Three COP summit hosts come together to accelerate climate ambitions
![Three COP summit hosts come together to accelerate climate ambitions](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/02/GGMdyt3W4AAJNMmjjj.jpeg)
The United Arab Emirates, which hosted COP28 last year, along with Azerbaijan and Brazil, hosts of the upcoming UN climate summits, announced on Tuesday their collaboration to advocate for more ambitious emissions reduction targets.
Preparations for the 2024 and 2025 climate talks occur as some countries face political resistance to climate action despite increasing extreme weather occurrences and frequent breaking of temperature records each month.
“We cannot afford to lose momentum, we must do everything we can to keep 1.5 C within reach,” said Sultan Al Jaber, the UAE’s president of last year’s negotiations.
The goal of limiting global temperatures to 1.5 degrees Celsius above preindustrial levels was established within the framework of the 2015 Paris Agreement.
At the upcoming COP29 summit in November in Baku, Azerbaijan, the primary objective is to establish a fresh global target for climate finance aimed at developing nations.
However, certain climate diplomats anticipate Brazil’s 2025 summit as the subsequent significant milestone for global climate diplomacy.
Nearly 200 countries must submit revised national pledges for reducing CO2 emissions in preparation for COP30.
![](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/07/Screenshot-2024-07-05-at-4.33.30 PM-150x150.png)
CalPERS allocates nearly $10 billion to climate action...
-
The California Public Employees’ Retir...
- 05/07/2024
![](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/07/Asset-Management-150x150.png)
Eco-gamers launch online video game to target asset...
-
A team of eco-gamers known as Serious Pe...
- 01/07/2024
![](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/06/Depositphotos_73537517_S-150x150.jpg)
EU regulators push for revisions in landmark ESG...
-
Regulators overseeing the markets, banki...
- 19/06/2024
Related News
ERM, a sustainability consultancy company, announced that it has commenced offshore trials to test the key elements of its Dolphyn Hydrogen process. The trials mark […]
European Energy announced that it had acquired grid connection approvals for nearly 500 megawatts (MW) of solar and wind energy projects across Romania. The approvals […]
In its second-quarter update, Shell announced that it would incur an impairment charge of up to $2 billion following the sale of its Singapore refinery […]
The California Public Employees’ Retirement System (CalPERS) announced a commitment of almost $10 billion to advancing global efforts to transition to a low-carbon economy. This […]
The European Commission announced that it has approved a €10.82 billion French scheme to support offshore wind energy deployment. It aims to help foster a transition […]
ENGIE announced that it signed a 7-year Biotmethane Purchase Agreement (BPA) with BASF. According to the agreement, ENGIE will supply the chemicals company with 2.7 […]