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Add to Preferred Sources📅 16 January 2024
Virtual
In the wake of COP28, policymakers and investors face a range of pressures as they must adapt to the changing climate and renew efforts to curb the systemic causes of this crisis – the impacts of which are being felt throughout the industry, civil society, and the economy. BEI members will join us to discuss their experiences at COP28, their main takeaways, and their hopes for the future.
After an action-packed two weeks of fierce negotiations, plenaries, and sessions during COP28, attendees are now returning home to begin preparations for the year ahead. The need to “transition away from fossil fuels” left many mixed feelings due to a lack of stringent language and obligation, with others content with the recognition for this necessary action at such a high level.
The energy sector in particular will benefit as 118 governments have now pledged to triple global renewable energy capacity by 2030. The agreements made will have, in theory, left the 1.5C target reachable, but only if addressed with renewed vigor and carefully thought out strategy. Policymakers and investors face a huge range of short-term pressures as they must adapt to the changing climate, and renew efforts to curb the systemic causes of this crisis – the impacts of which are being felt throughout the industry, civil society, and the economy.
Despite the mixed feelings left by the results of this year’s COP, many BEI members were in attendance to showcase their commitment to combating the climate crisis and the incredible work they are doing around the globe.
British Expertise will be hosting a session with our members CDP, Phyla Earth, and Crown Agents (with more members to be confirmed) to speak to us about their experiences at COP28, their main takeaways, and their hopes for the future.