ENERGY - COP28: From global visions to local actions

The 28th edition of the Conference of the Parties (COP28) took place in Dubai from 30 November to 12 December 2023, serving as a strong incentive for nations, organisations and individuals to come together and address the pressing need for climate action.

date: 19/12/2023

The global community has once again outlined ambitious shared goals and commitments to decarbonise industries, reduce emissions, and transition to a net zero economy.

For two days, the European Commission’s Directorate-General for Energy (DG ENER) hosted a series of high-level sessions focused on how to accelerate the energy transition. Branded as the “EU Energy Days”, this side-event featured prominent political figures, including Energy Ministers from Spain, Belgium, Croatia, Sweden, Ukraine, Saudi Arabia, Egypt, Uruguay, and the African Union Commissioner for Energy, Amani Abou-Zeid.

Addressing critical aspects of accelerating the clean energy transition, the sessions covered a wide array of topics including the current geopolitical context, the energy market realities, clean tech funding, and the pathways to a just transition.

Commissioner for Energy Kadri Simson (pictured) expressed her satisfaction with the discussions, emphasising the EU's ambition to show leadership in the fight against climate change.

Now, more than ever, businesses can play a role in turning the COP28 aspirations into reality. Now is the time for companies, regardless of their size, to seize this momentum and turn it into actionable strategies that not only benefit the planet but also enhance their business resilience and longevity.

If your company is seeking ways to navigate the path toward sustainability, the Covenant of Companies is here for you. Make a pledge today and join the movement.

Read more about the “EU Energy Days” at COP28 here.