The Cambridge Energy Week, a high-end international energy conference, opened in Houston, the "capital of energy" of the United States on the 6th. Sudan Jaber, the president-designate of the twenty-eighth Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), stressed in his keynote speech that the international community needs to unite and take more action in addressing the energy dilemma and climate change. COP28 will be held in Dubai, United Arab Emirates, at the end of this year. The conference will take the first inventory of the progress made by countries in the world in achieving the goals of the Paris Agreement. Jaber said in the keynote speech of "Cambridge Energy Week" on the 6th that climate change is "a global challenge that requires all stakeholders to unite and adopt global solutions". He called for a united, actionable and inclusive United Nations Climate Change Conference to enable all people to "work in the same direction", so as to achieve the goal of net zero emissions at an early date. Jaber urged the oil and gas industry to "do more and faster" in addressing the climate challenge. He also called for "fundamental reform" of the international financial mechanism to promote more investment in clean technology to developing economies. Jaber said that the global investment in energy transformation will be about 1.4 trillion US dollars in 2022, but according to the data of the International Energy Agency, the investment required for global energy transformation "is more than three times of this number". At the same time, only 15% of clean technology investment flows to developing economies where about 80% of the world's population live. "That is why we need to seriously consider the fundamental reform of international financial institutions and multilateral banks in order to release preferential financing, reduce risks and attract more private investment... We must ensure that no one is left behind." "Cambridge Energy Week" is the annual global conference organized by S&P Global Corporation and one of the highest international conferences in the energy industry. This year's meeting will focus on how to address the dual challenges of energy security and energy transformation. The meeting will end on the 10th. (Xinhua News Agency)