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Axios
Axios
Environment

COP28 official sees oil and gas companies playing key role at U.N. climate summit

United Nations COP Oil COP28 Paris UAE Axios Sultan Ahmed alJaber

The upcoming United Nations climate summit in Dubai will be aimed at closing the gap between Paris Agreement's climate goals and global emissions commitments, according to COP28 director-general Majid al-Suwaidi.

Why it matters: COP28 is viewed as a last-ditch effort to limit warming to the most ambitious Paris target of 1.5°C (2.7°F) above preindustrial levels by 2100, by bending the trajectory of emissions sharply downward.

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