Tuesday, 5 December 2023

COP28 Day 7 Updates

Day 7 at COP28 and here are the updates:

  • According to Copernicus Climate Change Service, 2023 is the hottest year on record.
  • World’s 10 largest companies are uniting to decarbonize the cement industry. UK’s largest Cemex and United States largest Holcim are planning a new strategy to get to net zero emissions within 25 years. The combined emissions from these two companies are responsible for 8% global greenhouse emissions.
  • According to the Natural Resources Defense Coucil’s COP28 Fund tracker, no other new country has made any pledges to the loss and damage fund. The total loss and damage fund still stands at $655.9 million.
Note- On tomorrow that is December 7, 2023 there will be no climate negotiations at the climate conference in Dubai because its the official rest day for the delegates at the summit. Delegates will rest, go shopping or do whatever they want. 

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