COP28 will add to UAE’s track record in achieving COP’s intended results: Japan’s Institute of Energy Economics

  • Date: 31-Jul-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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COP28 will add to UAE’s track record in achieving COP’s intended results: Japan’s Institute of Energy Economics

The Institute of Energy Economics of Japan (IEEJ) affirmed that the 28th Conference of the Parties (COP28) to the UN Framework Convention on Climate Change (UNFCCC) is set to be held at a critical juncture, especially as it will feature vital discussions on countries’ energy contributions, energy transition pathways and costs, and enhancing measures related to protecting the planet from the negative repercussions of climate change.

In a statement to the Emirates News Agency (WAM), Toshiyuki Sakamoto, Board Member of the IEEJ, expressed his confidence in the UAE’s COP28 Presidency, noting that Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, possesses the experience required to coordinate policies related to environmental conservation and reduction of greenhouse gas (GHG) emissions.

The AR6 Synthesis Report: Climate Change 2023, issued by the Intergovernmental Panel on Climate Change (IPCC) in March 2023, warned of the current global warming rate of around 1.1°C above pre-industrial levels, Sakamoto explained, adding that the continuation of the current GHG emission levels hinders the drive to keep temperatures from rising to over 1.5°C above pre-industrial levels, and COP28 is an important opportunity to discuss this vital topic."

He said that the participation of around 200 countries