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Nations strike deal at COP28 to transition away from fossil fuels
(www.reuters.com)
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this post was submitted on 13 Dec 2023
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For this one there is the very obvious loss and damages fund, which has been brought throu. Then you have the nuclear alliance with a good number of countries planning to tripple nuclear production.
As for COP6 they did not agree on carbon sinks. That was the US trying to basicly say that they have a lot of carbon sinks, so them emitting a lot was totally fine.
As for me being "optimistic" I am not. I am just realistic enough to understand that the COPs are a forum to talk about the issue and some solution will be shown. That is about all that it is. The UN is not a world government and same story for COPs. In the end of the day the key are things like the Past Coal Alliance and similar projects of a smaller number of countries. The loss and damages fund being set up is good news and I bet you we will see more stuff like carbon tariffs in the future.
The loss and damage fund came through with almost no money. It's a symbolic payment, not one that's anywhere near compensating those harmed for actual damages.
The promise to triple nuclear capacity is to do so by 2050. This means nuclear grows far more slowly than wind and solar will.