COP28 and the Way Forward

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Since the world stepped into the first climate mitigation challenging decade of 2030 with COP26 and COP27 held respectively in 2021 and last year in the UK and Egypt, it has been passing a rugged and terrain road to reach the goal of keeping the world’s temperature below 2C, and ideally, 1.5C by this century.

To do so, countries need to cut Greenhouse Gas (GHG) emissions at least 45% below 2019 levels by 2030, but as being reported by the World Resources Institute (WRI) on key issues to watch at COP28, the accumulated reduction based on the national plans or NDCs could achieve only a 7% reduction so far. Worse, subsidies for fossil fuels, in contrast, rose to a record US$7 trillion in 2022, according to the WRI.

Although some breakthroughs have been made on many fronts at COP28, including the creation of the Loss and Damage Fund, much still remains to be seen, especially the vague term of “transition away” from fossil fuels for the mitigation front rather than phasing out of phasing down fossil fuels. 

The Media Dialogue Forum organised by the Bangkok Tribune News Agency and its partners would like to cordially invite you to take this opportunity to explore these challenges and analyses from concerned experts and policymakers together at Dialogue Forum 6 l Year 4: COP28 and the Way Forward (in Thai) on December 22, 2023, 10 am-12.30 pm at SEA-Junction, BACC’s building (4th Floor).