ESG Information Website
  • Home
  • Regulation
    • ECB
    • Federal Reserve
    • Hong Kong SFC
    • Hong Kong Monetary Authority
    • UK Financial Conduct Authority
    • European Banking Authority
    • Monetary Authority of Singapore
    • European Securities and Markets Association
    • European Insurance and Occupational Pensions Authority
  • Researches
    • Net Zero
    • Carbon Emissions
    • Climate Change
    • Responsible Investment
    • Sustainable Development
    • Biodiversity
  • Knowledge
    • ESG Definitions
    • ESG Greenwashing
    • ESG Taxonomy
  • Products
    • ESG Securities
    • ESG Funds
    • ESG Bonds
    • ESG Indices
  • TodayESG Insights
  • ESG in Europe
    • UK ESG
    • France ESG
    • Netherlands ESG
    • Switzerland ESG
    • Norway ESG
    • Luxembourg ESG
  • ESG in America
    • United States ESG
    • Canada ESG
  • ESG in Asia
    • China ESG
    • China Hong Kong ESG
    • Japan ESG
    • India ESG
    • Singapore ESG
    • Australia ESG
  • About Website
    • Privacy Policy
  • Advertise
  • ESG Data
  • ESG Education
  • ESG Ratings
  • ESG Media Service
No Result
View All Result
ESG Information Website
No Result
View All Result
Home ESG Regulation

COP28 Global Stocktake Committee Releases Meeting Highlights

by TodayESG
in ESG Regulation, ESG Knowledge, Global
COP28

COP28

Toggle
  • COP28 Global Stocktake Committee
  • Highlights from the COP28 High-level Meetings
  • Key Points for Mitigating Climate Change
  • Key Points for Adapting to Climate Change
  • Measures to be Taken in the Future

COP28 Global Stocktake Committee

The COP28 Global Stocktake High-Level Committee (HLC) releases meeting highlights and summarizes three high-level meetings on climate change mitigation, adaptation, and measures.

The three high-level meetings held at COP28 have received support from many regulatory agencies and United Nations organizations and have been promoted by the organizers of COP26 and COP27. The contents of the three high-level meetings covered multiple areas of climate change.

Related Post: COP28 Releases Net Zero Transition Charter

Highlights from the COP28 High-level Meetings

This conference believes that climate change has caused the world to face unprecedented challenges. Although the Paris Agreement prompted various stakeholders to take climate action, the current global warming path is still off course. The world needs support to accelerate the entire agenda, and the Global Stocktake (GST) is an important opportunity to strengthen climate action. GST will integrate Nationally Determined Contributions (NDC), National Adaptation Plans (NDP) and other climate policies under the principles of fairness and science to provide guidance for global actions.

The world must adopt a comprehensive, multi-sectoral and whole-of-society response to climate action to ensure a fair and just transition, consistent with sustainable development and poverty eradication efforts. Protecting ecosystem integrity and protecting biodiversity are also priorities in climate action. At the same time, Non-Party Stakeholders (NPS) including companies, investors, indigenous peoples, etc. will also play an important role in climate action.

Key Points for Mitigating Climate Change

The COP28 meeting believed that the world needs to reduce greenhouse gas emissions rapidly and continuously in a scientific manner and use available technologies to achieve decarbonization of industry and transportation. To ensure the 1.5 degrees Celsius warming target, NDCs need to cover more sectors and strengthen financing support to achieve net zero emissions by mid-century or sooner. In terms of energy transition, global renewable energy production capacity needs to be tripled and energy efficiency needs to be doubled in 2030. The energy transition requires the gradual reduction of fossil fuel use and the initiative of developed countries to reduce fossil fuel subsidy policies.

Natural ecosystems play an important role in limiting temperature rise, and countries should strengthen the protection of forests and oceans. Developing countries can gain experience from developed countries through technology transfer to help with transition.

