The inaugural Global Stocktake, unveiled in October 2023, has revealed that the world is falling short in its pursuit of the objectives outlined in the 2015 Paris Agreement. Including :
During COP28, member states of the United Nations will engage in discussions to determine their course of action in response to the stocktake's revelations. We expects the below actions:
A call for action reiterated by the 'State of Climate Action' from the World Economic Forum
The insights provided by the World Economic Forum and Boston Consulting Group (BCG) further underscore the imperative for action. Published in November 2023, "The State of Climate Action" report highlights that the transition to a sustainable, low-carbon economy is not just a moral obligation but a pragmatic economic imperative. It reveals that nations and businesses that embrace sustainable practices are not only contributing to the preservation of the planet but are also poised for economic growth and resilience. The key recommendations from the report are :
As we await the commencement of COP28, the urgency and gravity of the climate crisis cannot be overstated. The Global Stocktake and "The State of Climate Action" reports serve as clarion calls, urging us to act swiftly and decisively. COP28 represents a pivotal juncture in our collective journey towards a sustainable, Net Zero future. It is a moment when leaders from across the globe must come together, set aside differences, and forge a path towards a greener, more prosperous future. The time to act is now, and the world will be watching as COP28 unfolds to put the world back on track to achieve the Climate Agenda to Net Zero.
Author: Hayatte Loukili