COP28 President-Designate Dr. Sultan Al Jaber has addressed the nineteenth session of the African Ministerial Conference on the Environment , sharing his vision and priorities for COP28, especially the need for adaptation financing and acceleration of the energy transition.
"With just over 100 days before the world gathers in Dubai for COP28, both the science and common sense are telling us that our collective response to climate change is nowhere near good enough." However, he also acknowledged that a chronic lack of available, accessible and affordable climate finance is holding back Africa's potential, noting that barely one tenth of global climate finance finds its way to the continent.
In making these remarks, Dr. Al Jaber referred to a meeting of the Independent High-Level Expert Group that united world leading economists in Abu Dhabi for two days of talks on the 15 and 16 August.