WAM
The UAE and South Korea have joined forces to confront local weather change.
In a Joint Declaration on Climate Action, the 2 sides underscored that collective dedication shouldn’t be affected by geopolitical challenges, vitality and meals disaster, and the repercussions of the worldwide pandemic.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Yoon Suk Yeol have agreed to bolster actions to deal with the local weather disaster on the nationwide degree and collectively. In this regard, they recognised the pressing want to realize the 1.5℃ temperature aim of the Paris Agreement.
They affirmed that local weather change is likely one of the most essential challenges dealing with the world, because of its unfavourable repercussions on the financial, environmental, social and safety points.
This got here through the state go to of South Korean chief Yoon Suk Yeol to the UAE.
Here are a number of the highlights of the Joint Declaration on Climate Action:
- The leaders recognised the position of forests as a stabilising drive for the local weather as an efficient carbon sink and local weather change nature-based answer. They reaffirmed commitments to elevating ambition and implementation of worldwide declarations and pledges on forests together with the Glasgow Leaders’ Declaration on Forests and Land Use issued on the COP26 UN Climate Change Conference.
- To lay the inspiration for overarching local weather cooperation, the leaders agreed to pursue the conclusion of a bilateral [Framework Agreement on Climate Change Cooperation] within the first half of 2023. This framework will search to facilitate action-oriented cooperative endeavours in areas similar to greenhouse gasoline emission discount, capability enhancement on adaptation motion in addition to the scaling up and deployment of fresh and inexperienced applied sciences.
- Both leaders famous the significance of selling climate-friendly enterprise environments and investments in clear vitality applied sciences and initiatives. They additionally acknowledged the wide-ranging contributions by the personal sector for local weather mitigation and adaptation options to speed up the transition in direction of a low-carbon and climate-resilient economic system.
- They recognised the necessity to deepen collaboration within the vitality sector and to step up analysis and improvement in new applied sciences to develop vitality methods of the longer term. They additionally pledged to work collectively in catalysing structured progress in direction of a sustainable and reasonably priced vitality transition by way of expertise and challenge improvement and implementation, in each nations and globally.
- They additionally reached an settlement to right away set up a bilateral ROK-UAE Climate Dialogue to happen at common intervals with the intention of strengthening local weather cooperation and implementation of this Declaration.
