World cannot 'unplug' existing energy system

Riyadh [Saudi Arabia], October 9: The president of the upcoming COP28 climate talks in Dubai called on Sunday for governments to abandon "fantasies" such as hastily ditching existing energy infrastructure in pursuit of climate goals. "We cannot unplug the energy system of today before we build the new system of tomorrow. It is simply not practical or possible," Sultan Al-Jaber said during the opening session of Middle East and North Africa (MENA) Climate Week, a UN-organized conference hosted in the Saudi capital Riyadh.
"We must separate facts from fiction, reality from fantasies, impact from ideology, and we must ensure that we avoid the traps of division and distraction." A week dedicated to climate change in the Middle East and North Africa (MENA) region is imperative given the magnitude of the matter, Kuwait's oil minister said on Sunday, hailing the initiative as beneficial towards regional climate change goals. The initiative comes ahead of COP28, DrSaad Al-Barrak, who doubles as Minister of State for Economic and Investment Affairs, told KUNA, saying the gathering allows participants a chance to "sort out their priorities" in the runup to the global event.
Much of international climate diplomacy revolves around the thorny issue of how and when to quit fossil fuels. At COP26 in Glasgow in 2021, countries agreed to phase down "unabated coal", the first time a fossil fuel was explicitly mentioned in a final text. But efforts since then to extend such a target to all fossil fuels have foundered, most recently at last month's G20 summit in India. Energy officials in the United Arab Emirates and other oil-producing countries - notably Saudi Arabia, the world's biggest oil exporter - have argued for continued investments in fossil fuels to ensure energy security even as they eye an eventual transition away from them.
The vast and fractured landscape of climate finance is the other major stumbling block in climate negotiations. Developing countries least responsible for climate change are seeking money from richer polluters to adapt to its increasingly destructive and expensive consequences. In 2009, rich countries pledged to supply $100 billion of climate finance every year to developing nations but failed to meet the 2020 deadline. There are hopes the goal will be met this year. "Old promises must be kept, including the $100 billion pledge made over a decade ago," Jaber said on Sunday.
Last year's COP27 talks in Sharm el-Sheikh, Egypt, ended with the first ever creation of a "loss and damage" fund into which countries would pay to support poorer nations suffering the most from more intense and frequent storms, floods and droughts. The fund's operation, governance, location, contributors, beneficiaries and a timeline for payouts are all up in the air ahead of COP28. "We must make the fund for loss and damage that was promised in Sharm el-Sheikh a reality in Dubai," Jaber said.
The talks in Riyadh are intended to "shine a spotlight on challenges and solutions in a region that is among the most vulnerable to the effects of climate change," organizers said in a press release on Sunday. The region must already grapple with high temperatures and water scarcity, with more than 60 percent of the population having "very little if any access to potable water", the statement said. "Increasing temperatures are predicted to lead to more persistent and acute drought," it added.
Jaber also highlighted challenges facing the region, referring to extreme events like hurricane-strength Storm Daniel, which last month caused two dams in eastern Libya to burst and flood the city of Derna. "Climate change isn't a threat waiting around the corner - the MENA region knows this from first-hand experience with fierce heatwaves and water shortages," said Inger Andersen, executive director of the UN Environment Program.
Simon Stiell, executive secretary of UN Climate Change, said the region was "at a crossroads, facing not only the devastating impacts of climate change but also the challenge of transitioning their economies to ensure prosperity in a 1.5C aligned world". The goal of limiting warming to 1.5 degrees Celsius above pre-industrial levels was set at the 2015 climate talks in Paris. - Agencies
Source: Kuwait Times