COP28 President-designate Says Paris Agreement Goal of 1.5°C Is ‘Non-negotiable'

Al Jaber speaking at the World Sustainable Development Summit in New Delhi. (WAM)
Al Jaber speaking at the World Sustainable Development Summit in New Delhi. (WAM)
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COP28 President-designate Says Paris Agreement Goal of 1.5°C Is ‘Non-negotiable'

Al Jaber speaking at the World Sustainable Development Summit in New Delhi. (WAM)
Al Jaber speaking at the World Sustainable Development Summit in New Delhi. (WAM)

Dr. Sultan Al Jaber, COP28 UAE President-Designate, emphasized the need to mobilize resources and partnerships toward a bold and transformative approach to climate action.

His remarks came during the World Sustainable Development Summit hosted by The Energy and Resources Institute (TERI) in New Delhi.

Al Jaber reaffirmed the UAE’s unwavering commitment to the Paris Agreement goal of limiting global temperature rise to 1.5 degrees Celsius but stressed that progress was far from what was needed.

“Let me make one thing absolutely clear: the goal of keeping 1.5 alive is non-negotiable. It is also clear that business as usual won’t get us there. We need a paradigm shift in our approach to mitigation, adaptation, finance, and loss and damage.”

Acknowledging the need to support those impacted by climate change, he also pointed to the need to boost support for adaptation, and to embrace nature-based solutions.

“On adaptation, COP28 must conclude the Global Goal on Adaptation, and finalize agreement around doubling adaptation finance. TERI has been at the forefront of pushing for this goal, which will help protect vulnerable communities across the Global South. Adaptation also means preserving ALL life on earth, protecting biodiversity, natural ecosystems, and endangered species. As a nation, and as the COP28 Presidency, we share India’s firm belief that safeguarding and respecting nature is a fundamental obligation. The UAE has always embedded environmental protection, respect for nature, and climate action into our development strategy,” state news agency WAM cited Al Jaber as saying.

The COP28 President-Designate emphasised that the step change in the climate progress needed cannot happen without accessible and affordable capital, noting that trillions, not billions, are required.

“A key enabler will be the reform of the International Financial Institutions and Multilateral Development Banks. We must mobilise much more concessional finance to unlock more private sector capital and target investments where they are needed most. As such, scaling and accelerating climate finance will be one of the key goals of the COP28 Presidency, and we will rally all relevant parties in an effort to get it done.”

Dr. Al Jaber expressed that progressive climate action represents an immense opportunity for the world: “An opportunity to create millions of jobs and invent new sectors, businesses, and industries. In fact, it will create the greatest leap in human development and prosperity since the first industrial revolution.”

“Let’s ensure that progress is truly inclusive… that no-one is left behind. Let’s keep 1.5 alive, while putting an end to energy and water poverty. Let’s unite around climate action that carries humanity forward. And let’s prove that you can be pro-climate and pro-growth at the same time.

“In the months to come, myself and the COP28 team, will continue to listen, consult, and engage with everyone. Everyone from civil society, Indigenous peoples, the private sector, governments, women, and youth," he added.

“Let’s unite everyone around a COP of action and a COP for all. Let’s remember that the world makes progress through partnership, not polarization."

“And let’s follow TERI’s motto: ‘the best way to predict the future is to create it.’ So, let’s get to work and create a sustainable future together.”



US Coast Guard Says Hurricane May Shut Oil Ports

 Vehicles are carried by ferry across Aransas Pass as Hurricane Beryl moves closer to the Texas coast, Saturday, July 6, 2024, in Port Aransas, Texas. (AP)
Vehicles are carried by ferry across Aransas Pass as Hurricane Beryl moves closer to the Texas coast, Saturday, July 6, 2024, in Port Aransas, Texas. (AP)
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US Coast Guard Says Hurricane May Shut Oil Ports

 Vehicles are carried by ferry across Aransas Pass as Hurricane Beryl moves closer to the Texas coast, Saturday, July 6, 2024, in Port Aransas, Texas. (AP)
Vehicles are carried by ferry across Aransas Pass as Hurricane Beryl moves closer to the Texas coast, Saturday, July 6, 2024, in Port Aransas, Texas. (AP)

The US Coast Guard warned of possible Texas port closures from Corpus Christi to Houston and began restricting vessel traffic because of Tropical Storm Beryl, which is expected to become a hurricane before making landfall by Monday morning at Port Lavaca.

Port closures could bring to a temporary halt shipments of crude oil to refineries and motor fuels from those plants.

Port condition "Yankee" was set by the Coast Guard captain of the port of Corpus Christi on Saturday afternoon, restricting vessel movement in ports from Matagorda Bay, 101 miles (163 km) southwest of Houston, to the US-Mexico border.

Citgo Petroleum Corp was cutting production at its 165,000 barrel-per-day Corpus Christi, Texas, refinery on Saturday ahead of the approach of Beryl to the Texas coast.

Citgo plans to keep the Corpus Christi refinery running at minimum production as the storm moves up the coast toward a projected landfall at Port Lavaca, a pipeline hub.

Oil producer Shell Plc completed the evacuation of workers from its Perdido production platform in the US-regulated Gulf of Mexico ahead of the approach of the storm, the company said on Friday night.

Production on Perdido was shut prior to the evacuations. Shell said it also evacuated workers from the Whale platform, which is due to start production later this year.

Gibson Energy, which operates a large oil terminal in Corpus Christi, said operations were continuing, but it would take further steps depending on the forecast.

The storm was moving on Saturday with maximum sustained winds near 60 mph (95 kmh), the National Hurricane Center said.

The latest forecasts would put Corpus Christi on the dry side of the storm where the lowest winds and least rain could be expected. But Beryl could bring gale-force winds to the port, which is why the Coast Guard restricts traffic or shuts the port.

Most of the northern Gulf's offshore oil and gas production is east of Beryl's forecast track.

US Gulf of Mexico offshore production of about 1.8 million barrels per day accounts for about 14% of total US crude output, according to the US Energy Information Administration. Any impact on supplies could push up prices of US oil and offshore crude grades.

Oil major Chevron Corp, among the biggest US offshore producers, said on Friday that production from its operated assets remained normal. But it evacuated nonessential personnel from some of its Gulf of Mexico facilities.

Murphy Oil Corp said it has not shut in production or evacuated personnel, and continues to monitor the storm.