COP28 Enters Final Stretch as UAE Pushes Fossil Fuel Deal

The COP28 climate summit in Dubai entered its final two days as Sultan Al Jaber, the Emirati oil executive who’s presiding over this year’s talks, sought to produce a text that would include a commitment to reduce the world’s consumption of oil and gas for the first time.

Early on Monday, negotiators were awaiting a draft of the agreement that would try to bridge the gap between countries that want a complete phase out of fossil fuels and those opposing it, led by Saudi Arabia and other oil exporting countries. Outstanding issues include a plan to scale up climate finance for the developing world and a framework for helping poorer nations adapt to a warmer planet.

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