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COP28: the global stocktake

All eyes are on Dubai as global delegates meet to assess progress on climate change at a crucial halfway point. Bookmark this page for our updates.

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Get ready for COP29

Discover the significance of COP29, taking place in Azerbaijan from November 11 to November 22. Keep yourself well-informed by exploring our new page, where you can access exclusive updates and in-depth coverage of this crucial global gathering.

Learn more about COP29

What is COP28?

COP28 is the 28th annual Conference of the Parties to the United Nations Framework Convention (UNFCC) on Climate Change. It marks the pivotal halfway point between when the Paris Agreement was established at COP21, and its 2030 targets.

This year’s conference is being hosted by the United Arab Emirates from 30 November to 12 December.

What is the global stocktake?

The first five-yearly global stocktake will conclude at COP28. This means the world has an opportunity to assess progress on Paris Agreement goals and align on efforts to bridge gaps. Simon Stiell, UN Climate Change Executive Secretary, has called this stocktake a “moment for course correction”.

Is the world on a 1.5 degree pathway?

Not yet. But what would it take to switch paths? This will be a key part of the discussion at COP28. 

Our independent energy transition outlook (ETO) report maps three different routes through the  energy transition with increasing levels of ambition – but also difficulty and investment. It's our assessment of what it would take to deliver on announced net zero pledges.

Ed Crooks' daily roundups

    

 

Day one roundup

Explore the future of climate action and the energy transition with daily insights from Ed Crooks, a leading industry expert in the energy sector. Stay informed, stay ahead.

 

Day two roundup

One of the biggest developments we had yesterday was Sultan Ahmed Al-Jaber defending his position on climate science. Hear more about this in Ed's daily roundup.

 

Day three roundup

Today, COP28 is all about multi-level climate action, transport and urbanisation, But, as we near the end of the conference, a question is looming: Is COP28 going to come out with an international commitment to phasing out the use of fossil fuels or not? Listen to Ed's round up to hear his thoughts. 

 

Day four roundup

Today is a rest day at COP28 so we're taking a moment to reflect on what's been achieved so far, and a look forward at what we expect to come in the final few days. Climate finance and commitments to cutting emissions are certainly going to dominate the talks for the rest of the conference - but will we reach a global consensus?

 

Day five roundup

"The razzmatazz is over. The showbiz has passed. The world leaders have all gone. What we're left with is negotiators who are getting down to the serious business of arguing over what will be in the final statement that comes out of these talks." But will that final statement commit to a total phase out of fossil fuels, or merely a phase down?

 

Day six roundup

How significant is the impact of COP, now that the conference has concluded? Is it the gathering of global leaders that holds the greatest influence, or the multitude of discussions and agreements occurring alongside the main deliberations?

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Embark on the COP28 journey with our experts on the ground in Dubai. Stay in the loop with live daily updates.

Who is attending COP28 from WoodMac?

Ed Crooks

Vice-Chair, Americas

Ed examines the forces shaping the energy industry globally

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Steven Knell

Vice President, Power & Renewables Consulting

Latest articles by Steven

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Claude Mourey

Director, Hydrogen and New Energies, EMEA

Claude is the Director of Wood Mackenzie’s Hydrogen and New Energies practice for MENA; she is based in Dubai.

Latest articles by Claude

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Aamir Malik

Senior Vice President, Global Head of Energy and Natural Resources Strategy

Aamir works with international and national oil companies to improve financial, commercial and operational performance.

View Aamir Malik's full profile

Basel Jmean

Director, Head of Sales (Middle East, North Africa and Caspian)

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Viv Lebbon

PR Manager

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Our most recent COP28 blogs and podcasts

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