IBOV 176,140.57 ▲ 1.62% IPSA 10,974.16 ▲ 0.18% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.29% USD/MXN17.40▼ 0.08% USD/CLP936.02▲ 0.03% USD/COP3,207▼ 1.49% USD/PEN3.40▲ 0.03% USD/ARS1,481▲ 0.22% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.85% BRENT 93.35 ▲ 2.57% WTI 86.17 ▲ 1.48% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.25% GOLD 4,160 ▲ 2.19% SILVER 60.51 ▲ 2.84% SOY 1,234 ▲ 1.21% CORN 484.25 ▲ 6.96% WHEAT 705.25 ▲ 4.02% COFFEE 316.70 ▼ 4.59% SUGAR 14.70 ▼ 1.21% ORANGE JUICE 149.40 ▲ 3.89% COTTON 81.36 ▲ 3.04% COCOA 5,300 ▼ 5.48% BEEF 220.15 ▼ 2.88% CATTLE 338.00 ▼ 3.30% LITHIUM 69.22 ▲ 0.20% PETR4 42.45 ▲ 1.90% VALE3 74.55 ▲ 3.20% ITUB4 42.50 ▼ 0.07% BBDC4 18.73 ▲ 0.97% ABEV3 16.01 ▲ 1.33% BBAS3 20.88 — 0.00% B3SA3 15.56 ▲ 2.57% WEGE3 46.47 ▲ 9.42% PRIO3 59.28 ▲ 1.89% SUZB3 42.05 ▲ 1.01% RENT3 36.84 ▲ 0.79% AZZA3 17.65 ▲ 0.97% CSAN3 3.94 ▲ 4.23% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.86 ▲ 2.58% CVCB3 1.18 ▲ 5.36% POSI3 3.74 ▲ 1.63% SLCE3 13.85 ▲ 0.73% NATU3 8.80 ▲ 1.03% BRKM5 6.11 ▲ 7.01% RANI3 7.99 ▲ 1.27% CSNA3 5.35 ▲ 5.73% CMIN3 5.82 ▲ 4.30% USIM5 8.64 ▲ 2.13% GGBR4 23.82 ▲ 1.40% ENEV3 25.78 ▲ 1.42% CPFE3 46.51 ▲ 0.24% CMIG4 11.12 ▲ 0.91% EQTL3 39.17 ▲ 0.88% LREN3 13.44 ▲ 1.28% VIVT3 35.41 ▼ 1.09% RAIL3 13.59 ▲ 2.64% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.24 ▲ 0.61% RDOR3 34.14 ▲ 0.65% HAPV3 11.57 ▲ 2.94% FLRY3 16.62 ▲ 0.42% SMTO3 16.13 ▲ 3.53% UGPA3 32.52 ▲ 2.20% VBBR3 34.70 ▲ 2.21% BBSE3 42.27 ▲ 1.73% BPAC11 56.54 ▲ 2.11% CURY3 30.04 ▲ 0.30% AERI3 2.04 — 0.00% VIVARA 21.40 ▼ 0.05% COMPASS 24.82 ▲ 1.55% VAMOS 3.17 ▲ 2.59% SANB11 26.60 ▼ 2.24% ASAI3 8.44 ▲ 2.30% SBSP3 29.04 ▲ 1.54% WALMEX 48.94 ▼ 0.43% GMEXICO 214.50 ▲ 2.65% FEMSA 228.77 ▲ 0.90% CEMEX 22.19 ▲ 0.54% GFNORTE 188.98 ▲ 1.71% BIMBO 60.25 ▲ 1.45% TELEVISA 9.93 ▲ 1.74% AMX 22.64 ▼ 0.53% GAP 378.56 ▲ 0.01% ASUR 273.24 ▼ 0.63% OMA 229.92 ▲ 1.62% KOF 183.21 ▲ 1.52% GRUMA 278.33 ▼ 1.51% KIMBER 39.26 ▲ 2.24% SQM-B 65,365 ▲ 1.28% COPEC 6,539 ▲ 1.38% BSANTANDER 79.24 ▲ 0.29% FALABELLA 5,946 ▲ 0.46% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.88% CMPC 1,080 ▼ 0.36% BANCO CHILE 190.27 ▲ 0.14% LATAM AIR 24.01 ▼ 0.79% YPF 81,700 ▲ 1.33% GGAL 8,260 ▲ 3.70% PAMPA 5,545 ▲ 1.28% TXAR 673.00 ▼ 0.88% ALUAR 970.00 ▼ 0.31% TGS 9,820 ▲ 1.13% CEPU 2,369 ▲ 1.24% MIRGOR 16,900 ▲ 0.75% COME 43.25 ▲ 0.89% LOMA NEGRA 3,693 ▲ 2.43% BYMA 295.25 ▲ 