COP28 UAE: Dr Sultan Al Jaber unveils four-pillar action plan

  • Date: 13-Jul-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

COP28 UAE: Dr Sultan Al Jaber unveils four-pillar action plan

COP28 President-Designate Dr Sultan Al Jaber has released a four-pillar action plan ensuring fast-tracking a responsible energy transition, fixing climate finance, focusing on people, lives and livelihoods in adaptation efforts, and making COP fully inclusive. Speaking at the Ministerial on Climate Action in Brussels, convened by the environment ministers of the European Union, Canada, and China, Dr Al Jaber said it was time to challenge financial models built for the last century and break down silos in industries and governments that slow down progress to a low carbon economy. “We are at the midway point between Paris and 2030, but we are nowhere near close enough to our destination. We have to face facts. The incremental steps taken so far to address the climate crisis are not meeting the urgency of the moment,” he said. “Today I am calling on all of us to disrupt business as usual, unite around decisive action and achieve game-changing results.” Describing the central purpose of his plan, Dr. Al Jaber said: “This plan is guided by a single north star. And that is keeping 1.5 within reach. To do this, we aim to match the highest ambition for the negotiated outcomes with an equally