COP28
COP28

Key Points for Adapting to Climate Change

The COP28 meeting recognized that climate change has affected life around the world. Strengthening adaptation actions, reducing vulnerability, and increasing resilience is another important measure to solve climate problems. The current funding gap for global adaptation actions is US$194 billion to US$366 billion. The amount of funds invested in adaptation actions should be doubled in 2025. Developing countries’ access to donations and preferential financing policies is the key to adaptation actions. Natural ecosystems play an important role in adapting to climate change, and ecosystem-based adaptation actions should focus on terrestrial and marine ecosystems.

The world should establish an adaptation goal framework for different themes and goals and reduce damage through comprehensive risk management and early warning. This can be managed through a Loss and Damage Fund.

Measures to be Taken in the Future

The COP28 meeting recognized that large-scale, accessible, and affordable financing is a condition for implementing climate plans, which can increase financial flows from the public and private sectors and achieve low-carbon emissions and climate-resilient development. Financial instruments for climate finance, such as blended finance and green bonds, can encourage decarbonization.

For the international financial system, debt reform will be central to reduce the debt burden of developing countries. In addition, strengthening climate capacity building and technology development and transfer can also support climate action.

Reference:

COP28 First Global Stocktake High-Level Committee – Summary
Contact:todayesg@gmail.com

Tags: Climate ChangeCOP28English
Previous Post

World Economic Forum Releases Biodiversity Credits Report

Next Post

International Energy Agency Releases 2023 Global Coal Report

TodayESG

TodayESG

Search in TodayESG

No Result
View All Result

New Releases

KPMG
ESG Knowledge

KPMG Releases Sustainability Disclosure Report for the Insurance Industry

2025-6-17
IFC
ESG Research

International Finance Corporation Releases Emerging Market Green Bond Report

2025-6-16
ACCA
ESG Regulation

ACCA Releases Recommendations for European Sustainable Finance Disclosure Regulation

2025-6-13
AFME
ESG Research

AFME Releases 2025 Q1 ESG Financial Markets Report

2025-6-12
WMO
ESG Research

World Meteorological Organization Releases 2025 Global Climate Report

2025-6-11
UNGC
ESG Knowledge

United Nations Global Compact Releases Ocean Investment Protocol

2025-6-10

TodayESG in LinkedIn

  • Home
  • Regulation
  • Researches
  • Knowledge
  • Products
  • TodayESG Insights
  • ESG in Europe
  • ESG in America
  • ESG in Asia
  • About Website
  • Advertise
  • ESG Data
  • ESG Education
  • ESG Ratings
  • ESG Media Service

© 2025 todayesg.com - TodayESG.

No Result
View All Result
  • Home
  • Regulation
    • ECB
    • Federal Reserve
    • Hong Kong SFC
    • Hong Kong Monetary Authority
    • UK Financial Conduct Authority
    • European Banking Authority
    • Monetary Authority of Singapore
    • European Securities and Markets Association
    • European Insurance and Occupational Pensions Authority
  • Researches
    • Net Zero
    • Carbon Emissions
    • Climate Change
    • Responsible Investment
    • Sustainable Development
    • Biodiversity
  • Knowledge
    • ESG Definitions
    • ESG Greenwashing
    • ESG Taxonomy
  • Products
    • ESG Securities
    • ESG Funds
    • ESG Bonds
    • ESG Indices
  • TodayESG Insights
  • ESG in Europe
    • UK ESG
    • France ESG
    • Netherlands ESG
    • Switzerland ESG
    • Norway ESG
    • Luxembourg ESG
  • ESG in America
    • United States ESG
    • Canada ESG
  • ESG in Asia
    • China ESG
    • China Hong Kong ESG
    • Japan ESG
    • India ESG
    • Singapore ESG
    • Australia ESG
  • About Website
    • Privacy Policy
  • Advertise
  • ESG Data
  • ESG Education
  • ESG Ratings
  • ESG Media Service

© 2025 todayesg.com - TodayESG.