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COP28: EU Parliament wants “all countries to strengthen their climate commitments”

In a decisive vote, the European Union Parliament's Committee on the Environment, Public Health and Food Safety has called on all countries to strengthen their climate commitments. The resolution, which was adopted with a large majority, urges nations to increase their financial contributions to climate action, end all subsidies to fossil fuels, and triple renewable energy production. It also calls for the restoration of biodiversity and increased contributions from all sectors. The call for stronger climate action comes ahead of the upcoming COP28 climate summit in Dubai.

The European Union Parliament’s Committee on the Environment, Public Health, and Food Safety has adopted a significant resolution on climate commitments.  The resolution, which was passed with a large majority (56 votes for, 9 against, and 1 abstention), outlines the EU’s position on key climate issues as we approach the 28th United Nations Climate Change Conference (COP28).

Financial Contributions: A Key Priority

The resolution emphasizes the importance of continued and increased financial contributions. It calls on developed countries, including the EU and its member states, to meet the annual climate finance goal of 100 billion USD by 2023. Moreover, it advocates for a post-2025 goal that exceeds this amount. This highlights the critical need for countries to step up their financial commitments to address the climate crisis.

Ending Fossil Fuel Subsidies: A Clear Imperative

The resolution makes a firm statement about the role of fossil fuels in climate change. It demands an end to all direct and indirect subsidies to fossil fuels. Fossil fuels are identified as the largest contributors to greenhouse gas emissions, responsible for over 75% of global emissions. Governments worldwide are urged to take action and eliminate these subsidies, which amounted to over 900 billion EUR in 2022. It’s time for countries to break free from fossil fuel dependence.

Renewable Energy and Efficiency: A Global Commitment

The resolution supports a global target to triple renewable energy and double energy efficiency by 2030. This ambitious goal highlights the EU’s commitment to leading the transition to a sustainable future. Additionally, the resolution calls for a halt to all new investments in fossil fuel extraction. It’s a clear signal that countries need to align their energy strategies with the urgency of the climate crisis.

Climate and Biodiversity: Inseparable Allies

Recognizing the interconnectedness of the climate and biodiversity crises, the resolution emphasizes the importance of protecting and restoring biodiversity. It highlights the need to focus on preserving ecosystems like soils, forests, agricultural landscapes, freshwater bodies, and oceans. By addressing both climate change and biodiversity loss, the resolution aims to tackle two critical challenges simultaneously.

A Pivotal Moment: The Vote and COP28

The resolution will soon face a decisive vote during the plenary session from November 20 to 23. With COP28 scheduled to take place in Dubai, United Arab Emirates from November 30 to December 12, this resolution sets the stage for heightened ambition and collective action. The world will be closely watching as nations come together to address the defining challenge of our time.

The EU Parliament’s call for stronger climate action is in line with the growing scientific consensus on the urgency of the climate crisis. The Intergovernmental Panel on Climate Change (IPCC) has warned that without immediate and drastic action, the world is on track to warm by more than 2 degrees Celsius above pre-industrial levels, which would have catastrophic consequences.

This resolution marks a significant step forward in the global fight against climate change. It reaffirms the EU’s commitment to climate action and serves as a call to action for countries worldwide. As COP28 approaches, all eyes will be on the outcomes that will shape our shared future. Stay tuned for more updates as we work towards a sustainable and resilient planet.

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Tanya Roy
Tanya Roy
Tanya is a technology journalist with over three years of experience covering the latest trends and developments in the tech industry. She has a keen eye for spotting emerging technologies and a deep understanding of the business and cultural impact of technology. Share your article ideas and news story pitches at contact@alltechmagazine.com