Al-Jaber, who also holds the position of CEO of the National Petroleum Company “ADNOC” and the position of the Emirates envoy on climate change, said at the India Energy Week, which is being held in Bangalore, that “the transition process in the energy sector requires the concerted efforts of all segments of society in a process that includes everyone, including Of course the energy sector.
“This does not represent a conflict of interests. It is in our common interest that the energy sector work alongside all parties to find solutions that the world needs,” he added.
The decision to appoint Al-Jaber as chairman of the COP28 conference was criticized by activists who said it threatened the “legitimacy” of the forum.
The UAE is one of the largest oil producers in the world.
COP 28 will be held in Dubai in November and December.
Al-Jaber stressed that “the world still needs hydrocarbons, and will continue to have to rely on them during the transition from the current energy system to the new energy system.”
“We cannot stop relying on the current energy system before building the new system. Therefore, we need to reduce the carbon footprint of these resources, and invest in less carbon-intensive oil,” he added.
Al-Jaber pledged to work “with all sectors, including the energy sector, to accelerate the pace of reducing emissions of current energy sources and increasing the growth of clean energy alternatives,” stressing that “the energy sector is an integral part of the solution needed to achieve the transition in the sector.”
According to Al-Jaber, “we need to eliminate the lack of energy, while maintaining the goal of limiting the rise in global temperature to the level of 1.5 degrees Celsius.”
“We also need to move from talking regarding setting goals, to implementing them,” he explained.
© 2023 AFP
