THE UAE CONSENSUS NEGOTIATIONS OUTCOME

At historic COP28, parties came together to deliver the UAE Consensus - the most ambitious and comprehensive set of negotiated climate outcomes since COP21.

A key component of the UAE Consensus is the decision on the first Global Stocktake (GST) to assess progress since Paris and put forward a plan to close implementation gaps to 2030. In a landmark agreement to bring a sectoral approach to the COP process, the UAE Consensus calls for a just, orderly and equitable energy transition, tripling renewables and doubling energy efficiency globally by 2030.

The decision also recognizes the need to peak global emissions by 2025, taking into account different national starting points, and encourages countries to submit economy-wide Nationally Determined Contributions (NDCs). It also includes recognition of the crucial need to significantly scale up adaptation finance beyond doubling to meet urgent and evolving needs, and a clear call for countries to deliver National Adaptation Plans by 2025 and implement them by 2030. Finally, recognizing the crucial role finance has to play in delivering ambition, the GST decision builds momentum behind a new global climate finance architecture in support of the post-2025 climate goal to be delivered at COP29.

Even if we stopped all emissions today, accelerated adaptation is still needed to respond to the devastating climate impacts already being experienced. In line with the mandate to develop an impactful Global Goal for Adaptation promised as part of the Paris Agreement, COP28 delivered the Emirates Framework for Global Climate Resilience. The framework is a step change that will put adaptation focus and action on a par with mitigation by galvanizing not just governments, but also all non-party stakeholders to speed up and scale up action for adaptation. It defines how to do this through:

• targets for a universal set of themes essential for sustainable development and human wellbeing (food, water, health, shelter, livelihoods, nature, biodiversity and culture); and,

• targets on how to approach adaptation at local to national levels.

The framework also calls for regional and international cooperation, including for the first time asking to also look at the transboundary nature of climate impacts.

From Day One of COP28, Parties came together to truly innovate the COP process, with the fund for loss and damage promised at COP27 being adopted on the very first day of COP28. The new fund, to be hosted by the World Bank for an initial period of four years, will allocate resources based on the available evidence and with a minimum percentage allocated to least developed countries and Small Islands Developing States.

In demonstrating the spirit of international solidarity, 19 countries made commitments totaling $792 million towards the fund and funding arrangements related to loss and damage, including $100 million from the UAE.

Accelerating the normal pace of negotiations, COP28 also delivered a Just Transition Work Programme, only established at COP27. This three-year programme, which starts immediately, will drive ambitious, equitable implementation across all pillars of the Paris Agreement. Continuing the Presidency’s commitment to inclusion, it has references to labor rights and social protection as part of adaptation, for the first time in the UNFCCC process.

COP28 also delivered on a Mitigation Work Programme, which was established at COP26, that effectively showcases opportunities and barriers to closing the ambition and implementation gap.

A Presidency-led initiative saw Parties agree that all future COP Presidencies should appoint a Presidency Youth Climate Champion, to help facilitate the engagement of children and youth in climate action, including in the UNFCCC process. This was the first time a Presidency has delivered this type of initiative under the Paris Agreement and will help to ensure that youth have an enhanced, high-level voice at every future COP.

A range of other technical negotiations completed the ambitious package, including on non-market approaches and a technology implementation program.

On broader matters, a host for COP29 was agreed - Baku in Azerbaijan. With Belem in Brazil also confirmed as the host for COP30, this provides the opportunity of a ‘troika’ of Presidencies to inject both pace and stability into the COP process.