COP28 Will Provide Path Toward Post-Oil Vision

Yet his contention that an oil-producing nation has conflicting interests when hosting a UN climate summit, in relation to the UAE’s stewardship of the COP28 climate summit, caused me to pause.

As a seasoned diplomat from Bangladesh — a country grappling immensely with climate-induced adversities — I appreciated the Pope’s intervention. It could not come at a more crucial time, and it must be acted on. But my concern is that excluding oil producing nations from climate negotiations overlooks the crucial challenges facing developing countries like my own.

The West, with its long history of carbon excesses in the march towards industrialisation, finds it all too convenient to point fingers at countries like the UAE. It’s a tad ironic given that many developing countries now face a paradox: the urgency to develop, but with a diminishing carbon budget.

Of the world’s 98 oil-producing nations, as many as half are navigating the choppy waters of development. The idea that they should forever be sidelined from hosting a COP summit will surely not help us tackle climate change effectively.

The Pope did, however, rightly take aim at the deeper responsibility of richer nations. Indeed, the West has long lagged in fulfilling its ambitious $100 billion climate finance pledges, further isolating these developing nations from pivotal climate dialogues.

Yes, as the Pope urged, we urgently need to distance ourselves from fossil fuels. As a representative of Bangladesh, the seventh most climate-threatened nation, I grasp this all too well. However, it’s not that simple. We rely on fossil fuels for 98% of our energy needs. A hasty shift, without a robust green energy infrastructure, could wreak economic havoc.

For decades, a prevailing Western narrative has erroneously set environmental urgency against developmental needs. But the UAE’s role in COP28 illustrates a keen understanding of hard economic and scientific realities, often overlooked by Western environmental advocacy.

Forecasts suggest a daunting 20% energy deficit by 2030, even if global renewable energy capacity triples, as championed by the COP28 leadership and endorsed by the International Energy Agency. It’s becoming increasingly evident that fossil fuels, albeit temporarily, will be part of the bridge to a sustainable future. Which means we have to do all we can to capture as much emissions as possible.

This makes the case for inclusive climate dialogues even more potent. The journey to a sustainable energy ecosystem must be collective, engaging all, especially fossil fuel producers.

Seven years ago, the UAE, a pioneering oil producer, embraced a post-oil vision. Its state-owned oil firm, Adnoc, transitioned to a 100% clean energy mix, leveraging nuclear and solar. Their ambitious plan to sequester 10 million tonnes of CO2 by 2030 juxtaposes sharply against the EU’s far smaller carbon capture ambitions.

And while investments in oil and gas expansion have raised eyebrows, the UAE’s global renewable initiatives, valued at a whopping $300 billion by 2030, underscores their commitment to a greener future.

COP28, under Dr Sultan Al Jaber’s leadership, is also venturing where no summit has – overhauling an outdated global financial system, aiming to unlock trillions in low-cost finance for developing nations.

Regrettably, the West’s pledges at the latest climate finance conference in Bonn fell short yet again. In contrast, COP28’s initiative to convene experts to overcome these financial hurdles marks a pivotal shift.

The upcoming UN summit is poised at a historical juncture. It is a last chance for the global community to unify around targets we’ve never contemplated before at any previous COP: tripling renewable energy, eliminating fossil fuels where carbon is not captured, and direct climate financing to those at the frontline of climate threats. The stakes have never been higher. That’s why the world must urgently heed the Pope’s call to collective action – including at COP28.

The authors:

Ashfaq Zaman is a Strategic Communications Advisor for “Aspire2Innovate’ programme incubated from Prime Ministers office sitting under the Cabinet & ICT division with technical support from UNDP. He works for public sector innovation within the whole of government to ensure inclusive innovation with the global agenda of #Zerodigitaldivide. Additionally, he is acting as the Coordinator for MoFA-a2i innovation lab from the ministry of Foreign Affairs. He is Vice Chairman of CNI News, Bangladesh’s biggest digital news platform, and a Country Director of Charity Right, an NGO which oversees thousands of meals delivered every month to the underprivileged. He was former advisor to Her Majesty The Queen’s Young Leaders Program.

Anir Chowdhury is the Policy Advisor of a2i, the Bangladesh government’s flagship digital transformation program, jointly implemented by the ICT Ministry and Cabinet Office with technical support from UNDP. 
In this capacity, he leads the formation of a whole-of-society innovation ecosystem in Bangladesh through massive technology deployment, extensive capacity development, integrated policy formulation, whole-of-government institutional reform and an Innovation Fund. His work on innovation in public services has developed interesting and replicable models of service delivery decentralization, public-private partnerships and transformation of a traditional bureaucracy into a forward-looking, citizen-centric service provider. He is a regular speaker in international conferences on public service innovation and reform, digital financial inclusion, civil registration and digital identity management, data-driven policy making, SDGs, youth and community empowerment, educational transformation, public-private partnerships and South-South Cooperation. 
Anir is a member of the Prime Minister’s Digital Bangladesh Task Force, Education Minister’s National ICT in Education Task Force, Planning Minister’s National Information Management Committee, and Cabinet Secretary’s National Steering Committee on Civil Registry and Vital Statistics (CRVS). He co-founded several software and service companies in the US and Bangladesh focused on enterprise management and IT strategy for Fortune 500 corporations. He also co-founded a number of non-profit organizations focused on ICT4D, e-learning and open source technologies. Anir graduated magna cum laude in Computer Science and Applied Mathematics from Brown University and did post-graduate work on management, marketing and education reform in Harvard, Columbia and Boston Universities.

Source
Eureporter.co
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