COP28 Climate Meeting in Dubai: Key Takeaways and Historic Fossil Fuel Deal

The COP28 climate conference concluded with a historic call for countries to transition away from fossil fuels, marking the first time the international body responsible for limiting global warming has made such a statement. While the agreement included references to reducing fossil fuel consumption and production, some countries, particularly those most vulnerable to climate change, expressed dissatisfaction with the final text, citing loopholes and the lack of a clear timeline for phasing out fossil fuels. The deal also allocated millions of dollars to a new fund for developing countries dealing with climate loss and damage, but experts argue that the funding falls far short of what is needed.