Abu Dhabi Global Energy Forum: Geopolitical Turmoil Affects Energy Transition

Abu Dhabi Global Energy Forum: Geopolitical Turmoil Affects Energy Transition

The seventh yearly Global Energy Forum, arranged by the Atlantic Council, has launched in the UAE capital, Abu Dhabi. Partakers at the Forum stressed the need for caution in the process of transformation in the energy sector.

Countries must avoid making the wrong choice when it comes to picking between safe and affordable energy and sustainable transition, especially considering the geopolitical energy crisis the world is currently witnessing.

Officials who participated in the Forum stressed that the world still needs more investments to maintain security of supplies and acceptable prices during global energy transition.

Sultan Al Jaber, UAE minister of industry and advanced technology and special envoy for climate change, called for a transformational shift in the race to combat the climate crisis.

Al Jaber delivered a speech at the Forum, which took place just days after Al Jaber was designated the COP28 president.

The minister pointed out that the UAE deals with responsibility and full awareness of the importance of hosting the Conference of the Parties (COP 28), and that it will focus on contributing to achieving global aspirations and accelerating climate action, stressing the urgent need to make progress in implementing the goals of the Paris Agreement.

Al-Jaber called for expanding the adoption of