The three F’s of COP28 - Part 1: Fossil fuels
For companies and CSOs, a COP28 agreement to phase out fossil fuels would lead to Scope 2 emissions reduction and strengthen the business case for investment in alternatives.
As global sustainability and policy stakeholders head to Dubai next week for COP28, Chief Sustainability Officers should pay particular attention to three main themes: fossil fuels phase-down, climate finance and food systems.
With the world now on track to warm by nearly 3ºC by the end of the century, the heat is (quite literally) on to ramp up decarbonisation commitments, and more importantly, action – with fossil fuels at the centre of the debate.
