Market Views: COP28 key takeaways for Asian investors

Dubai played host to this year's United Nations Climate Change Conference, popularly known as COP28, which drew to a close on Wednesday after two weeks of intense deliberations. The conference concluded on a promising note with an agreement by 198 governments to embark on “transitioning away” from all fossil fuels. Although the UAE Consensus does not explicitly mention “phasing out” fossil fuels, it is still a historic milestone as it marks the first-ever collaboration among gov…