AIRLINK 71.69 Decreased By ▼ -2.41 (-3.25%)
BOP 5.00 No Change ▼ 0.00 (0%)
CNERGY 4.39 Increased By ▲ 0.05 (1.15%)
DFML 28.55 Decreased By ▼ -0.99 (-3.35%)
DGKC 82.40 Decreased By ▼ -1.15 (-1.38%)
FCCL 21.95 Decreased By ▼ -0.48 (-2.14%)
FFBL 34.15 Decreased By ▼ -0.75 (-2.15%)
FFL 10.08 Increased By ▲ 0.21 (2.13%)
GGL 10.12 Increased By ▲ 0.12 (1.2%)
HBL 113.00 Increased By ▲ 1.00 (0.89%)
HUBC 140.50 Increased By ▲ 2.81 (2.04%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.38 Decreased By ▼ -0.02 (-0.45%)
KOSM 4.50 Decreased By ▼ -0.09 (-1.96%)
MLCF 38.01 Decreased By ▼ -0.54 (-1.4%)
OGDC 134.69 Decreased By ▼ -1.91 (-1.4%)
PAEL 26.62 Increased By ▲ 1.48 (5.89%)
PIAA 25.40 Decreased By ▼ -1.11 (-4.19%)
PIBTL 6.55 Decreased By ▼ -0.10 (-1.5%)
PPL 121.95 Decreased By ▼ -3.45 (-2.75%)
PRL 27.73 Decreased By ▼ -0.48 (-1.7%)
PTC 13.80 Decreased By ▼ -0.50 (-3.5%)
SEARL 54.89 Increased By ▲ 0.29 (0.53%)
SNGP 69.70 Decreased By ▼ -1.50 (-2.11%)
SSGC 10.40 Decreased By ▼ -0.10 (-0.95%)
TELE 8.50 Decreased By ▼ -0.02 (-0.23%)
TPLP 10.95 Increased By ▲ 0.01 (0.09%)
TRG 60.90 Increased By ▲ 0.20 (0.33%)
UNITY 25.22 Decreased By ▼ -0.11 (-0.43%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 7,638 Decreased By -26.7 (-0.35%)
BR30 24,972 Decreased By -54 (-0.22%)
KSE100 72,761 Decreased By -3 (-0%)
KSE30 23,625 Decreased By -150.3 (-0.63%)

ISLAMABAD: Pakistan, on Thursday, expressed its confidence that the UAE’s presidency of COP-28 offers immense potential for global progress in addressing the challenges posed by climate change.

Responding to media queries regarding the United Arab Emirates nomination of Sultan Ahmed Al Jaber as the president of this year’s UN climate conference, COP-28, Foreign Office spokesperson Mumtaz Zahra Baloch said that Pakistan believes that the United Arab Emirates presidency of COP-28 is an opportunity for meaningful progress and effective global action on key areas to mitigate and reverse the negative impacts of climate change.

Over the years, she added that the UAE has demonstrated a strong commitment to renewable energy sources, such as solar and wind power. Through initiatives such as the Masdar City project, the Abu Dhabi Clean Energy Strategy, the UAE net zero by 2050, and clean fossil fuels, the UAE has made substantial investments in leading global efforts for achieving the goal and targets of the UNFCCC and its Paris Agreement, she added.

She further said that the UAE has also manifested its commitment towards combating climate change by implementing several sustainable initiatives to mitigate climate change effects.

For instance, the Mohammed bin Rashid Al Maktoum Solar Park, one of the largest renewable energy projects globally, contributes to reducing carbon emissions, she stated, adding that the UAE has also invested in sustainable agriculture, water conservation, and waste management, demonstrating a comprehensive approach to addressing various aspects of the climate crisis.

Baloch added that the UAE’s strategic location also allows it to play a crucial role in addressing climate change by serving as a bridge between the global north and global south in fostering international cooperation, knowledge sharing, and innovation to find common solutions.

“Pakistan is confident that the UAE’s presidency of COP-28 offers immense potential for global progress in addressing the challenges posed by climate change.

With its commitment to renewable energy, strategic position, sustainability-driven initiatives, technological advancements, international collaboration, and knowledge sharing, the UAE can play a vital role in driving positive change and inspiring a sustainable future for all,” she said.

She added that Pakistan also has full trust that under the stewardship of Sultan Ahmed Al Jaber as President of COP-28, we will be able to drive the global agenda on climate change in a positive direction decisively in December 2023.

Copyright Business Recorder, 2023

Comments

Comments are closed.