COP27: Arab countries’ development undermined by climate change, leaders tell UN

Libyan President Mohamed Al-Menfi (Screenshot)
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Updated 08 November 2022
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COP27: Arab countries’ development undermined by climate change, leaders tell UN

RIYADH: Arab leaders warned of growing agricultural challenges caused by global warming as they urged for more support from richer nations during the UN’s Climate Change Conference.

Addressing heads of state and other delegates at the meeting in Sharm El-Sheikh, Egypt, Libyan President Mohamed Al-Menfi said scarce rainfall and reduced water resources over the past few years are causing severe droughts that are accelerating due to the soil becoming drier and the topsoil getting lost.

He added: “Climate change undermines the opportunities of development and investment and curbs economic growth, particularly in the developing countries that are agricultural-based, that is due to the difficulty to make up for the loss of natural resources.” 

Al-Menfi said the Presidential Council of Libya is aspiring to build a nation-state that opens up to the world and is committed to international instruments.

“Despite the political transition in Libya, we have not been idle, we have activated the National Committee for Climate Change and raised awareness about further engagement with the international community to mitigate the negative impact of climate change,” he added.

Similarly, the President of Somalia Hassan Sheikh Mohamud, said: “What is evident is that there is no equity and fairness in global climate, as the nations that produce greenhouse gas emissions pay the highest price twice.”

Speaking of the challenge facing his continetnt, he said that in 2022 over 800 million people — the majority from Africa — face food insecurity. 

With regards to Somalia, around 7 million cannot meet their basic food needs and require urgent humanitarian assistance, he explained. 

Mohammed Shtayyeh, Prime Minister of Palestine, reasserted the importance of international assistance from richer countries.

“Aid from rich countries, even if it is small, has a significant impact. The world’s poor are paying the price for emissions in rich countries.”

Shtayyeh said that emission reduction needs to be financed and the investment in clean energy needs many times the amount of funding now available.

“It seems the world is still far from achieving the goals set by the Paris Climate Conference because the change doesn't happen overnight as the signatories have not reduced emissions from their lands,” he said. 


Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

Updated 23 February 2026
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Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

JEDDAH: Saudi utility giant Acwa has signed key investment agreements with Turkiye’s Ministry of Energy and Natural Resources to develop up to 5 gigawatts of renewable energy capacity, starting with 2GW of solar power across two plants in Sivas and Taseli.

Under the investment agreement, Acwa will develop, finance, and construct, as well as commission and operate both facilities, according to a press release.

The program builds on the company’s first investment in Turkiye, the 927-megawatt Kirikkale Independent Power Plant, valued at $930 million, which offsets approximately 1.8 million tonnes of carbon dioxide annually, the statement added.

A separate power purchase agreement has been concluded with Elektrik Uretim Anonim Sirketi for the sale of electricity generated by each facility.

Turkiye aims to boost solar and wind capacity to 120GW by 2035, supported by around $80 billion in investment, while recent projects have already helped prevent 12.5 million tonnes of CO2 emissions and reduced reliance on imported natural gas.

Turkiye’s energy sector has undergone a rapid transformation in recent years, with renewable power emerging as a central pillar of its strategy.

Raad Al-Saady, vice chairman and managing director of ACWA, said: “The signing of the IA (implementation agreement) and PPA key terms marks a pivotal moment in Acwa’s partnership with Turkiye, reflecting the country’s strong potential as a clean energy leader and manufacturing powerhouse.”

He added: “Building on our long-standing presence, including the 927MW Kirikkale Power Plant commissioned in 2017, this step elevates our partnership to a new level,” Al-Saady said.

In its statement, Acwa said the 5GW renewable energy program will deliver electricity at fixed prices, enhancing predictability for grid planning and supporting long-term industrial investment.

By replacing imported fossil fuels with domestically generated clean energy, the initiative is expected to reduce Turkiye’s exposure to global energy market volatility, strengthening energy security and lowering long-term power costs.

The company added that the economic impact will extend beyond the anticipated investment of up to $5 billion in foreign direct investment, with thousands of jobs expected during the construction phase and hundreds of high-skilled roles created during operations.

The energy firm concluded that its existing progress in Turkiye reflects a strong appreciation for Turkish engineering, construction, and manufacturing capacity, adding that localization has been a strategic priority, and it has already achieved 100 percent local employment at its developments in the country.