Africa: COP28 Presidency Calls for Global Effort to Leverage the Rise of AI, the Energy Transition and the Growth of the Global South to Accelerate Sustainable Development for AllCOP28 President Dr. Sultan Al Jaber today told delegates at the opening of the Baku Energy Week that all stakeholders need to leverage the rise of Artificial Intelligence , the energy transition and the growth of the Global South to accelerate climate-positive sustainable development for all.
“COP28 made history with the UAE Consensus- delivering the most comprehensive set of climate breakthroughs since the Paris Agreement,” Dr. Al Jaber said, “And, against a very difficult geopolitical backdrop, we proved that multilateralism is alive and well.” The COP Presidencies Troika, which was mandated in the UAE Consensus and unites COP28 with the Azerbaijan and Brazil COP Presidencies, will help drive ambitious collective climate action, he said.
“You have the power, the resources and the technology to make a massive positive impact in a short amount of time,” he told delegates. These solutions include ALTÉRRA, which was launched at COP28 with a US$30 billion commitment from the UAE, making it the world’s largest private investment vehicle for climate change action. It will play a critical role in driving at-scale climate investments to where they are most needed.
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