May 31, 2022 4:01 PM
Barkindo said it had become clear that the world was not doing enough to reach the temperature goal of the Paris Agreement. “We need to continue to fight for energy security in a sustainable and just manner, apart from the climate change challenges.According to him, OPEC is concerned that impulsive decisions can lead to a disorderly energy transition, which will see energy-exporting developing countries lose out once more.
“This will have the additional effect of supporting oil market stability and in turn the world economy, which is still recovering from the pandemic.”