Xikrin woman gathering papayas and bananas near Pot-Kro Village, Brazil. Threading the line between risk and opportunity, sectoral transitions and a health check-in: top nature headlines during Davos in Where to find common ground in the carbon markets debate.
After COP28, progress on joint action commitments to accelerate the implementation of nature-based solutions on the ground has been slow. Pre and post-COP28, there were only color grade changes from 22 commitments.
Of the commitments that were upgraded, 6 were global multilateral commitments, 2 were Africa-based commitments, and 2 were LAC commitments. These numbers, post-COP28, describe commitments made before the conference and do not include the 22 new ones announced in Dubai.
Nevertheless, the minimal differences between pre-and post-COP28 commitments raise questions: If nature can provide up to one-third of the emissions reductions needed to limit global temperature rise to 1.
Why are we progressing at such a slow pace? While this data provides a sobering picture of the execution of and transparency around nature-related commitments, a new key trend provides a more positive outlook on the state of newer commitments.
