LONDON 4th September, 2023 – The oil and gas firm ran by the president of COP28 climate talks is set to spend more than $1 billion every month this decade on fossil fuels, despite its claims to be a leading green energy provider, Global Witness analysis has found.
The Abu Dhabi National Oil Company (ADNOC) announced in January this year that it was earmarking $15 billion for investment in “low-carbon solutions” by 2030. A week later its CEO Sultan al-Jaber was unveiled as COP28 president, a move that caused dismay among climate organisations and US and EU lawmakers.
Read more: globalwitness.org
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