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UAE Names ADNOC Chief Jaber As COP28 Climate Conference President

PARIS, France - The United Arab Emirates said on Thursday that Sultan al - Jaber, the head of state oil giant ADNOC, would act as president of the COP28 climate conference it is hosting this year.

Jaber, also UAE's minister of industry and technology and its climate envoy, will help develop the COP28 agenda and play a central role in intergovernmental negotiations to build consensus, his office said in a statement.

The UAE, a major OPEC oil exporter, will be the second Arab state to host the conference after Egypt hosted the United Nations Framework Convention on Climate Change's (UNFCCC) 27th Conference of the Parties (COP27) in 2022.

Some officials had criticised the outcome of the COP27 conference, saying fossil fuel producers had benefited from sympathetic treatment from Egypt, a natural gas exporter and frequent recipient of Gulf funds.

The Egyptian presidency denied and sympathetic treatment.

As founding CEO of Abu Dhabi's renewable energy firm Masdar, in which ADNOC has a 24% stake, Jaber has green credentials having overseen its mandate to adopt renewables in the UAE.

He is also overseeing an acceleration of ADNOC's low-carbon growth strategy approved late last year.

The UAE and other Gulf energy producers have called for a realistic energy transition in which hydrocarbons would continue playing a role to ensure energy security while making commitments to decarbonisation.

Demands from environmental groups and scientists that government and companies leave oil and gas in the ground have gained less traction since Russia's invasion of Ukraine last year and Europe's scramble for energy security.

The UAE, the first country in the region to ratify the Paris Agreement, has committed to reach net zero emission by 2050.

The COP28 conference will be the first global stocktake since the landmark Paris Agreement in 2015.



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