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OverviewAPI
COP28 sees U.S. Vice President Kamala Harris assert U.S. climate leadership, with significant initiatives to reduce emissions and promote renewable energy. The U.S. commits over $400 billion in subsidies for clean energy and pledges $3 billion to the Green Climate Fund. Major fossil fuel firms pledge to curb methane emissions, while Singapore reaffirms its commitment to domestic climate action and global collaboration. 50 oil companies pledge to reach near-zero methane emissions, but environmental groups criticize this as a delay tactic. Exxon Mobil CEO refutes IEA criticism of carbon capture strategy, highlighting the company's $17 billion investment in low carbon business.

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