CNBC's Natasha Turak is reporting on Pacific Island nations anger over the new COP28 deal. 

Pacific Island representatives expressed deep disappointment with the outcome of the COP28 climate summit, highlighting that they were not present in the room when the final deal was announced. This exclusion was particularly shocking for them, given their vulnerability to rising sea levels and the existential threat posed by climate change. The final deal, which calls for a transition away from fossil fuels, was criticized by the Alliance of Small Island States (AOSIS) for its lack of concrete actions, including no commitment to phase out subsidies for fossil fuels or to peak emissions by 2025. Despite the UAE summit presidency's praise of the agreement for including language on fossil fuels and setting goals for renewable energy, Pacific Island states and activists see the deal as inadequate and filled with loopholes, failing to address their urgent needs and the broader goal of limiting global warming to 1.5 degrees Celsius. The influence of corporate interests and the absence of stronger commitments to phase out fossil fuels were also lamented by Pacific climate activists and environmental groups.

Source: CNBC

(This article was written with assistance from ChatGPT)


Written by Ursa Nova

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