Thursday, December 14, 2023

COP28 - a qualified success?

For better or worse, depending on who you speak to, the COP28 climate summit has ground, belatedly, to a halt. It hasn't been the unqualified success some wanted - realistically, it was never going to be that, notwithstanding the fact that one person's success is another person's failure - but neither has it been a complete write-off. There have been some positive developments, even if the big stuff didn't really get done. So many competing interests, and we are definitely not all rowing in the same direction, or with the same enthusiasm. 

So, what went right? 

  • Over 150 countries signed on to the Global Methane Pledge, to significantly cut methane levels by 2030.
  • A commitment was made to triple global renewable energy production, and to double the rate of energy efficiency improvements, by 2030.
  • More money has been promised for the loss and damage fund for poorer countries directly feeling the effects of climate change.

Well, OK, all well and good, although none of this is actually enforceable.

So, what went wrong, then?

  • There was no commitment to cut methane from the largest single source: agriculture, particularly cattle-raising.
  • Despite early enthusiasm for a complete "phase out" of fossil fuels (over 100 countries were willing to sign up for that), the final declaration got watered down to "transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner", and "phasing out inefficient fossil fuel subsidies that do not address energy poverty or just transitions, as soon as possible". But there were still no specific timelines, benchmarks or investment goals, and the agreement is entirely non-binding, although, arguably, at least fossil fuels were mentioned this time.
  • The goal to limit warming to 1.5°C looks to be gone, and the window of opportunity almost completely closed.

Groupings like the Alliance of Small Island States are furious and most environmental groups feel like they've been sold out. But oil producing nations feel like they've given away more than enough, and they will probably see this conference as a win insofar as it is not more restrictive. 

So, should we take COP28 as a win, overall? Maybe "qualified success' is about where we are.

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