Petersberg Dialogue on Climate Change

Why in news?

• The Petersberg Dialogue on Climate Change was held in Berlin from May 2-3, 2023.

More about the News:

• The climate dialogue was hosted by Germany and the United Arab Emirates, which is hosting the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change.
• The conference brought together ministers from 40 countries to discuss the way forward towards COP28.

About Petersberg Dialogue on Climate Change:

• The Petersberg Climate Dialogue is an annual high-level political and international forum held before the United Nations Climate Change Conferences.
• The forum aims to prepare for successful negotiations at COP climate change conferences.
• The central goal is to strengthen trust in multilateral climate negotiations and between states.
• The dialogue focuses on climate adaptation, climate finance, and dealing with loss and damage.

Highlights:

• Clean Energy Transition:
  • UN Secretary-General emphasized the need to “break our fossil fuel addiction and drive decarbonization in every sector” to achieve a 1.5°C global warming pathway.
• Acceleration Agenda:
  • The goal of the Acceleration Agenda is to hasten countries’ Net Zero targets by requiring the phasing out of coal in OECD nations by 2030 and by 2040 in all other countries, as well as reaching Net Zero electricity production and decarbonizing major industries.
• Global Stocktake
  • 2023 is the year for the Global Stocktake, which is a periodic review of global climate action that aims to assess whether current efforts will enable us to reach the objectives set out in the Paris Agreement.
  • The report has been underway for the past two years and is set to be released in September of 2023.
• Climate Finance
  • Developed countries are on a good track to deliver the USD 100 billion per year they had promised to mobilize by 2020 during the COP15 in 2009.

PRACTICE QUESTION:

‘Petersberg Dialogue’, recently seen in news, is associated with:

(a) Cyber security

(b) Climate Change

(c) Marine pollution

(d) Digital economy

Answer