Physical Address

23,24,25 & 26, 2nd Floor, Software Technology Park India, Opp: Garware Stadium,MIDC, Chikalthana, Aurangabad, Maharashtra – 431001 India

Day 10- “COP28’s Global Commitment: A Pinnacle for Nature and Climate Action”

As we enter the last few days of COP28, crucial decisions were made on December 9, the tenth day, regarding the conservation and sustainable use of nature, land, and oceans. These decisions signify substantial progress in addressing key environmental challenges and underscore a renewed commitment to protecting our planet.

 “Leaders Pledge Over $186 Million to Drive Climate Action”

COP28’s Nature, Land Use, and Ocean Day witness a historic moment as global leaders endorse commitments exceeding $186 million, solidifying their dedication to propel climate action and fortify efforts to protect and rejuvenate nature.

“Groundbreaking Commitments Unveiled for Forests, Mangroves, and Ocean Conservation”

Landmark commitments announced during COP28 affirm the essential role of near-term action on nature in achieving the Paris Agreement’s goals. The focus spans across forests, mangroves, landscape restoration, nature finance, and the ocean.

 “Urgent Collaboration for a Sustainable Future”

H.E Razan Al Mubarak, UN Climate Change High-Level Champion for COP28, emphasizes the necessity of collaborative efforts, especially with indigenous peoples and local communities. The diverse and robust turnout at Nature, Land Use, and Ocean Day underscores global support for the dual nature-climate agenda.

“Financial Momentum: $186 Million Boost for Nature and Climate Initiatives”

Over $186 million in new financing is announced during the event, building on the $2.5 billion mobilized during COP28’s World Climate Action Summit. This financial commitment underlines the urgency and significance of prioritizing nature in the pursuit of climate goals.

“Indigenous Leadership and Biodiversity Conservation”

Recognition of indigenous communities’ crucial role in biodiversity conservation is highlighted. Goals set during COP26, including halting deforestation by 2030 and protecting 30 percent of land and ocean by 2030, depend on investment and leadership from these communities.

“Global Collaboration: COP28 Joint Statement on Climate, Nature, and People”

A joint statement between the COP28 Presidency and the Convention on Biological Diversity signals a new commitment among 18 countries to coordinate and simultaneously implement nature and climate strategies, fostering global collaboration for a sustainable future.

 “Expanding Commitments and Partnerships Beyond COP28”

Reiterating commitments made during COP28’s World Climate Action Summit, new announcements include the expansion of the Mangrove Alliance for Climate, formal endorsement of the Mangrove Breakthrough, and a strategic partnership between the UAE and Brazil bridging COP28 to COP30.

 “Business and Financial Institutions Join the Movement”

Over 150 businesses and financial institutions commit to setting climate and nature targets, aligning with frameworks like the Science-Based Target Network. This emphasizes the private sector’s crucial role in driving investments in nature-based solutions.

 “Brazilian Leadership: A Two-Year Partnership for Nature Mobilization”

Brazilian President Lula da Silva and the COP28 Presidency announce a two-year partnership aimed at mobilizing new resources and political support for nature, laying the groundwork for a sustainable future on the road to COP30 in Belém.

CFC Sri Lanka
CFC Sri Lanka
Articles: 133