Today is the first day of COP28, where participants will discuss the first-ever global stocktake, an assessment of global action on climate change to date. The global stocktake report includes an inventory of climate-related data which evaluates whether the world is on track to achieve the goals set out in the Paris Agreement. The goal is for countries and other actors to use these technical findings to step up political actions and set more ambitious national targets and actions, to accelerate global climate action. In this week’s episode, host Sarah Backer dives into the equity and environmental justice considerations of the global stocktake with Angela Barranco, the Director for North America at the Climate Group and Charles Di Leva, Partner at Sustainability Frameworks, LLP and Former Chief Officer of Environmental and Social Standards at the World Bank.  

Relevant Resources:  

Financial Times, UK, Canada and Germany lead fresh push against coal power at COP28 

Reuters, COP28 kicks off with climate disaster fund victory 

Glasglow Financial Alliance for Net Zero, Amount of finance committed to achieving 1.5°C now at scale needed to deliver the transition 

International Energy Agency, For the first time in decades, the number of people without access to electricity is set to increase in 2022 

The World Bank, Detox Development: Repurposing Environmentally Harmful Subsidies