The COP28 mitigation outcome must: Develop systems decarbonization pathways in a manner consistent with the principles and provisions of the Paris Agreement; operationalize carbon market and non-market approaches in a way that incentivizes higher mitigation ambition and helps channel investments to support the implementation of the transition; and identify ways to maximize positive and minimize negative impacts of the implementation of response measures. COP28 must also launch and accelerate work on the Just Energy Transition package that, in line with science, keeps the goal of limiting temperature rise to 1.5°C within reach and accelerates the inevitable and responsible phasedown of all fossil fuels, accelerates the phasedown of all unabated coal, and leads to an energy system free of unabated fossil fuels in the middle of this century. This transition requires scaling up investments in clean energy supply and much more efficient use of energy. It also needs to be just and equitable and address challenges, including achieving universal energy access, enabling infrastructure development, reforming policies, and phasing out fossil fuel subsidies. This work should be complemented with non-energy mitigation outcomes, including halting deforestation, tackling non-CO2 gases and scaling carbon management.
To complement a strong mitigation outcome, the COP28 Presidency is working with state and industry partners globally to deliver the ambitious energy package that science tells us we need:
1. Tripling renewable energy capacity and doubling the rate of energy efficiency improvements across sectors by 2030, including ramping up electrification and enhanced cooling approaches, to enable phasedown of fossil fuels.
2. More than halving oil and gas industry scope 1 and 2 emissions, including reaching near-zero methane emissions by 2030.
3. Transforming heavy-emitting sectors, including scaling up use of low-carbon hydrogen, carbon capture and storage, and carbon dioxide removal, aligned with science.
4. Substantially shifting toward fossil-free forms of transport, including through vehicle electrification and modal shifts.
5. Taking action to accelerate efforts toward the phasedown of unabated coal power and phaseout of inefficient fossil fuel subsidies, addressing coal-related methane emissions and deploying clean baseload capacity.
6. Companies and countries to set ambitious goals, take action, and remain accountable through disclosures, in line with best practices and global standards.
To support this effort, the COP28 Presidency and the International Energy Agency (IEA), together with the International Renewable Energy Agency (IRENA) and the UNFCCC will convene high-level dialogues for building a 1.5°C aligned energy transition.
This initiative will aim to build momentum around the target energy outcomes for COP28, as well as consensus around 1.5°C compatible energy transition pathways and the enabling conditions needed to achieve them, accommodating for different characteristics across countries. The dialogues will engage public and private sector energy decision-makers, along with scientists and the academic community, reflecting a holistic global view of the energy system, and will seek to prepare the ground for specific commitments and calls for actions at the World Climate Action Summit at COP28.
Finally, the UAE leadership is pleased to have submitted a third revision to our second NDC, in line with the call from COP27, raising the ambition even further to reduce emissions by 40% by 2030, compared to business as usual. We call on all Parties to update their NDCs in advance of COP28, to spearhead progress in this critical decade
The Presidency has taken an innovative and inclusive approach to the two-week program for COP28, as the first Presidency to hold an open consultation on thematic areas and sequencing.
The program highlights the sectors and topics that stakeholders repeatedly raised during consultations, including both annual fixtures of the COP agenda such as energy and finance, and new, essential topics like health, trade and relief, recovery, and peace.