Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG
  • Home
  • News
    • Sustainability
    • Featured
    • Carbon Offset
    • Net zero
    • Knowledge
    • Climate Change
    • Off Grid Solar
    • RoofTop & Distributed Solar
    • Technical
    • Manufacturing
    • Utility Scale RE
  • World
    • USA
    • UK
    • India
    • Europe
      • France
      • Germany
      • Austria
      • Denmark
      • Finland
      • Italy
      • Netherlands
      • Spain
      • Switzerland
    • Middle East
      • Saudi Arabia
      • UAE
      • Qatar
      • Bahrain
      • Oman
    • Asia Pacific
      • China
      • Hong Kong
      • Australia
      • Indonesia
      • Japan
      • Malaysia
      • New Zealand
      • Singapore
      • South Korea
    • North America
      • Canada
      • Mexico
    • South America
      • Brazil
      • Chile
    • Africa
      • South Africa
      • Egypt
      • Kenya
      • Mali
      • Morocco
      • Nigeria
      • Uganda
  • Industries
    • Air Travel
    • Automobile
    • Banking
    • Cement
    • Energy
    • FMCG
    • Healthcare
    • Hospitality
    • IT & Computers
    • Shipping
    • Pharmaceuticals
    • Real Estate
    • Steel
  • More
    • Carbon Capture & Storage
    • Carbon Footprint
    • Carbon Tax
    • New Launches
    • Interviews
    • Job Opportunities
    • Policy & Regulations
    • Quarter Results
    • Research Reports
    • Tender
    • Web Stories
  • Climate Change
    Climate ChangeShow More
    Why Oil Stocks Aren’t That Hot
    Anand Gupta By Anand Gupta
    Countries draw battle lines for talks on new climate finance goal
    Anand Gupta By Anand Gupta
    Achieving MENA Climate Change Goals While Navigating Cashflow Challenges
    Anand Gupta By Anand Gupta
    TIME TO NAME THE SILENT KILLER: HEATWAVES
    Anand Gupta By Anand Gupta
    UNEA-6: multilateral actions to tackle climate change, biodiversity loss and pollution
    Anand Gupta By Anand Gupta
  • Sustainability
    SustainabilityShow More
    The Importance Of Sustainability In Manufacturing
    Anand Gupta By Anand Gupta
    Sustainability Partnerships: What They Are, Why They Matter And How They Work
    Anand Gupta By Anand Gupta
    The Best And The Rest: The Sorry State Of Sustainability Today
    Anand Gupta By Anand Gupta
    It’s Time for Sustainability to Become a Core Part of MBA Programs
    Anand Gupta By Anand Gupta
    Eight ways the sustainable economy is (still) taking over
    Anand Gupta By Anand Gupta
  • Business & Finance
    Business & FinanceShow More
    Himachal CM seeks collaboration with UK on green hydrogen, e-vehicles
    Anand Gupta By Anand Gupta
    IndiGrid’s portfolio grows to 1.1 GWp with new 300 MW solar acquisition
    Anand Gupta By Anand Gupta
    EverEnviro, Thermax Bioenergy sign MoU with Danish firm to boost India’s CBG production
    Anand Gupta By Anand Gupta
    Sajjan Jindal’s JSW Steel sounds out banks for $750 million loan
    Anand Gupta By Anand Gupta
    President accords sanction to Rs 20,773 cr RE Transmission System Project in Ladakh
    Anand Gupta By Anand Gupta
  • Carbon Offset
    Carbon OffsetShow More
    Revealed: How Industry Lobbying is Reducing Nature to a Monopoly Board
    Anand Gupta By Anand Gupta
    OFFSETS PROMISE TO CUT CARBON FOOTPRINTS BUT CRITICS RAISE QUESTIONS
    Anand Gupta By Anand Gupta
    Carbon offsets bring new investment to Appalachia’s coal fields, but most Appalachians aren’t benefiting
    Anand Gupta By Anand Gupta
    Can clean cookstoves ride out the carbon markets storm
    Anand Gupta By Anand Gupta
    Carbon removal sector buoyed by strong growth in corporate demand
    Anand Gupta By Anand Gupta
  • Featured
    FeaturedShow More
    India will take up carbon tax issue ‘very strongly’ with the EU, says Piyush Goyal
    Anand Gupta By Anand Gupta
    Unpacking The Truth Behind Climate Change Predictions And Carbon Taxes
    Anand Gupta By Anand Gupta
    Ways for India to deal with EU carbon tax
    Anand Gupta By Anand Gupta
    Taking Carbon Tax Off Home Heating Drops Saskatchewan Inflation to Under Two Per Cent
    Anand Gupta By Anand Gupta
    Warming up to climate change: How does climate change impact extreme weather events?
    Anand Gupta By Anand Gupta
  • Net zero
    Net zeroShow More
    India’s net-zero target: Here’s what the govt needs to prioritise
    Anand Gupta By Anand Gupta
    Do Record Temperatures Mean Our Climate Goals And Net Zero Are Dead?
    Anand Gupta By Anand Gupta
    The dark cloud over Indonesia’s pledge to achieve net-zero emissions by 2060
    Anand Gupta By Anand Gupta
    Net-Zero Is Pulling the Plug on America’s Electrical ‘Life Support System,’ New Documentary Says
    Anand Gupta By Anand Gupta
    SAP’s Journey to Net Zero 2030
    Anand Gupta By Anand Gupta
  • Renewable Energy
    Renewable EnergyShow More
    Is Renewable Energy Actually Making Us Rely More on Fossil Fuels?
    Anand Gupta By Anand Gupta
    Countries to promise clean energy boost at COP28 to push out fossil fuels
    Anand Gupta By Anand Gupta
    The UAE has committed to assisting Malaysia in establishing a 10 GW renewable energy capacity, valued at $8 billion, by 2025
    Anand Gupta By Anand Gupta
    Renewable energy sources and energy waste reduction accounted for 25% of the state’s electricity needs last year, showcasing a substantial shift towards sustainable energy practices and environmental responsibility
    Anand Gupta By Anand Gupta
    The Ascendance of Renewable Energy: Exploring the Role of Electrification in Driving Sustainable Solutions
    Anand Gupta By Anand Gupta
Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESGDaily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG
Aa
  • Climate Change
  • Sustainability
  • Business & Finance
  • Carbon Offset
  • Featured
  • Net zero
  • Renewable Energy
Search
  • Home
  • News
    • Sustainability
    • Featured
    • Carbon Offset
    • Net zero
    • Knowledge
    • Climate Change
    • Off Grid Solar
    • RoofTop & Distributed Solar
    • Technical
    • Manufacturing
    • Utility Scale RE
  • World
    • USA
    • UK
    • India
    • Europe
    • Middle East
    • Asia Pacific
    • North America
    • South America
    • Africa
  • Industries
    • Air Travel
    • Automobile
    • Banking
    • Cement
    • Energy
    • FMCG
    • Healthcare
    • Hospitality
    • IT & Computers
    • Shipping
    • Pharmaceuticals
    • Real Estate
    • Steel
  • More
    • Carbon Capture & Storage
    • Carbon Footprint
    • Carbon Tax
    • New Launches
    • Interviews
    • Job Opportunities
    • Policy & Regulations
    • Quarter Results
    • Research Reports
    • Tender
    • Web Stories

