Masdar Chairman’s Energy Experience an “Advantage” for COP28, says Dutch climate envoy

HE Dr Sultan Ahmed Al Jaber’s experience across the energy sector and in government will put him at an “advantage” in leading climate negotiations at the UN Climate Change Conference (COP28) taking place in the UAE later this year, the Climate Envoy for the Netherlands told ADSW Talks.

As well as being the COP28 President-Delegate, Dr Al Jaber is the UAE Minister of Industry and Advanced Technology, Group CEO of Abu Dhabi National Oil Company (ADNOC), and Chairman of Masdar, the UAE’s flagship renewable energy company.

“What we need is to get the companies to invest way more of their portfolio into making a shift away from fossil fuels and into more diverse energy sources,” HRH Jamie de Bourbon de Parme said on the latest edition of ADSW Talks. “I think he (Dr Al Jaber) has a great role to play because he actually understands the whole market. He could bring the oil and gas companies on board to greater commitments, and I think that’s a great opportunity at this COP which we haven’t had before.”

As the Netherlands’ Climate Envoy, Prince Jaime’s role entails fostering international cooperation on climate action. He said the UAE is playing “a great role” by hosting COP28.

The ADSW Talks series hosts influential figures from across the sustainability sector to share their perspectives on the most pressing sustainability challenges facing the world and the collective willpower and solutions needed to build a more sustainable future for all.

The Netherlands and the UAE could join forces to develop the green hydrogen supply chain Dutch Climate Envoy, HRH told ADSW Talks. Collaborating on port development and hydrogen shipping could help to wean the Netherlands off hydrocarbons, he added. “There is great potential for green hydrogen production in the UAE and we have the need to import green hydrogen, to overcome our dependence on fossil fuels,” said Prince Jaime. “The whole supply chain of green hydrogen will have to be developed; port development, green energy development, hydrogen shipping, and all the way to the customers. The supply chain is what we can work with the UAE on.”

Prince Jaime added that the two countries could also work together in developing “sustainable aviation fuels and many other derivatives of hydrogen”.

As the Netherlands is a low-lying nation it has been “battling” water for centuries, said Prince Jaime. The country plans to expand its offshore wind capacity by 20 gigawatts to 70 gigawatts by 2050, he said. The father-of-two added that he hoped that humanity would start seeing nature as a “partner” rather than a commodity. “We need to let nature regenerate and give it space so that my children will have space to enjoy nature also,” he said.