COP28 Climate Summit Enters Crucial Negotiation Phase

Key Decisions on Fossil Fuel Reduction and Climate Damage Fund Await as COP29 Still Lacks a Host

COP28, the United Nations climate summit, is in its second week in Dubai, with the focus on negotiations and key decisions on climate change.
The summit has seen discussions on the reduction of fossil fuel use, setting up a loss and damage fund for climate-related damages, and the reduction of methane emissions.
Controversy has arisen over the summit's location in the United Arab Emirates, a major oil producer, and the attendance of over 2,400 representatives from the fossil fuel industry.
Despite the progress made, there is still no host or location for next year's summit, COP29, due to disagreements among member countries.
Key outcomes of the summit will include the final documentation of the global stocktake, an assessment of the world's progress towards the Paris Agreement goals.