Benchmarks for Success for COP28

The briefing identifies four critical areas for COP28 success: adopting a transformational response to the Global Stocktake, accelerating systems transformation in energy, food, and cities, responding to severe climate impacts through the Loss and Damage Fund and adaptation frameworks, and delivering scaled climate finance to vulnerable nations.

• COP28 must deliver a response to the first Global Stocktake that prompts countries to adopt economy-wide targets in their next round of Nationally Determined Contributions (NDCs), covering all greenhouse gases to limit warming to 1.5 degrees C.
• A successful outcome at COP28 requires a rapid shift away from fossil fuels, including a commitment to triple renewable energy capacity and double the rate of energy efficiency by 2030, while ensuring carbon capture technology is not used to justify expanded fossil fuel production.
• The summit should explicitly integrate food and land use into the climate process, as these systems contribute at least one-third of global emissions and are highly vulnerable to extreme weather.
• Cities are essential partners because they generate 70% of global CO2 emissions, yet municipal governments can only achieve 28% of their urban emissions reduction potential without national government collaboration.
• A primary goal for COP28 is to fully operationalize the Loss and Damage Fund, including finalizing its hosting arrangements—with the World Bank proposed as a temporary host for four years—and determining eligibility for developing countries.
• Negotiators aim to put the Global Goal on Adaptation (GGA) into operation to better measure progress and establish metrics for assessing adaptation action across sectors like health, food security, and infrastructure.
• To meet global goals, annual climate-related finance flows must reach $4.3 trillion by 2030, requiring developed countries to meet the existing $100 billion annual commitment and prepare a new post-2025 global climate finance goal.

APA

World Resources Institute (2023). Benchmarks for Success for COP28. https://www.wri.org/insights/cop28-benchmarks-success

Chicago

World Resources Institute. Benchmarks for Success for COP28. 2023. https://www.wri.org/insights/cop28-benchmarks-success.

Wikipedia

{{cite report |author=World Resources Institute |title=Benchmarks for Success for COP28 |date=2 November 2023 |url=https://www.wri.org/insights/cop28-benchmarks-success |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2023benchmarks, author = {{World Resources Institute}}, title = {{Benchmarks for Success for COP28}}, institution = {World Resources Institute}, year = {2023}, month = nov, url = {https://www.wri.org/insights/cop28-benchmarks-success}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }