• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
EnvironmentUAE
Asia

UAE’s COP28 president reportedly lobbied for fossil fuel interests at climate meetings

By
Laura Millan
Laura Millan
,
Maria Tadeo
Maria Tadeo
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Laura Millan
Laura Millan
,
Maria Tadeo
Maria Tadeo
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
November 28, 2023, 4:46 AM ET
COP28 president Sultan Al Jaber.
COP28 president Sultan Al Jaber.Bryan Bedder—Getty Images for Bloomberg Philanthropies
Add Fortune on Google for similar content.

COP28 president Sultan Al Jaber was willing to raise oil and gas commercial interests during climate meetings with foreign governments ahead of the United Nations summit starting in Dubai later this week, according to a cache of internal records leaked by a whistleblower and published by the British Broadcasting Corp. in collaboration with the Centre for Climate Reporting. 

Al Jaber’s presidency has been controversial because he remains chief executive officer of the Abu Dhabi National Oil Co., one of the world’s largest oil producers. Today’s report will offer vindication to critics who said his appointment was a conflict of interest.

The documents include over 150 pages of briefings for meetings held by Al Jaber between July and October. Oil and gas commercial interests appear as talking points in these documents, with the reporting showing on at least one occasion a nation followed up on discussions brought up during a meeting with Al Jaber. The documents also included briefings points related to Masdar, the renewable energy company Al Jaber chairs.

‘The documents referred to in the BBC article are inaccurate and were not used by COP28 in meetings,” a spokesperson for the COP28 presidency said.  “It is extremely disappointing to see the BBC use unverified documents in their reporting.”

Over 70,000 people are expected to attend COP28 in Dubai, which starts on Nov. 30 and is scheduled to end on Dec. 12. The largest-ever climate meeting will happen on what’s likely to end up as the hottest year on record and as extreme weather events made worse by greenhouse gas emissions warming the planet wreak havoc on every continent. At the same time, a diplomatic agreement between nations to prevent environmental catastrophe will be harder as countries cope with rapid inflation and instability, including the wars in Ukraine and Gaza. 

When asked about the BBC report, the European Union’s climate commissioner Wopke Hoekstra said that countries in the Middle East like the UAE can “no longer hide behind the logic of the past” and need to make sure that fossil fuels are phased out.

“There is no way we can hide or we can slow down our ambition,’’ Hoekstra told Bloomberg TV on Monday. “The focus should be on the climate action, full stop,” he added.

The report describes Al-Jaber apparently planning to lobby Brazil’s Minister of the Environment and Climate Change Marina Silva to help push through Adnoc’s bid for Brazilian petrochemical company Braskem. Silva is an environmentalist and a former candidate for the Green Party in past elections in Brazil. 

“The climate summit leader should be focused on advancing climate solutions impartially, not backroom deals that are fueling the crisis,” Kaisa Kosonen, policy coordinator at Greenpeace International said in an emailed statement. “This is exactly the kind of conflict of interest we feared when the CEO of an oil company was appointed to the role.”

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Laura Millan
See full bioRight Arrow Button Icon
By Maria Tadeo
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Environment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Environment

mn
Cybersecuritycyber
Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it
By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026
18 hours ago
danube
Environmentclimate change
The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water
By Justin Spike and The Associated PressJuly 31, 2026
18 hours ago
s
Environmentwildfires
Climate change made Spain’s wildfires 20 times more likely, study finds
By Seth Borenstein and The Associated PressJuly 31, 2026
19 hours ago
Photo of two polar bears
Environmentclimate change
Polar bears roll in beds of ice cubes at Prague Zoo as Europe battles record heat
By The Associated PressJuly 30, 2026
2 days ago
Scientist on wildfires: ‘we have our foot on the gas pedal’ but ‘we’ve lost the brakes’
EnvironmentEnvironment
Scientist on wildfires: ‘we have our foot on the gas pedal’ but ‘we’ve lost the brakes’
By Seth Borenstein and The Associated PressJuly 29, 2026
3 days ago
fire
Environmentwildfires
It’s so hot in France that a wildfire created a never-before-seen lightning cloud that ignited even more fires
By Thomas Adamson and The Associated PressJuly 28, 2026
4 days ago

Most Popular

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
Retail
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
By Tatiana SatauaJuly 31, 2026
1 day ago
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
Personal Finance
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
By Nick LichtenbergJuly 31, 2026
1 day ago
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Big Tech
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
By Alexei OreskovicJuly 30, 2026
1 day ago
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
3 days ago
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
3 days ago
This Dutch bookseller thought a request for 3,000 copies was 'spam or phishing.' Instead, AI companies are scanning and destroying books to train AI
AI
This Dutch bookseller thought a request for 3,000 copies was 'spam or phishing.' Instead, AI companies are scanning and destroying books to train AI
By Tatiana SatauaJuly 31, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.