The President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, declared on Monday at the beginning of two weeks of climate negotiations in Egypt that the UAE will be a responsible provider of oil and gas for as long as the world requires.
He continued by saying that the Gulf country, one of Opec’s major producers but also a major investor in renewable energy, was concentrating on lowering the carbon footprint of its fossil fuel output.
Ladies and gentlemen, we only have one planet, so it is essential that we collaborate and work together in a spirit of resolve and hope to confront this shared challenge through climate action. We see this as a time for innovation, a chance to come up with fresh ideas, and a chance to broaden our economic base, Sheikh Mohamed remarked.
“The UAE is considered a responsible supplier of energy and it will continue playing this role for as long as the world is in need of oil and gas,” he said.
“Oil and gas in the UAE are among the least carbon-intensive around the world and we will continue to focus on lowering carbon emissions emanating from this sector.”
The Conference of the Parties (COP) in Egypt is the most recent in decades of UN discussions aimed at slowing down climate change brought on by the use of fossil fuels.
The COP28 conference, which will be held in Dubai’s Expo City next year and will be hosted by the UAE, will evaluate how well the 2015 Paris climate agreement, which aims to keep global warming to 1.5 degrees Celsius over pre-industrial levels, has been implemented.