COP28 Director General: Implementation of commitments and pledges is key to the success of climate action
Al Suwaidi confirmed the country's transformation into a world leader in the field of clean energy thanks to the directives of the wise leadership.
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The Director-General of the Bureau of the Conference of the Parties (COP28) (UAE Climate Conference), Majed Al-Suwaidi, reiterated the UAE’s support for the sisterly Arab Republic of Egypt in its presidency of the Conference of the Parties (COP27), which focuses on implementing the commitments and pledges of climate action, including adapting to the repercussions of climate action. Climate change.
In his speech during the opening session of the 27th session of the Conference of the Parties to the United Nations Convention on Climate Change (COP27), which kicked off yesterday in Sharm El-Sheikh, he praised the efforts of Egypt and the "General Secretariat of the United Nations Framework Convention on Climate Change" in bringing the world together for Make real progress in working to halt the fallout from climate change.
“It is time to make decisions about investments, employ innovations, inject financing, and turn words and pledges into action,” he said.
It is time to act.”
He stressed the economic benefits of climate action, noting that the world has an opportunity to "unleash global economic growth."
Al Suwaidi said: "Our country's transformation into a global leader in the field of clean energy, thanks to the directives of our wise leadership, has opened up horizons of opportunities and new skills for us, and has enhanced the prosperity and well-being of citizens and residents in the UAE."
He pointed out that the transition in the global energy sector is a real opportunity to stimulate climate action and simultaneously support economic growth.
He said, "This is what prompted the UAE to allocate $50 billion so far to implement renewable energy projects in more than 70 countries around the world, including 31 developing island countries that are most vulnerable to the repercussions of climate change.
While it will invest an additional 50 billion dollars over the next decade in more than one country, to accelerate the transition to clean energy, and therefore agreed with the United States to stimulate the collection of 100 billion dollars to remove emissions from the energy that the world currently depends on, in conjunction with increasing investment in non-energy sources emissions.”
Emphasizing the need to raise the bar for ambition and work to achieve actual results, he explained: "Commitment to the goals of the Paris Agreement is one of our greatest responsibilities to confront the repercussions of climate change and protect the future of future generations."
He affirmed the UAE's firm commitment to support its sister Egypt, and to make every possible effort to work on the success of the Conference of the Parties (COP27), and to enhance this success at the Conference of Parties (COP28) (the UAE Climate Conference), which the country will host at Expo Dubai next year.
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