The UAE’s Ambivalent Strategy: Between Oil Security And Green Transition

The United Arab Emirates (UAE) hosted in Abu Dhabi the 28th edition of the UN-sponsored Conference of the Parties (COP28), the largest global conference on climate change. The Emirates’ strategy is highly ambivalent, and mirrors a regional reality that is solidly tied to the oil trade but intends to repurpose itself as a global hub for new energy sources for the transition.