ReFi COP
What is the COP?¶
The COP is the supreme decision-making body of the Convention. All States that are Parties to the Convention are represented at the COP, at which they review the implementation of the Convention and any other legal instruments that the COP adopts and take decisions necessary to promote the effective implementation of the Convention, including institutional and administrative arrangements [56].
COP28 UN Climate Change News, 13 December 2023¶
Credit: Kiara Worth | UN Climate Change¶
COP28 closed today with an agreement that signals the “beginning of the end” of the fossil fuel era by laying the ground for a swift, just and equitable transition, underpinned by deep emissions cuts and scaled-up finance [57].
In a demonstration of global solidarity, negotiators from nearly 200 Parties came together in Dubai with a decision on the world’s first ‘global stocktake’ to ratchet up climate action before the end of the decade – with the overarching aim to keep the global temperature limit of 1.5°C within reach [57].
- Helping countries strengthen resilience to the effects of climate change
- Increasing climate finance
- Event participation and inclusivity
- Strengthening collaboration between governments and key stakeholders