[ad_1]
The UAE is participating in the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) in Sharm el-Sheikh, Egypt, with a delegation comprising representatives from various sectors representing more than 70 public and private entities, policymakers, Negotiators, business leaders, some women and young entrepreneurs, and civil society organizations.
The delegation will focus on strengthening the close partnership between the UAE and Egypt, supporting the Egyptian COP27 presidency in its efforts to achieve the goals of the Paris Agreement, and linking COP27 with the outcomes of the 2023 UAE Climate Conference, COP28.
For the latest headlines, follow our Google News channel online or via the app.
The main objective of the UAE’s participation in COP27 is to highlight the country’s commitment to a low-carbon path, which will create opportunities for sustainable socio-economic development in all countries, including the most climate-vulnerable developing countries.
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and the UAE’s Special Envoy for Climate Change, said: “As directed by the UAE leadership, national delegations to COP27 aim to provide practical solutions for climate change mitigation and adaptation. Climate impacts, accelerating Low-carbon economic growth and the creation of sustainable economic and social development opportunities in all countries, including the Global South and developing countries. Our aim is to highlight the UAE’s decades-long track record in climate diplomacy and develop practical climate solutions programmes to meet the aspirations of developing and fragile states.”
Dr. Sultan said: “The UAE is keen to intensify efforts to reduce emissions, meet the goals of the Paris Agreement and adopt a sustainable economic pathway consistent with net zero by 2050. The UAE aims to accelerate progress on all fronts: mitigation, Adaptation, financing, and loss and damage, with a special focus on the most vulnerable countries. We will work with the international community to drive a realistic energy transition that leaves no one behind and immediately supports those already worst affected by climate change.”
Dr. Sultan, who is also chairman of Abu Dhabi Future Energy Company (Masdar), a global leader in renewable energy, said the UAE believes that climate action will unlock economic growth and opportunities for future generations. He said that as the host country of COP28, the UAE takes its responsibility to lead the UN climate process very seriously. “COP28 will be a landmark COP – aimed at the first comprehensive assessment of the world’s efforts to tackle climate change through a ‘global stocktake’. This is a key opportunity to boost global ambition. For COP28 to be successful, it must have a genuine Inclusive. The UAE will ensure we engage everyone in the dialogue – from business and industry to academia, youth and civil society.”
pragmatic solutions
Underlining the country’s focus on identifying implementable and pragmatic solutions to climate change, Mariam Almheiri, Minister of Climate Change and Environment, added: “As the world meets at COP27 to find implementable solutions To combat climate change, the UAE’s experience and track-record will serve as a guiding force to help shape an actionable climate action agenda. The UAE will be the first country in the MENA region to develop a national net-zero pathway. This represents a move towards mobilizing the entire National endeavour and a pragmatic and important step on the basis of the Net Zero 2050 Strategic Initiative. We look forward to presenting in Sharm el-Sheikh our approach and expertise for a net zero world.”
The UAE will also reaffirm the role of youth and women in building a global consensus on climate action. Shama bint Sohail Faris Al Mazroui, Minister of State for Youth, said: “The UAE has built a model that empowers and encourages young people to become leaders and champions of sustainable development. Actively involved in shaping the pathway to Net Zero. In Sharm El Sheikh, a youth delegation joined us at the Conference on Youth (COY) and COP27, and we will highlight the UAE’s model of youth empowerment by asking youth to lead our engagement “Youth play a key role in implementing the UAE’s climate agenda. We reaffirm our commitment to regional and global youth and will work with them to find practical solutions to climate change.”
A solid track record in climate action
The UAE became an official party to the United Nations Framework Convention on Climate Change in March 1996 and was the first country in the region to sign and ratify the Paris Agreement and the first to commit to achieving economic scope through the Net Zero 2050 Strategic Initiative emission reductions within.
With the world’s three largest single-site and lowest-cost solar power plants, the UAE has invested more than $50 billion in clean energy investments in 70 countries, 31 of which are climate-vulnerable. The country has pledged an additional $50 billion over the next 10 years.
The UAE recently signed the UAE-US Partnership for Accelerating Clean Energy (PACE) to decarbonise the energy the world depends on today, while expanding investments in zero-carbon energy in both countries and emerging economies around the world. PACE will seek and facilitate $100 billion in investments to generate 100 GW of clean energy by 2035 in the UAE, US and emerging economies.
The UAE was the first country in the MENA region to invest in industrial-scale carbon capture, use and storage (CCUS), the first to deploy peaceful nuclear power, and achieve the world’s most cost-competitive wind power generation. The country is the first to explore clean alternatives such as green hydrogen.
The UAE has also taken proactive and world-first initiatives to reduce methane intensity and emissions, achieving the lowest methane intensity rate in the global energy sector 20 years before global commitments called for gradual reductions. The UAE updated its second Nationally Determined Contribution in September 2022 with a goal of reducing carbon emissions by 31% by 2030.
Cooperation
The UAE is also promoting holistic solutions to climate change, such as accelerating investments in climate-smart agricultural technologies through the Agriculture Innovation Mission for Climate (AIM for Climate). The UAE has committed an additional $1 billion in investment to accelerate innovation in climate-smart agriculture and food systems.
The UAE has launched Etihad 7, a UAE-led innovation programme dedicated to securing funding for renewable energy projects in Africa, with the goal of providing 100 million people with clean electricity by 2035.
The UAE is home to the International Renewable Energy Agency (IRENA). The UAE and IRENA are working together to launch the Energy Transition Acceleration Financing (ETAF) Platform, a global climate finance facility that aims to deploy 1.5 GW of new renewable energy in developing countries by 2030.
The UAE has committed US$400 million in funding from the Abu Dhabi Fund for Development (ADFD) for the platform, which was formalized through an agreement signed by IRENA with ADFD and Masdar, the UAE’s global leader in renewable energy. Masdar currently invests more than $20 billion in renewable energy projects in more than 40 countries, which generate more than 15GW of clean electricity and emit nearly 19.5 million tons per year.
Climate action in the UAE relies on innovation and technology, including measures to enhance food security through the world’s largest vertical farms, Bustanica (producing over 1,000 tonnes of leafy greens per year) and farms in Al Ain, run by the Emirates Group. Produces blueberries and strawberries grown in the UAE.
The UAE also supports grassroots community empowerment through programmes such as the Zayed Sustainability Award, which recognises impactful, innovative and inspiring sustainability initiatives.
read more:
UAE President Sheikh Mohamed bin Zayed to attend COP27 in Egypt
Climate damage financing on the agenda at COP27
Ten things to watch out for at the COP27 climate summit in Egypt
[ad_2]
Source link