COP28 President-Designate emphasises importance of energy industry as part of solution at COP28

COP28 President-Designate emphasises importance of energy industry as part of solution at COP28

HOUSTON, Texas, 6th March, 2023 (WAM) -- Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 UAE President-Designate, today emphasised the integral role that the oil and gas industry plays in solving the climate challenge during his keynote remarks at CERAWeek.

Speaking at the plenary on the first day, Dr. Al Jaber explained, “Energy leaders have the knowledge, experience, expertise and the resources needed to address the dual challenge of driving sustainable progress while holding back emissions.”

He said, “Let me call on you today to decarbonise quicker, future-proof sooner and create the energy system of the future, today.”

“Alongside all industries, the oil and gas sector needs to up its game, do more and do it faster,” Al Jaber added.

Dr. Al Jaber summed up the complexity of the challenge saying, “By 2030, there will be an extra half billion people living on this planet, demanding more energy every year. And at the same time, the world needs to cut emissions by 7 percent each year to keep 1.5 alive- that’s 43 percent in less than seven years. This is a global challenge that calls for global solutions from every stakeholder acting in unity and solidarity.”

He said, “This