1.03% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.76 ▲ 1.36% BANCOLOMBIA 84.38 ▲ 0.88% GRUPO AVAL 5.05 ▼ 0.88% CREDICORP 389.30 ▼ 0.46% SOUTHERN COPPER 195.84 ▲ 4.16% BUENAVENTURA 32.47 ▲ 3.89% MERCADOLIBRE 1,807 ▼ 0.88% NUBANK 14.03 ▼ 2.48% XP 17.04 ▲ 1.10% PAGSEGURO 9.56 ▼ 0.26% STONE 11.20 ▼ 0.53% GLOBANT 31.81 ▼ 0.90% TECNOGLASS 45.14 ▼ 0.03% GAP AIRPORT 217.34 ▼ 0.16% ASUR 273.24 ▼ 0.63% OMA AIRPORT 105.72 ▲ 1.42% AMX ADR 25.97 ▼ 0.46% FEMSA ADR 131.52 ▲ 0.90% CEMEX ADR 12.74 ▲ 0.28% PETROBRAS ADR 18.87 ▲ 1.75% VALE ADR 14.72 ▲ 3.29% ITAU ADR 8.38 ▼ 0.25% SANTANDER BR 5.36 ▼ 0.92% AMBEV ADR 3.13 ▲ 0.64% CSN 1.07 ▲ 6.50% GERDAU 4.72 ▲ 1.72% LATAM ADR 51.39 ▼ 0.35% BTC 66,000 ▼ 0.76% ETH 1,939 ▲ 0.55% SOL 78.18 ▲ 0.09% XRP 1.15 ▲ 0.53% BNB 571.07 ▼ 0.44% ADA 0.18 ▲ 2.97% DOGE 0.07 ▼ 0.44% AVAX 6.62 ▲ 0.89% LINK 8.67 ▲ 0.24% DOT 0.85 ▼ 0.10% LTC 46.84 ▲ 0.05% BCH 219.39 ▼ 1.93% TRX 0.33 ▼ 0.40% XLM 0.19 ▼ 0.82% HBAR 0.07 ▲ 5.11% NEAR 1.88 ▼ 2.64% ATOM 1.46 ▼ 1.62% AAVE 97.55 ▲ 2.07% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.10 ▲ 0.96% JBS 12.12 ▲ 1.38% JBS BDR 61.20 ▲ 1.63% MBRF3 15.60 ▲ 3.24% MBRFY 3.06 ▲ 3.73% INTER 5.53 ▼ 0.99% IBOV 176,140.57 ▲ 1.62% IPSA 10,974.16 ▲ 0.18% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.29% USD/MXN 17.40 ▼ 0.08% USD/CLP 936.02 ▲ 0.03% USD/COP 3,207 ▼ 1.49% USD/PEN 3.40 ▲ 0.03% USD/ARS 1,481 ▲ 0.22% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.85% BRENT 93.35 ▲ 2.57% WTI 86.17 ▲ 1.48% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.25% GOLD 4,160 ▲ 2.19% SILVER 60.51 ▲ 2.84% SOY 1,234 ▲ 1.21% CORN 484.25 ▲ 6.96% WHEAT 705.25 ▲ 4.02% COFFEE 316.70 ▼ 4.59% SUGAR 14.70 ▼ 1.21% ORANGE JUICE 149.40 ▲ 3.89% COTTON 81.36 ▲ 3.04% COCOA 5,300 ▼ 5.48% BEEF 220.15 ▼ 2.88% CATTLE 338.00 ▼ 3.30% LITHIUM 69.22 ▲ 0.20% PETR4 42.45 ▲ 1.90% VALE3 74.55 ▲ 3.20% ITUB4 42.50 ▼ 0.07% BBDC4 18.73 ▲ 0.97% ABEV3 16.01 ▲ 1.33% BBAS3 20.88 — 0.00% B3SA3 15.56 ▲ 2.57% WEGE3 46.47 ▲ 9.42% PRIO3 59.28 ▲ 1.89% SUZB3 42.05 ▲ 1.01% RENT3 36.84 ▲ 0.79% AZZA3 17.65 ▲ 0.97% CSAN3 3.94 ▲ 4.23% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.86 ▲ 2.58% CVCB3 1.18 ▲ 5.36% POSI3 3.74 ▲ 1.63% SLCE3 13.85 ▲ 0.73% NATU3 8.80 ▲ 1.03% BRKM5 6.11 ▲ 7.01% RANI3 7.99 ▲ 1.27% CSNA3 5.35 ▲ 5.73% CMIN3 5.82 ▲ 4.30% USIM5 8.64 ▲ 2.13% GGBR4 23.82 ▲ 1.40% ENEV3 25.78 ▲ 1.42% CPFE3 46.51 ▲ 0.24% CMIG4 11.12 ▲ 0.91% EQTL3 39.17 ▲ 0.88% LREN3 13.44 ▲ 1.28% VIVT3 35.41 ▼ 1.09% RAIL3 13.59 ▲ 2.64% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.24 ▲ 0.61% RDOR3 34.14 ▲ 0.65% HAPV3 11.57 ▲ 2.94% FLRY3 16.62 ▲ 0.42% SMTO3 16.13 ▲ 3.53% UGPA3 32.52 ▲ 2.20% VBBR3 34.70 ▲ 2.21% BBSE3 42.27 ▲ 1.73% BPAC11 56.54 ▲ 2.11% CURY3 30.04 ▲ 0.30% AERI3 2.04 — 0.00% VIVARA 21.40 ▼ 0.05% COMPASS 24.82 ▲ 1.55% VAMOS 3.17 ▲ 2.59% SANB11 26.60 ▼ 2.24% ASAI3 8.44 ▲ 2.30% SBSP3 29.04 ▲ 1.54% WALMEX 48.94 ▼ 0.43% GMEXICO 214.50 ▲ 2.65% FEMSA 228.77 ▲ 0.90% CEMEX 22.19 ▲ 0.54% GFNORTE 188.98 ▲ 1.71% BIMBO 60.25 ▲ 1.45% TELEVISA 9.93 ▲ 1.74% AMX 22.64 ▼ 0.53% GAP 378.56 ▲ 0.01% ASUR 273.24 ▼ 0.63% OMA 229.92 ▲ 1.62% KOF 183.21 ▲ 1.52% GRUMA 278.33 ▼ 1.51% KIMBER 39.26 ▲ 2.24% SQM-B 65,365 ▲ 1.28% COPEC 6,539 ▲ 1.38% BSANTANDER 79.24 ▲ 0.29% FALABELLA 5,946 ▲ 0.46% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.88% CMPC 1,080 ▼ 0.36% BANCO CHILE 190.27 ▲ 0.14% LATAM AIR 24.01 ▼ 0.79% YPF 81,700 ▲ 1.33% GGAL 8,260 ▲ 3.70% PAMPA 5,545 ▲ 1.28% TXAR 673.00 ▼ 0.88% ALUAR 970.00 ▼ 0.31% TGS 9,820 ▲ 1.13% CEPU 2,369 ▲ 1.24% MIRGOR 16,900 ▲ 0.75% COME 43.25 ▲ 0.89% LOMA NEGRA 3,693 ▲ 2.43% BYMA 295.25 ▲ 1.03% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.76 ▲ 1.36% BANCOLOMBIA 84.38 ▲ 0.88% GRUPO AVAL 5.05 ▼ 0.88% CREDICORP 389.30 ▼ 0.46% SOUTHERN COPPER 195.84 ▲ 4.16% BUENAVENTURA 32.47 ▲ 3.89% MERCADOLIBRE 1,807 ▼ 0.88% NUBANK 14.03 ▼ 2.48% XP 17.04 ▲ 1.10% PAGSEGURO 9.56 ▼ 0.26% STONE 11.20 ▼ 0.53% GLOBANT 31.81 ▼ 0.90% TECNOGLASS 45.14 ▼ 0.03% GAP AIRPORT 217.34 ▼ 0.16% ASUR 273.24 ▼ 0.63% OMA AIRPORT 105.72 ▲ 1.42% AMX ADR 25.97 ▼ 0.46% FEMSA ADR 131.52 ▲ 0.90% CEMEX ADR 12.74 ▲ 0.28% PETROBRAS ADR 18.87 ▲ 1.75% VALE ADR 14.72 ▲ 3.29% ITAU ADR 8.38 ▼ 0.25% SANTANDER BR 5.36 ▼ 0.92% AMBEV ADR 3.13 ▲ 0.64% CSN 1.07 ▲ 6.50% GERDAU 4.72 ▲ 1.72% LATAM ADR 51.39 ▼ 0.35% BTC 66,000 ▼ 0.76% ETH 1,939 ▲ 0.55% SOL 78.18 ▲ 0.09% XRP 1.15 ▲ 0.53% BNB 571.07 ▼ 0.44% ADA 0.18 ▲ 2.97% DOGE 0.07 ▼ 0.44% AVAX 6.62 ▲ 0.89% LINK 8.67 ▲ 0.24% DOT 0.85 ▼ 0.10% LTC 46.84 ▲ 0.05% BCH 219.39 ▼ 1.93% TRX 0.33 ▼ 0.40% XLM 0.19 ▼ 0.82% HBAR 0.07 ▲ 5.11% NEAR 1.88 ▼ 2.64% ATOM 1.46 ▼ 1.62% AAVE 97.55 ▲ 2.07% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.10 ▲ 0.96% JBS 12.12 ▲ 1.38% JBS BDR 61.20 ▲ 1.63% MBRF3 15.60 ▲ 3.24% MBRFY 3.06 ▲ 3.73% INTER 5.53 ▼ 0.99%
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Wednesday, July 22, 2026

