Saugata Saha, President of S&P Global Commodity Insights, discusses the first-ever global stocktake and the phasedown of fossil fuels at COP28. Dan Feldman, former ambassador and Co-Chair of ESG and Business & Human Rights practices at law firm Covington & Burling, explains the conference dynamics and the role of the private sector. Topics include the significance of COP28, the urgency for climate action, just transition in the energy sector, and renewable energy targets.