COP28: Draft agreement calls for reduction in 'consumption and production of fossil fuels'

Axes proposals for full 'phase out'

clock • 4 min read

Draft text from COP28 Presidency includes raft of proposals for accelerating the roll out of clean technologies and references the need to tackle fossil fuel production - but axes proposals for a full 'phase out'

The UN climate talks are set for a dramatic final day, after the COP28 Presidency published a long-awaited draft of its proposals for a final deal in Dubai, including what could prove to be an historic call to reduce fossil fuel consumption and production "in a just, orderly and equitable manner so as to achieve net zero by, before or around 2050". The latest iteration of the Global Stocktake - widely regarded as the most important document being negotiated at this year's UN Climate Summit - was published late afternoon local time, finally giving observers the clearest indication yet of ...

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