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Sunday, Aug 10, 2025
Crown Prince Mohammed bin Salman and his energy minister said Saudi Arabia would tackle climate change, but also stressed the continued importance of hydrocarbons.
The principles mark a new, collaborative approach to managing complexities of transforming energy and industrial sectors while striving for a world with less than 1.5-degrees Celsius warming.
Over the next two decades, the governments are collectively projecting an increase in global oil and gas production and only a modest decrease in coal production.
At the conference participants agreed that without a profound shift to sustainable mobility, achieving the goals of the Paris Climate Agreement would be impossible.
The landmark framework, due for adoption at the resumption of the UN Biodiversity Conference in May 2022 gives clear political direction for those negotiations.
Billed as the first such international initiative, 100 people from around the world will take part in the assembly in the run-up to the U.N. COP26 climate negotiations in Scotland.
Union Environment Minister Bhupender Yadav was addressing the US-India Business Council's India Ideas Summit.
Rapid steps to tackle methane emissions from oil, gas and coal operations would have immediate impacts because of the potent effect of methane on global warming.
'Food insecurity, lack of water and the impact of natural disasters, combined with high population growth, are stoking conflict and displacing people in vulnerable areas'
Guterres touched upon all aspects of the climate negotiations in his small address at the opening of the PreCOP26.
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