COP28 Focuses on Protecting Health from Climate Risks

Participants walk next to COP28 flags in Expo City in Dubai (AFP)
Participants walk next to COP28 flags in Expo City in Dubai (AFP)
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COP28 Focuses on Protecting Health from Climate Risks

Participants walk next to COP28 flags in Expo City in Dubai (AFP)
Participants walk next to COP28 flags in Expo City in Dubai (AFP)

UN Climate Conference (COP28) focused on climate-related health issues, while discussions behind closed doors addressed vital other problems, such as the future of energy.

The UAE and several charities at the climate summit on Sunday offered $777 million in funding to eradicate neglected tropical diseases that are expected to worsen as temperatures rise.

COP28 President Sultan Ahmed al-Jaber said in a statement that climate-related factors "have become one of the greatest threats to human health in the 21st century."

The pledges made during the summit on Sunday, which focused on climate-related health risks, included $100 million from the UAE and another $100 million from the Bill & Melinda Gates Foundation.

Others to announce funds for climate-related health issues included Belgium, Germany, and the US Agency for International Development (USAID).

The World Bank launched a program to explore possible support measures for public health in developing countries where climate-related health risks are incredibly high.

The burden of tropical diseases will worsen as the world warms, along with other climate-driven health threats, including malnutrition, malaria, diarrhea, and heat stress.

More than 120 countries have signed a COP28 declaration acknowledging their responsibility to keep people safe amid global warming.

Climate change also increases the frequency of dangerous storms and more erratic rainfall.

In September, Storm Daniel killed more than 11,000 people in Libya, and last year's massive flooding in Pakistan fueled a 400 percent increase in malaria cases across the country, according to the World Health Organization (WHO).

Earlier on Sunday, Microsoft co-founder Bill Gates said scientists were working on new treatments for and prevention of mosquito-spread malaria as the rise in temperatures creates more hospitable habitat for the insects to breed.

"We have new tools at the lab level that decimate mosquito populations," said Gates, whose foundation supports public health research and projects for the developing world.

"These innovations give us a chance, at a reasonable cost, to make progress."

Former US Secretary of State Hillary Clinton spoke on Sunday, urging reform of the global insurance system as another key demand to keep people safe.

"Right now, insurance companies are pulling out of so many places; they're not insuring homes, they're not insuring businesses," Clinton said, addressing a panel on women and climate resiliency.

She continued, "People everywhere will be left out with no backup, no insurance for their business or home."

Meanwhile, Emirates News Agency (WAM) quoted a senior World Bank official saying that the bank had offered to host the Lost and Damage Fund.

Speaking to WAM, World Bank's Senior Managing Director (SMD) Axel van Trotsenburg said the agency will "work very closely with the United Nations Framework Convention on Climate Change (UNFCC) to create that fund."

Van Trotsenburg mentioned that countries face different challenges related to climate change.

"COP28 started with great announcements on the Loss and Damage Fund. It has been an extremely important decision and now needs to be set up."

He pointed out that small island countries with rising sea levels face different challenges than coastal regions. Therefore, solutions must be tailored to each country, but there is a global challenge.

"We need to be global. We need all countries to participate in this global challenge," van Trotsenburg noted, adding, "We need to ensure that we can keep the 1.5 degrees. So that means consequences for all of us."



Experts Say US Partnership to Boost Saudi Economy to $2.6 Trillion

Photo shows President Trump and the Saudi Crown Prince with companies signing investment deals at the Saudi-US Investment Forum (Asharq Al-Awsat)
Photo shows President Trump and the Saudi Crown Prince with companies signing investment deals at the Saudi-US Investment Forum (Asharq Al-Awsat)
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Experts Say US Partnership to Boost Saudi Economy to $2.6 Trillion

Photo shows President Trump and the Saudi Crown Prince with companies signing investment deals at the Saudi-US Investment Forum (Asharq Al-Awsat)
Photo shows President Trump and the Saudi Crown Prince with companies signing investment deals at the Saudi-US Investment Forum (Asharq Al-Awsat)

Saudi Arabia’s signing of a strategic economic partnership with the United States marks a major shift in the Kingdom’s economic trajectory and reinforces its ambitions to become a top-12 global economy with a GDP target of $2.6 trillion, economic experts said.

