Highlights of COP28

One of the key takeaways from COP28 was the inclusion of language around transitioning away from fossil fuels in the final agreement. This marked a significant shift as the term 'fossil fuel' had not been explicitly mentioned previously. The implementation of the agreement will be crucial, and there is cautious optimism around commitments to reduce methane emissions, invest in reducing energy demand, and transform agriculture and food systems. Private markets will play a role in these solutions, but government involvement and commitments are necessary to provide incentives and support for these initiatives.