COP28 Outcomes to Greatly Impact AC & Heat Pump Industry

The 28th Conference of the Parties (COP28) to the United Nation Framework Convention on Climate Change (UNFCCC) took place in Dubai, United Arab Emirates (UAE), on November 30 to December 13, 2023, with a focus on assessing global progress toward achieving the goals set by the Paris Agreement. The conference addressed various key aspects, including the Global Stocktake (GST), funding mechanisms for addressing loss and damage, mitigation, adaptation, financing, and fair transition.