The younger generation can begin to comprehend a variety of information related to the climate crisis and its impacts through social media platforms.
t the COP28 climate conference in Dubai, countries worldwide, including developing nations, collectively agreed upon a global stocktake as a catalyst for accelerating efforts to address climate change.
One of the discussions related to the global stocktake is anticipated to further incentivize each country to realign itself on the appropriate path to addressing the climate crisis.
The global stocktake must catalyze a greater ambition in achieving the goals of the 2015 Paris Agreement, specifically striving to limit the rise in temperature to at least 1.5 degrees Celsius from the pre-Industrial Revolution era. Such ambition must be articulated by each country through the revision of their National Determined Contributions (NDC) in 2025.
Through the global stocktake, we have the opportunity to integrate three core elements: Mitigation, adaptation and implementation.
The organization of COP28 is of utmost importance. It was convened in the seventh year following the establishment of the Paris Agreement in 2015. On the other hand, COP28 was also held seven years before the 2030 deadline for the targets set in the Paris Agreement. Therefore, COP28 is referred to as a crucial conference as it falls within the critical years of the critical decade.
According to a recent study published by James Rising at the University of Delaware, the loss and damage resulting from climate change amounted to approximately US$1.5 trillion in 2022 alone. The Global South has, on average, lost 8.3 percent of its gross domestic product (GDP) due to the impacts of climate change.
The initiation of the loss and damage financing action on the first day of COP28 is a commendable move and deserves support. It represents a financing program for loss and damage aimed at vulnerable developing countries affected by climate change.
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