COP28 President-elect tells CARICOM Heads of Government that UAE is committed to uniting parties in Action COP, COP for All and COP for All

• PhD. Sultan Jaber, twenty-eighth meeting of the conference of the parties President-elect addresses summit of Governments Caribbean Community (CARICOM) port of spain
• “The world must now accelerate the pace and scope of its climate challenge. We need transformative progress, not incremental steps. If we want different outcomes, we need to challenge old models of doing things.”
• “We are determined to twenty-eighth meeting of the conference of the parties A COP of action and solidarity, a COP that unites and works for all“.
• “We have only seven years to reduce emissions by 43%, meet the Paris Agreement and get the 1.5% target within reach.”
• “We need a shift in mitigation, loss and damage and of course climate finance.”
• “We must fast-forward a just and equitable energy transition that leaves no one behind, tripling renewable energy capacity and doubling hydrogen production.”
• “We must protect nature, strengthen food and health systems, and scale up adaptation.”
• “This means meeting global adaptation targets and doubling adaptation funding.”
• “Funding is the foundation of everything. Funding is, of course, essential for loss and damage funding and funding arrangements.”
• “We need to engage everyone in the financial community to take a holistic approach to addressing global challenges, using all the tools at our disposal.”
• “This session of the COP will continue to place finance and IFI reform at the top of the international agenda.”
• “We need to continue to put pressure on donor countries to provide aid $100 billion This is a promise they made more than a decade ago. This has to be done this year so we can address the broader systemic issues. “
• “The current international financial architecture is not fit for purpose. Climate finance is nowhere near available, accessible or affordable.”
• “exist twenty-eighth meeting of the conference of the partiesthis Caribbean Sea The region will play a key role in bringing countries together and contributing to a consensus-driven approach across each climate pillar. “
• “this Caribbean Sea A community with CARICOM as its unified voice can help build support for an ambitious negotiating outcome and a transformative action agenda. “
• “Together, we can achieve a just energy transition with clean technologies without sacrificing energy security or national prosperity.”

Abu DhabiUnited Arab Emirates, July 5, 2023 /PRNewswire/ — COP28 President-elect Dr. Sultan Jaberaddress today at a summit of governments Caribbean Community (CARICOM) Trinidad and Tobagohe said Caribbean Sea States will play a key role twenty-eighth meeting of the conference of the parties Coordinate support for climate action, and old paradigms must be challenged to ensure climate diplomacy delivers results for: Caribbean Sea nation.

“exist twenty-eighth meeting of the conference of the partiesthis Caribbean Sea The region will play a key role in bringing countries together and contributing to a consensus-driven approach across each climate pillar. ” Al Jaber Tell the reps. “this Caribbean Sea A community with CARICOM as its unified voice can help build support for an ambitious negotiating outcome and a transformative action agenda. Together, we can achieve a just energy transition with clean technologies, without sacrificing energy security or national prosperity. “

this twenty-eighth meeting of the conference of the parties Chairman-elect pays tribute to Chairman’s work Mia MotleyPrime Minister Barbadosto advance climate finance reforms in vulnerable countries of the Global South.

“As Prime Minister Motley said in ParisThe world must now step up and scale up the climate challenge,” he said. “We need transformative progress, not incremental steps. If we want different outcomes, we need to challenge old patterns of doing things. “

With just seven years left to meet the goals of the Paris Agreement, “we need a transformation in terms of mitigation, adaptation, loss and damage, and of course climate finance,” said Dr. Al Jaber pointed out.

“We must fast forward a just and equitable energy transition that leaves no one behind, triple renewable energy capacity and double hydrogen production. We must protect nature, strengthen food and health systems, and scale up adaptation. “

Achieving the latter, the president-elect said, would require “achieving global adaptation goals and doubling adaptation funding”. “Finance is the foundation of everything. Finance is, of course, critical for loss and damage funds and financing arrangements. This COP will continue to place finance and IFI (International Financial Institution) reform high on the international agenda prime position.”

“We need to continue to put pressure on donor countries to provide aid,” the president-elect said. $100 billion This is a promise they made more than a decade ago. This has to be done this year so we can address the broader systemic issues. “

“The current international financial architecture is not fit for purpose,” he said. “Climate finance is not enough, accessible or affordable. Multilateral development banks (MDBs) are not providing enough concessional finance to reduce risk and attract more private capital and financing.”

“This has to change, and we need to engage everyone in finance to take a holistic approach to global challenges, using every tool at our disposal,” said Dr. Al Jaber explain.

Notes to editors:

twenty-eighth meeting of the conference of the parties United Arab Emirates:

• The 28th Conference of the Parties to the United Arab Emirates (COP28 UAE) will be held at November 30-December 12, 2023. The conference is expected to bring together more than 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth and non-state actors.
• Under the terms of the Paris Climate Agreement, the UAE’s COP28 will be the first to conduct a global stocktake – a comprehensive assessment of progress towards climate goals.
• The UAE will lead a process for parties to agree on a clear roadmap to accelerate progress through a pragmatic global energy transition and inclusive climate action that leaves no one behind.

SourceCOP28