ESG Reporting Frame Work

COP28 In Dubai: Global Leaders Unite for Climate Action

As the 28th United Nations Climate Change Conference, COP28, unfolds in Dubai from November 30 to December 12, the world is uniting to fight against urgent issues related to climate change. Government ministers from almost 200 countries, including Indian Prime Minister Shri Narendra Modi Ji, are actively participating in discussions to shape a sustainable future. With the clock ticking, the conference is at a crucial moment for global collaboration on climate action.

COP28 What it is?

COP28 Dubai serves as a crucial platform for global collaboration and decision-making on climate change.  The summit highlights the collective responsibility of nations to tackle environmental challenges and promote innovative approaches to sustainability.

COP28 Agendas: Priorities and Action Agenda:

The COP28 Action Agenda is focused on keeping the 1.5°C target within reach. The Global Stocktake issued under the Paris Agreement highlights the need to reduce 22 gigatons of emissions before 2030. The priorities include transitioning to clean energy, fixing climate finance, focusing on nature, lives, and livelihoods, and mobilizing inclusivity for all. This united effort serves as a call to action, urging the delivery of actionable solutions to address the climate crisis.

Keynote from Indian Prime Minister Shri Narendra Modi:

Prime Minister Narendra Modi's speech at COP28 highlighted India's commitment to sustainable development. Emphasizing the One Earth, One Family, One Future initiative. He also put light on that despite having 17% of the world's population, India's contribution to global carbon emissions is only 4%. 

He highlighted India's achievements in meeting emission intensity and non-fossil fuel targets ahead of schedule. India aims to reduce emission intensity by 45% by 2030, increase the share of non-fossil fuels to 50%, and achieve net-zero emissions by 2070. 

Gree Credit Programme

The Prime Minister also highlighted that we should incline towards the Green Credit Initiative that was introduced at the G20 summit. This initiative seeks to move beyond traditional commercial mindsets and actively engage the public in the campaign to transform carbon credits into a tangible force for environmental good. He urged global collaboration to rectify the mistakes of the past century, acknowledging the urgent need for collective responsibility. 

He proposed hosting COP 33 in India in 2028 and called for a united effort to achieve climate targets, emphasizing the importance of a balanced, inclusive, and innovative energy transition.

Global Perspectives at COP28:

Countries are currently clashing over a possible agreement to phase out fossil fuels. Some of them, including Saudi Arabia and Russia, are pushing for a focus on reducing climate pollution rather than targeting fossil fuels directly. Activists worldwide are demanding a clear commitment to end fossil fuel use eventually.

India's Holistic Approach:

In addressing the Mangrove Alliance for Climate Ministerial Meeting, Union Cabinet Minister for Environment, Forest & Climate Changes Shri. Bhupendra Yadav highlighted India's holistic conservation approach. Beyond emissions reduction, India is actively working on cutting down land degradation, accelerating ecosystem restoration, and enriching biodiversity.

India’s Commitment to Achieve the Net Zero: 

India is advancing its commitment to renewable energy with the Khavda Renewable Energy Park, covering 726 square kilometers. This project, costing $2.26 billion, utilizes solar and wind technologies to generate 30 gigawatts annually, powering nearly 18 million homes. By prioritizing non-fossil fuel sources, India aims to significantly reduce carbon emissions, contributing to its goal of achieving net-zero emissions by 2070. The Khavda initiative highlights India's proactive role in addressing climate change through sustainable energy solutions.

Current Situation at COP28:

The negotiations are at a critical stage, with countries urged to accelerate their work towards a final deal. President Sultan al-Jaber noted that there are still more areas of divergence than agreement, emphasizing the urgency of the situation.


As COP28 unfolds, the world watches with anticipation and hope. The summit goes beyond emission reduction; it aims to mold a sustainable and inclusive future for everyone. The call to action is clear: unite the world, act together, and deliver actionable solutions to the climate crisis. The success of COP28 relies on worldwide collaboration, dedication, and the shared responsibility of nations to preserve the planet for generations to come.