The importance of the UAE hosting the Conference of the Parties:
Due to vision of the UAE leadership and the legacy of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, in promoting sustainable development and environmental protection. The determination of the UAE, its strong diplomatic relations with global nations and pragmatic position on climate action, underpinned by proven experience in the energy and sustainability sectors led to:
the nation securing the international consensus in 2021 to host COP28 in 2023.
The late Sheikh Zayed laid the foundations of environmental sustainability and climate action that we have built on in the past decades. Today, we have a proven track record of reducing emissions, accelerating the growth of renewable energy and enabling the energy transition.
COP28 is an opportunity for the UAE to:
- To achieve political and economic benefits for the country, the region, and the world, including finding realistic, practical, and pragmatic solutions to accelerate the global energy transition.
- Highlighting the role of the UAE in building bridges to advance global efforts
- Support the Global South and countries that are most vulnerable.
Some examples of the UAE’s achievements reducing emissions, accelerating the growth of renewable energy and enabling the energy transition:
- Stopping gas flaring since the 1970s under the directives of the late Sheikh Zayed (may his soul rest in peace)
- Launching Masdar in 2006 as the region’s first renewable energy and sustainability initiative, which implemented several clean energy projects locally, regionally and globally
- Launching the phase of the Sheikh Mohammed bin Rashid Al Maktoum Solar Park in 2013
Some of the UAE efforts in the field of clean energy and climate:
- The UAE was the first country in the region to ratify the Paris Agreement and to announce a strategic initiative to achieve Net Zero by 2050
- The UAE hosts the headquarters of the International Renewable Energy Agency (IRENA)
- The UAE has invested more than US$50 billion in clean energy projects in 70 countries, including 40 developing nations
- The UAE announced the UAE-US Partnership to Accelerate the Transition to Clean Energy (PACE) to catalyse US$100 billion in financing, investment, and other support and will deploy 100 gigawatts of clean energy globally