(Información remitida por la empresa firmante)
The COP Presidencies Troika (the Troika) was a key achievement of the COP28 Presidency and mandated in the UAE Consensus. The Troika was formally launched last week to unite COP28 with the COP Presidencies of Azerbaijan and Brazil and will enhance international cooperation to stimulate ambition in the next round of NDCs.»The Troika will, for the first time, bridge the gap between COPs. It will lock in continuity, maintain momentum, and help anchor implementation of the historic UAE Consensus. It will aim to turn the commitments made at COP28 into concrete results.» Dr. Al Jaber said.
During his visit to Paris, Dr. Al Jaber also attended the second plenary meeting of the UAE-France High-Level Business Council, where he reiterated the importance of moving to implementation of The UAE Consensus. The Council was established in January 2023 to enhance bilateral business between the UAE and France, with a specific focus on delivering impactful joint projects on climate action which harness the power and investment of the private sector.
The COP28 President emphasized the role of the Council and its members to drive economic, social and climate progress, highlighting a triple win for the climate, economies and the planet. «Platforms like the UAE-France High Level Business Council can help turn an unprecedented agreement into unprecedented action, by building on the strength of the economic ties between the UAE and France» Dr. Al Jaber said.
He concluded the event highlighting the role French companies in driving forward the energy transition, including TotalEnergies and Engie, highlight their existing efforts and calling on them to accelerate them to meet the ambitions set out in the UAE Consensus.
Notes to Editors COP28 UAE:
At the historic COP28, countries came together to deliver the UAE Consensus – the most ambitious and comprehensive set of negotiated outcomes to come out of the UNFCCC process since COP21.
The UAE Consensus includes an unprecedented reference to transitioning away from all fossil fuels in energy systems, in a just, orderly and equitable manner in this critical decade to enable the world to reach net zero emissions by 2050, in keeping with the science.
An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through The UAE Consensus. This can lead to real economy action for 2030 and help with the setting of interim targets that strengthen the NDCs in 2025 in the lead-up to COP30.
During COP28, over $85 billion in funding was mobilized for climate action and over 11 pledges and declaration were launching receiving historic support. To help mobilize further financing for global climate action, the UAE launched ALTÉRRA, a $30 billion private finance vehicle which seeks to catalyze over $250 billion in investments by 2030.
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