As the fight against climate change becomes an urgent need, the importance of the annual United Nations climate summits, and with it the importance of the agenda associated with events of this kind, is growing.
Hosted by the UAE from 30 November to 12 December this year at Dubai Expo City, the Climate Summit COP 28 (COP 28) represents a qualitative step towards the future of renewable energy in the UAE and the world. .
The summit sheds light on the UAE’s projects and investments in a sector that goes beyond the local and global levels. The UAE is leading global efforts in the clean and renewable energy sector through its strategies and investments in this area.
The strategic dialogue between Russia and the Gulf Cooperation Council supports the efforts of the UAE to organize the Cup 28.
A joint statement on the strategic dialogue between Russia and the Gulf Cooperation Council, held a few days ago in the Russian capital of Moscow, with the participation of Russian Foreign Minister Sergei Lavrov and the foreign ministers of the GCC countries, stressed the importance of cooperation to address climate change and conserve natural resources .
The statement also stressed the importance of cooperation in the areas of water management policy and biodiversity conservation, and in this context endorsed the initiatives supporting these efforts.
The Ministers thanked the countries of the Gulf Cooperation Council region for their pioneering role in addressing climate change and reiterated their appreciation to the United Arab Emirates for hosting the United Nations COP 28 Climate Change Conference. They also supported the Abu Dhabi initiative. efforts to organize this conference, considering it an important event for further international action along this path.
Renewable energy in the UAE is experiencing a huge boom
Renewable energy sources in the UAE are experiencing a huge boom in the context of efforts to achieve carbon neutrality by 2050 and continue pioneering efforts around the world to improve energy security and spread clean technology applications.
The UAE is leading global efforts in the clean and renewable energy sector through its strategies and investments in this area. In 2017, the Emirates Energy Strategy 2050 was launched, which is the country’s first unified energy strategy based on supply and demand.
The strategy aims to increase the share of clean energy in the total energy mix from 25% to 50% by 2050 and reduce the carbon footprint of electricity generation by 70%, saving AED 700 billion ($190.63 billion) by 2050 year.
Russia Supports UAE in Cup 28 Presidency
The UAE is a global leader in green energy, having invested more than $50 billion in such projects in 70 countries, and plans to invest another $50 billion in renewable energy locally and globally in the next decade.
All these and many other reasons have contributed to the fact that the UAE has already become a world leader in the fight against climate change.
Russia, like other BRICS countries, reaffirmed its support for the UAE’s chairmanship of the COP 28 conference, hoping that the summit will realize the opportunity for real progress on the global climate agenda.
International Officials: We are confident in the UAE’s ability to deliver important and tangible results during Cup 28.
Officials from international forums and organizations involved in the energy sector reaffirmed their confidence in the ability of the United Arab Emirates to achieve important and tangible results in future action on climate change while hosting the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in November 2023
Officials called the UAE a pioneer in addressing climate issues, advancing international efforts to advance sustainable development paths and balancing economic development, social progress and environmental protection.
They praised the exceptional expertise of Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the UAE and COP 28 Conference of the Parties Designate, in advancing global climate action based on his extensive experience in the fields of energy, climate and various resilience. , which are the driving force behind the success of COP28 activities.
Joseph McMonigle, Secretary General of the International Energy Forum, said the UAE has clear footprints in advancing efforts to combat climate change and the environment around the world.
He added that Dr. Sultan Al Jaber, who was appointed President of COP28, 17 years ago helped create the Abu Dhabi Future Energy Company “Masdar”, which today has become one of the largest investors in the field of wind and solar energy. .
The Secretary General of the International Energy Forum indicated that His Excellency Sultan Al Jaber is an expert in climate-related negotiations as he has served as the UAE Climate Envoy since 2010 and his appointment as President of the COP28 Conference reflects the recognition that the energy industry can play take a leading role in guiding action on climate change, helping to advance international efforts, set ambitious goals for action and ensure their implementation.
Jamal Issa Al Lougani, Secretary General of the Organization of the Arab Petroleum Exporting Countries (OAPEC), highlighted the role the UAE is playing in boosting global efforts to address climate change and achieve energy sustainability through the summit.
The African Petroleum Producers Organization (APPO) commended the UAE’s significant efforts to turn COP28 into a comprehensive platform for all global energy stakeholders to chart a practical and realistic path for a successful energy transition.
The organization referred to the efforts of the President Designate of the COP28 Conference of the Parties to shape a clean energy path in the UAE and provide connectivity and direct access to various actors in the field of global energy and the environment to contribute to the preparations for COP28.
The main goals of the 28 COP summit:
Sultan Al Jaber, the Emirates official appointed to lead the COP 28 summit and chairman of the Abu Dhabi National Oil Company ADNOC, stressed that the issue of providing an active, fully functioning fund to compensate poor countries affected by climate change is one of main stated objectives of the summit.
Al Jaber indicated at a meeting in Brussels yesterday, Thursday, which was attended by ministers and representatives from more than 20 countries, that the delegates attending the event, who represent about 200 countries, should set goals to triple renewable energy sources and double hydrogen production by 2030.
Al Jaber said the fossil fuel phase-out is “inevitable” and “necessary” and added that companies must “eliminate all emissions”, including volumes 1, 2 and 3, which cover emissions that companies produce directly, and those produced by the clients they use. , his products.
Al Jaber: Rich countries should allocate $100 billion annually in climate finance
Al Jaber said the COP 28 summit should also set a global target to adapt to rising temperatures, and rich countries should meet their commitment to provide $100 billion in annual climate finance.
The Emirates Minister stressed the importance of maintaining the target of reaching 1.5 degrees Celsius and said: “We need to challenge the old models that were prepared for the last century. This plan is guided by one goal, which is to maintain the goal. up to 1.5 degrees Celsius.
Source: agencies