UAE's Minister of State and CEO of the Abu Dhabi National Oil Company Sultan ahmed al-Jaber speaks during the opening ceremony of the Abu Dhabi International Petroleum Exhibition and Conference on November 11, 2019.
“Sultan al-Jaber has the credentials and background to lean into trends that are already on going,” said Ryan Bohl, an Austin, Texas-based Mideast analyst for a risk-intelligence firm called the RANE Network. “Him being an oilman, I don’t think that will be that big of a risk for him.” His nomination, however, drew immediate criticism. Harjeet Singh, who is the head of Global Political Strategy at Climate Action Network International, said al-Jaber holding the CEO title at the state oil company posed “an unprecedented and alarming conflict of interest.”
Each year, the country hosting the U.N. negotiations known as the Conference of the Parties — where COP gets its name — nominates a person to chair the talks. Hosts typically pick a veteran diplomat as the talks can be incredibly difficult to steer between competing nations and their interests. The nominee’s position as “COP president” is confirmed by delegates at the start of the talks, usually without objections.
Mubadala, Abu Dhabi’s sovereign wealth fund, has invested some $3.9 billion since 2018 in renewable energy, according to the New York-based research firm Global SWF. Masdar listed some $14.3 billion in investments in a 2020 briefing. Masdar did not respond to questions about its investments Thursday.
The UAE’s clean energy policies grew in the mid-2000s as Dubai’s real-estate boom saw it constructing the world’s tallest building and massive, palm-shaped archipelagos off its coast. The World Wildlife Fund at the time estimated the UAE had the world’s largest ecological footprint per capita — meaning that each of its residents used more resources on average than those living in any other nation. The UAE still ranks high on similar lists.
Jirre!! putting the fox in charge of the henhouse.
Why not those too who buy from them......polluters
The same climate advocate that flies around on a private jet?
Good Nominations Subjects to be added: 1:Clean the 2000 gigatonnes carbon emitted in atmosphere The ew carbon contribution is marginal 2:Decrease world population to 5 billion Population increases with 82 millions each year All need food,water,electricity,transportation,housing
Did the climate goons fly there
Simply means change the climate for oil. That's what gulf states intension is.
Money is everything, don't think otherwise!
What a poor choice!
So the UAE are basically taking the piss?
The final nail in COP
Let's dig up Dr Harrold Shipman and put him in charge of international geriatric care?
First trump and jared. Then golf. Now the climate…?
Everyone in that room is an industrial grade polluter.
Pfft.
UN NATO
Then no more private jets.