DUBAI: The latest draft agreement proposed by the COP28 president Sultan Al Jaber at COP28 has put forward a call for reducing the production and consumption of fossil fuels.
Released on the eve of the final day of the annual climate negotiations in Dubai, the document, prepared under COP28 president Sultan Al Jaber, advocates for a reduction in fossil fuel consumption and production in a “just, orderly and equitable manner” to achieve net-zero emissions around 2050, aligning with scientific recommendations.
Scientists argue that a move away from fossil fuels—oil, gas, and coal—is crucial to meeting the challenging goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels.
COP28 Aims to Triple Global Renewable Energy Capacity by 2030
While the draft includes a goal of tripling global renewable energy capacity by 2030, it also emphasizes accelerating the deployment of zero and low-emissions technologies, such as renewables, nuclear power, hydrogen production, and carbon capture and storage, to substitute unabated fossil fuels in energy systems.
The draft agreement calls for the “acceleration and substantial reduction” of non-CO2 emissions, with a focus on reducing global methane emissions by 2030 and the phased-out elimination of “inefficient” fossil fuel subsidies.
