Representatives from nearly 200 nations, business and civil society leaders are convening at COP28 in Dubai to shape the future of our planet. We look forward to participating in the summit and invite you to join us in this pivotal event.
Here is what we look forward to seeing at COP28:
- Agreement on the need for a fair and inclusive transition to net zero. As COP participants debate how to achieve a transition to net zero that does not leave anyone behind, we will advocate for a transition that delivers not only climate and environmental action, but also socio-economic distribution and equity, and gives a voice to the communities and people affected by the transition. Our Just Transition Criteria help investors, policy makers and other stakeholders integrate such a just transition perspective into their decisions.
- More finance mobilised for climate action. It is no secret that we need more ambition to deliver on finance for climate, particularly in emerging and frontier markets. Our comprehensive guide on using catalytic capital for a global just transition helps catalytic capital providers (including development finance institutions, multilateral development banks and philanthropic funders) identify concrete actions to unlock private finance flows for a just transition globally.
- Giving communities more agency in the transition. Investors are increasingly engaging with local communities in the context of green investments (as profiled in our recent investor guide for engaging communities) and we believe such pioneering practices will be key to reducing and mitigating the risks associated with the transition and ensuring it delivers for all.
We look forward to actively contributing to COP and supporting meaningful and inclusive climate action.
Where you can find us at COP28
We will be speaking to our work at the Climate Action Innovation Zone and the World Climate Summit – The Investment COP, where our Chief Executive, Kieron Boyle, will be moderating events on how to mobilise more capital for a fair and inclusive transition for net zero. And look out for our updates on email and LinkedIn next week, as our Communications and Engagement Manager, Steffi Dawoud, brings you key developments from the conference.
7 December – Climate Action Innovation Zone
Mobilising private finance for the net zero transition: Innovations, challenges, and opportunities
15:30 – 16:15 | Climate Action Stage | Madinat Jumeirah Conference Centre, Dubai, UAE
Achieving the transition to net zero, and doing so fairly, is the great challenge of our era. How can private investment be mobilised in a way that is fair and inclusive and enables people and communities to thrive in a net zero economy? We’ll be discussing the role of private finance in emerging and frontier markets, focusing on the opportunity of instruments such as catalytic capital, voluntary carbon markets and specialist investment funds.
8 December – World Climate Summit – The Investment COP
Financing the Green Transition: Accelerating Climate Investments Across Sectors by 2030.
09:15-10:00 | Opening session | Conrad, Dubai, UAE
To reach a net-zero, climate-resilient economy by 2050, investments in climate solutions must increase significantly. What concrete steps need to be accomplished now to make global finance flows consistent with this pathway? How can public and private sectors finance the transition to a net-zero economy that will create green jobs and improve well-being?