COP28 - Historic UAE Consensus to Confront Climate Change

What is the significance of COP28's "UAE Consensus"? 

The "UAE Consensus" is a historic agreement recognizing the need to transition away from fossil fuels and intensify global climate action.

Why is the appointment of Sultan Al Jaber as COP28 President noteworthy?  

Sultan Al Jaber's appointment is notable due to his role as CEO of the Abu Dhabi National Oil Company and its implications for addressing fossil fuel-related conflicts of interest.

What challenges did developing nations express at COP28? 

Developing nations raised concerns about insufficient financial commitments for transitioning away from fossil fuels and questioned the equity in climate action burdens.

How did the COP28 agreement address the fossil fuel industry's role? 

While acknowledging the need to phase out fossil fuels, the COP28 agreement faced criticism for perceived contradictions, with the US leading in both production and consumption of crude oil.