The energy transition to Net Zero by 2050 is fully underway, and all eyes are currently on the Middle East. The recent culmination of ADIPEC – one of the world’s most influential gatherings for energy industry professionals – coupled with the imminent COP 28 event has placed the region firmly under the global spotlight, says Thomas Leurent, CEO of Akselos, in this guest contribution.
Notably, COP 28’s selection of its chair, His Excellency Dr. Sultan Ahmed Al-Jaber – the UAE’s Minister of Industry and the Abu Dhabi National Oil Company (ADNOC) CEO – has stirred a significant debate. Given the Middle East’s historic and deep-rooted ties to the oil and gas sector, this choice may seem paradoxical to many. However, the reality is that the Middle East, after delivering the benefit of cheap and abundant fossil fuels to the world, will play a critical role in the energy transition and should, therefore, sit at the proverbial climate table to help transition us to a greener future.
Navigating the climate crisis: MENA’s renewable energy revolution
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