Fatih Birol: ‘Cop28 could change the destiny of Middle Eastern economies’ – The National
Fatih Birol: ‘Cop28 could change the destiny of Middle Eastern economies’ – The National
The executive director of the International Energy Agency has called for Middle Eastern countries to accelerate their transition to clean energy.
Fatih Birol, who spoke to The National at Davos last month, said there are two key reasons why now is the right time to speed up the transition.
The region has “the financial muscles to have economic programmes diversified” as a result of high oil prices last year, with global oil and gas industry profits reaching about $4 trillion, he said.
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