Top Stories

Report: US needs much more than the IRA to get to net zero by 2050

Net zero 20 October 2023

ACWA Power gets greenlight to begin operations of Phase 2 of Dubai’s Noor Energy 1 project

Middle East 20 November 2023

UAE determined to leverage solar energy as a cornerstone of its sustainable development vision: DG of International Solar Alliance

Middle East 17 October 2023
Have an existing account? Sign In
Follow US
Copyright © Ruby Theme Ltd. All Rights Reserved.
Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG > Blog > Climate Change > Adaptation playbook is the true test of Cop28 for world’s vulnerable

Adaptation playbook is the true test of Cop28 for world’s vulnerable

Anand Gupta
Last updated: 2023/12/11 at 11:20 AM
By Anand Gupta
Share
5 Min Read

In Short : Considering emissions are still going up, it’s a travesty that adaptation spending is falling. We are on course for a humanitarian crisis if this adaptation funding doesn’t match the rise in emissions.  And adaptation finance is great value for money.

In Detail : While most attention is on fossil fuels, the US is blocking progress on an adaptation playbook, a matter of life or death for many Africans

Although the phase out of fossil fuels has got most of the attention at Cop28, the outcome that will likely make the biggest difference to most people on the planet in the short- and medium-term is if countries come to an agreement on the global goal on adaptation.

This global goal is a playbook for how the world is going to adapt to a climate that is changing rapidly and will continue to change, even if we ended fossil fuel use today. Across the world millions of people, most of whom are least responsible for carbon emissions, are attempting to adapt their lives and livelihoods to a distorted climate.

This adaptation playbook is about more than money. It covers adaptation plans for a host of sectors, including farming, nature, health, water and transport among others. To be useful, this playbook needs a series of targets to plan actions, track investments and assess the effectiveness of adaptation measures and spending. These metrics need to specify what changes are needed to be in line with the science, by when and how to measure progress.

