The UN Climate Change Conference has almost no time to over time. The 28th conference (COP28) held in the UAE this year is no exception.The COP27, more than 80 countries held in Egypt support the proposal to gradually stop using fossil fuel, but after two days of fierce debate and "re -war" for two days, they ended in vain.At this year's conference, the controversy continued to continue whether to get rid of fossil fuel and how long to get rid of it, so that the COP28 could not be planned to be planned at 11 am on Tuesday (12th) of Dubai time at 11 am.The first global inventory reached consensus.
The parties to the negotiations are entangled in the use of words in the agreement text. It is to "gradually eliminate" or "gradually reduce" fossil fuel.Finally, in the agreement reached on Wednesday, the text adopted is "transforming to non -use fossil fuels in a fair, orderly, and fair manner so that it can achieve scientific net zero emissions by 2050." Fossil fuel is by far caused climate change that has caused climate change to date.The biggest factor is about three -quarters of greenhouse gas emissions, and greenhouse gas emissions can lead to global warming and climate change.This is the first time that representatives of various countries have agreed to the world's dependence on fossil fuels in the nearly 30 years of climate negotiations to avoid the worst impact of climate change.
Although the agreement is reached, as the chairman of the COP28 Jobil said, this historic agreement must be truly successful to transform the agreement into practical actions.Scientists can now be almost sure that in 2023 it will become the hottest year since the record, restricting the global climate heating at a level of 1.5 degrees Celsius before industrialization, there is not much time left. HoweverBatting again, it highlights different interests, opinions and positions on the problems of countries around the world in response to climate change, which makes it difficult to reach a consensus plan.Just as the oil producer that relies on oil exports to the export of oil, it is believed that the problem of climate change should focus on emissions, rather than only targeting fossil fuels, and repeatedly emphasize that technological innovation can help reduce the emissions of fossil fuel.It will damage the economic benefits in front of you.
To deal with climate change requires long -term commitments and extensive participation and support of society, governments in some countries may be disturbed by domestic opposition or other emergency affairs and cannot formulate and implement effective climate policies.Many developing countries bear the pressure of high debt, health and education and other basic services, and require them to make significant investments in green energy infrastructure, which is equivalent to requiring them to realize the climate goals of tomorrow and ignore the current economy.question.Therefore, even if the dependence on fossil fuel is written into the agreement text, if it does not provide more funds and clean technologies to developing countries, it is difficult to achieve global transformation from fossil fuel.
To achieve the goal of not using fossil fuels, a pragmatic solution is required. The decourse and investment of risk and investment solve the problem of financing restrictions, and reduce the cost of clean energy transformation, and can be implemented on a large scale.Singapore shows how to help promote the energy transformation plan more practically in COP28.At the meeting, the Singapore Financial Authority launched a number of important financial measures, including the release of the world's first transformation classification method-Singapore-Asia Taxonomy, which clearly defines green and transformed activities to prevent drifting behaviors from promoting the right right.Capital investment for de -carbonization measures.It also launched a hybrid financing platform to provide funds for Asian green and transformation investment. The goal is to cooperate with the development bank, financial institutions and charitable organizations to strive for at least $ 5 billion in funds for the platform.In addition, the HKMA has also cooperated with nearly 30 partners to set up the Transition Credits Coalition to develop the concept of carbon credit to reduce the investment risk of advance retirement of Asian coal -fired power plants.
In fact, fossil fuel is a limited resource and will eventually die.According to the estimates of some institutions, according to the current consumption speed, about 50 years of oil and natural gas supply in the world, and coal supply that is more than 100 years old, so whether we are for the environment, it is necessary to reduce dependence on fossil fuels for the environment.EssenceTurn to renewable energy such as solar energy, wind energy, water energy, and nuclear energy, not only for the environmental consideration, but also the reality inevitable.