The agreement was signed on Tuesday at the Al-Yamamah Royal Palace in Riyadh in the presence of Crown Prince and Prime Minister Mohammed bin Salman and US President Donald Trump. A series of deals and memoranda of understanding were also inked during the ceremony.

Mohammed Duliem AlQahtany, an economics professor at King Faisal University, told Asharq Al-Awsat the agreement represents a long-term strategic move that will reshape bilateral ties. “This partnership ushers in a new phase of comprehensive cooperation,” he said, citing its focus on security, energy, space, environment, health, and scientific research. “It’s a multi-dimensional framework that positions Saudi Arabia as a credible and capable global partner for the United States.”

AlQahtany added that the agreements support the Kingdom’s drive to diversify its economy away from oil and toward innovation and technology. The move is central to Riyadh’s plans to localize key industries, boost non-oil exports, reduce imports, and strengthen the trade balance.

He said the initiatives are also aligned with Saudi Arabia’s vision of becoming a major logistics hub connecting key global economies and continents.

Newly signed Saudi-US agreements in energy, defense, and mining are expected to accelerate the Kingdom’s transformation into a global industrial and technological power while bolstering environmental protection and national security, the Saudi economist said.

AlQahtany also said the energy sector deals will enhance efficiency and environmental sustainability by deploying advanced technologies for carbon capture and emissions reduction, a major challenge in the global energy transition.

He added that agreements in the mining sector could position Saudi Arabia as a key global player in an industry he described as “the future of industrial development.” The deals aim to localize supply chains, foster innovation, and help Saudi mining companies scale up to compete internationally in the coming years.

On the defense front, Al-Qahtani said the agreements would modernize the Kingdom’s defense systems through advanced US technologies, strengthening regional deterrence and deepening the Saudi-American alliance.

Additional agreements focus on emerging technologies such as artificial intelligence, space exploration, and advanced scientific research, he noted. They also aim to build human capital, improve customs data exchange, and promote collaborative medical research.

AlQahtany said the broader partnership also seeks to showcase Saudi Arabia’s cultural heritage, particularly the historical treasures of AlUla, on the global stage, while promoting biodiversity and environmental protection across the Kingdom.

The recently signed Saudi-US agreements represent a comprehensive model of strategic partnership that spans security, economy, technology, and culture, reflecting a shared vision to deepen cooperation in areas central to Saudi Arabia’s Vision 2030, a senior executive said.

Mohamed Omar, CEO of G.WORLD, told Asharq Al-Awsat that the Trump administration is actively forging new alliances in the region to advance its strategic goals, with Saudi Arabia playing a pivotal role due to its economic strength and growing regional and global influence.

“These agreements go far beyond traditional security and energy ties,” Omar said. “They encompass diverse sectors including conventional and renewable energy, defense, space, health, culture, mining, industry, trade, and transport, forming the foundation of a knowledge-based, diversified economy.”

He noted that the energy deals will enhance sectoral security and support the green transition, while cooperation with NASA and American research institutions will facilitate technology transfer and innovation, boosting local capabilities.

Omar said the defense agreements aim to modernize Saudi Arabia’s military systems and expand domestic manufacturing, reinforcing the Kingdom’s local defense industry.

He also highlighted efforts to develop the tourism and heritage sectors, particularly through AlUla projects, as part of a broader push to establish Saudi Arabia as a global cultural destination.

“These agreements will attract foreign investment in critical sectors such as mining, space, and clean energy, all of which are vital for income diversification,” he said. “They will also create job opportunities in high-tech, military, and research fields, while helping to develop national talent.”

Omar described the partnership as a “transformational leap” in Saudi-US relations - one that moves beyond traditional models to embrace a forward-looking, innovation-driven alliance that strengthens Saudi Arabia’s status as a regional economic and scientific powerhouse.