COP28: The Crucial Role of Small Words and the 'Loss and Damage Fund' in Climate Summit Success

The global climate summit in Dubai is grappling with the crucial issue of fossil fuels and whether countries will agree to a phase-out or phase-down. While a phase-out would mean completely stopping the burning of oil, gas, and coal, a phase-down would allow for continued use. The choice of words is significant as it could determine the world's ability to combat catastrophic climate change. The summit's final agreement is expected to address the role of fossil fuels and the need for carbon capture, but clarity and precise language are crucial to avoid ambiguity and benefit the fossil fuel industry.