During a video call, he discussed the Clean Energy Partnership Initiative with the US President

Mohammed bin Zayed: The UAE-US cooperation is close and constructive and aims to enhance energy security and consolidate peace

Mohamed bin Zayed and Joe Biden affirmed the common interest in stabilizing the global energy market.

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His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and US President Joe Biden discussed, during a video call, the historical friendship relations and the strategic partnership between the two countries, and ways to support them in various fields.

In this regard, the two sides stressed the depth of the strategic relations between the two friendly countries, and addressed global challenges, including energy security.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, in a tweet on Twitter: "I discussed, during a video call with His Excellency President Joe Biden, the strategic relations between the UAE and the United States... and the joint historical initiative to invest in clean energy... Emirati cooperation." The United States is close and constructive, and aims to enhance energy security and consolidate peace, stability and sustainable growth.

comprehensive initiative

His Highness, the President of the State and the US President, during the call, reviewed the comprehensive Emirati-American initiative announced by the two countries the day before yesterday, to invest in clean energy, promote common climate goals, and global energy security, as this partnership will invest $100 billion to generate an additional 100 gigawatts. of clean energy in the UAE, the United States, and emerging economies around the world by 2035.

"climate neutrality"

The two sides welcomed the partnership initiative, stressing their commitment to promoting ambition and climate action, in line with the goal of “climate neutrality” by 2050, with the approaching of the 27th session of the Conference of the States Parties to the United Nations Framework Convention on Climate Change “COP27”, which will be held in Egypt in Later this month, and to the 28th edition of the "COP 28", which will be hosted by the UAE next year.

They also pointed out the importance of the initiative as an important catalyst for achieving the goal of "climate neutrality" by accelerating investment in clean energy projects, technologies and resources, providing great economic opportunities, and promoting sustainable growth.

energy market

The two sides affirmed the common interest in stabilizing the global energy market, increasing their investments in renewable energy, and deepening their close cooperation in this regard.

In this regard, His Highness the President of the State referred to the large investments made by the UAE to increase its production capacity from both renewable energy and traditional low-carbon energy, in order to meet global demand and enhance energy security.

His Highness stressed the need to take measures to reduce the effects of climate change and global warming, especially on countries in the region with scarce natural water resources, long coastlines and harsh climate.

His Highness pointed to the role played by the UAE in the energy transition, as it has expanded its renewable energy 200-fold over the past 10 years, through its efforts, which included building three solar power plants that are among the largest and least expensive in the world.

Energy Finance

During the video call, which was attended by the country's ambassador to the United States, Yousef Mana' Al-Otaiba, His Highness reviewed the financing and assistance provided by the UAE to clean energy projects on six continents, including 31 small island developing countries in the Caribbean and Pacific, in addition to a number of A growing number of projects across the United States.

Partnership Initiative

Yesterday, His Highness witnessed the launch of the UAE-US Partnership for Investment in Clean Energy, which was signed by the Minister of Industry and Advanced Technology, the UAE's Special Envoy for Climate Change, Dr. Sultan bin Ahmed Al Jaber, and the US Special Presidential Coordinator, Amos Hochstein, during the events Abu Dhabi International Petroleum Conference and Exhibition "ADIPEC 2022".

The head of state stresses the need to take measures to limit the effects of climate change and global warming.

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