As another year of record emissions draws to an end, it’s worth looking back on what’s been achieved.
Like every year, the quick answer is more than nothing but less than enough. To dissect that in more detail, here are our six takeaways from the year in climate.
1. Oil and gas felt the heat
Phasing out or down fossil fuels? Abated or unabated? Scaling up renewables, carbon capture and storage (CCS) and techno solutions. Energy dilemmas, and their buzzwords animated international talks in 2023.
The headline breakthrough came at the end. The Cop28 agreement included for the first time a goal to move away from all fossil fuels in energy systems.
It was the centrepiece of a bigger package that included a call for the tripling of renewables and doubling energy efficiency by 2030.
But it also gave a platform to “transitional fuels” (read gas) and CCS, which some politicians and campaigners regard as “dangerous loopholes” for continued fossil fuel use.
Cop hosts the UAE and most developed countries welcomed the deal as “historic”. For small island states and other vulnerable nations it did not go far enough.
Like most Cop agreements, it was the result of a hard-won compromise struck in overtime – after Saudi-led opposition threatened to leave oil and gas out of the text altogether.
Cop28 president Sultan Al Jaber applauds in the closing plenary (Photo: Flickr/Cop28/Christopher Pike)
The road to Dubai had been equally bumpy. The G7 saw fights over gas and coal with hosts Japan attempting to push controversial strategies like ammonia co-firing.
The G20 in Delhi offered a dress rehearsal of what was to expect at Cop with broad agreement over renewables and bitter disputes over fossil fuels.
In the background, Sultan Al Jaber, oil executive turned Cop president, garnered constant curiosity and scrutiny. He was initially adamant that the focus should be on emissions and not on the fuels themselves, raising more than an eyebrow. But, amid a series of controversies and apparent slip-ups, his position gradually shifted.
Al Jaber contended the Dubai deal would be enough to keep the 1.5C goal in sight. A day later he told the Guardian that Adnoc, the oil firm he runs, would press ahead with a massive oil and gas expansion.
Other rich nations, like the US, keep him company on that front. Such chasms between words and actions will continue to be closely watched.
2. Slow progress on climate cash
The other side of the coin from the fossil fuels debate is finance. When rich countries ask their developing counterparts to sign on to ambitious energy transition plans, many reply: ‘who is going to be paying for that?’
When governments wrangled over targets for adapting to climate change, similar questions were asked.
A clear answer was never forthcoming. We might get more clarity in 2024, with governments set to discuss, and hopefully agree on, a new collective goal at Cop29 in Baku in November.
But a lack of trust has taken root. Rich countries have so far not respected the previous commitment to provide $100 billion a year in climate finance to vulnerable countries.
That was “likely” met in 2022, two years after the original deadline, according to the OECD. We will be looking out for the receipts for confirmation.
Countries were also invited to refill the coffers of the Green Climate Fund. The four-yearly replenishment round got off to a decent start, but an underwhelming pledging summit in October put ambition at risk.
Then the US landed in Dubai in December with a $3 billion funding promise. It brought total pledges to $12.8 billion – setting the GCF on course for a “middling” level of ambition.
But that comes with a gigantic caveat. To deliver the dollars, the Biden administration will have to persuade Republicans in Congress or take control of it by winning elections. Both are tall orders.
Graphic: Joe Thwaites/NRDC
Money talked outside UN diplomacy too. Lots of attention centred on the much-touted reforms of multilateral development banks inspired by the Bridgetown Agenda.
Progress has been slower than many were hoping for. The World Bank lowered its equity-to-loan ratio, freeing up $4 billion a year.
It also installed a new more climate-aware president, officially changed its mission statement and promised pauses in debt repayments for disaster-hit countries. Encouraging steps, but far short of the trillions of dollars developing countries have been calling for.
3.US-China climate talks thawed
Formal diplomatic relations between the world’s biggest polluters suffered an ice-age-like deep freeze in the latter part of 2022 after US Congressional leader Nancy Pelosi visited Taiwan. Climate talks were collateral damage.
But 2023 saw a slow but steady thawing. It culminated in a momentous bilateral meeting held in Califonia’s Sunnylands resort a few weeks before Cop28.
The countries’ respective climate envoys, John Kerry and Xie Zhenhua, agreed to revive a climate working group and sketched out the outline of a potential alignment in the upcoming negotiations.
It proved decisive. In particular, their joint support to “accelerate the substitution for coal, oil and gas generation” helped find the right formula to unstick the thorny energy language in Dubai.
U.S. Special Presidential Envoy for Climate John Kerry shakes hands with his Chinese counterpart Xie Zhenhua before a meeting in Beijing, China July 17, 2023. (Reuters/Valerie Volcovici/ File Photo)
The special personal relationship between Kerry and Xie was a big factor in these improved relations.
When formal diplomacy was on hold, the two kept talking. Xie even brought his grandson to Dubai because the 8-year-old wanted to say “happy birthday to my good friend Mr. Kerry”, who turned 80 during the summit.
But Cop28 was most likely their last hurrah together. Xie is set to retire soon ending a 16-years on-and-off stint. He is likely to be replaced by Liu Zhenmin, a former vice foreign minister.
Kerry has been vague about his future with US elections looming large on the horizon. He recently told Reuters that he would “continue as long as God gives me the breath and work on it [climate] one way or the other”.
4. Carbon credits terrible year
To say 2023 won’t be remembered as carbon credits’ finest year is an understatement. It began with a now-infamous report pouring cold water on forestry-based offsets and ended with talks over Article 6 falling apart spectacularly in Dubai.
In between, scandal after scandal dented the reputation of carbon markets. From the collapse of the world’s second largest project to the suspension of dozens of schemes over exaggerated claims or alleged human rights violations. The blowback prompted even some of the most enthusiastic corporate credits buyers to cool on the idea.
Co-chairs of negotiations at Cop28 on carbon trading rules
(Photo: Flickr/Cop28/Kiara Worth)
Many carbon market supporters had pinned hopes on Cop28 for a spot of good news. Ahead of the talks, it looked like governments could finally fire the starting gun on the creation of a long-awaited global carbon market under the Paris Agreement.
But those hopes were misplaced. Negotiations ended without an outcome following a bitter disagreement over integrity rules between the US and the EU.
Leaping on the string of failures, some critics have been pushing for the whole concept of carbon offsetting to be chucked into the dustbin of history.
But others claim carbon markets provide an essential source of finance for developing nations, love it or loathe it. They are trying to build them back up from the nadir with more stringent climate provisions and better social safeguards.
5. Coal-to-clean deals reality check
As promises turned into proper plans, Just energy transition partnerships (Jetp) hit the cold wall of reality in 2023. The three initial deals – with South Africa, Indonesia and Vietnam – have all been beset by issues.
The type of money put on the table by rich nations has been a source of common grievance. Grants make up a very small percentage of the funding packages, fuelling fears over debt. As a result, recipient countries revised climate targets downwards.
The energy transition deal aims to wean Indonesia off coal, which now takes up nearly half of the country’s electricity mix. Photo: Kemal Jufri / Greenpeace
Indonesia has watered down coal retirement plans. It now aims to start shutting down on-grid plants before their scheduled closure no earlier than 2035 – five years later than originally planned.
So-called captive plants, that power specific industries, have also caused a massive headache. Wrong assumptions meant a much lower number of them were baked in the original modelling. Struggling to find a way out, the Indonesian government has so far excluded them – and their emissions – wholesale from the Jetp blueprint.
Vietnam’s investment plan, unveiled during Cop28, has no timeline at all for retiring coal. It expects instead to operate plants “flexibly” and to rely on the controversial co-firing of biomass and ammonia with coal.
The authoritarian Vietnamese government has also all but buried the ‘just’ aspect of the partnership. It has jailed five environmentalists on tax evasion charges, which human rights groups say are trumped-up accusations.
Vietnamese campaigner Hoang Thi Minh Hong was sentenced to three years in prison. Photo: CHANGE/350Vietnam
In South Africa, the transition is meant to be reasonably easier as its Apartheid-era coal plants are nearing retirement. But crippling blackouts prompted President Cyril Ramaphosa to say the timetable “must be relooked at” earlier this year.
The plan is also facing fierce opposition from the powerful coal lobby. Our investigation with Oxpeckers discovered the sector partnered with politicians and even managed to water down or delay key policies in a bid to sink the scheme.
6. Loss and damage fund’s good start
As the Cop27 president gavelled the landmark decision on a loss and damage fund in Sharm-el-Sheik, a question loomed large: will countries manage to agree on how it should work within the following 12 months?
‘Yes, definitely’ was the answer.
Governments adopted the decision on operationalising the fund on the very first day of Cop28. It gave the summit’s president Al Jaber an early win and prevented loss and damage from being used as a bargaining chip in the ensuing negotiations.
The success is down to the painstaking work of a 24-member transitional committee that hashed out the details over five gruelling meetings. At the outset, developed and developing countries were at odds on just about everything: who should benefit from the fund, who is expected to pay into it, where it’s meant to be hosted.
Distances gradually narrowed and a compromise deal was eventually struck a month before the climate summit. The World Bank will initially host the fund for four years, despite strong resistance to its involvement from developing nations.
