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14th Petersberg Dialogue On Climate Change

14th Petersberg Dialogue On Climate Change:

The Petersberg Dialogue on Climate Change was held in Berlin.

  • The 14th Petersberg Dialogue on Climate Change was hosted by Germany and the United Arab Emirates.
  • UAE would be hosting the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change.
  • Objective is to discuss the way forward towards COP28
  • United Nations Secretary-General António Guterres emphasised the need for “cleaning up economies of the developed countries by breaking their fossil fuel addiction and driving decarbonisation in every sector to achieve a 1.5-degree global warming pathway.
  • He reiterated his earlier call for an Acceleration Agenda, where “all countries hit fast-forward on their Net Zero deadlines
  • .Discussions around a potential global target for renewables at the next climate conference.
  • Possibility of an agreement on a global target for renewables and energy efficiency among the G7 countries.
  • It was stated that developed countries are “on a good track” to deliver the $100 billion per year as promised to mobilise by 2020 during the COP15 in 2009
  • 2023 is the year for the Global Stocktake.
  • Global Stocktake: a periodic review of global climate action.
  • It aims to assess whether current efforts will enable us to reach the objectives set out in the Paris Agreement.
  • This is the first Global Stocktake year since the Paris Agreement was signed in 2015.
  • The report is set to be released in September of 2023.