Bloomberg writes about UAE’s leadership in climate action and considers Sultan Al Jaber ‘climate ally’

The selection of Dr. Sultan Bin Ahmed Al Jaber, President-designate of the COP28, is still praised by the major international media, which has contributed to the census of men’s competence, against those who tried to insult him after he was tasked with hosting the UAE’s next climate summit.

This past January 12 was a historic day, after Sheik Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidency, under the guidance of Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, issued a decision to assign Dr. Sultan bin Ahmed Al Jaber, Special Envoy of the United Arab Emirates for Climate Change, as the designated President of the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28).

Amidst the positive reactions to Dr. Sultan Al-Jaber’s selection for this position, his pioneering role in climate action, and support for efforts to transition to clean energy, an international certificate came from the US economic agency Bloomberg. Bloomberg is one of the most prominent international media outlets, which is characterized by neutrality and sobriety in its reports.

Dr. Sultan Al Jaber.. Climate Ally

“The head of an oil company may seem like an odd choice to lead the next global climate summit under the umbrella of the United Nations, but environmental activists must give him a chance,” read an editorial entitled “Climate needs an ally like Sultan Al Jaber,” published by Bloomberg News on Friday, February 24.

The US agency confirmed that Dr. Sultan Al-Jaber, the president-designate of COP28, is “the ally that the climate movement needs,” noting that his long and historical assets enable him to meet the requirements of the position, especially at this critical time for the climate.

Going back to Dr. Sultan bin Ahmed Al-Jaber’s record, we find him pregnant with the great responsibilities that he has succeeded in performing to the fullest extent, having twice been appointed Special Envoy of the United Arab Emirates for Climate Change (2010-2016 and 2020-present), and having participated in more than 10 previous Conferences of the Parties on Climate, including the historic Cop21 Conference, held in Paris in 2015, important experiences that enable him to read the scene more generally and provide an important view on climate and its issues.

In addition, Dr. Sultan Al Jaber, who is behind him, is on a distinguished and long-standing path in the field of management, economy and renewable energy sector, where he played a pivotal role in the development, development and expansion of the UAE renewable energy assets portfolio, all of which enable him to play an important role in leading the intergovernmental process of convergence of views and consensus to reach a global consensus to raise the ceiling of climate ambition, in cooperation with a wide variety of partners and stakeholders, including the business sector and civil society.

This information prompted Bloomberg to confirm that most of the world leaders supported the appointment of Dr. Sultan Al Jaber as the President-designate of COP28, including President Joe Biden’s Special Envoy for Climate John Kerry. The International Agency also highlighted in its article the recent visit of Dr. Sultan Al Jaber to India, during which he explained the seriousness of the challenge facing the world and conveyed the United Arab Emirates’ desire to help India achieve its ambitious goals in the clean energy field.

On this visit, Dr. Sultan Al Jaber called for more investment in decarbonization technology, including nuclear and hydrogen power. He supported an inclusive community approach that mobilizes every sector and demands more development banks and financial institutions, and Dr. Sultan Al Jaber spoke of the need to mitigate the climate impact of fossil fuels during the global transition to clean energy.

A long and distinguished career in climate action

In its article, Bloomberg highlighted that Dr. Sultan Al Jaber is the founding CEO and current chairman of Masdar, which aims to generate 100 gigawatts of renewable energy by the end of the decade, a goal that exceeds that set by some major European countries. If each country aims to produce the same amount of renewable energy per capita over the next seven years as the UAE, the battle against climate change could shift.

The same source added that in 2006, under the directives of the leadership of the United Arab Emirates, Dr. Sultan Al Jaber led the team that established Masdar with the aim of speeding up efforts to diversify renewable energy sources in the country, the region and the world.

In this regard, Masdar has contributed to the UAE’s renewable energy goals, has played a pivotal role in diversifying and doubling the UAE’s renewable energy asset portfolio, and has made outstanding investments in renewable and clean energy projects in more than 40 countries around the world, including many island and African countries vulnerable to the effects of climate change. Masdar is working to boost its production capacity to 100 gigawatts of renewable energy in its local and global portfolio by 2030.

Bloomberg said that the task of Sultan Al Jaber was not easy, especially in light of the increasing pressure on rich countries to fulfill their financial obligations towards the developing world, and the development banks and sovereign wealth funds to expand their ambitions; Help overcome barriers to increased private sector investment in clean energy projects, especially in the developed world.

Sultan bin Ahmed al-Jaber’s career is distinguished by his pragmatic and responsible approach to achieving a realistic, practical and equitable transition in the energy sector that contributes to effective climate action, ensuring energy security and availability while achieving economic growth.

A slap in the face for climate activists and rehabilitation of UAE and Dr. Al Jaber

Bloomberg took the opportunity of this article to confirm that the negative reactions that followed the announcement by the United Arab Emirates hosting the COP28 summit in 2023, by environmentalists and climate activists, are meaningless, highlighting that “environmentalists wondered how a country that produces oil could organize a climate conference”. The fact that the chairman of its national oil company, Minister Sultan Al Jaber, took over the chairmanship of the summit raised the ire of these activists.

Bloomberg called on the environmental activists to stop complaining and deal positively with the issue, adding that Sultan Al Jaber is exactly the right ally to defend their cause, stressing that “there is no escaping the fact that the world is still in need of oil and gas and will remain so for a while, a fact that is ignored by Al Jaber’s critics.”

“Combating climate change is not a question of immediately ending all oil and gas production, but of developing a sufficient amount of clean energy to dispose of it as soon as possible,” Al-Jaber said. It did so in a way that boosted economies and raised standards of living, through “pro-growth, pro-climate” policies.

In this context, the Bloomberg article talked about the importance of the UAE hosting the COP28 summit, indicating that its President, Minister Sultan Al Jaber, is the right person in the right place. With his extensive knowledge and experience in the field, he knows how to be an ally and supporter of climate activists and the nations and governments of the world seeking to reduce carbon emissions and protect the climate. It has the best applications, means and solutions to shift to environmental sustainability without reducing countries’ fuel needs.

Jaber has an interest in the clean energy industry and is the founding CEO and current chairman of Masdar, which aims to generate 100 gigawatts of renewable energy by the end of the decade, IEA said. This is a goal that exceeds that set by some of the larger European countries.

If each country aims to produce the same amount of renewable energy per capita over the next seven years as the UAE has done, then climate change can be combated, the source said.