World Economic Forum to Accelerate Multistakeholder Climate Action at COP28

The World Economic Forum will advance multistakeholder initiatives for enhanced climate solutions at the 28th Conference of the Parties of the UNFCCC. The Forum will focus on key priority action areas including industry decarbonization and net zero, energy transition, food, nature and innovative finance.COP28 takes place from 30 November to 12 December 2023 in Dubai, United Arab Emirates, and serves as an urgent call to action to the global climate crisis.Learn more about the Forum’s work at COP28 here.

Geneva, Switzerland, November 2023 – The World Economic Forum will convene heads of state, ministers, business leaders, philanthropy and civil society to advance climate action at the 28th Conference of the Parties of the UNFCCC (COP28) at the Expo City Dubai, in Dubai, United Arab Emirates. The Forum’s focus at COP28 is to address priority action areas including industry decarbonization and net zero, energy transition, food, nature and innovative finance.

“We have to take a holistic approach to address the environment crisis, with people at the heart of the agenda, focusing on restoring and protecting nature ecosystems, strengthening community resilience in the face of water stresses and extreme temperatures, while stopping the pollution of our land, sea and water,” said Gim Huay Neo, Managing Director, World Economic Forum. “Fostering a sense of inter-dependence, mutual trust and support as well as active collaboration between governments, the private sector, philanthropy, civil society and communities is needed to build a more harmonious relationship among communities and with the planet. COP28 is an opportunity for the World Economic Forum to provide a platform for multistakeholders to take stock on progress, enhance partnership efforts and explore new ideas and solutions together to safeguard our global commons.”

The discussions in Dubai will build on outcomes from the Forum’s Sustainable Development Impact Meetings 2023, which reflected on progress made on the Sustainable Development Goals (SDGs) and created momentum in addressing the climate and nature crises and advancing an inclusive energy transition.
 
As part of the COP28 programme, the Forum will hold several sessions aligned to the meeting’s thematic areas. Most of the sessions will take place at the COP28 Blue Zone, which is accessible to UNFCCC-accredited media.
 
Insights and initiatives
 
The following Forum announcements and publications will be released at COP28.
 22 Nov.: Net Zero Industry Tracker 202322 Nov.: Financing Energy Transition Projects with Industrial Clusters in Europe26 Nov.: Biodiversity Credits: Demand Analysis and Market Outlook27 Nov.: Biodiversity Credits: A Guide to Support Effective Use29 Nov.: Launch of Scope 3 Action Plan from the Alliance of CEO Climate Leaders29 Nov.: Navigating Article 6: Opportunities for the Middle East and North Africa30 Nov.: Grassroots to Boardrooms:Social Innovation Partnerships for Climate Adaptation30 Nov.: Catalysing Climate Action in Asia: Unlocking the Power of Philanthropic-Private-Public Partnerships30 Nov.: Policy Action to Mobilize Climate Finance and Market Responses 1 Dec.: Taking Stock of Global Business Efforts on Adaptation4 Dec.: Joint Communiqué: CEOs from the Leaders for a Sustainable MENA Sign Joint Letter to Pledging Net Zero by 2050 and to Reduce 200MT CO2 Emissions by 20304 Dec.: Roadmap for Enabling Measures for Green Hydrogen in the MENA Region4 Dec.: Fuelling the Future of Shipping: Key Barriers to Scaling Zero-Emission Fuel Supply5 Dec.: Circularity in the Built Environment: Maximizing CO2 Abatement and Business Opportunities5 Dec.: Using a People-positive Approach to Accelerate the Scale-up of Clean Power: A C-Suite Guide for Community Engagement Find more about World Economic Forum insight publications here.

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).

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