COP28 UAE: Fossil fuels, finance remain key hurdles in the negotiation text at the climate summit

With the clock ticking away, negotiators at the COP28 UN climate summit are saying that a just and equitable phase out of fossil fuels and financing the climate urgency in the Global South are key hurdles that need to be overcome in the negotiating text. 

“There has been language before on finance and a starting point is to acknowledge that $4 trillion are needed by 2030 to address the climate needs of the Global South,” said Andreas Sieber, Associate Director of Global Policy and Campaigns at 350.org, an…