Breaking News :

HM The Sultan Visits Belgian Port of Antwerp

“Oman and Zanzibar Strengthen Bilateral Ties: Focus on Economic, Cultural, and Health Cooperation”

COMEX Global Technology Show 2024 Kicks off

HM The Sultan Arrives in Kuwait

Kuwaiti diplomat: Omani Sultan’s Kuwait visit indicative of strong ties

UAE President holds dinner banquet at Qasr Al Watan in honour of Sultan Haitham bin Tariq

UAE President receives Sultan of Oman upon arrival in UAE on state visit

Oman and UAE: Fraternal Bonds, Strategic Relations and Economic Partnership

OIA Announces Social Investment Policy, Launches “Qimam” Platform

POPS Supervisory Committee Holds First Meeting in 2024

Bank Muscat’s Sayyarati Auto Finance Option Comes with the Best Financing Facilities for Customers

“Ooredoo Oman Welcomes Khawla Al-Amiri as Chief People Officer, Reinforcing Commitment to Local Leadership Empowerment”

Bank Muscat Launches EAGLEs Programme: A Pioneering Leadership Engagement Across Branch Network

“Forging Tomorrow: A Global Imperative for Advanced AI Infrastructure”

“High-Paying Careers in Artificial Intelligence: Securing Your Future in the Evolving Job Market”

HM The Sultan Issues Two Royal Decrees

Unlocking New Horizons for Entrepreneurs: The Fourth Industrial Revolution

Royal Army of Oman Celebrates Passing Out of Officer Cadets, University Officers

HM The Sultan Offers Condolences on the Death of Kuwaiti Emir

HM The Sultan Gives Audience to Business People in India

HH Sayyid Theyazin Conveys HM The Sultan’s Greetings to Russian President

First Muscat Dialogue Sessions Begin

Oman and Switzerland Strengthen Bilateral Cooperation with Multiple Memoranda of Understanding

Empowering Coastal Women in Oman: “Mina” Project Unveiled

Information Minister Affirms Keenness to Strengthen Communication with International Media Institutions

“Oman’s Education and Innovation Drive: Sultan Haitham’s Vision”

UAE Space Agency launches National Space Academy to develop national cadres

HM The Sultan Presides over 8th Term Convening of Council of Oman

Selecting Topics Phase Launched of “Together we Make Progress” Forum

HM The Sultan Issues 2 Royal Decrees

Interior Minister visits Operations Chamber of Shura Council Elections

Omanis Cast Ballots for Shura Council’s 10th Term Membership

“Navigating Talent Challenges in Oman’s Telecom Sector”

“Bank Merger in Oman: A Human Resources Transformation Story”

Omantel’s 5G Excellence Recognized with “Samena Communications Award”

NHS scientist awarded £58,000 after being named ‘Paininarse’ on spreadsheet

‘Kill list’ | Mystery doc shows list of LinkedIn staff facing redundancy, days before HR announcement

HM The Sultan Receives Ambassadors’ Credentials

“Empowering Omani Women: A Message of Hope and Progress”

Mohammed bin Rashid opens GITEX GLOBAL

HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

“Dhi Yazan bin Haitham Al Said Inaugurates Duqm Economic Forum “

Omani Woman: Clear Vision & Remarkable Achievements

“Strategies for Cultivating a Healthy and Productive Work Environment”

“Essential Reading for HR Professionals: 17 HR Books You Can’t Miss in 2023”

“Future-Proofing Your Career: Essential Skills for Tomorrow’s Job Market”

MAWARED annual book

Transformational Leadership: Inspiring Change and Achieving Excellence

“al sulaam Program (Episode four) with Dr. Aamal al bussaidi .”

“al sullam Program (Episode Two) with Dr. Ahmed Al-Ghusani.”

Nama Group and Omani Society for Human Resource Management (OSHRM) announce strategic partnership in Human Resources development

HM The Sultan Leaves Belgium

Bank Muscat Continues to Introduce Credit Cards Features to Customers

 His Majesty Sultan Haitham bin Tarik arrived in Brussels this evening, on a three-day state visit to the Kingdom of Belgium.

