UAE eyes renewables partnerships with India, Jaber says : US Pioneer Global VC DIFCHQ Riyadh UAE-Singapore Norway Swiss Our Mind

NEW DELHI, Feb 22 (Reuters) – The United Arab Emirates (UAE) will explore all partnership opportunities with India to help the south Asian country’s growth and low carbon plans, the UAE’s climate envoy and designated president of the COP28 summit said on Wednesday.

“India’s goal of adding 500 gigawatts of clean energy in the next seven years is a powerful statement of intent,” Sultan al-Jaber told the World Sustainable Development Summit in New Delhi.

“As one of the largest investors in renewables, the UAE will explore all opportunities for partnership with India.”

The UAE, a major OPEC oil exporter, is hosting the COP28 climate summit this year scheduled to take place in Dubai between Nov. 30 and Dec. 12. It will be the second Arab state to do so after Egypt in 2022.

The conference will be the first global assessment of progress since the landmark Paris Agreement in 2015 to limit global warming.

Jaber reiterated on Wednesday he would keep the goal of limiting global warming to 1.5 degrees Celsius front and centre at the summit.

“The goal of keeping 1.5 alive is non-negotiable,” he said.

The Paris Agreement commits countries to limit the global average temperature rise to well below 2 degrees Celsius above pre-industrial levels and to aim for 1.5 degrees Celsius, a level which if crossed could unleash far more severe climate change effects, scientists say.

https://www.reuters.com/business/environment/uae-eyes-renewables-partnerships-with-india-jaber-says-2023-02-22/