But do these meetings yield any actionable goals, or are they political facades put up to make empty promises with no real intent behind them? COP27, for example, ambitiously set up a Loss and Damage Fund to compensate poorer countries for the climate change related destruction they had little part in causing. While this act was greatly lauded, the fund was not immediately established. In fact, the United States and United Kingdom both said reparations were off the table entirely. Nations only agreed to form a transitional committee to define the structure and financial obligations for a loss and damage fund. The committee will present its findings at COP 28 in November 2023. Of late, the race against climate change has become a race against time itself. These conferences do take steps, but they are so small and so carefully taken that they may make no difference at all in the burgeoning storm that is climate change.
Contact Sales:
Europe
+49-89-122500950
Americas
+1-408-6220456
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Services
Recent Insights
The Energy Agenda at COP28
The themes at this year’s UN Conference of Parties- COP28- range all the way from Accountability to Urbanization and Built Environment. The agenda...
COP28: Climate Concerns to Address in 2023
From flash flooding to heat waves, each progressing year is a reminder that climate change is no longer a threat that looms on the horizon, but...
Plug&Charge: Revolutionizing Electric Vehicle Charging- Part 2
The benefits of incorporating Plug&Charge include streamlined user experience, enhanced security, accelerated EV adoption, universal...