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Sultan Al Jaber

Agnès Pannier-Runacher, the French minister of energy transition

French minister hails positive steps in Cop28 negotiations

France’s minister of energy transition, Agnès Pannier-Runacher, has hailed positive progress in climate negotiations, especially on the financial support for vulnerable countries hit by climate disasters.  A final attempt to push through consensus became the most important point of the discussions ahead of the Cop28 climate conference in Dubai. Seventy ministers and 100 delegates met […]

The Cop28 presidency, led by Sultan Al Jaber, is encouraging companies to set 'science-based' net-zero transition targets

Businesses urged to sign up to UAE’s Cop28 charter

The Cop28 presidency has drawn up a Net-Zero Transition Charter to which private sector businesses can sign up to give greater credibility to their net zero strategies.  The aim is to encourage the private sector to take “bolder action on climate change and commit to greater accountability in their net-zero emissions pledges,” according to a […]

Francesco La Camera, Irena director general

Irena and industry leaders draw roadmap to fast-track renewables

The energy transition away from fossil-based systems must be accelerated to keep global warming at bay, according to intergovernmental agency the International Renewable Energy Agency (Irena), headquartered in Abu Dhabi. Irena and the Cop28 presidency combined with a group of industry players – the Global Renewables Alliance (GRA) – in calling for a trebling of […]

Climate health risks

Al Jaber: climate change health risks need more investment

Cop28 participating nations must increase financing to identify and mitigate climate change’s risks to human health, the summit’s president designate Sultan Al Jaber has said. “The connection between health and climate change is evident, yet it has not been a specific focus of the Cop process – until now,” Al Jaber told the UN General […]

Al Jaber first UN global climate stocktake

Al Jaber responds to first UN global climate stocktake

Cop28 president designate Sultan Al Jaber has urged nations to “urgently disrupt business-as-usual” to meet climate change goals, as the UN warned in its first global climate stocktake that progress made to date has been “inadequate”. The stocktake is a comprehensive review of countries’ progress on cutting emissions since the Paris Agreement was signed in […]

UAE prime minister Sheikh Mohammed bin Rashid looks on as Masdar chairman Sultan Al Jaber and Dewa CEO Saeed Mohammed Al Tayer sign the solar park agreement

Next $1.5bn phase of Dubai’s solar park to be ready in 2024

Dubai Electricity and Water Authority and Masdar have signed an agreement to build and operate the 1,800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The next phase of the world’s largest single-site solar park will cost AED5.5 billion ($1.49 billion).  “This phase will power over half a million residences while reducing […]

COP28 president-designate Sultan Al Jaber addresses delegates during the Africa Climate Summit in Nairobi, Kenya Video length: 03:55

Cop28 to invest billions in African clean energy

A UAE finance initiative led by Cop28 will put $4 billion direct investment and has pledged billions more into clean energy projects in Africa, the climate change summit’s president-designate Sultan Al Jaber said this week.   Al Jaber told the inaugural African Climate Summit in Nairobi on Monday that the initiative – involving high-profile UAE-based investors […]

Sultan Ahmed al Jaber Video length: 03:55

Who is Sultan Al Jaber?

The decision to name Sultan Ahmed Al Jaber to lead the Cop28 climate conference in Dubai has been criticised, as he is also CEO of fossil fuel producer Abu Dhabi National Oil Company (Adnoc). However, the UAE minister of industry and advanced technology also heads renewable energy business Masdar and has other sustainable credentials that […]

Cop28 Dubai agenda

Cop28 reveals programme for Dubai event  

The Cop28 UAE presidency has unveiled the two-week programme of topics to be discussed at the UN climate change conference on 30 November to 12 December. Cop28 will take place as a series of high-level talks alongside public discussions and other events at the Expo 2020 site in Dubai.  Last month the event’s president-designate Sultan […]

cracked river Syria

Cop28 and UN to draft climate finance framework

United Nations economists, the Cop28 leadership and other institutions including the World Bank and International Monetary Fund, have agreed to draw up recommendations to reform climate finance. The planned changes come amid concerns that the billions pledged by developed nations to tackle global warming are falling short. The recommendations – to be shared and discussed […]

Al Suwaidi climate pledge

Al Suwaidi: time to deliver on $100bn climate pledge

Developed countries must stump up their agreed $100 billion a year to tackle climate change as the world is a long way off from meeting the targets set in the Paris Agreement, Cop28’s director general said in Brazil this week. “We need to invest across the board in every kind of solution that is going […]

Masdar green bond

Masdar chief hails ‘defining moment’ in $3bn green fund

The chairman of Abu Dhabi Future Energy Company, better known as Masdar, has described the completion of its debut green bond issuance as a “defining moment”. The $750 million 10-year senior unsecured notes are listed on the London Stock Exchange (LSE) and form the first part of a programme to raise up to $3 billion. […]

Adnoc and Santos are working together on net zero projects

Adnoc shaves five years off net zero deadline

Abu Dhabi National Oil Company (Adnoc) has brought forward its deadline to reach net-zero carbon emissions by five years to 2045, citing its “industry-leading” progress on targets to date as the reason for the change.  Sheikh Khaled bin Mohmed, Crown Prince of Abu Dhabi, approved the state oil company’s plan to bring the net-zero deadline […]

A forest fire begins to burn out of control in Greece. Cop28 president Sultan Al Jaber wants more money for communities threatened by climate change

Al Jaber calls on G20 to double climate risk finance

Cop28 president Sultan Al Jaber and United Nations climate executive secretary Simon Stiell urged the G20 this week to increase funding known as “adaptation finance”, for communities at risk of facing climate change-related hazards.  “The G20 must affirm its commitment to [mobilising] the fund and funding arrangements. Those at the frontline of climate change need […]

Masdar chairman Sultan Al Jaber and Iberdrola executive chairman Ignacio Galan

Masdar buys 49% stake in German wind farm project

UAE renewable energy company Masdar is buying a 49 percent stake in Spanish utility Iberdrola’s 476MW offshore wind farm in the German Baltic Sea for €375 million ($414.5 million). The Baltic Eagle wind farm is valued at €1.6 billion, with Iberdrola controlling and managing the asset and providing operation and maintenance services. Baltic Eagle consists […]

Inpex Masdar Abu Dhabi

Masdar and Adnoc agree trio of green hydrogen deals

Abu Dhabi renewable energy company Masdar has agreed a deal with two Japanese energy and chemicals firms to explore production of commercial-scale polypropylene made from carbon dioxide and green hydrogen in the UAE.  Masdar has teamed up with Japan’s Mitsubishi Chemical Group Corporation and Inpex Corporation, a Japanese oil and gas company. They have signed […]

Cop28 Action Plan Dr Sultan Al Jaber

Cop28 action plan unveiled by Al Jaber

With the world in the grip of extreme weather events, Cop28 president-designate Sultan Al Jaber has announced a four-pillar climate action plan ahead of the forthcoming summit. The UAE’s climate envoy went on to issue a rallying cry to delegates to build the “energy system of the future”. “We need everyone to play their part […]

climate finance Al Jaber Cop28

Climate finance ‘not fit for purpose’, says Al Jaber

Sultan Al Jaber, who is due to preside over the Cop28 conference later this year, has said climate finance in its current form “is not fit for purpose.” He called for the financial architecture’s “comprehensive transformation” instead of “piecemeal reform”, adding that special focus is needed to support “climate-positive development” across the global south. “Climate […]