Campaigners at Cop27 call for a loss and damage fund to be set up (Photo credit: Kiara Worth/UNFCCC)
All developing countries “particularly vulnerable” to the effects of climate change will be eligible to benefit from the mechanism. However, the definition of vulnerability – one of the thorniest issues – has not yet been defined.
The decision “urges” developed countries to provide financial resources to the fund, while other nations are only “encouraged” to do so “on a voluntary basis”. Rich nations have been strongly pushing to broaden the donor pool and will likely keep up their efforts.
Pledges from a slew of countries should inject over $700 million for the start-up of the fund. The UAE won plaudits by committing $100 million. The US was lambasted for offering a paltry $17.5m, despite being the world’s largest economy and biggest historical emitter.
The post Six takeaways from 2023’s climate change news appeared first on Climate Home News.
Climate Change
IPCC scientists vow to press on with climate reports despite political deadlock
Scientists have vowed to keep working on the next flagship set of reports for the Intergovernmental Panel on Climate Change (IPCC), after a political row over the timeline for their release saw its latest session suspended on Friday evening without agreement.
During the weekend, government officials and scientists alike expressed disappointment over the inability to reach a compromise before some delegates from developing countries and small island states had to leave the week-long meeting in Ethiopia to catch flights home.
The disagreement – which has persisted since early 2024 – turns on whether the three key parts of the AR7 assessment should all be published before the conclusion of the UN’s next Global Stocktake of global climate action, which is due to be completed in late 2028.
The IPCC issued a statement after the close of the session, saying that “key agenda items” – the timelines for the three AR7 reports, as well as the IPCC budget – remain open and under discussion. It said the IPCC’s plenary session and its deliberations on the pending agenda “will resume at the earliest opportunity”, giving no further details of when.
IPCC Chair Jim Skea told delegates in closing remarks that recent months had been some of the most turbulent for the climate science panel and that, if there were stronger words than “profound disappointment” he would use them, according to a summary published by the Earth Negotiators Bulletin (ENB). IPCC discussions happen behind closed doors.
IPCC scientists remained committed
In an open letter, issued on Monday, a group of nearly 120 scientists – from a total of 664 AR7 authors – said they “stand committed to continue working to deliver the AR7 reports in a manner that is rigorous, timely and inclusive, in line with our mandate to be policy-relevant”.
“An assessment that arrives after the decisions it is meant to inform cannot serve its purpose,” they emphasised. “The second Global Stocktake in 2028 is such a decision point, and the world should not have to face it without the IPCCʼs latest assessment.”
Europe, small islands and the least developed countries, plus many Latin American and developed nations, want the IPCC to meet this deadline, arguing that the findings from the UN climate science body are irreplaceable in the UN climate policy-making process.
However, around a dozen developing countries plus Russia have argued that the reports should come later in order to allow for greater research input from the Global South – something that, in their view, would make the findings fairer. They also claim that a shorter timeline would put excessive pressure on experts.
The most vocal of this group at last week’s meeting were India and Saudi Arabia, according to the ENB summary and a developed country diplomat. Critics see this push for a longer timeline as an excuse to deprive government decision-makers of the latest science and ease pressure on emerging economies to raise their ambition, particularly on cutting emissions.
Commenting on last week’s meeting, France’s ambassador for climate negotiations Benoît Faraco said a broad coalition of developed and developing countries from all five continents, “united in their support for science and the timeline proposed by scientists”, had withstood pressure “from a few countries” seeking to slow down the process of adopting the IPCC reports.
He added that France would not back down and would “continue to fight tirelessly for science, protect the integrity of information, and convince our partners that without the best available scientific data, we will be less effective in tackling climate change and protecting our populations”.


Inclusivity proposal stalled
In a bid to unlock a solution for the AR7 timeline, countries discussed ways to improve the inclusivity of the IPCC’s work. One option put on the table was for the IPCC to expand its funding for delegates from developing countries to attend some or all of its sessions from one to two participants, according to the ENB summary and a delegate speaking to Climate Home News.
That would increase the costs for the IPCC to complete AR7 by up to a quarter, according to an assessment shared by the secretariat. The panel’s budget is under severe strain and its officials have warned that, without additional voluntary contributions, it risks running out of money before it can deliver on this assessment cycle.
Climate Home News understands that some of the IPCC’s traditional donors – which mainly include European countries, Japan and Australia – indicated a willingness to support funding for an additional developing country participant. But without an agreement over the budget or the timeline for the reports, that option was ultimately not adopted.
‘Disappointed and worried’
The three reports are managed by working groups that collate and draw overall findings from the latest scientific studies and data on the physical effects of global warming around the world, how to adapt to it, and pathways for cutting planet-heating emissions in order to meet the temperature goals of the Paris Agreement.
