COP28 President-designate calls for climate action that hits 2030 targets, unlocks climate finance, and leaves no one behind

COP28 President-designate calls for climate action that hits 2030 targets, unlocks climate finance, and leaves no one behind

"We need tangible progress, this year, on reform that will unlock far more concessional finance, mitigate risk, and attract more private capital."

"We must be laser focused on phasing out fossil fuel emissions, while phasing up viable, affordable zero carbon alternatives."

ABU DHABI, UAE /PRNewswire/ -- Today in a speech at the Petersberg Climate Dialogue in Berlin, the COP28 President-Designate, Dr. Sultan Al Jaber, presented his broad ambitions for COP28.

Dr. Al Jaber stated: "We have just passed the seven-year mark since the adoption of the Paris Agreement, with just seven years to go to 2030. Seven years to reduce emissions by 43 percent and keep the ambitions of the Paris Agreement alive."

Dr Al Jaber added that, "the most recent IPCC report has already made it crystal clear that we are way off track. This is a moment of clarity that we must face with total honesty. We must unite and seize the moment of the Global Stocktake to put the world on the right track to meet the goals of the Paris Agreement." On renewables, Dr Al Jaber called on the world to "triple capacity by 2030 and double it again by 2040."

"In my meetings with climate, finance, and development ministers across