Gulf News

HERE’S THE FULL STATEMENT

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The United Arab Emirates is honoured to participat­e in the Leaders’ Summit on Climate. The Summit is a key milestone in the internatio­nal climat\e space and strengthen­s momentum toward the United Nations Climate Change Conference (COP26) this November in Glasgow.

The UAE has a long-standing track record in proactivel­y adopting and promoting clean energy and carbon mitigation technologi­es as a key pillar of our economic diversific­ation strategy. We have always viewed progressiv­e climate action as an opportunit­y for economic growth. We know there is a strong business case for investment in climate mitigation and adaptation technologi­es, and that our investment­s will deliver jobs and economic growth alongside carbon savings.

Due to early investment and policy choices, the UAE now enjoys the lowest-cost solar power in the world, enabling further competitiv­eness in our industries and services. We are also one of the first countries in the region to implement commercial­ly viable carbon capture and storage at scale, providing an important proof point for traditiona­lly challengin­g emission sectors. We are also investing in new zerocarbon fuels, including hydrogen that shows promise as an energy source of the future. Furthermor­e, we are sharply increasing our investment in innovation and R&D for agricultur­e and food systems, to both adapt to climate change and reduce emissions – which will be the focus of a major new global partnershi­p to be announced shortly.

The UAE has and will continue to demonstrat­e constructi­ve leadership in climate action. Earlier this month, we hosted US Special Presidenti­al Envoy for Climate John Kerry and COP26 President Alok Sharma in Abu Dhabi, along with high level representa­tives from 10 MENA economies for the UAE Climate Dialogue. The dialogue concluded in a landmark joint statement from the region, as well as a bilateral statement between the UAE and the US committing to accelerate climate action.

The UAE has always sought to offer a practical, constructi­ve voice on the climate agenda, and we stand ready to work with the US and our global partners to make this critical year a clear success for climate action.”

President Biden’s Leaders Summit on Climate is an important moment on the path to the pivotal UN Climate Change Conference (COP26) this November in Glasgow. The Summit is designed to maximise the odds for global climate action at COP26. The themes of the Summit include finding strategies for reducing emissions; how to jumpstart private and public sector finance to drive the net-zero transition, and how to surface new and transforma­tional technologi­es to reduce emissions.

President Biden invited 40 world leaders to join him at the Summit, which begins April 22nd. Those invited were selected for being key voices in the climate fight, including the heads of government­s that are demonstrat­ing strong climate leadership and are charting particular­ly innovative pathways to a net-zero economy.

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