Winston Chow, an urban climate professor at Singapore Management University who co-chairs Working Group II on adaptation, wrote in a LinkedIn post that he was “disappointed and worried” for the IPCC authors who have worked “extraordinarily hard” to assess the relevant climate science over the past two years.
He said he shared their concern that “the rigour, time and goodwill they’ve invested are now being put at risk by the Panel’s stalemate”.
As science comes under attack at UN talks, climate movement splits over how to respond
For Working Group II, a meeting for 250 experts writing that report is scheduled for January 2027, followed by the approval of a special report on cities and climate change in Singapore next March.
But because the IPCC’s budget has not been confirmed due to uncertainty about the AR7 schedule, travel support for those researchers is at risk, wrote Chow. “If they cannot participate, our assessments will lose vital expertise, perspectives and scientific breadth, and the collective effort of our authors will be undermined,” he warned.
Scientific work continues
Despite the political holdups, he – together with French climate scientist Robert Vautard, co-chair of Working Group 1 – agreed with IPCC head Skea who told the IPCC’s closing session on Friday: “The engine room of the IPCC is working, and it’s healthy.”
Vautard commented in a separate post on LinkedIn after it ended: “The boat is at full steam.” Working groups I and II are due to start revising the first drafts of their reports, while Working Group III on reducing emissions is finalising its first draft which will be out soon, he wrote.
“The most exciting two years of the cycle are ahead, for the authors. The momentum in the engine room is here and now. Trust the engine room!” he added.
The IPCC and some scientists report that progress has been made towards achieving an equitable balance of authors from the Global North and the Global South.
The group of researchers who signed the open letter on Monday noted that “inclusivity is at the heart of how we work”, with author teams bringing together experts from developed and developing countries with diverse backgrounds and at different stages of their careers.


Plea to overcome political differences
The signatories include several scientists from some of the countries opposed to the alignment of all IPCC reports with the Global Stocktake.
“We are committed to an assessment in which the knowledge, experience and priorities of every region are fully reflected, a commitment we share with the leadership of the IPCC.
Equity is built into how our assessment is being drafted,” they added.
They appealed to governments that make up the IPCC “to overcome their political differences and work together as we do as a global scientific community, so that we can deliver the IPCC reports the world needs to hear”.
In a statement published on Monday, IPCC chair Skea said reaching consensus on the schedule for the reports is “vital”. He added that the assessments provide authoritative scientific evidence to inform national climate policies, strengthen adaptation and resilience and support access to climate finance, as well as helping communicate the scale of the climate crisis and the urgency of efforts to tackle it.
The post IPCC scientists vow to press on with climate reports despite political deadlock appeared first on Climate Home News.
IPCC scientists vow to press on with climate reports despite political deadlock
Climate Change
Protecting nature is a public duty, not a Wall Street profit opportunity
An Lambrechts is a biodiversity politics expert at Greenpeace International with extensive experience in biodiversity-related multilateral negotiations. She is the head of the Greenpeace delegation at the Convention on Biological Diversity (CBD) COP17 happening in Yerevan, Armenia.
In 2022, COP15 delivered the landmark Kunming-Montreal Global Biodiversity Framework to halt and reverse biodiversity loss by 2030. With COP17 starting in Yerevan, we are now halfway to the deadline, and according to the first Global Review of progress, countries are not on track to meet the biodiversity targets, and implementation must accelerate fast.
One of the main findings of the Global Review is that funding falls far short of the scale needed to halt and reverse nature loss. But the crisis facing the world’s biodiversity is not an absolute scarcity of capital – it is a profound public policy distortion.
The global economy currently spends roughly $30 destroying nature for every single dollar invested in its protection. According to a report from the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, a staggering $2.4 trillion is spent in public subsidies for fossil fuels, agriculture and water use, while global investment in biodiversity conservation and restoration stands at a mere $220 billion.
Countries urged to ramp up “insufficient” nature policies at COP17
Yet, discussions about how to close the biodiversity finance gap continue to claim that salvation lies in mobilising private capital, scaling offsets and “derisking” investments in nature. This is a fundamental misunderstanding of both the nature of ecological stewardship and of the global financial architecture.
Biodiversity conservation is not a speculative investment portfolio – it is the foundation of human survival. The health of our planet is a non-monetisable, non-excludable public good. Expecting profit-seeking private capital to protect nature perpetuates the structural drivers of ecosystem destruction in the first place.
But if private market mechanisms cannot save biodiversity, where will the necessary public resources come from?
Money going to the wrong places
The answer lies in recovering the vast public wealth currently drained by cross-border tax abuse, financial secrecy and corporate impunity. Finance and environment ministers meeting in Yerevan must give a strong political signal that, to avert ecological breakdown, countries need to take swift action to reform global tax rules, eliminate harmful public
