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December 1, 2023

Editor’s note: COP28 – loss and damage, nature and the risks of disinformation

Gas flares oil field Iraq
Carbon Tracker has identified 28 petrostates where projected revenues from oil and gas could be cut in half as a result of the green transition (Photo: Hussein Faleh/AFP via Getty Images)

The latest edition of our Sustainable Views newsletter

Dear reader,

First off, if you’re already lost in COP news, fear not – we will be compiling regular updates with the key developments you need to know, and a succinct explanation on why they matter. 

In this week’s In Brief, we already have a few announcements from COP28 (including pledges to the “loss and damage fund” created a year ago but which, until yesterday, was still fund-less). 

There is much more in our latest policy and regulatory bulletin – from climate litigation news to new “facilitated emissions” standards. If you haven’t yet (maybe because one of your colleagues has forwarded this email to you), now is a good time to register for a three-week free trial that will give you full access to our content.

In COP-related news, non-profit Carbon Tracker has today released new research on losses that petrostates are set to suffer because of the green transition. It identified 28 of these where projected revenues from oil and gas could be cut in half. Florence has all the details, and some striking charts.

She also has an analysis of a UNEP Finance Initiative’s recommendation that banks should tackle nature and climate together, and mobilise $700bn in finance to address both crises. In her piece, Florence also takes you through what nature-related areas are set to be covered over the next two weeks at COP28.

Among them, as she notes, Brazilian President Luiz Inácio Lula da Silva is expected to announce a fund for the conservation of tropical rainforests, while the World Bank will host a session during the second week of the climate summit focused on mobilising finance for nature.

Finally, while world leaders are intent (hopefully) to avoid catastrophe for the next generations, we can only hope they are also truly listening to youth engaged in creating a more sustainable world.

In our latest podcast episode, Alex talks to Mira Manini Tiwari of the Robert Schuman Centre for Advanced Studies and Akil Callender, youth specialist at the UN Sustainable Energy for All initiative. They discuss age, gender and the impact of disinformation on the young. It’s worth a listen.

As always, to wrap up the week, below you will also find our most popular articles of the past few days, plus a suggestion from the team.

Until Monday,

Silvia

Silvia Pavoni is the editor of Sustainable Views 

 

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