News

Fight climate change without slowing growth, says UAE s COP28 chief

January 30, 2023 09:37 PM


The fight against global warming should not be at the expense of economic growth, the UAE oil chief who will lead this year's UN climate talks said on Monday.

Sultan Al Jaber, the United Arab Emirates' special envoy for climate change and CEO of oil giant ADNOC, said the energy transition needed to make the planet "wealthier and healthier".

"We need to hold back the global rise in temperatures to 1.5 degrees (Celsius), without slowing economic growth," he told a graduation ceremony at the Mohamed Bin Zayed University of Artificial Intelligence.

"We need to drive an inclusive energy transition that leaves no one behind, especially in the Global South. We need to make our planet wealthier and healthier at the same time."

Al Jaber's appointment as president of COP28 in November and December has been criticised by activists who said it threatens the "legitimacy" of the global forum against climate change.

The minister of industry and advanced technology is a veteran of COP meetings and heads a leading renewable energy company. His appointment was welcomed by US climate envoy John Kerry.

The last UN climate talks, held in Egypt in November, ended with a landmark deal to create a "loss and damage" fund to cover the costs that developing countries face from climate-linked natural disasters and slower impacts like sea level rise.

But observers were left disappointed that little progress had been made on reducing planet-heating emissions from fossil fuels.

The UAE, one of the world's biggest oil producers, argues that crude remains indispensable to the global economy and is needed to finance the energy transition.

The Gulf monarchy is pushing the merits of carbon capture -- removing carbon dioxide as fuel is burned, or from the air.

It is also spending billions to develop enough renewable energy to cover half of its needs by 2050, and is targeting net-zero domestic carbon emissions by that year -- which does not include pollution from the oil it exports.

Earlier this month, the United Nations climate chief Simon Stiell told AFP that Al Jaber had expressed "an openness to make this a transformative COP".

The UAE'S hosting of COP is also an opportunity to ask "hard questions" about climate change and the hydrocarbons industry, he added.

 

 



Most Read

  1. Yet another burden on people: Govt hikes oil prices Yet another burden on people: Govt hikes oil prices
  2. Public reacts to Bohemia's music video ‘Salsa’ starring Sistrology Public reacts to Bohemia's music video ‘Salsa’ starring Sistrology
  3. Saudis offered PIA, airports, joint ventures to build five-star hotels Saudis offered PIA, airports, joint ventures to build five-star hotels
  4. Finance minister rules out further rupee devaluation Finance minister rules out further rupee devaluation
  5. Post-mortem report says woman’s death caused by her falling off train Post-mortem report says woman’s death caused by her falling off train
  6. Hamari Mulaqat: Bushra Ansari opens up about divorce and 2nd marriage to Iqbal Hussain Hamari Mulaqat: Bushra Ansari opens up about divorce and 2nd marriage to Iqbal Hussain

Opinion

  1. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  2. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  3. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  4. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  5. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  6. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer