Opened the debate
The UK is heading to COP28 with a strong record at home and internationally, aiming to keep global temperature increases within the limit of 1.5°C. The country has decarbonised more than any major economy on this planet, cutting emissions by 48% since 1990. At COP28, the UK aims for renewed consensus and increased ambition to maintain a ceiling of 1.5°C, including commitments to peak global emissions by 2025, triple global renewable energy deployment, double energy efficiency by 2030, phase out coal power, reform international financial institutions, improve adaptation measures, establish an effective loss and damage fund, protect nature through halting deforestation, and promote green finance. The UK's net zero transition could be worth £1 trillion to UK businesses between 2021 and 2030.