COP28 to unite divided world in climate action, says UAE minister

  • Date: 03-May-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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COP28 to unite divided world in climate action, says UAE minister

Determined to “unite a divided world”, COP28 UAE President Designate Dr Sultan bin Ahmed Al Jaber has urged developed countries to meet a $100 billion annual financing target to support vulnerable nations affected by the impact of climate change and tackle the crisis.

Speaking at the 14th Petersberg Climate Dialogue, co-hosted by Germany and the UAE in Berlin, Dr Al Jaber noted that for the past three months, he and his team have been on a “listening tour” hearing views and ideas from the Global South, major economies, indigenous people, NGOs, civil society, the business community and youth.

“Expectations are very high and trust is very low. Developing countries are still waiting for the $100 billion promised by developed nations 14 years ago. This is holding up progress. And as part of my outreach, I am requesting donor countries to provide a definitive assessment on the delivery of this commitment before COP28. It is vital to the political credibility of the UNFCCC process, that donors step up to this long overdue obligation ahead of COP28, especially as the real value of this commitment has eroded over time,” Dr Al Jaber underlined his expectations before the 28th session of the UN Climate Change