Climate Change Conference, or the 28th meeting of the Conference of Parties to the UN Framework Convention on Climate Change (COP28), which started on November 30, 2023, in Dubai, is set to end on December 12, 2023. Over a period of 12 days, several major announcements from the operationalisation of the loss and damage fund, a pledge to triple renewable energy capacity by 2030, an allocation of funds to tackle methane, and other climate finance