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05 December 2023

How COP28 can inspire meaningful climate action

In this EY video, discover why COP28 and the Global Stocktake are critical for driving progress on climate change and how they will likely shape climate action for the years ahead.

Thought leaders, global decision-makers and policymakers will be convening in Dubai in late-November for the UN Climate Change Conference, or COP28, to assess and address the state of global affairs on the climate agenda.

In this episode of the EY Sustainability Matters podcast, host Bruno Sarda is joined in person by Amy Brachio, EY Global Vice Chair for Sustainability, and Matt Bell, EY Global Climate Change and Sustainability Services Leader. They explore COP28 and the importance of the first-ever Global Stocktake — a checkpoint discussion on the progress made since the Paris Agreement adoption in 2015.

  • Key takeaways:

COP28 includes the first Global Stocktake to assess progress to address and adapt to climate change on a country-by-country level.

  • The dialogue and collaboration between government and business across sectors are vital for meaningful progress.

  • Recent extremes in climate have created more urgency for the transition to a low-carbon economy.

  • New reporting standards are driving greater transparency and accountability.

  • Global tensions, economic uncertainty and political landscapes impact progress, but businesses are still driving climate action through net-zero commitments.

  • The EY organization and other businesses attending COP28 are looking to have an authentic impact and play a role in driving meaningful action.

    Document ID: 2023-5719

     
     

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