COP28 needs to show action not words for business, finance leaders

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Less talk and more action on decarbonising the energy system should be the main focus of world leaders at the next round of climate talks, speakers at the Reuters IMPACT conference said.

November's COP28 conference in Dubai is seen as a crucial opportunity for governments to accelerate action to limit global warming and preserve nature, yet to-date most countries are nowhere close to reaching net-zero carbon emissions.

Speaking on a separate panel on Thursday, Eelco van der Enden, chief executive of the Global Reporting Initiative agreed: "I would suggest that they stick to the words of the late and great American philosopher Elvis Presley: a little less conversation, a little more action."Hoffmann said much faster action was needed.

"Its great talking about all these innovations and new technologies but we've got a lot of even the mature stuff to role out at scale," Herweijer said, including in countries in Asia where she said there was "huge growth in energy demand".

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