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South-east Asia heads into COP28 focused on just transition, financing

Financing for adaptation, loss and damage fund and early retirement of coal plants among key issues for region

Janice Lim
Published Wed, Nov 29, 2023 · 05:00 AM
    • COP28 will also conclude the first-ever global stocktake - a two-year endeavour to assess the progress governments have made in cutting emissions, and make recommendations on what more needs to be done.
    • COP28 will also conclude the first-ever global stocktake - a two-year endeavour to assess the progress governments have made in cutting emissions, and make recommendations on what more needs to be done. PHOTO: AFP

    LOSS and damage funding, carbon markets and a just energy transition will be among key issues for South-east Asia as world leaders, business leaders and activists converge in Dubai on Thursday (Nov 30) to kick off this year’s edition of the annual United Nations Climate Change Conference.

    Also known as COP28, the conference will conclude the first-ever global stocktake – a two-year endeavour to assess the progress governments have made in cutting emissions, and make recommendations on what more needs to be done.

    The Business Times looks at the unresolved issues from the previous COP and what is at stake this year, especially for South-east Asia.

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