UAE planned to use role of climate conference host to offer lucrative oil and gas deals - BBC

The annual UN Climate Change Conference (COP 28) should be devoted to the gradual phase-out of fossil fuels. from fossil fuels, but according to documents obtained by the Center for Climate Reporting Center and the BBC, the United Arab Emirates (UAE) was planning to also use its role as host of this year's Conference to discuss to offer lucrative oil and gas deals.

This was reported by UNN with reference to BBC.

Details

Documents obtained by independent journalists from the obtained by independent journalists from the Climate Reporting Center on the eve of the COP 28 summit, which will begin on November 30, reveal the UAE's plans to discuss oil and gas deals with 15 countries.

It is noted that the UAE's organizing team did not deny the use of COP28 meetings for business negotiations, as "private meetings" remain "private".

At the same time, the UN organization responsible for the The UN organization responsible for the COP28 summit emphasized that it expects the host to be to be impartial and free of self-interest.

Reference

COP28 is the the latest round of the UN global climate negotiations. This year it is being held in Dubai, UAE. is being held in Dubai, UAE, and will be attended by 167 world leaders, including the including the Pope and King Charles III. These summits are the world's most important meetings to discuss how to combat climate change. For now, there are still hopes that COP28 will help limit the long-term increase in global temperature rise to 1.5C, which, according to the UN climate body, is crucial to avoid the worst effects of climate change. But this will require a sharp reduction in greenhouse gas emissions - by 43% by 2030 compared to compared to 2019 levels.

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Disclosures shed new light on the figure of the president of this year's World Climate Sultan Al Jaber, the president of this year's World Climate Conference. He is the Minister of Industry of the Emirates and and CEO of Adnoc, and as chairman of ADNOC, he stated in 2016 in 2016 that he wanted to lead the oil and gas giant to climate neutrality. However, critics see this as a serious conflict of interest: a man who who makes money from fossil fuels cannot promote the transition to "green" energy sources at a conference.

Responsible responsible UN organization, the United Nations Framework Convention on Climate Change (UNFCCC), emphasizes in its in its standards that the chairman of the World Climate Conference should "act without prejudice, preconception, favoritism, caprice, vested interest, preference or and solely on the basis of sound, independent and fair judgment."

It is unclear whether al-Jaber himself Al-Jaber himself made any proposals during the preparatory negotiations. But 12 countries told the BBC that either no commercial activities were discussed during the meetings or activities or the meeting did not take place.

Al-Jaber himself has expressed the following about criticism of his role:

People who accuse me of a conflict of interest do not know my background. I am someone who has worked on sustainable development for most of my career

The Center for Climate and the BBC also report that proposals have also been made to for the development of wind and solar projects: Al Jaber is also the chairman of the Emirati Masdar group, which makes money from renewable energy sources.

To recap

IEA head Fatih Birol warned that the upcoming COP28 conference in Dubai is crucial for the oil industry, emphasizing the need to reduce oil and gas dependence for a successful transition to clean energy and emphasizing the the inefficiency of carbon capture technology.