🔆Climate Club
✅Recently, the Climate Club was formally launched at the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change.
✅It is led by Germany and Chile, the Club has garnered support from 36 member countries including Kenya, the European Union, Switzerland and others.
✅It aims to make decarbonisation of industries successful for climate and businesses, through ambitious policies, alignment of methodologies and standards and improving finance and assistance for emerging and developed economies.
✅The activities of the club are divided into three key pillars: -
🔰Pillar 1: Advancing ambitious and transparent climate change mitigation policies.
🔰Pillar 2: Transforming industries
🔰Pillar 3: Boosting international cooperation and partnership
✅Two co-chairs will be elected for two-year terms for the Club. Currently, Germany and Chile serve as the co-chairs.
✅A body of members will determine the scope and approve the work programme, budget and amendments.
✅Furthermore, a steering group will be formed to support the body of members when the Club reaches 40 members.
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