Investments Necessary To Ensure Food And Water Security - ADNOC's General Director


(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 10. It is necessary to invest in existing resources to ensure food and water security, the UAE Minister of industry and Advanced technology and Director General of Abu Dhabi National Oil Company (ADNOC) Sultan Ahmed Al Jaber said at a pre-conference meeting of the conference of the Parties to the United Nations Framework convention on Climate Change (Pre-COP29), Trend reports.

“International cooperation is crucial and indeed critical. Cooperation at every level is crucial. We need to share best practices, ensure Technology transfer, and encourage investment across sectors, with a special focus on the poorest,” he said.

The minister noted that the global community needs to invest in adaptation as wisely as it invests in mitigation. This means investing in new forms of energy and existing decarbonization technologies.

“This in turn means strengthening early warning and public health systems and increasing responsibility, transparency, and accountability in all our efforts. In essence, it means building new resilience to climate change while creating new pathways for low-carbon growth,” he highlighted.

According to him, the upcoming indices are not only crucial to keep the 1.5 level within reach, but also offer great opportunities for socio-economic development, in line with scientific evidence. And through increased and strengthened international cooperation, equity in climate progress can be achieved.

The preliminary meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), i.e., Pre-COP29, which precedes the climate summit itself, began its work in Baku.

Pre-COP29 in Baku takes place under the motto“Raising Ambition and Ensuring Action.”

The 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) will be held this November in Azerbaijan. The decision was made at the plenary meeting of COP28 held in Dubai on December 11 last year. Within two weeks, Baku will become the center of the world and will host about 70-80,000 foreign guests.

The UN Framework Convention on Climate Change is an agreement signed at the Earth Summit in Rio de Janeiro in June 1992 to prevent dangerous human interference in the climate system. The abbreviation COP (Conference of Parties) means“Conference of Parties” and is the highest legislative body overseeing the implementation of the Framework Convention on Climate Change.

A total of 198 countries are parties to the Convention. Unless otherwise decided by the parties, COP is held annually. The first COP event was held in March 1995 in Berlin, and its secretariat is located in Bonn.

MENAFN10102024000187011040ID1108765606


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.