Today, Monday, Sheikh Mohammed bin Zayed, the president of the United Arab Emirates, declared: “We launched a strategic cooperation with the United States to spend $ 100 billion in the production of sustainable energy.”
The UAE would continue to put its attention on decreasing emissions in the oil and energy sector, Sheikh Mohammed bin Zayed said in his remarks at the COP27 conference’s opening at the leadership level.
“Our world faces significant problems, especially the changing climate that has become security and stability,” Sheikh Mohammed bin Zayed stated.
The COB 27 conference decided to talk about “losses and damage” compensation within the bounds of the formal conference’s programme.
The head of the Cop26, Alock Sharma, said that he hoped that the COP27 summit will resulted in providing additional financing to counter climate change, according to Sky News Arabia.
The Conference of Countries Parties to the Climate Change Agreement, or “COB 27,” began its work in Sharm El-Sheikh on Sunday.
This summit, the leaders of the year, and high -ranking officials at the United Nations, are attended by thousands of activists concerned with the environment from all countries of the world.
The climate conference, a yearly summit attended by 197 nations, reportedly takes place to talk about climate change and what these nations are doing to confront and address this issue.
The United Nations Framework Convention on Climate Change, a global agreement intended to reduce the adverse effects of human activities on the climate, is a component of the conference.
Sheikh Mohammed bin Zayed: A joint investment of $100 billion to develop sustainable energy in a strategic cooperation with the United States
About Author
