COP28 President-Designate calls for action to transform, decarbonize and future-proof economies at UAE Climate Tech

  • Date: 10-May-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

COP28 President-Designate calls for action to transform, decarbonize and future-proof economies at UAE Climate Tech

- UAE Climate Tech provides platform to transform, decarbonize and future proof economies.

- Power of technology to turn one of the greatest challenges we face today into one of the greatest opportunities for sustainable socio-economic development.

- to maintain economic progress, while dramatically reducing emissions and meeting goals of Paris Agreement, we need nothing short of a major course correction.

- Need to translate what we agree inside the COP negotiation rooms into practical actions in the real world.

- We need breakthrough solutions, and the single most critical source of these solutions is technology.

- The potential is there, but the landscape is fragmented and this is simply slowing us down. What is missing is a holistic, unifying ecosystem that brings all the key players together and brings everything under one umbrella.

- With the right policies stimulating the right investments, climate technologies could at-least double their contribution to global growth, while removing up to 25 billion tons of carbon emissions annually.

- By leveraging climate technologies, we can build a new economic development model based on putting an end to emissions, while breathing new life into economic growth.

- Dr. Al Jaber repeats call for the tripling of global renewable energy capacity to 11000 GW