Displaying items by tag: Sultan Al Jaber

The UN climate change conference in Dubai, hosted by the United Arab Emirates, is on the verge of a significant breakthrough in addressing climate change. The UAE negotiating team expresses 'cautious optimism' that COP28 will commit to gradually reducing and possibly eliminating fossil fuels over the coming decades. This is a remarkable shift, as fossil fuels were rarely discussed at previous climate conferences until COP26 in Glasgow in 2021, where the focus was on phasing down coal. While the commitment in Dubai may not set a specific expiry date for fossil fuel use and will probably allow for ‘abated’ fossil fuels with carbon capture, it represents a historic acknowledgment of the need to address the primary source of climate change. Sultan al-Jaber, COP28 president and head of UAE state oil company Adnoc, has been advocating for a fossil fuel phase-out; this underscores the significance of addressing climate change even in such a major oil-producing country. Interestingly, the number of delegates representing fossil fuel interests has quadrupled compared to COP27: see

President Sultan al-Jaber has denied allegations that the UAE plans to use the COP28 climate summit to negotiate oil and gas deals with other nations, as reported by the BBC on 27 November. Leaked briefing documents indicated the UAE's intention to discuss fossil fuel agreements with fifteen countries during the summit. The documents revealed proposed talking points for various countries, including China, Colombia, Germany, and Egypt, regarding fossil fuel collaboration. Mr Jaber, who is also the CEO of UAE's state oil company, Adnoc, and renewables business, Masdar, dismissed the allegations, calling them false and inaccurate. The controversy raises concerns about the intersection of climate goals and fossil fuel interests. The hope is that COP28 will help limit the long-term global temperature rise to 1.5C, which the UN's climate science body says is crucial to avoid the worst impacts of climate change. But that will require drastic cuts in greenhouse gas emissions - a 43% reduction by 2030 from 2019 levels.

Sultan Al Jaber, the CEO of the UAE’s national oil company, Adnoc, has been controversially appointed president of the UN’s COP28 summit in December; campaigners say this makes a mockery of the summit. Adnoc, the world’s 11th biggest oil and gas producer, delivered over a billion barrels of oil equivalent (BBOE) in 2021. Time is running out to end the climate crisis, yet Sultan Al Jaber is overseeing expansion to produce extra oil and gas, equivalent to 7.5bn barrels of oil, the fifth largest increase in the world. 90% would have to remain in the ground to meet the net zero scenario of the International Energy Agency. The UAE has the third largest plans for oil and gas expansion in the world, surpassed only by Saudi Arabia and Qatar.

The United Arab Emirates has appointed Sultan al-Jaber to preside over the next round of climate talks in Dubai. He is CEO of Abu Dhabi’s state-run oil company and oversees its renewable energy efforts. His firm pumps four million barrels of crude daily and hopes to expand to five million, generating more heat-trapping carbon dioxide that the climate negotiations aim to limit. The Emirates’ state-run news agency said this will be a critical year in a critical decade for climate action. It quoted al-Jaber saying that the UAE is approaching COP28 with a strong sense of responsibility and the highest possible level of ambition. ‘We will bring a pragmatic, realistic and solutions-oriented approach that delivers transformative progress for climate and for low-carbon economic growth.’ Al-Jaber said the Emirates had invested over $50bn in renewable energy projects across seventy countries. His nomination drew immediate criticism.