The podcast discusses the COP 28 climate summit in Dubai and the deal reached to transition away from fossil fuels. It explores skepticism and urgency in addressing climate change, debates on achieving the 1.5-degree target, and the role of fossil fuel producers. It also reflects on the flaws of the COP process but emphasizes the importance of global engagement in tackling the climate crisis.
The COP 28 agreement marks a historic moment in recognizing the role of fossil fuels in the climate crisis, as countries commit to transitioning away from them to achieve net zero emissions by 2050.
The small island nations' vulnerability and existential threat from rising sea levels gave their voice undeniable influence at COP 28, highlighting the moral urgency of addressing climate change.
Deep dives
Phase out of fossil fuels in COP 28 agreement
The COP 28 conference saw a significant focus on phasing out fossil fuels, a topic that had not been extensively discussed in previous COPs. While the precise language of "phase out" did not make it into the final text, the agreement called for countries to transition away from fossil fuels in a manner that achieves net zero emissions by 2050. This shift in language marked a historic moment in recognizing the role of fossil fuels in driving the climate crisis. However, there remains skepticism about the real-world impact of this change and the commitments of major fossil fuel producers to transition to renewables.
Significance of small island states' voices
The small Pacific island nations, most immediately threatened by rising sea levels, surprisingly had a loud voice at COP 28. These nations face an existential threat and made it clear that drastic action is needed to avoid their disappearance. The alliance of small island states played a crucial role in advocating for climate action, and their vulnerability gave their voice an undeniable influence in the talks. Their concerns were met with standing ovations, highlighting the moral urgency of addressing climate change.
Debate on the effectiveness of COP conferences
The COP 28 conference and the broader COP process continue to face skepticism and criticism. The involvement of major fossil fuel producers, such as the UAE, raises concerns about conflicts of interest. However, some argue that including these countries is necessary for productive discussions on reducing fossil fuel use. Additionally, debates around financial support from developed countries and global cooperation on climate action remain key sticking points. Despite its flaws, the COP process is recognized as a vital platform for global dialogue and action on the urgent climate crisis.
Countries at the COP 28 climate summit in Dubai have reached a deal to transition away from fossil fuels. Gideon speaks to the FT’s Simon Mundy, who’s in Dubai covering the talks, about the agreement. Will it actually help the world reach global net zero emissions by 2050?
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Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe. Presented by Gideon Rachman. Produced by Fiona Symon, Persis Love and Manuela Saragosa. Sound design is by Jake Fielding.