UAE hosting COP28 is a matter of ‘tremendous pride for Opec’, says Al Ghais

UAE hosting COP28 is a matter of ‘tremendous pride for Opec’, says Al Ghais

The Opec chief appreciates UAE's leadership role in the energy sector in tackling the climate challenge

Haitham Al Ghais, Secretary-General of Opec. — Reuters

Published: Mon 22 May 2023, 7:07 PM

Haitham Al Ghais, Secretary-General, Opec, on Monday praised the UAE’s leadership in climate change and standing commitment to sustainable practices and international cooperation to address the challenge of current times.

As the UAE marks 2023 as a ‘Year of Sustainability’, he said the culmination will be Dubai’s hosting of COP28, which is a matter of “tremendous pride for Opec”.

“The UAE has repeatedly shown climate leadership, particularly through the net zero 2050 strategic initiative and investing $40 billion in the renewable industry to date. Astonishing progress has been achieved in a relatively short period of time,” the Opec chief said while speaking at the 30th Annual Middle East Petroleum & Gas Conference (MPGC 2023) in Dubai on Monday.

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“We have followed with great interest the calls by COP28 president-designate Sultan Al Jabber for a positive, pragmatic and realistic approach to climate challenge… Opec believes that challenges before us be accurately diagnosed. It is about reducing greenhouse gases emission and not a misguided narrative of replacing one energy for another. Technological innovation will play a