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Questions and Answers
What must developed countries deliver on by 2025?
The Global Renewables and Energy Efficiency Pledge has India as a signatory.
False
Adherence to the __________ principle in the implementation of geo-engineering technologies is crucial.
precautionary
Match the following COP28 pillars with their descriptions:
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What is the purpose of the Loss and Damage Fund initiated at COP28?
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Study Notes
COP28 Highlights
- COP28 adopted the UAE Consensus, marking a milestone in global climate efforts.
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Key Pillars of COP28:
- Just, orderly, and equitable energy transition
- Climate financing improvements
- Focus on people, their lives, and livelihoods
- Full inclusivity in all endeavors
Key Outcomes of COP28
- Launch of the Global Renewables and Energy Efficiency Pledge: This initiative encourages transitioning away from fossil fuels, but India did not sign the pledge.
- Introduction of the Global Cooling Pledge: This pledge aims to reduce greenhouse gas emissions from cooling technologies.
- Oil and Gas Decarbonization Charter: This charter aims to reduce emissions from the oil and gas industry.
- Initiation of the Global Green Credit Initiative (GGCI) by India: This initiative aims to mobilize capital for green projects.
Loss and Damage (L&D) Fund
- The COP28 conference officially established the Loss and Damage Fund, aiming to assist vulnerable nations impacted by climate change.
- The L&D fund entails compensation from developed countries to poorer nations severely affected by climate change, despite their low carbon footprints.
- Prior to the establishment of the fund, the Warsaw International Mechanism (WIM) was established at COP19 in 2013 to address Loss and Damage for developing countries.
- India advocates for the expansion of the L&D fund to encompass all developing nations, going beyond small islands and least developed countries.
Other Important Points
- COP28 urged developed countries to deliver on their promised USD 100 billion annual climate finance goal by 2025.
- There's a call for the precautionary principle to guide the use of geo-engineering technologies.
- Enhanced capacity-building support from financial institutions is encouraged.
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Description
Discover the key highlights and outcomes of COP28, including the UAE Consensus and major pledges for renewable energy and climate finance. This quiz delves into the significant initiatives launched, such as the Global Renewables Pledge and the establishment of the Loss and Damage Fund. Test your knowledge on the climate actions that aim for a more sustainable future.
