The Weekend Essay: Why the Middle East is the next stage for the world’s climate future – The National

  • Date: 21-Jan-2022
  • Source: The National
  • Sector:Oil & Gas
  • Country:Middle East
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The Weekend Essay: Why the Middle East is the next stage for the world’s climate future – The National

This time last year I wrote in this very newspaper that 2021 could prove to be a year that defines our long-term future. The argument was that with COP26 taking place the end of the year, failure to account for the role of the energy transition in achieving climate ambitions now would irreparably compromise our ability to meet climate and development goals this decade. 2021 was our last best hope. Leaders had to make a choice.

Well they chose, and many strengthened their commitment to a decarbonised future. Nations committed to phasing down coal and phasing out inefficient fossil fuel subsides. More than 100 countries signed a global methane pledge to cut emissions by 30 per cent by 2030, and rich nations reinforced a commitment to mobilise $100 billion through 2025 to support efforts in the developing world.