On Monday, Dr. Saad Al-Barrak, the Deputy Prime Minister, Minister of Oil, Minister of State for Economic Affairs and Investment, and Chairman of the Board of Directors of the Kuwait Petroleum Corporation, affirmed Kuwait’s steadfast position against the inclusion of measures to reduce or abandon the use of fossil fuels in the final agreement draft of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), held in Dubai.
Minister Al-Barrak conveyed this stance in a statement provided to the Kuwait News Agency (KUNA) during his participation in the 12th Arab Energy Conference in Doha, Qatar.
The conference, themed “Energy and Arab Cooperation,” spanned two days and aimed to discuss the importance of collaboration among Arab nations in the energy sector, addressing shared responsibilities and challenges faced by producing and exporting countries.
Highlighting the potential adverse global impact, Minister Al-Barrak emphasized that abandoning fossil fuels could have negative repercussions on the global economy, causing disruptions in the energy sector, impeding development stability, and hindering the necessary support for developing nations.
He underscored Kuwait’s unwavering commitment to working towards emission reduction, environmental preservation, and the need to address emissions through technological advancements and international oversight.
The COP28 conference, initiated on November 30 in Expo City, Dubai, witnessed extensive participation from Kuwait and the international community. Serving as a significant global platform, the conference aims to unite efforts in climate action, identify cooperation opportunities, and seek solutions to climate challenges.
The event, concluding tomorrow, brings together state parties to the United Nations Framework Convention on Climate Change, along with numerous experts, journalists, climate activists, local community representatives, and delegates from companies and non-governmental organizations.