This global event, which takes place from November 30 to December 12 and is attended by over 160 world leaders, is a decisive moment to act on climate commitments and prevent the worst impacts of climate change.
COP 28 marks the conclusion of the “Global Stocktake “, the first assessment of global progress in implementing the 2015 Paris Agreement.
The global Stocktake must be a catalyst for greater ambition in meeting the Paris Agreement’s goals as nations prepare to submit revised national climate action plans by 2025.
It lays out actions on how to accelerate emissions cuts, strengthen resilience to climate impacts, and provide the support and finance needed for the transformation. Climate finance stands at the heart of this transformation.
Progress on climate finance at COP28 will be crucial to build trust in other negotiation areas and to lay the groundwork for an even more ambitious “New Collective Quantified Goal” for climate finance, which must be in place next year.
It will also set the stage for a just and inclusive transition to renewable energy and the phasing out of fossil fuels.
Speaking at the opening ceremony, UN Climate Executive Secretary Simon Stiell said that the international community is moving too slowly from an unstable world lacking resilience to developing the best responses to the complex impacts the world is facing, calling for redoubled efforts to enable climate action to move forward more quickly.
Morocco, which hosted COP22 in Marrakech in 2016, has a strong presence at this global event, notably with a pavilion highlighting climate action by governmental, non-governmental and academic institutions.
COP28 will be an opportunity to present Moroccan success stories, particularly in renewable energy projects, which have made the Kingdom a pioneer in this field on the Arab and African scales.