Munich (WAM)

His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Special Envoy of the United Arab Emirates for Climate Change, confirmed the vision of the brilliant leadership in the United Arab Emirates for climate action, which is one of the key contributors. The United Arab Emirates continues to strive to achieve stability and economic prosperity and to support progress and achievements in climate change. Developing their releases in preparation for hosting the Twenty-eighth Conference of the Parties (COP28) in the United Arab Emirates in 2023, by actively participating in the Party Conferences and other related international events of the United Nations Framework Convention on Climate Change.
This was during his participation in the “Munich Security Conference” which began yesterday and continues to this day.
Hon’ble Dr. Sultan Ahmad al-Jaber said: “Although climate change is still one of the biggest global challenges, the world is better off than it was after COP26, especially since 90% of world economies declared their commitment to climate neutrality. This commitment is the right one to invest in low carbon solutions. It is a clear sign of the times, representing trillions of dollars worth of promising opportunities, creating jobs, creating new fields and opening new doors of hope for present and future generations.
He added: “The conventions of the parties play an important role in the implementation of action to accelerate low carbon economic growth, the basis of which is the participation of all parties and the provision of equal opportunities for discussion and communication between the public and private sectors, scientific and civil society and developing and developed countries.” I firmly believe that the forthcoming COP27 in Egypt will complement the achievements of COP26, and we in the UAE look forward to playing our part as hosts to COP28, and we will continue to make progress, ensuring that all stakeholders involved in the Conference are focused on practical solutions.

Geopolitical tensions around the world
During the first day of the Munich Security Conference, Senator John Kerry attended the panel discussion on “Improving Climate Change” with the US Special Envoy for Climate Change, His Excellency Dr. Abul Kalam Abdul Mumin, and the Secretary of State. Minister of State for the Affairs of the Republic of Bangladesh, and Minister of State for Economic Affairs and Climate Action of the Federal Republic of Germany. Francesca Brandner. The panel, led by Johnny Menton Pedos, editor-in-chief of The Economist, discussed the importance of climate cooperation at a time of rising geopolitical tensions around the world. In this regard, His Excellency Dr. Sultan Ahmed Al Jaber said: “Times like these highlight the importance of international cooperation. Despite the differences, climate change remains a common global challenge. We need to keep in mind that active climate action offers great economic opportunities and enhances the integration of nations. By focusing on unifying our efforts around a common challenge, the opportunities for cooperation increase and the potential for disagreement decreases. He added: The UAE supports initiatives aimed at advancing climate action on the path to progress, including German President Olaf Schultz’s proposal to a group of seven industrialized nations to launch an “international climate club”. The participation of all parties, the existence of clear will and clear objectives, must not miss the opportunity for developing countries to participate and benefit.

Intensity of conflicts
He noted that the consequences of climate change could be exacerbated if they are not addressed.
Therefore, we need to redouble our efforts to address these challenges and focus more on improving resilience, adaptation and adapting to climate change.
He continued, “To move our efforts forward, we must adopt a more effective approach at the level of all international multilateral organizations, such as the United Nations and the Group of Twenty.
Advanced technology will play a key role in achieving this goal by utilizing its applications such as artificial intelligence and the integration of big data into the forecasting models of humanitarian systems so that we can allocate the necessary resources before disaster strikes, and we must use this power to protect communities from what can be expected.

Preserving food and water security
His Excellency Dr. Sultan Ahmad al-Jaber stressed the need to increase investment in agricultural technology in countries most vulnerable to the effects of climate change and to benefit from better practices to protect food and water security. 37 countries, with the aim of increasing investment in the field of agricultural systems innovation, ranging from drought-resistant seeds to high-efficiency vertical agriculture in water consumption. These investments we make today focus on helping countries and communities adapt to the effects of climate change and improving their resilience and stability so that the return of these investments in the future will be peace.
He reiterated that the United Arab Emirates supports better financing for climate change, and stressed that the world must fulfill its commitment to provide $ 100 billion annually in climate funding to developing countries: Therefore, it is necessary to provide the right amount of funds to the most needy countries, which will lead to the integration of peace, stability and prosperity not only in the developing world but in the whole world.

Change in the energy field
His Excellency concluded his talk by talking about the issue of change in the energy sector: “We need to realize that change in the energy sector will not happen overnight.
To ensure energy security in the world, all available energy resources must be used consistently.
It is essential to continue to invest in oil and gas that produces low carbon concentrations and low cost. We must always realize that our goal is not to reduce growth rates and progress but to reduce emissions.