What is at stake in COP 28 in terms of the global carbon budget
At COP 28, a fair share of the global carbon budget is at stake. The allocation and distribution of the carbon budget will be an important topic of discussion.
- The first point at stake in COP 28 is determining the fair allocation of the global carbon budget among countries. This allocation will determine how much each country can emit in order to stay within the budget and limit global warming.
- Another important point is ensuring that the distribution of the carbon budget takes into account the historical emissions of countries. Many argue that countries with high historical emissions should take greater responsibility and make larger reductions.
- The allocation of the carbon budget also needs to consider the differing capacities of countries to reduce emissions. Developing countries may require more financial and technological support to transition to low-carbon economies and meet their targets.
- Setting a clear and equitable allocation of the carbon budget will be crucial for achieving the goals of the Paris Agreement and limiting global warming to well below 2 degrees Celsius above pre-industrial levels.
- Additionally, reaching an agreement on the carbon budget allocation will influence international climate finance and support, with developed countries expected to contribute financially to help developing nations reduce their emissions.
- Finally, the outcome of COP 28 will also impact the overall trajectory of global emissions and the ability to keep temperature rise below critical thresholds, affecting ecosystems, economies, and the well-being of communities around the world.
Answered
a year ago