As can be expected, Monaco is participating in the Global Climate Action Summit as part of the 28th session of the Conference of the Parties to the United Nations Framework Convention on climate change, known as COP 28, which began on Thursday, November 30, in Dubai.

There had ben high hopes that this latest summit might mark a turning point in the implementation of the Paris agreement, signed in 2015, during COP 21. In essence, COP 28 is about capping global warming by a maximum of 1.5°C.

However, remarks by the President of COP 28, Sultan Al Jaber, in which he said there is no scientific basis for the elimination of fossil fuels, has thrown the conference into some disarray.

Nearly 170 Heads of State and Government were present. In his speech, HSH the Prince reaffirmed the Principality’s commitments in the fight against climate change, highlighted national climate policy, and said that Monaco will increase its significant international financial contributions as well as its historical attachment to the inclusion of the ocean in climate discussions.

“We have an imperative obligation to do everything in our power to rectify the trajectory,” HSH the Prince said, referring to rising temperatures on land and in the oceans.