COP28 is the 28th annual United Nations (UN) climate meeting where governments will discuss how to limit and prepare for future climate change. The summit is being held in Dubai, in the United Arab Emirates (UAE), from 30 November until 12 December 2023.
Our legal experts at Browne Jacobson share their thoughts on what we can expect from COP28, covering topics of renewables and building development, nature and government and green sustainable finance and how the decisions made over the next two weeks could impact both public and private sectors.
We will also be providing reactionary updates throughout COP28, providing you with up to date information on the discussions and agreements that have been made.
Renewables and building development
Kassra Powles (Partner, real estate) and Felicity Zakers (Associate, construction) discuss aspirations for renewables and the built environment. In the run up to COP28, Kassra explores what we expect to see come out of COP28 in terms of discussions on renewables and whether the targets set are ambitious or achievable. Felicity then explores the reasoning behind the significance of the built environment at COP and how we could look to develop more sustainably.
In the coming weeks, Kassra and Felicity will sit down to review the event’s messaging and analyse the potential effects of policy announcements and commitments on our clients.
Nature and government
Ben Standing and Craig Elder, partners in the Government team, discuss some of the key themes likely to arise from the most significant forum for global governance on climate change.
A key feature of COP28 will be a “stock take” on the extent to which the world is meeting the commitments of Paris 2015, and leaders will also be taking a deep-dive into technological advances, adaptation, and financing – this will include politically contentious issues such as compensation for loss and damage suffered by countries as they bear the brunt of change.
As the COP progresses, Craig and Ben will catch up again to discuss the messaging from the event, and the implications for our clients of key policy announcements and commitments.
Paul Ray (Partner) and Patrick Berry (Associate) from our banking team discuss COP28 and the role green finance and sustainable finance will look to play in the global agenda of tackling climate change as well as focus on Browne Jacobson’s client base in the mid-market.
Join us in the upcoming weeks as Paul and Patrick react to the policy announcements and commitments made during COP28 and their potential effects on our clients.