Article | Climate Countdown: Global Perspectives and Local Realities
Navigating COP28, National Ambitions, and Environmental Activism
by Sanjaya K. Mishra
In a compelling report, Sharon Kimathi, Energy and ESG Editor at Reuters Digital, brings attention to the countdown to the United Nations Climate Change Conference of the Parties (COP28). EU leaders advocate for a global deal to phase out fossil fuels, stressing the need to limit global temperature increase to 1.5°C. The EU Parliament, through a resolution, calls for halting new investments in fossil fuel extraction.
While Sustainable Switch promises daily updates during COP28, Kimathi highlights the strain of climate reality on economic models and delves into the persistence of global fossil fuel subsidies despite calls for a phase-out. The report also discusses the top UK court ruling on Deliveroo riders' collective bargaining rights.
Underlining the urgency, a United Nations report reveals that countries are off track in meeting emission targets set in the 2015 Paris Agreement, with the trajectory indicating nearly 3°C of warming this century. The EU Parliament's resolution, passed with 462 votes in favor, underscores the need for swift action.