Just energy transition and the commercialisation of COP

COP climate conferences have evolved into annual events whose outcomes have major impacts on energy sector financing and development. COP26 in Glasgow brought an end to gas-related finance. Something of an energy industry jamboree at COP27 in Sharm el-Sheikh partly reversed that trend.

Key issues at Abu Dhabi’s COP28 will include resolving whether international financing commitments have been unlocked and whether Just Energy Transition can help the global south to counter climate change while simultaneously promoting development goals.

COP 28 image, istock

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