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

USD -
AED 3.672504
AFN 66.344071
ALL 83.58702
AMD 382.869053
ANG 1.789982
AOA 917.000367
ARS 1405.057166
AUD 1.540832
AWG 1.805
AZN 1.70397
BAM 1.691481
BBD 2.013336
BDT 122.007014
BGN 1.69079
BHD 0.374011
BIF 2943.839757
BMD 1
BND 1.3018
BOB 6.91701
BRL 5.332404
BSD 0.999615
BTN 88.59887
BWP 13.420625
BYN 3.406804
BYR 19600
BZD 2.010326
CAD 1.40485
CDF 2150.000362
CHF 0.80538
CLF 0.024066
CLP 944.120396
CNY 7.11935
CNH 7.12515
COP 3780
CRC 501.883251
CUC 1
CUP 26.5
CVE 95.363087
CZK 21.009504
DJF 177.720393
DKK 6.457204
DOP 64.223754
DZD 129.411663
EGP 46.950698
ERN 15
ETB 154.306137
EUR 0.86435
FJD 2.28425
FKP 0.760233
GBP 0.759936
GEL 2.70504
GGP 0.760233
GHS 10.930743
GIP 0.760233
GMD 73.000355
GNF 8677.076622
GTQ 7.659909
GYD 209.133877
HKD 7.78025
HNL 26.282902
HRK 6.514104
HTG 133.048509
HUF 332.660388
IDR 16685.5
ILS 3.26205
IMP 0.760233
INR 88.639504
IQD 1309.474904
IRR 42100.000352
ISK 126.580386
JEP 0.760233
JMD 160.439
JOD 0.70904
JPY 153.43504
KES 129.203801
KGS 87.450384
KHR 4023.264362
KMF 421.00035
KPW 900.018268
KRW 1455.990383
KWD 0.306904
KYD 0.83302
KZT 524.767675
LAK 21703.220673
LBP 89512.834262
LKR 304.684561
LRD 182.526573
LSL 17.315523
LTL 2.95274
LVL 0.60489
LYD 5.458091
MAD 9.265955
MDL 17.042585
MGA 4492.856402
MKD 53.206947
MMK 2099.87471
MNT 3580.787673
MOP 8.007472
MRU 39.595594
MUR 45.910378
MVR 15.405039
MWK 1733.369658
MXN 18.451604
MYR 4.176039
MZN 63.950377
NAD 17.315148
NGN 1436.000344
NIO 36.782862
NOK 10.160376
NPR 141.758018
NZD 1.776515
OMR 0.38142
PAB 0.999671
PEN 3.37342
PGK 4.220486
PHP 58.805504
PKR 282.656184
PLN 3.665615
PYG 7072.77311
QAR 3.643196
RON 4.398804
RSD 102.170373
RUB 80.869377
RWF 1452.42265
SAR 3.750713
SBD 8.230592
SCR 13.652393
SDG 600.503676
SEK 9.529804
SGD 1.301038
SHP 0.750259
SLE 23.203667
SLL 20969.499529
SOS 571.228422
SRD 38.599038
STD 20697.981008
STN 21.189281
SVC 8.746265
SYP 11056.858374
SZL 17.321588
THB 32.395038
TJS 9.226139
TMT 3.51
TND 2.954772
TOP 2.342104
TRY 42.209038
TTD 6.77604
TWD 30.981804
TZS 2455.000335
UAH 41.915651
UGX 3498.408635
UYU 39.809213
UZS 12055.19496
VES 228.194038
VND 26310
VUV 122.303025
WST 2.820887
XAF 567.301896
XAG 0.020684
XAU 0.00025
XCD 2.70255
XCG 1.801521
XDR 0.707015
XOF 567.306803
XPF 103.14423
YER 238.503589
ZAR 17.303704
ZMK 9001.203584
ZMW 22.615629
ZWL 321.999592
  • SCS

    0.0000

    15.76

    0%

  • VOD

    0.2400

    11.58

    +2.07%

  • NGG

    1.4600

    77.75

    +1.88%

  • GSK

    -0.4700

    46.63

    -1.01%

  • RBGPF

    -0.7800

    75.22

    -1.04%

  • CMSC

    0.0700

    23.85

    +0.29%

  • RYCEF

    0.0800

    14.88

    +0.54%

  • BTI

    0.3800

    54.59

    +0.7%

  • RIO

    0.0600

    69.33

    +0.09%

  • BCE

    0.0200

    23.19

    +0.09%

  • AZN

    0.8100

    84.58

    +0.96%

  • JRI

    -0.0100

    13.74

    -0.07%

  • CMSD

    0.0900

    24.1

    +0.37%

  • RELX

    -1.1200

    42.27

    -2.65%

  • BP

    0.7600

    36.58

    +2.08%

  • BCC

    -0.0900

    70.64

    -0.13%

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