COP28: Draft agreement calls for reduction in 'consumption and production of fossil fuels'

Axes proposals for full 'phase out'

Draft text from COP28 Presidency includes raft of proposals for accelerating the roll out of clean technologies and references the need to tackle fossil fuel production - but axes proposals for a full 'phase out'

The UN climate talks are set for a dramatic final day, after the COP28 Presidency published a long-awaited draft of its proposals for a final deal in Dubai, including what could prove to be an historic call to reduce fossil fuel consumption and production "in a just, orderly and equitable manner so as to achieve net zero by, before or around 2050". The latest iteration of the Global Stocktake - widely regarded as the most important document being negotiated at this year's UN Climate Summit - was published late afternoon local time, finally giving observers the clearest indication yet of ...