The “UAE Consensus” that emerged at COP28 included language around "Transitioning Away" from fossil fuels for the first time. What will be the realistic impact of this language on future climate policy? Progress was also made on methane abatement and pledges around accelerating renewable energy and nuclear development. However, progress on voluntary carbon markets and financing fell short of expectations. How has COP28 impacted the future trajectory of global climate policy and what challenges remain to be resolved?