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2min chapter
What lies ahead for climate policy after COP28
Platts Future Energy
Introduction
This chapter explores what can be expected in global climate policy in 2024, including the uncertainties of the current macroeconomic and geopolitical situation, the influence of political risk in climate and energy geopolitics, and the historic agreement at COP 28 to transition away from fossil fuels and accelerate the shift to cleaner technologies. However, criticism regarding the lack of concrete targets and progress in adaptation is discussed, along with the activation of the loss and damage fund in climate finance.
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