Funding gap

Although it isn’t just about money, funding is important and severely lacking. The goal for 2023 was to raise $300m for the Adaptation Fund, but at Cop28 we’ve only seen $169m in pledges, a mere 56% of the intended amount.

This is particularly galling considering that only last month, the UN’s Environment Programme published its Adaptation Gap report which calculates the difference between the world’s adaptation need and the amount of finance that has been committed. It found that this gap stands at around $387 billion. This is 10-18 times the actual finance flows to the countries and 50% more than the previous estimate.

For example, small-scale family farms are especially vulnerable and need urgent scaling up of adaptation finance; 2.5 billion people rely on them for a livelihood. They produce a third of the world’s food and as much as half of the calories consumed globally but receive just 0.3% of climate finance.

US blocking

The problem is that here in Dubai, rich countries, especially the US, are blocking progress on the adaptation playbook. To some degree that’s understandable. It is rich, high emitting countries like the US that need to contribute most to adaptation funding and take responsibility for the climate harm they have caused and continue to cause.

But by dragging their feet, these countries are playing games with people’s lives. The adaptation talks at Cop28 are crucial as we’re not going to reduce emissions fast enough and therefore do actually need to tackle the impacts of climate change. We can’t just settle for vague and aspirational objectives, we need a concrete plan that spells out how adaptation will be implemented for the people that need it most.

African countries are the biggest cheerleaders for adaptation. It is Africans who are facing some of the most damaging impacts from the climate crisis. It’s no wonder that Africa’s chief negotiator in Dubai said agreement in Dubai on adaptation was a matter of life and death.

The Cop28 host nation’s close ties with the fossil fuel industry understandably makes for an easy story, but when it comes to whether this Cop did enough to help the world’s climate vulnerable, it will be on whether it delivers strong language on a robust global response to the adaptation crisis that will be the real test.

TAGGED: Climate Change, COP28

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Twitter LinkedIn Reddit Email Copy Link

Categories

  • Africa
  • Air Travel
  • Asia Pacific
  • Australia
  • Austria
  • Automobile
  • Bahrain
  • BANGLADESH
  • Banking
  • Battery
  • Brazil
  • Business & Finance
  • California
  • Canada
  • Carbon Capture & Storage
  • Carbon Footprint
  • Carbon Offset
  • Carbon Tax
  • Cement
  • Chile
  • China
  • Climate Change
  • Denmark
  • Editors Choice
  • Egypt
  • EMobility
  • Energy
  • Energy Storage
  • Europe
  • Featured
  • Finland
  • FMCG
  • France
  • Germany
  • Healthcare
  • Hospitality
  • Hydrogen
  • India
  • Interviews
  • IT & Computers
  • Italy
  • Laos
  • Malaysia
  • Manufacturing
  • Mexico
  • Middle East
  • Morocco
  • Net zero
  • New Launches
  • New Zealand
  • North America
  • Off Grid Solar
  • Oman
  • Pharmaceuticals
  • Philippines
  • Policy & Regulations
  • Quarter Results
  • RE100
  • Real Estate
  • Renewable Energy
  • Research Reports
  • RoofTop & Distributed Solar
  • Saudi Arabia
  • Shipping
  • Singapore
  • South Africa
  • South America
  • South Korea
  • Spain
  • Steel
  • Sustainability
  • Taiwan
  • Tender
  • UAE
  • UK
  • USA
  • Utility Scale RE

Related Strories

Editors Choice

Let’s Build a Climate Wall of Shame

By Anand Gupta 24 February 2024
Climate Change

Why Oil Stocks Aren’t That Hot

By Anand Gupta 24 February 2024
Featured

Unpacking The Truth Behind Climate Change Predictions And Carbon Taxes

By Anand Gupta 23 February 2024
Climate Change

Countries draw battle lines for talks on new climate finance goal

By Anand Gupta 21 February 2024
Show More

Get Insider Tips and Tricks in Our Newsletter!

  • Stay up to date with the latest trends and advancements in AI chat technology with our exclusive news and insights
  • Discover and download exclusive chatbot templates, scripts, and other resources.
  • Other resources that will help you save time and boost your productivity.
Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG

We want to live on a healthy, peaceful planet. A planet where forests flourish, oceans are full of life and where once-threatened animals safely roam. Where our quality of life is measured in relationships, not things we have or own.

Quicklinks

  • Contact Us
  • Blog Index
  • Complaint
  • Advertise

Company

  • Privacy Policy
  • Legal Stuff
  • Manage Cookies
  • Terms and Conditions
  • Partners

Follow Socials

All copyrights reserved at CO2 to Net Zero Solutions India Pvt Ltd

Social Chat is free, download and try it now here!

Welcome Back!

Sign in to your account

Lost your password?