Summary

In this session, IGES researchers who were involved in the COP28 negotiations offered insights and commentary on key aspects of each theme shortly after returning from Dubai. The first speaker highlighted the outcome of the global stocktake, emphasising the urgent need for action and support to achieve the 1.5-degree goal and for specific measures to be implemented. The second speaker focused on mitigation, noting the agreement to transition away from fossil fuels and to accelerate efforts to triple renewable energy capacity globally and double the global average annual rate of energy efficiency improvements by 2030. The third speaker, responsible for negotiating Article 6 of the Paris Agreement, explained that discussions were ongoing regarding the additional content of Article 6 guidance, focusing on its implementation. The fourth speaker explained the adopted framework for achieving the Global Goal of Adaptation, emphasising the importance of involving various actors in future efforts. The fifth speaker explained that the agreement to invest in the fund for loss and damage was a historic step, but securing continued funding and addressing distribution rules are critical issues for the future. The sixth speaker explained the negotiation agenda on finance, encompassing various topics, including a request for the early achievement of long-term climate finance and addressing public finance needs in the area of adaptation.