COP29 in Abu Dhabi: World Leaders Unite for Climate Action
- Leaders from the UAE have been in the US discussing climate finance and global commitments to limit temperature rise to 1.5°C.
- The UAE Consensus established at COP28 includes ambitious targets for Net Zero by 2050 and significant financial commitments for climate action.
- As COP29 approaches, the UAE aims to build on progress and address gaps in climate action, reinforcing the UAE Consensus as a guiding framework.
In the lead-up to COP29 in Baku, world leaders, particularly from the UAE, have engaged in high-level discussions in the US, focusing on climate finance and global commitments to maintain a temperature increase of no more than 1.5°C. The UAE Consensus, established at COP28 in Dubai, aims to achieve Net Zero by 2050, enhance renewable energy, and improve energy efficiency by 2030. Significant financial commitments have been made, including a fund for loss and damage and a $30 billion investment vehicle for climate finance in developing nations. The UAE's National Food Security Strategy 2051 and the Agriculture Innovation Mission for Climate initiative further emphasize the country's commitment to sustainable food production and climate-smart agriculture. As COP29 approaches, the UAE aims to build on the progress made and address existing gaps in climate action, reinforcing the UAE Consensus as a guiding framework for transformative climate initiatives.