Expo City Dubai in the United Arab Emirates is hosting the COP28 Summit from November 30-December 12, 2023. The conference is convening more than 70,000 participants, including heads of state, government officials, international industry leaders and experts.
Meanwhile, a survey by Ipsos, a market research company, has highlighted key concerns among scores of people as it shows at least 57% of urban Indians fear displacements in the next 25 years due to climate change. The survey places the global percentage of the same at 38.
People’s View On Help Offered By Governments, Businesses
At least 6 in 10 urban Indians believe the effect of climate change in their respective areas has been severe so far. The Ipsos poll notes that 66% of urban Indians and 71% of global citizens foresee the effect of the climate crisis turning more severe in the near future.
65% of Indians surveyed endorsed that the government has been doing enough on disseminating information to citizens on making choices on climate change. But 59% of global citizens and most citizens in Peru, Colombia and Argentina had a different opinion.
Meanwhile, in the case of businesses, 62% of urban Indians said they are being provided with better choices for fighting climate change. But global citizens had a contrary view with 61% of respondents claiming their businesses were not doing enough.
Narendra Modi, the Prime Minister of India, arrived in Dubai late on Thursday to attend the annual climate conference. The COP28 Summit’s main agenda is to complete a stocktaking exercise to review the global community’s progress in the fight against climate change.
Loss And Damage Fund, An Early Success For COP28 Summit
The event marked an early success on its first day as participants reached a historic agreement to operationalise the Loss and Damage Fund. It is meant to assist developing countries that are particularly vulnerable to the adverse effects of climate-driven disasters.
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The Emirates announced a commitment of $100 million to the Fund. Other countries making notable commitments, too, included Germany ($100 million), the UK (£40 million for the Fund and £20 million for other arrangements), the US ($17.5 million) and Japan ($10 million).
