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COP28 President-Designate engages with EU ministers in Spain to advance energy transition pathways, clean energy, climate finance and Roadmap for COP28
- Dr. Sultan Al Jaber, COP28 President-Designate, met with EU energy and environment ministers in Spain to build momentum and foster cooperation for a successful and inclusive COP28.
- Dr. Al Jaber highlighted his invitation to Parties to unite behind the world’s first Global Renewables Pledge.
- Dr. Al Jaber emphasized the critical importance of an ambitious response to the Global Stocktake, highlighting the urgent need for a major course correction to reduce global emissions by 43% by 2030.
- In remarks to EU energy and environment ministers he repeated his call to triple global renewable energy capacity to 11,000 GW and to double hydrogen production to 180 million tons.
- “We cannot achieve a global transition without the support of Europe and the EU.”
- On actions to facilitate the expansion of renewables, Dr. Al Jaber called for “accelerating permitting for projects and related infrastructure, expanding power-grid connections, increasing investment in technologies like storage, and increasing energy efficiencies.”
- On fulfilling historic climate finance pledges, Dr. Al Jaber said, “I am encouraged to believe that donors will finally meet the $100 billion commitment this year and we also need to operationalize the Loss and Damage fund this year.”
- To finance the energy transition Dr. Al Jaber said, “We need to streamline and simplify access to climate finance and find new and scalable mechanisms to channel substantial private sector investment into the Global South.”
- “This will require major IFI and MDB reform to unlock concessional finance, lower risk and attract private finance at the scale and scope needed.”
- “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.”
MADRID, Spain, July 11, 2023 /PRNewswire/ — Dr. Sultan Al Jaber, COP28 President-Designate, met EU Energy and Environment Ministers, as Spain assumes the EU Council Presidency, to discuss the plans and objectives for the upcoming COP28 conference. The meetings aimed to build momentum and foster cooperation with the EU to drive action on climate finance and tripling global renewable energy capacity.
Dr. Al Jaber stated his goal as COP28 President-Designate is to ensure a just energy transition that makes finance accessible to all, particularly in the Global South, to address climate change and ensure food security, health, and sanitation for all.
The meeting was attended by His Excellency Ambassador Majid Al Suwaidi, Director General and Special Representative of COP28, and other prominent officials. Dr. Al Jaber emphasized the critical importance of a successful Global Stocktake, highlighting the urgent need for a major course correction to reduce global emissions by 43% by 2030 and accelerate the energy transition.
The COP28 delegation engaged with EU representatives and ministers, seeking support on important topics including the Global Stocktake, climate finance, international financial institution reform, renewables, and hydrogen.
The informal joint meeting of the European Energy and Environment Ministers was attended by Spanish Deputy Prime Minister and Minister for the Ecological Transition of Spain, Teresa Ribera, and Vice-President of the European Commission, Franz Timmermans. Dr. Al Jaber outlined his expectations for COP28, emphasizing its significance as the last opportunity to keep the 1.5-degree goal within reach.
Dr. Al Jaber addressed the gathering, stating, “We have seven years to make a 43 percent reduction in global carbon emissions in order to keep 1.5C within reach. At the same time, we will see a dramatic increase in energy demand as the global population rises. 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.”
To achieve the energy transition, Dr. Al Jaber stressed the need to triple global renewable energy sources in both domestic and international arenas and highlighted his invitation to Parties to unite behind the world’s first Global Renewables Pledge.
Dr Al Jaber reiterated the call to action he made at OPEC last week to oil and gas producing countries and companies to align around net zero methane emissions by 2030 and net zero by or before 2050.
He called on EU Member States to take the necessary steps to expand renewable capacity, such as “accelerating permitting for projects and related infrastructure, expanding power-grid connections, increasing investment in technologies like storage, and increasing energy efficiencies.”
On fulfilling historic climate finance pledges, Dr. Al Jaber said, “I am encouraged to believe that donors will finally meet the $100 billion commitment this year and we also need to operationalize the Loss and Damage fund this year.”
To finance the energy transition Dr. Al Jaber said, “We need to streamline and simplify access to climate finance and find new and scalable mechanisms to channel substantial private sector investment into the Global South. This will require major IFI and MDB reform to unlock concessional finance, lower risk and attract private finance at the scale and scope needed.”
Dr. Jaber concluded his remarks by saying, “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.”
Notes to Editors COP28 UAE:
- COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth, and non-state actors.
- As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
- The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a “leave no one behind” approach to inclusive climate action.”
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TIANJIN, China, Dec. 24, 2024 /PRNewswire/ — On December 7, 2024, AIMA Technology Group warmly invited a delegation of five top-performing U.S. IBD dealers to visit its headquarters. Accompanying the group was Angela Zheng, CEO of AIMA’s U.S. subsidiary, AIMA EBIKE, along with her sales, marketing, and customer service teams. This visit not only marked a deepened connection between AIMA and the mainstream U.S. market but also provided U.S. dealers with a valuable opportunity to witness AIMA Technology’s globally leading capabilities in research, development, and manufacturing of electric mobility solutions.
The delegation first toured AIMA’s state-of-the-art factory in Tianjin. Aima Technology possesses production factories with extremely high levels of intelligent manufacturing Additionally, AIMA has integrated advanced technologies such as AI visual recognition and established a CNAS-certified R&D laboratory, maintaining its industry leadership in intelligent transformation. During the tour, the dealers were deeply impressed by AIMA’s cutting-edge technology, large-scale production capabilities, and relentless pursuit of excellence in product development and manufacturing. They expressed that this rare visit not only enhanced their understanding of AIMA but also strengthened their confidence in promoting AIMA products as a symbol of outstanding performance and exceptional quality to their customers.
