Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, announced his bid to host the United Nations Climate Change Conference. He said: "Climate challenges are daunting, but they are also accompanied by huge opportunities to promote economic growth and create jobs. "As a country located at the core of the hydrocarbon industry and investing heavily in domestic and global energy diversification, we have seen with our own eyes that there are now unprecedented business reasons to support the highest level of climate ambitions-especially when it When promoting gender equality and empowering young people. "Cop28 will be a critical moment to take advantage of this opportunity. Our vision is to cooperate with all countries to realize their net economic benefits through accelerated actions.
Climate change threat
Recently, the United Arab Emirates and the United States have hosted a US climate envoy, John Kerry, in Abu Dhabi for a few weeks after participating in a regional dialogue on climate action, and launched a joint plan to address food insecurity. At a time when climate change threatens the stability of global food production, climate goals seek agricultural innovation. If the bid is successful, it will bring thousands of decision makers and representatives to the UAE capital.
The United Nations climate summit Cop26, which will be held in Glasgow, Scotland in 2021, is expected to have 30,000 participants. Even if it is affected by the pandemic, future summits may be even larger. The national news agency Wam said that as the permanent host country of the International Renewable Energy Agency (Irena) and the first country in the region to sign and ratify the Paris Agreement, the UAE has demonstrated a good track record in climate action and cooperation, making it a The ideal convener of Cop28. The UAE has become a natural host for high-level large-scale international events. Abu Dhabi Sustainability Week is the world's largest annual sustainable development event, with more than 45,000 representatives from 170 countries. The UAE also hosted the preparatory meetings for the 2014 and 2019 United Nations Climate Summits. In addition, the upcoming Dubai World Expo-focusing on sustainable development goals and including 192 national pavilions-will welcome tens of millions of visitors from October.
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In the past 15 years, the UAE’s investment in domestic renewable energy includes many of the world’s largest solar projects, resulting in the world’s lowest solar cost. Its international investment has also contributed to a substantial reduction in the cost of renewable energy in the past decade, reshaping the global energy market. The UAE has invested approximately US$17 billion in commercial renewable energy projects on six continents, and has provided more than US$1 billion in grants and soft loans for renewable energy power plants, including through the UAE-Pacific Partnership Fund and the UAE Caribbean Renewable Energy Fund. Editor/XuNing
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