COP 28: Things to remember!

byInès Ferrari/18/12/2023 08:28

At the close of the 28th Conference of the Parties (COP 28) in Dubai, representatives from nearly 200 countries reached an historic consensus, unanimously adopting an agreement that marks a significant turning point in the global fight against climate change. The drafting of this document, drawn up after intense negotiations and a whole night of discussions, testifies to the crucial importance that nations attribute to the climate issue, highlighting a new impetus for a more sustainable future.

Context and significance of the Agreement

The agreement adopted at COP 28 in Dubaï is of historic importance, introducing for the first time the principle of phasing out all fossil fuels. This recognition marks a major milestone in the global quest to contain global warming, underlining the ambitious goal of a fair, orderly and just transition away from fossil fuels by 2050, with the ultimate objective of achieving carbon neutrality.

The negotiation process required a delicate balance between the most ambitious countries, advocating an immediate phase-out of fossil fuels, and those economically dependent on these resources. The compromise reached is based on the concept of “transition”, avoiding more categorical terms such as “phase out”. Although the agreement lacks precise targets and dates for phasing out fossil fuels, it maintains the commitment to carbon neutrality by 2050.

Fossil fuel phase-out: a delicate issue

The notion of “transition” in the text of the agreement represents an initial compromise between the most ambitious countries, such as the small island states and the European Union, and those with more reservations, such as the major oil producers, in particular Saudi Arabia. The former wanted a clear mention of the fossil fuel phase-out, while the latter defended their fossil fuel-dependent economic model.

With no quantified target and no specific date for the definitive phase-out of oil, the agreement was able to satisfy the Gulf States. To secure the support of the most ambitious nations, the text reaffirms the goal of carbon neutrality by 2050. At the explicit request of the European Union, it also stresses the urgency of starting to move away from fossil fuels during this “crucial decade”, at a time when the global peak in greenhouse gas emissions linked to these energies has not yet been reached.

Gas as “Transition Energy

A key point of the agreement is to give pledges to developing countries, where almost 800 million people lack access to electricity. The text specifies that the transition to the end of fossil fuels must take place “in a fair, orderly and equitable manner”, implying a different pace for each country.

On the very first day of COP 28, the creation of the “loss and damage” fund formalized compensation for developing countries, which are on the front line in the face of global warming. Although there is no obligation to set an amount, this fund will be replenished by the countries of the North, which have historically emitted greenhouse gases.

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The agreement also recognizes that “transition fuels can play a role in facilitating energy transition while ensuring energy security”. This enigmatic phrase actually authorizes the prolonged use of gas, which is considered a “transitional” energy rather than a fossil fuel. .This provision is aimed directly at satisfying the main gas producers, led by Russia and the United States, but raises questions about a total phase-out of fossil fuels.

Ambitious targets for renewable energies and energy efficiency

Focusing exclusively on the issue of energy, the COP 28 agreement sets an ambitious target of tripling renewable energy production by 2030. In less than ten years, global capacity is set to rise from 3,400 to 11,000 gigawatts, marking a significant transition to more sustainable energy sources.

At the same time, countries have pledged to double their efforts in the area of energy efficiency, a term that refers to the ratio between the amount of energy produced and the amount consumed. This dual approach aims to radically transform the way the world produces and consumes energy, balancing the need to meet growing energy needs with the responsibility to reduce greenhouse gas emissions.

Technological Innovation at the Heart of Transition

The COP 28 agreement also relies on technological innovations to limit greenhouse gas emissions. The text calls for an “acceleration of zero- or low-emission technologies”, including low-carbon hydrogen and carbon capture and storage. While low-carbon hydrogen opens up promising prospects as a clean energy source, carbon capture and storage remains a controversial measure due to its high cost and environmental impact.

Carbon capture and storage (CCS), which consists in limiting emissions by capturing and storing them underground, is particularly favored by oil-producing countries as a way of continuing to exploit hydrocarbons while offsetting their emissions. However, concerns remain about the effectiveness and sustainability of this technology, underlining the need for a thorough assessment of its potential and long-term consequences.

Formal recognition of Nuclear Energy

Finally, the text of the agreement explicitly mentions nuclear energy, already the subject of a prior agreement between some twenty countries (including France, the United States and the Emirates). This agreement calls for a tripling of the world’s nuclear energy capacity by 2050. The official recognition of the importance of nuclear deployment in the final agreement was welcomed by leaders such as Emmanuel Macron and Agnès Pannier-Runacher, underlining its consistency with French energy strategy.

The French Minister for Energy Transition, Agnès Pannier-Runacher, stated from Dubai that “the draft agreement is therefore fully consistent with French strategy and the future multiannual energy plan”. This formal recognition of nuclear power in the COP 28 agreement reflects a significant change in the world’s perception of this controversial energy source.

Towards a Sustainable Energy Future

In conclusion, the historic agreement reached at COP 28 in Dubai marks a significant step towards a sustainable energy future. The unprecedented mention of the phasing out of fossil fuels, the commitment to carbon neutrality, the strengthening of renewable energies, increased energy efficiency, the encouragement of technological innovation and the formal recognition of nuclear power all form part of an ambitious roadmap to meet the pressing challenges of climate change.

However, questions remain as to the effective implementation of these commitments, monitoring mechanisms and incentives to ensure compliance by nations. The transition to a more sustainable energy model will require continued international cooperation, massive investment in sustainable infrastructure, and rapid adaptation to emerging technological developments.

The COP 28 agreement, while representing an important milestone, is only one step on the arduous road to a truly sustainable future. The global community must now turn these commitments into concrete action, creating the conditions for a future where energy is both abundant, accessible and environmentally friendly.

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Tags :AGEC, COP28, circulareconomy, commitment, ecologicaltransition, ecology, environment, impact, recycling, sustainabledevelopment, zerowaste

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Formal recognition of Nuclear Energy

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With the circular economy in mind, CircularPlace has developed a marketplacewhich allows you to sell your equipment, goods and unsold non-food items between professionals, and puts you in touch with voluntary organisations to recover your products.

Don’t throw away any more, opt for the second hand!

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