Jeremy Oppenheim, Mission Possible Partnership CEO Faustine Delasalle and Energy Transitions Commission Chair Adair Turner are among the 900+ signatories urging the COP28 Presidency to deliver a 1.5°C-aligned outcome at the UN climate conference
CEOs, financiers, NGOs, scientists, mayors, governors, investors, Indigenous peoples, health professionals, young people, faith leaders, and athletes are among those asking COP’s hosts to prioritize actions that allow the world to meet our 1.5 goals
The letter sees the potential for a “positive tipping point”, in the form of a “1.5C aligned” rapid response plan to the Global Stocktake, which is due to be published shortly.
Among other priorities, the signatories call for:
- An orderly phase out of all fossil fuels in a just & equitable way, in line with a 1.5C trajectory – whilst ensuring the tripling of global renewable energy capacity by 2030 from 2022 levels and the doubling of energy efficiency; and
- The enabling environment to scale up and shift public and private finance, with developed countries taking the lead in action and support; putting a price on carbon and tripling investments for renewable energy.
- The halt and reversal of deforestation and land degradation as well as biodiversity & other ecosystem loss by 2030; ensure resilient food systems and deliver a strong global goal on adaptation.
As the letter was published, ETC Chair Adair Turner was on stage in the COP28 Blue Zone, delivering an independent assessment of the likely impact, to 2030, of the commitments made in Dubai so far. However, this climate conference is not the first to raise questions of the gap between pledges and action, and Lord Turner warned: “These reductions will not be achieved unless – once countries and companies have gone home from this COP – they actually implement their commitments.”