4 Actions Vulnerable Countries Need from COP28

The World Resources Institute outlines four key demands from the ACT2025 consortium for COP28: advancing ambition to limit warming to 1.5°C through a 43% emissions cut by 2030; scaling up people-centered adaptation; operationalizing loss and damage institutions; and mobilizing trillions in climate finance to replace the insufficient billion-dollar commitments.

• To limit warming to 1.5 degrees C, the global community must reduce greenhouse gas emissions by 43% by 2030 and 60% by 2035 compared to 2019 levels. This requires G-7 and G-20 economies to lead, as G-20 nations represent only 10% of countries but are responsible for approximately 75% of global emissions.
• COP28 must secure a commitment to equitably phase out all fossil fuels, including coal, gas, and oil. A specific target is proposed to triple renewable power capacity from 2022 levels by 2030, which would mean renewable energy accounts for an average of 90% of new generation capacity annually.
• Adaptation efforts must be scaled up to address crises affecting over 800 million people, such as hunger, famine, and droughts. The document warns against maladaptation, citing an example in Bangladesh where converting rice fields to shrimp aquaculture ponds displaced workers and benefited large landowners.
• The international community must fully operationalize the loss and damage fund and the Santiago Network. ACT2025 suggests the Santiago Network could serve as the technical arm of the fund for needs assessments and calls for an IPCC special report on losses and damages by COP30.
• There is a massive gap in climate finance; while the transition to a 1.5-degree world may cost between $1.5 trillion and $5.9 trillion annually through 2030, only $83.3 billion in climate finance was mobilized from developed to developing countries in 2020. Developed countries are urged to address the failure to meet the $100 billion annual commitment by agreeing to at least $120 billion per year through 2025.
• Financial needs for vulnerable countries are projected to rise sharply: adaptation needs could reach $300 billion annually by 2030 and $565 billion by 2050, while loss and damage needs could reach $580 billion annually by 2030 and $1.7 trillion by 2050.

APA

World Resources Institute (2023). 4 Actions Vulnerable Countries Need from COP28. https://www.wri.org/technical-perspectives/actions-vulnerable-countries-need-un-climate-summit

Chicago

World Resources Institute. 4 Actions Vulnerable Countries Need from COP28. 2023. https://www.wri.org/technical-perspectives/actions-vulnerable-countries-need-un-climate-summit.

Wikipedia

{{cite press release |author=World Resources Institute |title=4 Actions Vulnerable Countries Need from COP28 |date=23 May 2023 |url=https://www.wri.org/technical-perspectives/actions-vulnerable-countries-need-un-climate-summit |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{worldresourcesinstitute2023actions, author = {{World Resources Institute}}, title = {{4 Actions Vulnerable Countries Need from COP28}}, publisher = {World Resources Institute}, year = {2023}, month = may, url = {https://www.wri.org/technical-perspectives/actions-vulnerable-countries-need-un-climate-summit}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }