COP28 President-Designate convenes CEO decarbonisation roundtable at UAE Climate Tech Forum to seek solutions for transforming, decarbonising and future-proofing industry

COP28 President-Designate convenes CEO decarbonisation roundtable at UAE Climate Tech Forum to seek solutions for transforming, decarbonising and future-proofing industry

ABU DHABI, 11th May, 2023 (WAM) -- COP28 President-Designate Dr. Sultan Al Jaber convened a CEO roundtable on the sidelines of the UAE Climate Tech forum, bringing together oil and gas, heavy emitting industries, technology providers, bankers and financial institutions to discuss, debate and find tangible solutions to address the urgent need for decarbonisation and emissions reduction.

The roundtable follows the call to action the COP President made during his speech at CERA week in Houston in March 2023, where he called on the attendees across the industry to work collectively to reach net-zero by 2050 and net-zero methane emissions by 2030.

Dr. Al. Jaber also encouraged those in the room to support the decarbonisation pathways of other industries and adopt established frameworks for reporting and verifying emissions.

Dr. Al Jaber said, “The transition to a low and eventually no carbon economy will require a collective and concerted effort from all stakeholders. We need to reimagine the relationship between energy producers and industrial consumers, from one based purely on supply and demand to one that is focused on co-creating the future. We must create an active partnership between the largest producers of energy, the biggest industrial consumers, technology companies, the finance community, governments