"Oil Giant's Staggering $1 Billion Monthly Investment in Fossil Fuels Exposed by Global Witness"

Abu Dhabi National Oil Company (ADNOC), led by the president of the COP28 climate conference, is projected to spend over $1 billion per month on fossil fuels this decade, according to analysis by Global Witness. This amount is nearly seven times higher than its commitment to decarbonization projects. ADNOC disputes the analysis, stating that the assumptions made are inaccurate. The findings come ahead of the COP28 climate summit, where global leaders will discuss progress in the fight against the climate crisis. Critics argue that the dual role of ADNOC's CEO as the president of COP28 raises concerns about conflicts of interest.