The China Mail - Fight climate change without slowing growth: UAE's COP28 chief

USD -
AED 3.673042
AFN 63.503991
ALL 82.403989
AMD 368.150403
ANG 1.790403
AOA 918.000367
ARS 1465.449815
AUD 1.42575
AWG 1.8025
AZN 1.70397
BAM 1.705709
BBD 2.013483
BDT 122.708482
BGN 1.69088
BHD 0.37702
BIF 2985
BMD 1
BND 1.290663
BOB 6.90816
BRL 5.152304
BSD 0.999721
BTN 94.239742
BWP 13.585663
BYN 2.777729
BYR 19600
BZD 2.010527
CAD 1.415225
CDF 2280.000362
CHF 0.807055
CLF 0.02293
CLP 902.460396
CNY 6.769604
CNH 6.783725
COP 3452.68
CRC 453.506829
CUC 1
CUP 26.5
CVE 96.403894
CZK 21.091104
DJF 177.720393
DKK 6.516504
DOP 58.403884
DZD 133.34504
EGP 49.986489
ERN 15
ETB 158.37504
EUR 0.871881
FJD 2.235504
FKP 0.756415
GBP 0.755512
GEL 2.650391
GGP 0.756415
GHS 11.22504
GIP 0.756415
GMD 73.503851
GNF 8775.000355
GTQ 7.625892
GYD 209.119888
HKD 7.83685
HNL 26.68504
HRK 6.568104
HTG 130.583803
HUF 306.820388
IDR 17826.3
ILS 2.95976
IMP 0.756415
INR 94.330504
IQD 1310
IRR 1375000.000352
ISK 125.530386
JEP 0.756415
JMD 157.959917
JOD 0.70904
JPY 161.30504
KES 129.403801
KGS 87.450384
KHR 4010.00035
KMF 429.503794
KPW 900.00035
KRW 1527.650383
KWD 0.30793
KYD 0.833035
KZT 487.855928
LAK 22055.000349
LBP 89550.000349
LKR 333.641485
LRD 182.150382
LSL 16.405039
LTL 2.95274
LVL 0.60489
LYD 6.375039
MAD 9.225039
MDL 17.654036
MGA 4200.000347
MKD 53.732839
MMK 2099.727916
MNT 3581.295381
MOP 8.070939
MRU 40.060379
MUR 47.850378
MVR 15.450378
MWK 1737.000345
MXN 17.326504
MYR 4.137904
MZN 63.910377
NAD 16.403727
NGN 1360.440377
NIO 36.610377
NOK 9.680204
NPR 150.787532
NZD 1.741735
OMR 0.384983
PAB 0.999725
PEN 3.384039
PGK 4.38775
PHP 60.716504
PKR 278.325038
PLN 3.71375
PYG 6138.96617
QAR 3.640504
RON 4.568104
RSD 102.170373
RUB 73.103247
RWF 1464
SAR 3.74824
SBD 8.061424
SCR 13.683262
SDG 600.503676
SEK 9.57882
SGD 1.292404
SHP 0.746601
SLE 24.750371
SLL 20969.503664
SOS 571.503662
SRD 37.402504
STD 20697.981008
STN 21.4
SVC 8.747449
SYP 110.532098
SZL 16.403649
THB 32.890369
TJS 9.272075
TMT 3.5
TND 2.91175
TOP 2.40776
TRY 46.438204
TTD 6.779085
TWD 31.715038
TZS 2630.985038
UAH 44.909735
UGX 3638.520172
UYU 39.96965
UZS 12005.000334
VES 606.63266
VND 26310
VUV 118.773512
WST 2.751708
XAF 572.078806
XAG 0.015419
XAU 0.00024
XCD 2.70255
XCG 1.801643
XDR 0.703697
XOF 565.000332
XPF 104.250363
YER 238.603589
ZAR 16.458037
ZMK 9001.203584
ZMW 17.919703
ZWL 321.999592
  • CMSC

    0.0500

    22.37

    +0.22%

  • CMSD

    0.0000

    22.29

    0%

  • NGG

    -1.2400

    79.44

    -1.56%

  • BCC

    3.8500

    74.66

    +5.16%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • GSK

    -1.4800

    50.67

    -2.92%

  • AZN

    -2.9600

    174.93

    -1.69%

  • RYCEF

    -0.0300

    18.4

    -0.16%

  • BCE

    0.0000

    23.28

    0%

  • VOD

    -0.2300

    14.3

    -1.61%

  • BP

    -1.0400

    39.1

    -2.66%

  • JRI

    0.0500

    12.67

    +0.39%

  • BTI

    -0.5800

    58.91

    -0.98%

  • RELX

    -0.8300

    31.18

    -2.66%

  • RIO

    -2.5900

    100.08

    -2.59%

Fight climate change without slowing growth: UAE's COP28 chief
Fight climate change without slowing growth: UAE's COP28 chief / Photo: © AFP

Fight climate change without slowing growth: UAE's COP28 chief

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

Text size:

Sultan Al Jaber, the UAE' 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 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.

On Monday, France's economy minister urged delegates to get behind Al Jaber and focus on "concrete decisions".

"Don't misunderstand the challenge of COP28," Bruno Le Maire said in Abu Dhabi.

"The challenge of COP28 is not to know who is in charge of the COP. The key challenge of the COP28 are the results, the concrete decisions."

- 'Single winner' -

The French minister, who also visited Qatar as part of his trip to the Gulf, said he had been reassured by Al Jaber and members of the UAE government regarding their approach to the climate conference.

"I think all the participants to the COP28 should ... try to support the efforts of the presidency of COP28 so that at the end of COP28 the single winner will be our planet."

The last UN climate talks, 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 impacts like rising sea levels.

But observers were left disappointed that little progress was 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, when it is targeting net-zero domestic carbon emissions -- which do not include pollution from exported oil.

Y.Su--ThChM