New ISO ESG Implementation Principles provide int’l guidance to streamline ESG practices
New ESG Implementation Principles launched the International Organization for Standardization (ISO) at the 29th United Nations ...
UK’s Shapps: UAE’s Al Dhafra, Shams breaking fresh records in solar technology
UK’s Secretary of State for Business, Energy and Industrial Strategy Grant Shapps said the UAE is still right at the cutting edge in generating low-cost solar power on a frankly stunning scale. Al Dhafra and Shams in Abu Dhabi are breaking fresh records in solar technology.
Shapps made the remarks in his speech to the Atlantic Council at its Global Energy Forum in Abu Dhabi.
“There’s one thing we can be sure of: energy matters now more than ever,” he underlined.
“Dependable supplies of fossil fuels, particularly natural gas, have a crucial role to play in easing the energy transition, which we just heard about in the discussion on stage,” he said.
But it is only by harnessing the power of transformative green technologies that we can build a global energy system that is fit for the future.
“Yesterday, I signed a Clean Energy Memorandum between the UK and the UAE to promote energy security and investment between our two nations,” he said.
“Agreements like this matter. Because when it comes to climate change, the whole world has a stake. And none of us should have to settle for less,” he said.
Shapps stressed “So working together really matters……to deliver a low-carbon future that isn’t just more secure and more prosperous……but a future that is fairer is a future I think that is worth fighting for.”
“Our International Climate Finance has already provided an astonishing 58 million people with improved access to clean energy since 2011,” he said.
“But we are delivering on our pledge to double it up to at least £11.6bn from 2021, reaching tens of millions more,” he said.
Because the Green Industrial Revolution must not leave anyone behind, he said.
That’s where Just Energy Transition Partnerships come in. They are mobilising billions to support the transition from coal power to clean growth in key economies like South Africa and Indonesia, he said.
“And, by investing in new green energy supplies, electric vehicles, and hydrogen, they are providing security and opportunity for communities across these countries, he added.
“I have to say it is fitting that we are here in the UAE, 2023’s COP28 President elect Sultan Al Jaber and his great leadership and speech this morning. Because it is here that we are seeing and building on the extraordinary progress that has been made since Glasgow, built on in Egypt, but this year we will have to see those real developments, in this stocktake COP taking place in November and December,” he said.
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