Browsing: Paris Climate Agreement

• COP28, which will attract over 70,000 attendees will center on Africa’s specific problems and demands.
• Africa will be focusing on four main issues: getting developing nations to agree to climate finance, fixing the loss and damage fund, getting fossil fuels out of the system, and making sure everyone has a fair chance to transition to low-carbon future.
• At COP28, world leaders will talk about how to finance climate action by attracting private investment from emerging and developing economies.

From November 30–December 12, 2023, in Dubai, UAE, will be held the forthcoming COP28 meeting, which will mark the beginning of a new age in climate financing. The climate finance conference, which is projected to attract over 70,000 attendees—including heads of state, government officials, and other stakeholders—will center on Africa’s specific problems and demands.

The Priorities of Africa at COP28 on Climate Financing

At COP28, Africa will be focusing on four main …

Potential presidential elect, Joe Biden, took to Twitter to express his administration’s desire to rejoin the Paris climate agreement as soon as he gets into office. The announcement comes on the heels of the official exit of the US from the agreement. While Trump announced his exit from the agreement years ago, the actual process took much longer.

As part of his campaign, the Democratic candidate submitted a plan involving $1.7 trillion costs to see the US becoming a net-zero carbon emitter by 2050. The US is currently the second-largest emitter of carbon in the world

What is the Paris Climate Agreement?

To keep global warming on the planet below 1.5 °C, emissions of carbon around the world have to go down to net-zero by 2050. According to the Intergovernmental Panel on Climate Change (IPCC), even a 0.5°C increase in temperature could lead to devastating effects such as droughts, …