The UAE has reaffirmed its full support and co-operation in advancing the work of the International Renewable Energy Agency.
Irena is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international co-operation.
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and President-designate of the Cop28 UN Climate Change Conference, said the Emirates will continue to be Irena's closest partner and strongest advocate.
He was addressing the 13th session of the International Renewable Energy Agency Assembly in Abu Dhabi on behalf of Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation.
“Since its foundation, Irena has paved the way for the extraordinary growth in renewable energy capacity that we have seen worldwide. Irena has been at the forefront of this growth, guiding supportive policies and encouraging new technologies that have led to lowered costs.
"Last year, renewables accounted for 81 per cent of all new energy capacity. And the sector is now on course to expand more in the next five years, than over the last 20 years combined. With wind and solar now the most affordable new energy sources, the economic case has already been proven.
“Over the next seven years, we will need to more than triple renewable generating capacity worldwide. The world must move much faster than ever before. And Irena has a critical role to play in leading that global acceleration across all sectors, all regions and all communities.”
He added that Irena will need to adapt and innovate in order to meet the scale and pace of change. He gave the example of the Energy Transition Accelarator Financing Platform (ETAF), which was launched on the sidelines of Cop26, and referred to the $400 million of initial funding which is intended to help emerging economies.
Dr Al Jaber said the UAE is benefitting from being an early mover in renewable energy.
“Seventeen years ago, we launched a plan to explore its potential, and the benefits soon became clear," he said.
"We have built the world’s largest and lowest-cost solar arrays that are fundamental to our net zero development pathway.
The Emirates has invested $50 billion in renewable energy, on six continents, Dr Al Jaber said.
"Through these investments, we have seen that you can be pro-climate and pro-growth,” he said.
“Throughout this journey, Irena has been a supportive guide and continues to show the way. We aim to leverage Irena's partnership and support for the benefit of the world at Cop28. Working hand-in-hand with Irena, the UAE will champion innovation and ambition to transition global energy systems.
"We will propose transformative solutions that are based on science and fact, backed by policy, and endorsed by industry. In short, we will leave no stone unturned in the pursuit of inclusive climate progress.”
Dr Al Jaber offered an open invitation for partnership and collaboration to bring about tangible progress and to ensure that Cop28, which will take place in Dubai in November and December, delivers the required climate transformation.
The specs: Hyundai Ionic Hybrid
Price, base: Dh117,000 (estimate)
Engine: 1.6L four-cylinder, with 1.56kWh battery
Transmission: Six-speed automatic
Power: 105hp (engine), plus 43.5hp (battery)
Torque: 147Nm (engine), plus 170Nm (battery)
Fuel economy, combined: 3.4L / 100km
Killing of Qassem Suleimani
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Company%20Profile
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Killing of Qassem Suleimani
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
UAE currency: the story behind the money in your pockets
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Killing of Qassem Suleimani
THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
UAE currency: the story behind the money in your pockets
More coverage from the Future Forum
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BEACH SOCCER WORLD CUP
Group A
Paraguay
Japan
Switzerland
USA
Group B
Uruguay
Mexico
Italy
Tahiti
Group C
Belarus
UAE
Senegal
Russia
Group D
Brazil
Oman
Portugal
Nigeria
The Ashes
Results
First Test, Brisbane: Australia won by 10 wickets
Second Test, Adelaide: Australia won by 120 runs
Third Test, Perth: Australia won by an innings and 41 runs
Fourth Test: Melbourne: Drawn
Fifth Test: Australia won by an innings and 123 runs
UAE currency: the story behind the money in your pockets
RESULT
Valencia 3
Kevin Gameiro 21', 51'
Ferran Torres 67'
Atlanta 4
Josip Llicic 3' (P), 43' (P), 71', 82'
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
