When the gavel came down at Cop28 on December 13, it brought delegates to their feet.
After about two weeks of difficult talks that had even threatened to collapse just a few days earlier, it was all over in just a few minutes.
The agreement was historic. It had taken 28 Cops but, for the first time, the role of fossil fuels was directly addressed in the text decision at a UN climate summit.
Countries were called on to “transition away” from fossil fuels in what was arguably the most significant step forward for global climate action since the 2015 Paris agreement.
It seeks to keep the global temperature limit of 1.5°C within reach and avoid the worst effects of climate change.
Cop28 also mobilised more than $85 billion in funding, including a $30 billion fund, Alterra, launched by the UAE. This set the pace for a new era in climate action, and was, by some distance, the most well attended Cop yet, with more than 80,000 registered.
The Cop28 deal was viewed by some, however, as not having gone far enough, although everyone signed up nonetheless.
So what was achieved, does it matter, and what comes next?
The historic Cop28 agreement that answered the sceptics
The final deal that emerged at Cop28 is formally known as the global stocktake, essentially an assessment of how the world is doing in terms of limiting global warming.
The answer was known before Cop28: not good. The UN repeatedly warned that the world is way off track and headed for warming of 3°C which would imperil the lives and livelihoods of billions of people. Burning fossil fuels is the primary driver of the problem.
So could a summit being hosted in an oil-producing country and presided over by the chief of Adnoc deliver? Critics said no. But the UAE had another plan.
Talks about how to address the root cause of the problem dominated the summit. Various iterations of the text appeared throughout with a significantly watered down draft published on December 11 prompting a backlash from many parties, including the EU and vulnerable small island states, for weak language
Intense rounds of talks followed and pushed the summit a full day into overtime before the new draft was issued at about 7am local time.
The deal, which has also been called the "UAE Consensus" calls for “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner … so as to achieve net zero by 2050 in keeping with the science”.
That is a historic first – although in return, there are concessions to developing countries, coal users and gas exporters.
“While we didn’t turn the page on the fossil fuel era in Dubai, this outcome is the beginning of the end,” said Simon Stiell, UN climate change chief.
The deal does not compel countries to end use of fossil fuels, however, and developing countries still need billions, if not trillions of dollars to help move to renewable sources of energy.
What were the other major negotiated outcomes?
The loss and damage fund was brought into operation on the first day of the summit, giving impetus to the talks.
The fund was established at Cop27 and seeks to help vulnerable countries deal with severe effects of climate change, such as major floods.
Countries began to step up and contribute immediately. At least $792 million has been pledged so far.
The Cop28 deal also calls for “accelerated financial support” from rich countries and criticised them for failing to deliver on a long-promised $100 billion pledge.
In the negotiated outcome countries called for a tripling of renewables and double the energy efficiency by 2030, urges peak emissions by 2025; and a global target to halt deforestation by 2030.
UAE-led pledges drive global climate action
Away from the party-driven talks, the UAE sought to push climate action through 11 landmark initiatives on topics such as food systems, health, air conditioning, decarbonising heavy emitting industries and encouraging oil and gas companies to cut emissions.
The UAE Declaration on Agriculture, Food and Climate, for example, was endorsed by 159 countries and called on them to put food at the heart of the climate agenda by linking their agricultural policies to their national emissions and biodiversity plans.
Cop28 provided the first in-depth look at the effects of climate change on health. The UAE declaration on this topic was endorsed by 144 countries and underscored the need to confront the connections between climate change and health.
Other pledges on energy efficiency, hydrogen, methane, climate finance, cooling systems and recovery and peace (making fragile and conflict-affected countries and communities more resilient to climate change) also won widespread support.
Will Cop28 make any difference?
Many who are sceptical of UN climate summits say they are unwieldy. The fact all countries must agree is also viewed as hampering the need for urgent action. However, the summit is also one of the few arenas left where every country, from small island states to superpowers, have an equal voice.
And some summits, such as Cop21 that delivered the Paris agreement, are now considered as being particularly important.
The UN, for example, said the Paris deal has driven "near-universal climate action", according to the UN.
But there remains much to do and a hard road ahead. As Cop28 President Dr Sultan Al Jaber said, the deal will be only as good as its implementation.
“We are what we do, not what we say,” Dr Al Jaber said. “We must take the steps necessary to turn this agreement into tangible action.”
What comes next?
One overarching message from the global stocktake has long been clear – the world is “not yet collectively on track” to slow global warming to 1.5°C to stave off the worst effects of climate change.
The way forward agreed in Dubai is the foundation on which countries are expected to base their next round of national climate plans, due in 2025.
The UAE, Azerbaijan and Brazil – as hosts of Cop28, Cop29 and Cop30 respectively – will work together on a "road map to mission 1.5°C" to push for ambitious targets in those national plans.
At an international level, talks at Cop29 in Azerbaijan, scheduled for November 2024, are expected to focus on raising the finance needed to turn the vision of Dubai into reality.
A key target for Cop29 will be to agree a new funding goal for the developing world. The earlier pledge by rich countries to arrange $100 billion was agreed in 2009, but the money was slow to arrive, damaging trust in the negotiations.
The new goal must "reflect the scale and urgency of the climate challenge", Mr Stiell said, with the cost of implementing green pledges estimated at about $5.9 trillion for the developing world.
The agreed text in Dubai calls on ministers to use Cop29 to help developing countries adapt to climate effects that it may be too late to prevent.
Also to be tackled in 2024 is desertification and drought, which will be discussed at pre-Cop talks in Bonn, Germany, over the summer before a separate summit in Saudi Arabia.
Then at Cop30 in Brazil, two years from now, countries will hand in their homework on their national go-green plans – revealing whether they have followed the spirit of Dubai.
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
ENGLAND SQUAD
Joe Root (captain), Dom Sibley, Rory Burns, Dan Lawrence, Ben Stokes, Ollie Pope, Ben Foakes (wicketkeeper), Moeen Ali, Olly Stone, Chris Woakes, Jack Leach, Stuart Broad
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
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If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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Available at Magrudy’s , Dh104
Stats at a glance:
Cost: 1.05 billion pounds (Dh 4.8 billion)
Number in service: 6
Complement 191 (space for up to 285)
Top speed: over 32 knots
Range: Over 7,000 nautical miles
Length 152.4 m
Displacement: 8,700 tonnes
Beam: 21.2 m
Draught: 7.4 m