Bengaluru: The 28th edition of the world’s largest climate conference — the Conference of Parties (COP28) — kicked off at the city of Dubai in UAE on Thursday, November 30.
Experts, activists and scientists have noted that this year’s COP is a crucial one in several aspects. Soaring temperatures broke world records this year. The COP will be crucial in setting new actions towards limiting global warming to under 1.5°C when compared to pre-industrial levels, including discussing actions based on the results of the first Global Stocktake.
Many countries in the Global South, including India and Pakistan – which have fewer economic and technical resources to deal with climate change and its impacts and have contributed lesser than developed countries have to climate change – are bearing the brunt of changing weather, including extreme weather events such as intense bouts of rainfall, floods and droughts. A decision on the details of the Loss and Damage Fund – which will include funds from developed countries to implement adaptation and mitigation measures to tackle the impacts of climate change in least-developed and developing countries – is expected to be taken at this COP.
And the first day of COP28 was witness to the formal announcement of this fund. Several countries including Japan and Germany have contributed to the fund already, which has received pledges of more than US$400 million so far. India inaugurated its COP28 pavilion on the first day. A report released by the World Meteorological Organisation on November 30 revealed that 2023 is set to be the warmest year ever, and the last nine years have been the warmest so far.
But while the formal announcement of the Loss and Damage Fund is good news, COP28 has already been marred by numerous controversies – including the appointment of the CEO of UAE’s Abu Dhabi National Oil Company (ADNOC) as the president designate of the COP, and reports of UAE using their position as host of this year’s COP to further fossil fuel extraction in several countries. The COP28 president, however, has refuted these allegations.
COP28 kicks off
The UN Framework Convention for Climate Change’s (UNFCCC) annual Conference of Parties, or the COP, is where world leaders and country representatives discuss, negotiate and decide on the actions that can be taken to tackle climate change and limit global warming to 1.5°C, as per the Paris Agreement of 2015. The 28th edition of the COP kicked off on November 30 at Dubai in the United Arab Emirates. Around 180 heads of states, world leaders and government representatives will take part in COP28, including India’s union environment minister Bhupender Yadav and Prime Minister Narendra Modi. Nearly 1,00,000 delegates are registered to attend the event and around 4,00,000 visitors are expected at the “green zone” area of business and technology exhibitions adjoining the summit, per a report. An estimated 170 ‘agenda items’ will be dealt with across multiple negotiation tracks and discussions.
This year’s COP will be a particularly crucial one, experts have stressed. Soaring temperatures, which experts attribute to climate change, broke world records this year. The current year is set to be the hottest year on record. Global warming has also resulted in more changes in weather patterns, and more extreme weather events such as intense bouts of rainfall, floods and droughts. The time to cut down on greenhouse gas emissions is right here, and right now, experts have stressed. COP28, therefore, will be crucial in setting new actions towards this goal. The Wire reported on November 21 about how a recent analysis by the UN – the UN Emissions Gap Report – has estimated that the world will need to cut emissions by 28% by 2030 to achieve the goal of limiting warming to 2°C as per the Paris Agreement, and by 42% to achieve the 1.5°C goal. Drastic steps will need to be taken to achieve this.
Simon Steill, executive secretary of the United Nations, in his opening speech at the plenary talks of COP28 on November 30 said that we are taking “baby steps”.
“Stepping far too slowly from an unstable world that lacks resilience, to working out the best responses to the complex impacts we are facing,” he said. “We must teach climate action to run. Because this has been the hottest year ever for humanity. So many terrifying records were broken. We are paying with peoples’ lives and livelihoods.”
“We must teach climate action to run,” said @SimonStiell, @UNFCCC Executive Secretary, during the Opening Plenary of COP28, reiterating the need to accelerate climate action.#COP28 #UniteActDeliver pic.twitter.com/yQYaZ6OQ8u
— COP28 UAE (@COP28_UAE) November 30, 2023
Loss and Damage Fund is formally approved
In a huge victory for small island states and developing and least-developed countries, the first day of COP28 witnessed the formal approval of the financial mechanisms of the Loss and Damage Fund.