HRH the Crown Prince and Prime Minister meets with the Prime Minister of Mongolia

Future of wealth lies in human capital, shared prosperity: RAK Ruler

HH the Amir Visits Military Academy Sandhurst

Kuwait committed to supporting rights of people with disabilities

Saudi Arabia Initiates Second Phase of Aid to Assist Lebanese People

Launch of Experimental Scientific Rocket “Duqm-1” Postponed

Environment Authority Announces Pasture Resting Project in Dhofar Governorate

December 8, 2024

COP29 host defends fossil fuels

BAKU: 

The host of the UN climate summit in Azerbaijan on Tuesday defended fossil fuels and the right of countries to exploit them as dozens of world leaders arrived for the COP29 conference. Representative of HH the Amir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, HH the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, is also in attendance.

In the host’s opening address, President Ilham Aliyev said Azerbaijan had been subject to “slander and blackmail” for its use of fossil fuels and that no country should be judged for its natural resources. “Quote me that I said that this is a gift of the God, and I want to repeat it today here at this audience,” Aliyev told delegates. “Oil, gas, wind, sun, gold, silver, copper, all… are natural resources and countries should not be blamed for having them and should not be blamed for bringing these resources to the market, because the market needs them.”

“As a president of COP29 of course, we will be a strong advocate for green transition, and we are doing it. But at the same time, we must be realistic,” said Aliyev. He singled out the United States, the world’s largest historic carbon emitter, and the European Union for particular criticism. “Unfortunately, double standards, a habit to lecture other countries, and political hypocrisy became kind of modus operandi for some politicians, state-controlled NGOs and fake news media in some Western countries,” he said.

The United States is the world’s largest oil and gas producer. European countries, meanwhile, have some of the world’s strictest targets to cut emissions by 2030 – but have also raced to secure new gas supplies following Russia’s 2022 full-scale invasion of Ukraine.

More than 75 leaders are expected, but the heads of many top polluting nations are skipping the crunch climate talks, where the impact of Donald Trump’s election victory is being digested. Just a handful of leaders from G20 nations — which account for nearly 80 percent of the world’s planet-heating emissions — are expected over two days in Baku.

Joe Biden, Xi Jinping, Narendra Modi, Emmanuel Macron and Olaf Scholz are among G20 leaders missing the event, where uncertainty over future US climate action overshadows proceedings. UK Prime Minister Keir Starmer, one of the higher profile leaders attending, announced Britain would aim to cut its emissions 81 percent from 1990 levels by 2035. The updated climate goals are intended to show British “leadership on the climate challenge,” he said. Washington’s delegation meanwhile sought to reassure partners that US efforts on global

warming would not end under Trump, who has pledged to withdraw from the landmark Paris climate deal. US climate advisor Ali Zaidi said the country was now on a “secular and sustained trajectory on our emissions,” and Washington was “very focused on achieving a good result” at COP29.

The meeting’s top priority is landing a hard-fought deal to boost funding for climate action in developing countries. These nations — from low-lying islands to fractured states at war — are least responsible for climate change but most at risk from rising seas, extreme weather and economic shocks. Some are pushing for the existing pledge of $100 billion a year to be raised ten-fold at COP29 to cover the future cost of their nations shifting to clean energy and adapting to climate shocks.

Adonia Ayebare, the Ugandan chair of a bloc that groups over 100 mostly developing countries and China, said they had already rejected a draft deal on the table at Baku. “We cannot accept it and we asked them to produce a new text,” he told AFP. Nations have haggled over this for years, with disagreements over how much should be paid, and who should pay it.

Developing countries warn that without adequate finance, they will struggle to offer ambitious updates to their climate goals, which countries are required to submit by early next year.

Leaders from climate-vulnerable countries including the Maldives warned: “we need the finance COP to deliver.” “We see funds flowing freely to wage war, but scrutinized when it’s for climate adaption,” said Mohamed Muizzu, president of the archipelago.

The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich nations and top emitters, including China and the Gulf states, something firmly rejected by Beijing. UN Secretary General Antonio Guterres on Tuesday said developing nations “must not leave Baku empty-handed”. “A deal is a must,” he said.

UN climate chief Simon Stiell has tried to convince rich countries that climate finance is not charity, but a downpayment on a safer, wealthier planet. “The climate crisis is fast becoming an economy killer,” he warned. “Climate action is global inflation insurance.” He also sought to reassure the talks that recent “political events” would not derail global climate diplomacy. “Our process is strong. It’s robust, and it will endure.” – AFP

Read Previous

HM King attends dinner banquet hosted by HM King Charles III

Read Next

FTA holds workshop in RAK to shed light on Corporate Tax for Free Zone Persons

Most Popular