Milestones and Challenges of COP28

By · December 14, 2023 · 2 min read

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The COP28 summit in Dubai was a significant milestone in the global climate endeavor, concluding the inaugural global stocktake initiated at COP26.

This review is vital under the Paris Agreement, assessing global progress and spurring more ambitious climate plans.

COP28 focused on the Paris Agreement’s main goal: limiting global temperature rise to below 2°C, aiming for 1.5°C.

This summit aimed to be a turning point, with countries not just agreeing on stronger climate actions but also showing how to implement them.

Key decisions at COP28 included tripling renewable energy capacity and doubling energy efficiency improvement rates by 2030.

Efforts intensified to reduce coal power usage, move away from fossil fuels, and boost low-emission technologies like renewables and nuclear power.

Reducing non-CO2 emissions, especially methane, by 2030 was also emphasized.

However, consensus on these goals was hard.

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Many highlighted the lack of explicit fossil fuel phase-out plans, vague language on coal and methane, and concerns about transitional fuels.

The conference also stressed the need to address climate change’s loss and damage, especially for countries facing severe climate impacts.

This highlighted the growing recognition of the need for stronger financial and governance support for affected countries.

Dr. Sultan al-Jaber, UAE’s Minister of Industry and Advanced Technology, led the COP28 negotiations.

His focus included fast-tracking the energy transition, transforming climate finance, and prioritizing nature, people, and livelihoods in climate action.

In essence, COP28 marked a crucial moment, emphasizing the urgency for ambitious global action to achieve the Paris Agreement’s goals.

For more detailed insights and analysis of the COP28 summit, we recommend exploring the comprehensive coverage provided by Carbon Brief.

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