Just energy transition and the commercialisation of COP

COP climate conferences have evolved into annual events whose outcomes have major impacts on energy sector financing and development. COP26 in Glasgow brought an end to gas-related finance. Something of an energy industry jamboree at COP27 in Sharm el-Sheikh partly reversed that trend.

Key issues at Abu Dhabi’s COP28 will include resolving whether international financing commitments have been unlocked and whether Just Energy Transition can help the global south to counter climate change while simultaneously promoting development goals.

COP 28 image, istock

As COP28 opens in Dubai, Africa is left behind in global climate finance boom

Issue 496 - 01 December 2023

A series of increasingly high-profile and commercialised UN climate change summits has driven a global boom in climate finance, but Africa is being left behind as a result of poor infrastructure, weak governance and other issues. As discussions start at COP28 in Dubai, African Energy assesses the data and what...

UAE promises to deliver at a ‘different and unconventional’ COP

Issue 496 - 30 November 2023

It is going to be a challenging and busy COP for summit president Sultan Al-Jaber, but with an inaugural $420m capitalisation of the Loss and Damage Fund announced on the first day, the multi-tasking Emirati came out swinging against his critics. Al-Jaber’s role as chief executive of Abu Dhabi National...

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