Mr. Sharif Salim Al Olama, Undersecretary for Energy and Petroleum Affairs at the UAE Ministry of Energy and Infrastructure, has affirmed the Emirates’ commitment to constructive collaboration with the international community to confront challenges facing the global energy sector.
Mr. Olama made this statement during the G20 Energy Transitions Ministerial Meeting in Bali under Indonesia’s first G20 Presidency. The theme of Indonesia’s G20 chairmanship is “Recover Together, Recover Stronger”.
”The UAE is also keen to continue its efforts to develop the energy sector, especially the clean energy, and invest in the future through a realistic vision that drives global prosperity,” commented Mr. Al Olama.
”We in the UAE are keen to maintain constructive cooperation and engagement with our international partners to obtain the proper energy mix in alignment with environment protection objectives and reduction of carbon dioxide emissions. The UAE is ready to share its experiences in the clean energy sector and work together with regional and international partners to entrench its position in the industry and get ready for the next 50 years as it considers this sector a vital enabler and driver for sustainable development and a major attraction for foreign investment.”
The Undersecretary further noted that the UAE is at the forefront in efforts of energy diversification and adoption of sustainability-driven technology to achieve climate neutrality as a key priority for the UAE government and the Emirates has launched many initiatives and projects to support this trend.
During the G20 Energy Transitions Ministerial Meeting, G20 Energy Ministers and major international energy organizations discussed key issues such as progress in implementation of the G20 Energy Transition Action Plan, the G20 Presidency Road Map, securing energy access, scaling up energy technologies, advancing energy financing and laying the path toward net-zero emissions (NZEs) or carbon neutrality, according to the statement.