Sultan Al Jaber: Proactive climate action boosts stability and economic growth

Home » News » Sultan Al Jaber: Proactive climate action improves stability and economic growth February 19, 2022

  • UAE coordinates with UK and Egypt to ensure continuity at COP28
  • Climate action, peace, stability and prosperity are closely linked
  • Our goal is to reduce emissions, not to reduce growth and progress

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and UAE Special Envoy for Climate Change, affirmed the UAE’s vision of wise leadership for climate action as one of the key catalysts for achieving stability and economic prosperity. .
He stressed that the UAE continues its efforts to support progress and achievements in climate action by playing an active role in the conferences of the parties to the United Nations Framework Convention on Climate Change and in other relevant international events, and building on its results in preparing to host the Twenty-eighth Conference of the Parties (COP28) in the country. UAE in 2023.
This happened during his participation in the “Munich Security Conference”, which started on Saturday and will continue until February 20.
Sultan Ahmed Al Jaber said: “Although climate change remains one of the greatest global challenges, the world after COP26 has become in a much better position than it was before, especially since 90% of global economies have announced their commitment to climate neutrality. This commitment is a clear indication that now is the right time to invest in low-carbon solutions, which represent promising opportunities valued at trillions of dollars, creating jobs, new sectors and opening a new door to hope for present and future generations.
He added: “COPs play a pivotal role in enabling an action plan to accelerate low-carbon economic development. The basis for success in this area is the participation of all parties and the provision of equal opportunities for the public and private sectors, scientific and civil societies, and developing and developed countries for discussion and interaction. I am confident that the upcoming COP27 in the sister Arab Republic of Egypt will complete what was achieved at the twenty-sixth COP26, and we in the United Arab Emirates look forward to playing our role as host of COP28, and we will build on what has been Progress has been made, while ensuring that the conference is inclusive of all stakeholders and focuses on practical solutions.
He participated in a panel discussion entitled “Scaling Up Climate Action” during the first day of the Munich Security Conference, alongside Senator John Kerry, the President’s Special Envoy for Climate Affairs, Dr Abul Kalam Abdul Mumin, Minister of Foreign Affairs of the Republic of Bangladesh, and Dr. Franziska Brantner, Minister of State at the Federal Ministry for Economic Affairs and Climate Action of the Federal Republic of Germany.
Moderated by Zani Menton Beddos, Editor-in-Chief of The Economist, the panel discussed the importance of climate cooperation at a time of growing geopolitical tensions around the world. On this, Dr. Sultan Ahmed Al Jaber said: “Moments like this demonstrate the importance of international cooperation. Regardless of the differences, climate change remains a common global challenge. And we must keep in mind that proactive climate action offers great economic opportunities that will strengthen the convergence of nations. By focusing on uniting our efforts around a common challenge, the opportunities for cooperation increase and the potential for disagreement decreases.
He added: “The UAE supports initiatives to move climate action forward, including German Chancellor Olaf Schultz’s proposal for the Group of Seven industrialized nations to launch an ‘International Club’. change”, with an emphasis on ensuring the participation of all parties, The existence of a real will and clear objectives, without depriving developing countries of opportunities to participate and benefit .
He stressed that the impacts of climate change could exacerbate conflicts if left unaddressed. He said: “With the persistence of harsh climatic conditions, the repercussions have started to appear on a range of issues, including food and water security, leading to an escalation of conflicts in the future.
In other words, climate concerns turn into security concerns. Therefore, we need to redouble our efforts to address these challenges, and we need to focus more on building resilience, adapting and adapting to climate change.
He continued: “To advance our efforts, we need to adopt a more proactive approach at the level of all international multilateral organizations, such as the United Nations and the Group of Twenty. Cutting-edge technology will play a key role in achieving this goal by leveraging its applications, such as the integration of artificial intelligence and big data into the prediction models of humanitarian organizations, so that we can allocate resources needed before disaster strikes. Knowledge itself is power, and we must harness that power to protect societies from what can be expected.
Dr Sultan Ahmed Al Jaber also highlighted the need to increase investment in agricultural technologies and leverage best practices to protect food and water security in countries most vulnerable to the impacts of climate change. With the United States of America and with the participation of 37 countries, with the aim of increasing investments in innovative agricultural systems, from drought-resistant seeds to water-efficient vertical agriculture .
These investments we are making today aim to help countries and societies adapt to the effects of climate and build their resilience and stability, so that peace will be the fruit of these investments in the future.
Dr. Sultan Ahmed Al Jaber reiterated that the UAE supports smart financing for climate action, and also stressed that the world must meet its commitments to provide $100 billion in climate finance every year to developing countries, stating: “These countries are the least responsible for climate change”. change, despite the fact that it instead bears the greater cost of not taking sufficient action to deal with it. Therefore, there is a need to direct the appropriate amount of funding to the countries most in need, which will lead to the consolidation of peace, stability and prosperity, not only in developing countries, but also worldwide.
He concluded his participation by speaking on the issue of energy sector transformation and said, “We must realize that energy sector transformation cannot happen overnight. And that ensuring global energy security requires continued use of all available energy sources for years to come. It is essential to continue to invest in oil and gas that is less carbon-intensive and cheaper to produce. We must always realize that our goal is to reduce emissions, not to reduce growth rates and progress. »
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