Reaction to new Global Stocktake text at COP28

5 months ago 51

Friends of the Earth International reaction to new Global Stocktake text at COP28:


“The fossil fuel text is alarmingly weak and opens the door to risky, dangerous CCS/CCUS, hydrogen, nuclear, and carbon removal technologies (geoengineering, or nature-based). These loopholes prolong the fossil fuel era, and delay and distract from any meaningful phaseout.

“But there is a political game going on here: countries who claim to be climate champions like the US and EU are calling for stronger fossil fuel phaseout text, despite planning massive fossil fuel expansion. And they are seeking to water down the climate finance provisions (one of the elements of the text which is better than expected) so urgently needed to enable the energy transition in the global South.” Sara Shaw, Friends of the Earth International
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