Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Cop28 President-designate, meets Spanish Environment Minister Teresa Ribera. Photo: Cop28 UAE / Twitter
Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Cop28 President-designate, meets Spanish Environment Minister Teresa Ribera. Photo: Cop28 UAE / Twitter
Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Cop28 President-designate, meets Spanish Environment Minister Teresa Ribera. Photo: Cop28 UAE / Twitter
Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Cop28 President-designate, meets Spanish Environment Minister Teresa Ribera. Photo: Cop28 UAE / Twitter

EU praises Dr Sultan Al Jaber's 'ambitious' plans for Cop28


Tim Stickings
  • English
  • Arabic

The EU’s climate chief has praised the UAE's coming presidency of the Cop28 summit, saying the country “wants to take us forward”, following a critical update on global progress in responding to climate change.

EU energy and environment ministers were joined on Tuesday for discussions in Spain by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and President-designate of Cop28.

Dr Al Jaber told ministers that they could “make history together” at Cop28.

“We cannot achieve a global transition without the support of Europe and the EU,” he said.

He added that he was encouraged that rich countries might finally meet a 2009 commitment this year to arrange $100 billion in climate funding for developing countries.

“The need for robust, sustainable growth ─ while dramatically reducing emissions ─ is the critical challenge of our century. A system-wide transformation of entire economies is required,” he said.

“No one has all the answers, and there is no one size fits all solution, but by working together, we can make history together. Cop28 must be a Cop of action and a Cop for all if we are to deliver the game-changing transformation that the world needs.”

The meeting on expectations for Cop28 comes less than five months before a summit that the Spanish EU presidency called “the last opportunity” to reach global climate goals.

Frans Timmermans, the European Commission member in charge of climate action, said EU ministers were “ready to listen” to Dr Al Jaber as they formulate their own demands for the summit.

Mr Timmermans said he was optimistic about Dr Al Jaber’s plans for the UAE-hosted meeting.

“[This] will be an essential Cop meeting where the world will take stock of what has been done and what still needs to be done,” the Dutch commissioner said.

“I think it’s no secret when I say that what’s been done is not enough. We need to do more.

“I know that he’s ambitious. I know that he wants to take us forward.

“I know that he’s also going to be very clear on reducing unabated fossil fuels which is an important element of getting us to net zero. I know that he also has clear ideas on adaptation, on finance, on loss and damage.”

Denmark’s Climate Ministry said it fully supported Dr Al Jaber’s “efforts to secure an ambitious outcome” at Cop28.

The EU’s 27 countries typically agree on a joint position for Cop summits before sending Mr Timmermans into negotiations.

The bloc is a major player in the talks as it accounts for about seven per cent of global carbon emissions. The commission has called for Europe to become the first climate-neutral continent by 2050.

Mr Timmermans said the EU had been “instrumental every time” in reaching deals at previous summits.

World awaits stocktake

A unique feature of Cop28 will be the completion of a first-ever “global stocktake” in which the world assesses its progress towards limiting global warming to 1.5°C.

Summit organisers told negotiators in Germany last month that the stocktake would “frame all of our work” at Cop28.

Dr Al Jaber discussed with Spain's Minister for the Ecological Transition, Teresa Ribera, how to “deliver an ambitious response” to the stocktake.

They also talked about “driving progress” on Cop28 priorities such as energy, finance, nature, food and the effects of climate change.

In a separate meeting on Tuesday, Dr Al Jaber discussed objectives for Cop28 with Spain's King Felipe VI.

Another focus in Dubai will be talks on a “loss and damage” fund that meets the costs of disasters linked to climate change.

The fund was agreed in principle at Cop27 in Egypt last year but questions remain as to who will pay and which countries will be eligible to draw from it.

Dr Al Jaber discussed loss and damage with Germany’s climate envoy Jennifer Morgan while in Spain according to the Cop28 presidency.

Germany has suggested a global target for renewable energy use to spur countries to move away from fossil fuels.

The proposal is being discussed as part of a possible “road map” for climate action that could emerge from the talks in Dubai.

Dr Al Jaber repeated calls in Spain to treble global renewable energy capacity and double hydrogen production.

The Cop28 talks begin at Dubai’s Expo City on November 30.

How Apple's credit card works

The Apple Card looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay services, marrying the physical card to a virtual one and integrating both with the iPhone. Its attributes include quick sign-up, elimination of most fees, strong security protections and cash back.

What does it cost?

Apple says there are no fees associated with the card. That means no late fee, no annual fee, no international fee and no over-the-limit fees. It also said it aims to have among the lowest interest rates in the industry. Users must have an iPhone to use the card, which comes at a cost. But they will earn cash back on their purchases — 3 per cent on Apple purchases, 2 per cent on those with the virtual card and 1 per cent with the physical card. Apple says it is the only card to provide those rewards in real time, so that cash earned can be used immediately.

What will the interest rate be?

The card doesn't come out until summer but Apple has said that as of March, the variable annual percentage rate on the card could be anywhere from 13.24 per cent to 24.24 per cent based on creditworthiness. That's in line with the rest of the market, according to analysts

What about security? 

The physical card has no numbers so purchases are made with the embedded chip and the digital version lives in your Apple Wallet on your phone, where it's protected by fingerprints or facial recognition. That means that even if someone steals your phone, they won't be able to use the card to buy things.

Is it easy to use?

Apple says users will be able to sign up for the card in the Wallet app on their iPhone and begin using it almost immediately. It also tracks spending on the phone in a more user-friendly format, eliminating some of the gibberish that fills a traditional credit card statement. Plus it includes some budgeting tools, such as tracking spending and providing estimates of how much interest could be charged on a purchase to help people make an informed decision. 

* Associated Press 

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

UAE currency: the story behind the money in your pockets
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Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

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Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills

Overall head-to-head

Federer 6-1 Cilic

Head-to-head at Wimbledon

Federer 1-0 Cilic

Grand Slams titles

Federer 18-1 Cilic

Best Wimbledon performance

Federer: Winner (2003, 2004, 2005, 2006, 2007, 2009, 2012)
Cilic: Final (2017*)

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Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

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ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

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The National in Davos

We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.

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Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

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MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

COMPANY PROFILE

Name: N2 Technology

Founded: 2018

Based: Dubai, UAE

Sector: Startups

Size: 14

Funding: $1.7m from HNIs

UAE currency: the story behind the money in your pockets
ESSENTIALS

The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

Profile of Foodics

Founders: Ahmad AlZaini and Mosab AlOthmani

Based: Riyadh

Sector: Software

Employees: 150

Amount raised: $8m through seed and Series A - Series B raise ongoing

Funders: Raed Advanced Investment Co, Al-Riyadh Al Walid Investment Co, 500 Falcons, SWM Investment, AlShoaibah SPV, Faith Capital, Technology Investments Co, Savour Holding, Future Resources, Derayah Custody Co.

Updated: July 11, 2023, 5:41 PM`