These are countries particularly vulnerable to climate change that has caused impacts including numerous changes in weather patterns. Many in the Global South, including India, Pakistan and Bangladesh are witnessing an increasing number and intensity of extreme weather events such as intense bouts of rainfall, floods and heat waves. For instance, the total GDP loss to India in 2022 is around 8% compared to a world without climate change, per a new report released today by the University of Delaware that analysed the estimated current GDP and capital wealth losses from climate change. As of 2022, India has also suffered a cumulative decrease of 7.9% in capital wealth, mostly due to climate impacts to human-produced capital (such as on infrastructure). Including GDP and capital effects over 30 years since 1992 (the Rio Convention), the total economic loss is estimated at USD 3,555 billion. Per the report, climate change has already caused a global loss of 1.8% of GDP, or USD 1.5 trillion, in 2022.
But while some of these losses caused by climate change are tangible, many others – such as the mental health repercussions caused by peoples’ migrations due to climate change events for example – are not. Many of these countries which are more vulnerable to the impacts of climate change have also contributed far lesser than developed countries have to historical greenhouse emissions.
All developing countries “that are particularly vulnerable to the adverse effects of climate change in responding to economic and non- economic loss and damage associated with the adverse effects of climate change, including extreme weather events and slow onset events” can directly access resources from the loss and damage fund, countries agreed on Day One of COP28, as listed in the UNFCCC document. The Fund will be serviced by a “new, dedicated and independent secretariat” and will be hosted by the World Bank for a period of four years.
It will be governed and supervised by a Board (which will be the decision-making body) of 26 members including 12 members from developed countries, three members from the Asia Pacific states and one member from a developing country that is not part of some of the categories mentioned in the list. Observers will also be permitted to attend the Fund’s meetings, and they can also develop and carry out an observer accreditation process, per the document. Funds will be operated through a resource allocation system that prioritises the needs of developing countries that are particularly vulnerable to the adverse effects of climate change, and accounts for the scale of impacts of climate events “relative to national circumstances”. It will also have a minimum percentage allocation floor for the least developed countries and small island developing States.
So far, several nations including Japan, the United Kingdom and the European Union have pledged more than 400 million in total to the Fund and more is expected, said COP28 president Al-Jaber. The threshold to operationalise the fund was USD 200 million, but it has “reached north of $400 and more in the coming days”, he said.
This is the moment Parties collectively agreed to operationalize Loss and Damage.
Over $420 million was pledged, within an hour of the decision, demonstrating the collective political will to support those most vulnerable to climate change. pic.twitter.com/w6r97qc9SO
— COP28 UAE (@COP28_UAE) November 30, 2023
“The Presidency’s main focus is on translating visions and aspirations into real practical actions that will make a difference. Next is the realisation of the GST,” he said.
“Getting this done and over the line is a clear demonstration of our determination,” Al-Jaber added. “When we commit we deliver and that will be the DNA of COP28.”
“This is a hard fought historic agreement,” said Avinash Persaud, developing country negotiator and special climate envoy to Barbados and PM Mia Mottley. “It shows recognition that climate loss and damage is not a distant risk but part of the lived reality of almost half of the world’s population and that money is needed to reconstruct and rehabilitate if we are not to let the climate crisis reverse decades of development in mere moments.”
India’s union environment minister Bhupender Yadav called the “operationalisation” of the Loss and Damage Fund a “positive signal” and a “landmark decision”.
“A positive signal of momentum from COP28 in UAE on the first day itself,” Yadav tweeted. “Landmark decision on operationalisation of the Loss and Damage Fund was adopted in the opening plenary of COP28. India strongly supports the decision to operationalise the Loss and Damage Fund.”
A positive signal of momentum from COP28 in UAE on the first day itself.
Landmark decision on operationalisation of the Loss and Damage Fund was adopted in the opening plenary of COP28.
India strongly supports the decision to operationalise the Loss and Damage Fund.… pic.twitter.com/JqpEXVsTC4
— Bhupender Yadav (@byadavbjp) November 30, 2023
However, amid the historic decision to operationalise the Loss and Damage Fund within a year of its establishment, addressing underlying concerns becomes critical, commented Harjeet Singh, head of global political strategy at Climate Action Network.
“On one hand, rich countries have pushed for the World Bank to host this Fund under the guise of ensuring a speedy response,” he said. “Conversely, they have attempted to dilute their financial obligations and resisted defining a clear finance mobilisation scale…The absence of a defined replenishment cycle raises serious questions about the Fund’s long-term sustainability. Therefore, a robust system, particularly integrated with the Global Stocktake process and the new climate finance goal, is needed to ensure that COP28 results in a meaningful outcome.”
Affluent nations must meet their financial obligations in a “manner proportionate to their role in the climate crisis, which has been primarily driven by decades of unrestrained fossil fuel consumption and a lack of adequate climate finance delivered to the Global South”, he added.
