The delegation of the Emirate of Dubai participated in the 26th session of the United Nations Climate Conference, which was held recently in Glasgow, Scotland, headed by the Secretary-General of the Executive Council and Vice-Chairman of the Steering Committee of the C40 Network of Climate Change Leaders for South and West Asia, Abdullah Muhammad Al-Basti.
The conference witnessed many events aimed at studying climate challenges and finding solutions to reduce the negative impacts of climate problems, where world leaders and heads of state and government met, as well as heads of international organizations, civil society and business leaders, to work on the global agenda to address climate change, and the most important decisions and results were discussed. Countries take to reduce emissions, discuss possible solutions to address global warming, and finance projects that support the green economy.
In this context, Al Basti stressed that the UAE is continuing to achieve sustainable development by investing in sustainable infrastructure and green activities. While hosting the Conference of the Parties to the United Nations Framework Convention on Climate Change “COP 28” in 2023 in Abu Dhabi embodies a new important achievement and the culmination of the distinguished environmental proactive efforts and initiatives in the country, based on the vision of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the State, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, aiming to expand investment horizons in the areas of clean energy and its use in the local economy and other infrastructure components A salute in support of the principles of the circular economy, and the promotion of international cooperation in facing global challenges in the areas of climate and environment to achieve a secure and sustainable future for all.
He pointed out that Dubai, from its position in the leadership of the green finance file, along with the network of the forty leading cities in climate change C40, and under the continuous directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, is participating with the cities of the world to develop a pioneering economic system based on investment in the green economy.
He added: “One of our most important priorities is to confront climate change within unified efforts locally and globally. We look forward to a safe and sustainable future for all, and the Emirate of Dubai has adopted, for years, the approach to switching to alternative energy, and promoting the concepts of sustainability in all fields, which has been embodied by various government agencies, through Many pioneering initiatives and projects in the field of environmental protection, local resource management, and green investment.”
Al Basti stressed that the concerned authorities in the emirate are cooperating within well-studied strategies and plans to reduce environmental and climate problems, and find alternative solutions that can contribute to reducing greenhouse gas emissions, reducing the negative effects of global warming, moving towards a green economy, and investing in areas related to the environment and climate. And clean energy, pointing to the vital and pioneering role of the Emirate of Dubai in this field at the global level, and its keenness to enhance international cooperation and open channels of communication with friendly cities interested in the climate issue, thus contributing to the development of an integrated international environmental system, aimed at consolidating the concepts of sustainability and achieving a secure future. and sustainable for all mankind.
The Secretary-General of the Executive Council of the Emirate of Dubai referred to Dubai’s efforts to transform into a sustainable and green economy through the production of clean energy that includes the various available clean and renewable energy sources and technologies; Including concentrated solar energy and photovoltaic panels, and the production of green hydrogen using solar energy, in addition to the stored water energy technology in the Hatta hydroelectric plant project using clean energy, and the efforts made to enhance the use of treated water for irrigation and cooling and to reduce the demand for energy and water in all sectors Emirate through building standards and extensive rehabilitation activities.
The mission of the Emirate of Dubai in leading the “green finance” file, along with the C40 Network of Leading Cities in Climate Change, comes in response to the requirements of the current environmental situation, the increasing climate challenges and the accompanying negative impacts on all of humanity, as Dubai seeks, based on its position as a member of the network, to find solutions Successful for various environmental and climate challenges, in cooperation with member cities, by studying existing practices, through interactive workshops that discuss the possibilities of financing climate action, and focus on many vital axes, most notably: reviewing the outputs of the Dubai Government working group’s analysis of the challenges and possibilities related to climate finance in cities, and a review Climate finance management models for a number of cities such as Oslo, Paris, Montreal and Tshwane as best practices, in addition to conducting a questionnaire to identify the priorities of the participating cities in the workshops regarding challenges in climate finance and the required support from the C40 network.
Building on the outcomes of the research that Dubai conducted with network cities on financing climate action, the Secretary-General of the Executive Council pointed out during a dialogue session held during the Glasgow Climate Summit, with a number of mayors of cities leading in climate action and officials from the European Bank for Reconstruction and Development, the need to provide Additional support for network cities specifically to enhance their capabilities to develop climate action programs and initiatives to meet the requirements of international bodies funding climate action, in addition to training local financial bodies to understand the climate file and the transformation it requires in investments in infrastructure and city activities.
He also referred to the existing challenge in financing adaptation to climate change, as the current financing represents 20% of the amount required to protect societies from the catastrophic effects expected to be caused by climate change all over the world, stressing that the other challenge besides financing adaptation, is the capacity of cities To access financing, as there are several factors that affect this, most notably the limited local skills and capabilities to structure projects in a way that meets the requirements for financing.
It is noteworthy that the city of Dubai joined in 2015 the membership of the C40 Cities Network, a leading global network that includes a group of cities committed to addressing climate change and protecting the planet. Founded in 2005, it includes 96 megacities that work to reduce greenhouse gas emissions by sharing knowledge and best practices among themselves.
Dubai has thus become among the elite group of the world’s cities that have obtained this membership, in appreciation of its advanced and influential role in protecting the environment, and in appreciation of its plans and programs in addressing challenges that would reduce greenhouse gas emissions that pose a threat to the climate in the world.