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Global heads of state will meet in Dubai on 30 November-12 December 2023 at COP28, the United Nations climate summit, to discuss global action on tackling climate change.

This year’s COP is also the first Global Stocktake of the Paris Agreement – where countries will be able to assess progress towards meeting the goals of the Paris Agreement. As the official COP28 website states: “We are at a halfway point. It has been 7 years since Paris, with 7 years to go to 2030. We must respond to the facts. We need to reduce emissions by 43% by 2030 and course correct on adaptation, finance and loss and damage.”

Discussions this year will include among other things: renewable energy targets; decarbonisation of the oil & gas industry’s Scope 1 and 2 emissions while investing in clean energy solutions such as low-carbon hydrogen, CCS, and carbon dioxide removal; accelerating the phasedown of unabated coal power; further detail on a “loss and damage” fund; and a revised climate financing framework for MDBs. With the devastating physical effects of climate change making themselves only too evident this summer, we can expect two weeks of heated discussions and gruelling negotiations. 

The Linklaters ESG team will be following the negotiations closely and keeping you updated on what this means in practice for corporates and the financial sector across the globe.

Meet the team at COP28

Our ESG team of Vanessa Havard-Williams, Matt Keats, Chris Staples and David Miles will be at COP28. To request a meeting, send an email to the address below.

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Featured content

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COP28: what was decided and what does it mean in practice for business?

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COP28: first results

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front page of our sustainable report 2023 pdf

Sustainability report 2023

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glass globe on leaves

COP28: Key issues and what to expect

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Purple forest

COP28: What to expect

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COP28 Thematic Programme

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COP27 - Climate change in the midst of intersecting crises

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COP28 Reflections - Thursday 7 December 2023 - Blue zone rest day

Speaker: Vanessa Havard-Williams

With the first week of COP28 now complete, Vanessa Havard-Williams shares some of her initial reflections. She notes an increase in energy and more specific engagement in the discussion of the delivery of finance to emerging markets and developing countries, as well as how to blend development finance. She also sees that there is a call for better collaboration and data sharing.

COP28 Reflections - Energy transition in the Middle East and the Gulf region

Speaker: Vanessa Havard-Williams and Luma Saqqaf

In this video, Vanessa and Luma discuss the energy transition journey of the Middle East and Gulf regions.

COP28 Reflections - The ESG regulatory landscape in the Gulf region

Speaker: Vanessa Havard-Williams and Luma Saqqaf

In this video, Vanessa and Luma explore the Gulf regulatory landscape in relation to sustainability and the interaction with international standards and regulation.

COP28 Reflections - Sustainable finance in the Gulf region

Speaker: Vanessa Havard-Williams and Luma Saqqaf

In this video, Vanessa and Luma discuss the potential for sustainable finance and the capital needs in relation to green energy projects in the Gulf region.

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