As ICC has started preparations for one of our major engagements this year at the Dubai Climate Conference, COP28, 30 November – 12 December, we would like to update you on our priorities and current plans.
Every COP matters to global business – This year’s COP, however, matters more than ever. From a private sector perspective, there is a unique opportunity for this COP to go beyond just negotiations and, like Paris, create a long lasting legacy, a legacy for action.
As the voice of the real economy in the UN climate process we will again engage prominently on several critical path issues up for discussion in Dubai: most importantly, on a strong political outcome on the first Global Stocktake with clear action plans to speed up decarbonisation and to build resilience to a changing climate; the massive scale up needed in climate finance – also through an effective reform of the international financial architecture; and ultimately successfully operationalizing Article 6 of the Paris agreement on international carbon markets without further delay.
A successful outcome of these matters at COP28 is absolutely critical to send the strong signals needed to unlock business investment to meet our common target of achieving net-zero emissions by 2050.
To support our global advocacy efforts, we are currently developing a series of key policy content deliverables, specifically:
