Live updates: Follow the latest news on Cop28
The World Climate Action Summit has finished, the leaders have left and, on Sunday, the crucial talks move to the next phase. Cop28 has reached day four.
The summit has seen so far a series of striking pledges on finance, food systems, renewable energy, cutting use of coal, backing the use of nuclear power, and vows from major oil and gas companies to cut C02 and methane that have garnered international support. At least $1 billion in grant funding will also go towards efforts to reduce the amount of methane in the Earth's atmosphere.
The pledges are separate from the consensus-driven negotiations at the heart of the Cop, which are continuing at the Expo City Dubai venue.
So what has happened so far and what can we expect over the next few days?
Promising start
Dr Sultan Al Jaber, Cop28 President, led the opening session on Thursday that launched the loss and damage fund with countries then stepping up with financial pledges.
The same session saw the early adaptation of the Cop28 agenda. Cop delegates often frequently squabble over this, delaying crucial talks, so the move meant negotiations could begin from day one.
By Friday, a first early draft text of the “global stocktake” was out.
The stocktake is the world’s first assessment of the Paris deal that aims to try to keep temperatures from rising by 1.5ºC above pre-industrial levels. The text was very basic but did leave open options on fossil fuels, which are expected to be one of the key sticking points in any eventual agreement.
Cop28 is also on track to be the biggest ever with UNFCCC data showing more than 80,000 registrations to attend.
Raising ambition
Global leaders endorsed a UAE declaration on food and climate action, while a separate $30 billion climate finance pledge was made by the UAE that aims to find solutions to the world's funding challenges.
The food initiative included a vow to cut emissions from farming – about a third of the world’s greenhouse gas footprint – by shifting to a more climate friendly way of operating.
There was a series of other announcements. Fifty oil and gas companies, representing more than 40 per cent of global oil production, made pledges on methane and carbon dioxide on Saturday while around 116 countries committed on Saturday to triple renewable energy capacity worldwide by 2030. It was also announced that countries, philanthropies, and industry unveiled over $1bn in grant funding for methane reduction.
Negotiating teams
The two-day World Climate Action Summit that concluded on Saturday drew leaders and royalty from around the world. The speeches grab the headlines but they are also important in galvanising the negotiation teams.
King Charles of Britain said he was praying “with all my heart” that Cop28 would be a “critical turning point” in the fight against climate change.
UN Secretary General Antonio Guterres urged countries to stop burning fossil fuels, while Brazil’s President Luiz Inacio Lula da Silva rebuked those who were spending a fraction on climate compared with weapons.
Difficult talks
Negotiations among the close to 200 parties are at the heart of every Cop. These take place in rooms off limits to the public, where talks often continue long into the night. They are consensus driven, meaning every party must agree, and are separate to the pledges.
We already know teams are working on the stocktake text. This is likely to undergo numerous revisions before the end of Cop before an agreement – if any – is made.
Cop28 might also see some of separate political declaration on the stocktake but it remains to be seen what negotiated outcome will emerge or what form it will take.
Cops also tend to feature what is known as a cover decision. This is usually an announcement made at the conclusion of the summit that outlines what has been achieved by the parties. Last year’s cover decision included an agreement to establish a loss and damage fund.
The Cop28 Presidency has said this is not mandatory and it is up to the parties to decide if one is needed. Again it remains to be seen how this will play out as a cover decision may not be needed if a stocktake text is agreed. Negotiators will now step up efforts to reach agreement on issues from fossil fuels to finance before ministers typically arrive in the summit’s closing days to clinch a deal.
“It is essential that countries agree to ramp up investment in clean technologies and infrastructure, particularly in emerging market and developing countries,” said Bob Ward, policy director at the Grantham Institute for Climate Change at the London School of Economics.
“They should also agree to an ambitious date for the phase out of all fossil fuel consumption which results in the release of carbon dioxide into the atmosphere. It might be difficult to reach agreement on these issues, but they are an essential response to the deeply worrying main finding of the global stocktake that the world is way off track from meeting the goals of the Paris Agreement.”
Thematic agenda begins
Sunday marks the start of seven themed days looking at crucial climate issues. It begins with the first in-depth look at a Cop on the impact of the crisis on human health.
The spotlight turns to finance on Monday and then to energy, a “just transition” and indigenous peoples on Tuesday.
This continues until the final two days of the summit, December 11 and 12, which are reserved exclusively for negotiations.
Also expected over the next few days are protests by climate advocates from the across the world.
The Cop president has said the UAE is welcoming all voices to the summit.
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The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now
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At a glance - Zayed Sustainability Prize 2020
Launched: 2008
Categories: Health, energy, water, food, global high schools
Prize: Dh2.2 million (Dh360,000 for global high schools category)
Winners’ announcement: Monday, January 13
Impact in numbers
335 million people positively impacted by projects
430,000 jobs created
10 million people given access to clean and affordable drinking water
50 million homes powered by renewable energy
6.5 billion litres of water saved
26 million school children given solar lighting
hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
'Saand Ki Aankh'
Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars
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WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Sweet%20Tooth
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SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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The%20specs%3A%202024%20Mercedes%20E200
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
SERIE A FIXTURES
Friday Sassuolo v Benevento (Kick-off 11.45pm)
Saturday Crotone v Spezia (6pm), Torino v Udinese (9pm), Lazio v Verona (11.45pm)
Sunday Cagliari v Inter Milan (3.30pm), Atalanta v Fiorentina (6pm), Napoli v Sampdoria (6pm), Bologna v Roma (6pm), Genoa v Juventus (9pm), AC Milan v Parma (11.45pm)
LOS ANGELES GALAXY 2 MANCHESTER UNITED 5
Galaxy: Dos Santos (79', 88')
United: Rashford (2', 20'), Fellaini (26'), Mkhitaryan (67'), Martial (72')
KILLING OF QASSEM SULEIMANI