07.09.2023,
6857 Zeichen
Abu Dhabi, Uae (ots/PRNewswire) - The COP28 Presidency will host the
Business & Philanthropy Climate Forum (BPCF) on December 1 and 2,
held concurrently with the world leaders World Climate Action Summit.
This CEO-level Forum will mobilize global business leaders and
philanthropists to progress action in line with the COP28
Presidential Action Agenda to advance cross-sectoral progress around
net zero and nature positive goals.
* Business & Philanthropy Climate Forum to accelerate climate and
nature solutions.
* Over 500 CEOs and Philanthropists to convene 1 and 2 December.
* The Forum will connect business and philanthropy with the COP28
Action Agenda, helping to enable a fast-tracked energy
transition,
fixing climate finance, focusing on people, lives and livelihoods
with full inclusivity.
This first of a kind multi-stakeholder engagement strategy for
climate and nature is driven by the UAE's ambition to host a truly
inclusive climate conference that marshals full and broad support
with engagement from all regions of the world. The Forum will
converge business and philanthropy leaders, along with policy makers,
to ensure co-creation, collaboration, and acceleration to unlock
solutions and drive bolder results.
Hosting the Forum in parallel with the Heads of State level World
Climate Action Summit, the COP28 Presidency is determined to close
the gaps between policy and practice, and accelerate climate action
through cross-sectoral partnerships and collaboration.
Prominent leaders from business and philanthropy will gather at the
forum, bringing their expertise and resources to deliver tangible
climate and nature solutions at a global scale. The Forum will
address key climate priorities related to the COP28 Action Agenda,
which includes fast-tracking a just and orderly energy transition;
fixing climate finance; putting nature, lives and livelihoods at the
heart of climate action; and underpinning everything with full
inclusivity.
COP28 President-Designate Dr. Sultan Al Jaber said, "To disrupt
business as usual and fix climate finance we need action from
everyone. We are committed to underpinning everything at COP28 with
full inclusivity and we want to bring together key stakeholders to
work on collective solutions. That is why I am hosting the Business &
Philanthropy Climate Forum to deliver concrete outcomes from the
private and philanthropic sectors that can be presented at the
highest levels of COP28. Businesses and philanthropists must play
leading roles in meeting net zero pathways and delivering sustainable
development and at COP28 they will have a platform to do so."
The Forum will be chaired by the COP28 Special Representative for
Business & Philanthropy, Badr Jafar, a businessman and philanthropy
advocate, who also serves on the COP28 Advisory Committee.
Badr Jafar said, "The private sector holds the greatest promise to
accelerate the accomplishment of our climate and nature global goals,
which is why COP28 will ensure business and philanthropy are embraced
as critical partners. The Business & Philanthropy Climate Forum
provides this enabling platform for action, breaking down silos
between sectors and connecting stakeholders from all regions of the
world around game-changing outcomes underpinned by the COP28 Action
Agenda. This is what is needed to deliver scalable solutions that can
positively transform the lives of billions of people."
COP28 will see the conclusion of the Global Stocktake, outlining gaps
in implementation under the Paris Agreement. The COP28 Action Agenda
is purposefully designed to accelerate implementation across each of
the major workstreams. This includes mitigating emissions through a
tripling of clean energy capacities and sectoral decarbonization. It
also includes support to strengthen resilience and boost adaptation
efforts by focusing on key sectors impacted by climate change,
including health systems, food and water, nature and ecosystems,
cities, and relief and recovery.
Aligned with the COP28 Action Agenda, Forum attendees will look at
targeted solutions for accelerating technology transfer, de-risking
green investments, enabling effective investment for nature
conservation, developing 'greenshots' for large-scale catalytic
action, enabling climate SMEs and startups, and investing in
resilience for the most vulnerable, amongst other essential private
sector outcomes.
The Forum is set to engage over 500 CEOs and philanthropists for a
90-minute flagship session on December 1 in the COP28 Blue Zone. Held
under the theme of 'Synergizing Business and Philanthropy: A New
Paradigm for Climate & Nature Action', this session will focus on how
best to mobilize the experience and resources of the private sector
to deliver meaningful action and unlock greater flows of private
financing for the Global South.
The Forum will then move to the Green Zone Conference Center for
afternoon sessions on December 1, under the theme of 'Business &
Philanthropy as Game Changers: Setting the Stage for Action'.
Participants will gather for full-day sessions on December 2 at the
Green Zone Conference Center on 'Forging Pathways to Green Growth'.
The Forum will be held at the beginning of the two-week COP28 program
that runs from 30 November to 12 December. The two-week agenda for
COP28 was developed in consultation with stakeholders from around the
world in a six-week open consultation – the first such approach taken
by a COP Presidency.
COP28 Special Representative for Business & Philanthropy, Badr Jafar
is CEO of Crescent Enterprises and is actively involved with a
diverse range of organizations and initiatives focused on social
entrepreneurship, international development, humanitarian aid,
strategic philanthropy and corporate governance.
Notes to Editors COP28 UAE:
* COP28 UAE will take place at Expo City Dubai from November
30-December 12, 2023. The Conference is expected to convene over
70,000 participants, including heads of state, government
officials, international industry leaders, private sector
representatives, academics, experts, youth, and non-state actors.
* As mandated by the Paris Climate Agreement, COP28 UAE will
deliver
the first ever Global Stocktake – a comprehensive evaluation of
progress against climate goals.
* The UAE will lead a process for all parties to agree upon a clear
roadmap to accelerate progress through a pragmatic global energy
transition and a "leave no one behind" approach to inclusive
climate action."
* The Business & Philanthropy Climate Forum is COP28's private
sector engagement platform to convene and engage business leaders
and philanthropists from around the world.
View original
content:https://www.prnewswire.co.uk/news-releases/cop28-uae-announce
s-largest-global-convening-of-business--philanthropy-leaders-around-c
limate-and-nature-301920405.html
Digital press kit:
http://www.ots.at/pressemappe/PR169701/aom
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