Furthermore, AIMA Technology’s R&D team engaged in in-depth discussions with the dealers regarding the new models AIMA EBIKE plans to launch in 2025. The dealers test-rode prototypes of the latest models and shared their innovative insights. They expressed high praise for AIMA’s product innovation capabilities and market acumen, recognizing these as key factors that distinguish AIMA in the industry.
Later, the dealers joined AIMA Technology’s team to witness the rollout of the 10,000th AIMA E-Bike. This milestone moment showcased AIMA’s exceptional manufacturing strength and market influence. The dealers were inspired and expressed strong confidence in the promising future of their partnership with AIMA.
This visit from the top-tier U.S. dealer delegation not only deepened mutual trust and friendship but also injected new momentum into AIMA’s ambition to become a leader in the U.S. E-Bike industry by focusing on the IBD channel. Looking ahead, AIMA Technology will continue to strive to provide market-leading performance and quality, enhancing its product development and manufacturing capabilities while working hand-in-hand with global dealers to create an even brighter future.
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View original content:https://www.prnewswire.co.uk/news-releases/aima-technology-welcomes-top-us-dealers-to-shape-the-future-together-302338745.html
HAMILTON, Bermuda, Dec. 19, 2024 /PRNewswire/ — FXGiants has recently launched a series of exciting bonuses. Participants on the FXGiants‘ online trading platform can now amplify their trading potential with a broad spectrum of bonuses that are tailored to fit different trading needs. These bonuses not only add extra value but also act as a safety net for traders to explore the financial markets without risking too much.
“Our goal with these deposit bonus options is to empower traders of all levels,” said Christopher Oates, the spokesperson for FXGiants. “Under this scheme, we have diverse categories, including Bonus Maximiser, Booster Bonus, and the Bonus Advantage. These bonuses are designed to provide flexibility to clients as they trade on the FXGiants online trading platform.”
Exploring the FXGiants Bonus Options
The bonus options at FXGiants come with versatile advantages. The Bonus Maximiser provides a full 100% boost on all deposits without limit, whereas the Booster Bonus offers a 40% bonus on all deposits up to $4,000 for traders who want to moderately enhance their capital. On the other hand, the Bonus Advantage provides a 60% bonus on deposits up to $5,000, giving traders a better handle on risk. These bonuses enhance the trading experience on the FXGiants online trading platform.
“At FXGiants, we are committed to a trading environment that meets the evolving needs of our clients,” Oates added. “Our online trading platform is a robust ecosystem designed to support traders with advanced execution, extensive market insights, and continuous improvements. As we move forward, we will keep expanding our offerings to ensure that traders have access to the best resources and support.”
About FXGiants
FXGiants stands out as an international broker providing access to over 300 financial instruments across 6 asset classes. Traders can operate through the popular MetaTrader 4 platform, and benefit from exceptional trading conditions such as competitive spreads, flexible leverage, and fast execution. With deposit boosters, partnership programs, an educational blog, and account types tailored to both novice and experienced traders, FXGiants remains dedicated to delivering a one-stop trading solution.
Terms & Conditions apply. Bonus cannot be withdrawn.
All trading involves risk. It is possible to lose all your capital.
FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.
Website: https://www.fxgiants.com/
View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-online-trading-platform-launches-bonus-initiative-to-reward-traders-302338463.html
BEIJING, Dec. 23, 2024 /PRNewswire/ — Cheung Kong Graduate School of Business (CKGSB) successfully hosted the Western China MBA Professor Training Program in collaboration with the China National MBA Education Supervisory Committee and Shantou University School of Business on December 17 and 18, 2024. 58 professors from over 40 universities in China nationwide, mostly western China, attended this training.
Since 2007, CKGSB has been aspiring to address the pressing disparities in management education between eastern and western China with its MBA professor training program. As of 2024, the program has trained 372 professors from 155 universities across 22 provinces, 4 autonomous regions, 3 direct-administered municipality in China, indirectly impacting tens of thousands of MBA students.
This year, the training focused on social innovation and business for good, a topic many participating professors found lacking in their day-to-day teaching and research. Professor ZHU Rui (Juliet), CKGSB Professor of Marketing and Director of the ESG and Social Innovation Center, led the training. She introduced how CKGSB has been innovating with the integration of business for good in management education, and how our relevant practice-based course has already helped 2,800+ students integrate ESG into their businesses. Professor Zhu also hosted an interactive workshop with the training’s participants on how they may build this idea into their teaching.
Participants shared in their post-program survey that Professor Zhu’s teaching and her ESG Assessment map gave them a new perspective on how to balance profits and social responsibilities. Many also felt inspired on how to bridge the gap between research and practice.
Recognized in CKGSB’s 2022 and 2024 ESG and Social Innovation Reports and honored as a finalist for the 2021 China Social Impact Award by the United Nations and British Chamber of Commerce, this program exemplifies CKGSB’s impact in this critical area. Through partnerships with the government, NGOs, and business schools, this initiative has made significant progress in promoting quality education and reducing inequalities.
For more information on CKGSB’s ESG and social innovation efforts, visit our ESG and social innovation website.
About CKGSB
Established in Beijing in November 2002, CKGSB is China’s first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).
View original content:https://www.prnewswire.co.uk/news-releases/ckgsb-successfully-hosts-2024-mba-professor-training-program-for-western-china-302338458.html
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