Source: The post is based on the article “COP 28: India has a critical role in Dubai climate conference” published in “The Hindu” on 18th November 2023
Why in the News?
COP 28 is going to take place in Dubai, United Arab Emirates from 30 November until 12 December 2023.
What is COP?
1) COP stands for Conference of Parties.
2) It is the apex decision-making body of the United Nations Climate Change Framework Convention (UNFCCC).
3) COP happens every year, unless otherwise agreed by the parties.
4) Every COP is hosted in a different region based on a rotational schedule between the five United Nations regional groups: The African Group, the Asia-Pacific Group, the Eastern Europe Group, the Latin American and Caribbean Group (GRULAC) and the Western European and Others Group (WEOG).
5) The first conference (COP1) was held in 1995 in Berlin. Due to the COVID-19 pandemic, COP26 which was to be held in 2020 was postponed until 2021.The COP 27 was held in Sharm El Sheikh, Egypt.
Why is COP important?
1) The conference is an important platform for nations to discuss and reach a consensus on how to protect the world.
2) The aim of these conferences is to compel world leaders to take actionable measures to prevent the global rise of temperatures above 1.5ºC.
Where is COP 28 going to be held?
Hosted by: United Arab Emirates (UAE)
Discussions at COP 28:
1) Figuring out the details of the loss and damage finance facility to help vulnerable communities deal with immediate climate impacts.
2) Working towards a global goal on finance that would help fund developing countries’ efforts in addressing climate change.
3) Accelerating shift to cleaner energy sources and ensuring fairness in the transition process.
4) Focusing on reducing the huge difference between current emissions and what’s needed for a sustainable future.
5) The first-ever global stocktake will conclude at COP 28.
Note: Global Stocktake is mentioned under Art 14 (1) of the Paris Agreement. It is a process for countries and stakeholders to see where they’re collectively making progress towards meeting the goals of the Paris Climate Change Agreement – and where they’re not.
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