CUBC Launches its COP28 Committee with Canada’s Ambassador for Climate Change
The Canada-UAE Business Council (CUBC) kicked off its 2023 activities on Wednesday with a roundtable discussion to mark the launch of its COP28 Committee, with Catherine Stewart, Canada's Climate Change Ambassador, His Excellency Kris Panday, Ambassador of Canada to the United Arab Emirates and His Excellency Jean-Philippe Linteau, Consul General of Canada in Dubai and the Northern Emirates.
Hosted on the margins of Abu Dhabi Sustainability Week, the event featured opening remarks by Musabbeh Al Kaabi, Co-Chair of the Canada-UAE Business Council and Executive Director of Low Carbon Solutions and International Growth at ADNOC.
Ambassador Stewart, who spoke earlier that day at the inaugural edition of the Green Hydrogen Summit, provided an overview of Canada's Climate Plan, including its methane reduction strategy, carbon pricing scheme, and its 2030 Emissions Reduction Plan - a roadmap outlining a sector-focused path to reach an emissions reduction target of 40 percent below 2005 levels by 2030.
Ambassador Stewart spoke about the Power Past Coal Alliance initiative spearheaded by Canada and the United Kingdom to phase-out traditional coal-fired electricity by 2030, and the need to back climate commitments with funding.
During the discussion, member companies and attendees shared their respective organisational sustainability initiatives and priorities. Building on the efforts of CUBC's Energy and Clean Technology Working Group, the COP28 Committee will work on identifying and materialising relevant business opportunities supporting both nations' net-zero ambitions ahead of COP28.
