2024 will be a truly transformative year for global energy landscape: President and CEO of Atlantic Council

2024 will be a truly transformative year for global energy landscape: President and CEO of Atlantic Council

DUBAI - Frederick Kempe, President and CEO of the Atlantic Council said that 2024 is going to be a real inflexion point in the energy landscape, stressing the need to provide energy solutions to the global South with the support of the North to keep pace with faster, cleaner and more renewable energy development. In statements, on the sidelines of the 28th United Nations Climate Change Conference (COP28), at Expo City Dubai, Kempe said that the Conference will address the most significant framework of the equitable energy mix transformation. It will emphasise that COP28 is the Conference of Action as it contains the first global stocktake since the Paris Climate Agreement in 2015. He said, “We have seen progress in terms of deploying more renewable energy that has exceeded expectations, as the deployment of energy has contributed to slowing the rise in global temperature, but we have not stopped the rise in temperature, so we must find decisive solutions and COP28 is the conference of solutions, and what distinguishes it is the gathering of voices from the climate community that will enable us to achieve the goals related to decarbonisation and reach net-zero emissions by 2050. We are very optimistic