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Energy Revolution: COP28 President’s call to action at ADIPEC 2023

Dr. Sultan Ahmed Al Jaber, COP28 President-Designate and UAE Minister of Industry and Advanced Technology, delivered a keynote address during the ADIPEC 2023 Opening Ceremony, stating that the energy industry “can and must help drive the solutions.”

Addressing the need to accelerate the energy transition, Dr. Sultan Ahmed Al Jaber said, “Today at ADIPEC from Abu Dhabi, I say with full confidence: This industry can and must help drive the solutions. For too long, this industry has been viewed as part of the problem, that it’s not doing enough, and in some cases even blocking progress. This is your opportunity to show the world that, in fact, you are central to the solution.”

The ADIPEC Opening Ceremony also included pledges from leading global CEOs across the energy industry, reaffirming their commitment to concrete actions that will enable decarbonization and the energy transition. With 10 CEOs featured from across the world, the video showed the industry’s unified approach to driving investment and partnerships to accelerate the global energy transition and stimulate innovation.

Commenting on this commitment, Amin H. Nasser, President and Chief Executive Officer of Aramco, said: “At Aramco, we believe that energy security and sustainability can co-exist. We remain committed to helping supply the world’s growing energy needs as we also expand our efforts to develop lower-carbon solutions that will provide future generations with cleaner and more sustainable energy.”

The ADIPEC Opening Ceremony included a ministerial panel on the subject of ‘Fast Tracking the Energy Transition,’ which brought together H.E. Suhail Mohammed Faraj Al Mazroui, UAE Minister of Energy and Infrastructure; H.E. Haitham Al Ghais, Secretary-General of OPEC; H.E. Dr. Alparslan Bayraktar, Minister of Energy and Natural Resources, Türkiye; and H.E. Sebastian-Ioan Burduja, Minister of Energy, Romania, to discuss how to accelerate the energy transition.

The panel explored how innovative policies and inclusive practices are the key to meeting increasing energy demands and achieving net-zero emissions. The panel also agreed on the important role that governments must play in driving both collaboration and investment. Ministers remarked on the importance of facilitating a just low-carbon future, simultaneously reducing emissions and driving economic growth.

Source
Oilandgasmiddleeast.com

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