Last nine years have been the warmest ever: WMO report
The World Meteorological Organisation’s provisional State of the Global Climate report, published on November 30 to inform negotiations at COP28 in Dubai, confirmed that 2023 is set to be the warmest year on record. Data until the end of October shows that the year was about 1.4 Degrees Celsius above the pre-industrial 1850-1900 baseline, it said. The past nine years – 2015 to 2023 – have been the warmest ever.
“Greenhouse gas levels are record high. Global temperatures are record high. Sea level rise is record high. Antarctic sea ice is record low. It’s a deafening cacophony of broken records,” said WMO Secretary-General Prof. Petteri Taalas.
The 2023 WMO report rings a dire warning for India, underlining the stark reality of a planet in crisis, said Anjal Prakash, Clinical Associate Professor (Research) and Research Director, Bharti Institute of Public Policy, Indian School of Business and an IPCC author.
“Unprecedented heatwaves, soaring greenhouse gas levels, and alarming declines in Antarctic Sea ice demand urgent attention,” he said. “India faces severe repercussions as rising temperatures exacerbate heatwaves, impacting agriculture, water resources, and public health. The heightened risk of extreme weather events, floods, and cyclones poses a direct threat to vulnerable communities.”
As we approach COP28, India stands at a crossroads where immediate and decisive actions, including ramping up renewable energy, are imperative to safeguard our nation’s future, he added. “The 1.5-degree limit remains achievable, provided leaders prioritise sustainable policies over short-term gains. Let this report serve as a call to action for India and the world, recognising that the choices we make today will determine the well-being of generations to come.”
India and COP28
India inaugurated its COP28 pavilion on November 30.
“In keeping with our civilisational ethos, India has always laid emphasis on climate action even as we pursue social and economic development,” India’s Prime Minister Narendra Modi said in a press release on November 30, just before setting off to attend COP28.
Leaving for Dubai, where I will take part in the COP-28 Summit. This forum will witness important deliberations to strengthen the efforts to overcome climate change and further sustainable development. I will also be interacting with various world leaders on the sidelines of the…
— Narendra Modi (@narendramodi) November 30, 2023
“During our G20 Presidency, climate was high on our priority,” he said in the press release. “The New Delhi Leaders’ Declaration includes numerous concrete steps on climate action and sustainable development. I look forward to the COP-28 taking forward the consensus on these issues.”
However, leaders at the G20 summit – which India hosted in September this year – failed to reach a consensus on several aspects of climate action.
COP28 will also provide an opportunity to review progress made under the Paris Agreement, and chart a path for the “future course on climate action”, the PM said in his release.
“At the Voice of Global South Summit convened by India, the Global South spoke for the need for climate action based on the principles of equity, climate justice, and common but differentiated responsibilities, as well as a greater focus on adaptation. It is important that efforts of the developing world be supported with adequate climate financing and technology transfer. They must have access to equitable carbon and development space to achieve sustainable development.”
This year, for the first time in the history of COPs, health is on the agenda. An entire day – December 3 – will be dedicated to discussions on health alone. However, while 70 countries are sending their ministers, there is no official communication from the Indian government yet on whether India’s representatives will be at this crucial meeting, reported the New Indian Express.
India expects a “clear roadmap” on climate finance at the ongoing COP28 in Dubai, Foreign Secretary Vinay Kwatra said on November 30, reported PTI.
COP28: Already mired in controversy
The 28th annual climate change conference, however, is already mired in controversy, as reports reveal.
First, the appointment of Sultan Ahmed Al-Jaber as the president-designate of this year’s COP raised heavy criticism. Al Jaber is UAE’s Minister of Industry and Advanced Technology, as well as CEO of ADNOC, the Abu Dhabi National Oil Company. Activists called the move “deeply problematic” and have criticised the appointment saying it is in direct conflict of interest to the COP, as The Wire reported in January this year. Incidentally, on January 1, ADNOC formed a new gas company by merging its gas and LNG joint ventures with international oil companies to expand its international presence.
More recently, leaked documents revealed that the UAE planned to use its role as the host of UN climate talks as an opportunity to strike oil and gas deals with 15 nations, the BBC reported. In their report published three days ago, it said that the documents revealed that ADNOC is willing to work with these governments, including Colombia, to develop fossil fuel projects in these countries.
Al-Jaber, however, has refuted the allegations.
Calling the allegations “false, not true, incorrect and not accurate” at a media briefing on November 29, Al-Jaber said that the UAE did not need the COP or the COP presidency to establish commercial oil deals.