Observers see OPEC 'panicking' as COP28 climate talks focus on possible fossil fuel phase-out

COP28 Funders , Pledge $2.1 Billion , to Reducing Climate Impacts. ABC reports that foundations and other funders vowed to step up their contributions to combating climate impacts, with a focus on agriculture and vulnerable communities. The promise comes in the wrap-up of the United Nations climate talks in Dubai, the COP28. The summit reportedly contained a number of firsts, including forums on food production, health and philanthropy. The honest answer is that the global health community, including us, was so focused on COVID-19, that we probably didn’t pay enough attention to all the signs of what climate change was doing to global health, Peter Sands, CEO of the Global Fund, via 'The Independent'. The summit also saw the first Business & Philanthropy forum, which COP28 leaders hoped would help increase funding from the private sector. Every sector of society must do more to contribute, including philanthropy. , Helene Desanlis, ClimateWorks’ director of climate philanthropy for global intelligence, via 'The Independent'. Every sector of society must do more to contribute, including philanthropy. , Helene Desanlis, ClimateWorks’ director of climate philanthropy for global intelligence, via 'The Independent'. According to Ozawa Bineshi Albert, co-executive director of the Climate Justice Alliance, while philanthropy is important, government policy and regulation would be more helpful. According to Ozawa Bineshi Albert, co-executive director of the Climate Justice Alliance, while philanthropy is important, government policy and regulation would be more helpful. The government still has to act. If we’re not reducing and eliminating the production of carbon with our energy sources, no matter how much philanthropy invests, we will never be able to dig out of the hole, Christie Ulman, president of the Sequoia Climate Foundation, via 'The Independent'. The government still has to act. If we’re not reducing and eliminating the production of carbon with our energy sources, no matter how much philanthropy invests, we will never be able to dig out of the hole, Christie Ulman, president of the Sequoia Climate Foundation, via 'The Independent'. Christie Ulman, president of the Sequoia Climate Foundation, advocates for ambitious renewable energy targets and decreasing pollutants like methane. . Christie Ulman, president of the Sequoia Climate Foundation, advocates for ambitious renewable energy targets and decreasing pollutants like methane. . We also are there encouraging the fossil fuel phase out agenda and mainstreaming that, Christie Ulman, president of the Sequoia Climate Foundation, via 'The Independent'. We also are there encouraging the fossil fuel phase out agenda and mainstreaming that, Christie Ulman, president of the Sequoia Climate Foundation, via 'The Independent'